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Out of the blue and three years have flown by — Raiffeisen Bank isn’t even pretending anymore that it wants to sell its Russian division

Raiffeisen Bank is no longer trying to sell its Russian division

According to information from the Financial Times, the group is waiting to see whether the international situation changes under the influence of the U.S. administration. The Austrian banking group Raiffeisen Bank International (RBI) has suspended its efforts to sell its Russian division. The reason is the shifting relations between Russia and the United States and global uncertainty. The Financial Times (FT) reported this, citing sources familiar with the matter.

Source https://seznamzpravy.cz/raiffeisen-bank-uz-se-nesnazi-prodat-svou-ruskou-divizi