Russia, Raiffeisen Bank International

Austria's Raiffeisen dealt blow to profits from Russian court penalty
By John O'Donnell, Miranda Murray and Francois Murphy VIENNA (Reuters) -Austria's Raiffeisen Bank International said it has set aside 840 million euros ($865 million) to cover the costs of a Russian legal penalty,
Raiffeisen Bank reports first loss in 9 years after Russian court ruling, Bloomberg reports
Raiffeisen Bank International reported its first quarterly net loss in nine years after allocating $867 million for an adverse court ruling in Russia, Bloomberg reported on Feb. 4. Raiffeisen is the largest Western bank still operating in Russia.
Raiffeisen Bank makes millions on companies that supply Russian army
Austria's Raiffeisen Bank International AG is making money from companies that supply products to Putin's army. Source: Bloomberg Details: Last year, Raiffeisen's Russian unit received more than RUB 62 million (approx.
Raiffeisen Bank Clients in Russia Help Supply Putin’s War Machine
Vienna-based Raiffeisen Bank International AG has been making money from firms supplying Vladimir Putin’s military, according to documents seen by Bloomberg, as the Russian army grinds forward in Ukraine.
Raiffeisen Bank cooperates with companies supplying Russian army, Bloomberg reports
In 2023, the Russian branch of Raiffeisen Bank earned over $1 billion in the first three quarters, which accounted for about 50% of the group's total profit. The bank also paid 277 million euros ($284 million) in taxes to Russia over the same period,
Russian court imposes 2 billion euro damages on Austrian bank Raiffeisen
A Russian court awarded more than 2 billion euros ($2.1 billion) of damages against the biggest Western bank in Russia, Austria's Raiffeisen Bank International, in a landmark ruling underscoring the perils of doing business in Russia.
Raiffeisen Bank clients in Russia aid Putin’s war
AG is making money from firms supplying Vladimir Putin’s military, according to documents seen by Bloomberg, as the Russian army pushes forward in Ukraine.
Raiffeisen Bank's Russian profits under fire amid sanctions
Austrian Raiffeisen Bank International AG (RBI) has come under scrutiny after Bloomberg revealed that it benefited from activities supporting the Russian war industry in Ukraine. The company reportedly gained approximately CAD 830,
Raiffeisen Posts First Loss in Nine Years as Provisions Surge
Raiffeisen Bank International AG posted its first quarterly net loss in nine years after it was forced to set aside €840 ...
Raiffeisen says Russia loan volume down 30% at end of 2024
Austria's Raiffeisen Bank International said on Tuesday it reduced its loan volume by 30% in Russia at the end of last year, ...
Raiffeisen Swings to Loss on Provision, Deconsolidation
The lender swung to a net loss of 926 million euros for the fourth quarter of last year after contending with a provision ...
Raiffeisen Bank International AG (RAIFF) Q4 2024 Earnings Call Transcript
Good afternoon, ladies and gentlemen, and welcome to the Preliminary Results 2024 Conference Call of Raiffeisen Bank International. Today's conference is being recorded. At this time, I would like to ...
EQS-News: Preliminary Results 2024 - Consolidated profit stable at EUR 975 million for the core Group
EQS-News: Preliminary Results 2024 - Consolidated profit stable at EUR 975 million for the core Group ...
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Raiffaisen Still Facilitating Transactions in Russia’s Defense Sector Despite Promised Exit
Raiffeisen Bank's Russian division continues operations, processing substantial transactions linked to military supply firms, despite planned withdrawal.