✉news BusinessBusiness first seen 5 h ago, last 30 min ago, peak #3
Raiffeisen CEO sees no expropriation of its Russian business
Original: RBI sees no signs of expropriation of Russian business, CEO says
Raiffeisen Bank International's chief executive said the Austrian lender sees no signs of expropriation of its Russian business, according to Reuters. The remarks matter because Raiffeisen is one of the last major Western banks still operating in Russia, and its fate there is closely watched by investors and European policymakers amid sanctions and talk of forced asset transfers.
Why now: Raiffeisen is the largest Western bank still active in Russia, so any signal about the safety of its assets there draws wide attention.
Raiffeisen Bank InternationalRussiaAustria
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