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Raiffeisenbank, a subsidiary of the Austrian Raiffeisen Bank International (RBI), denied reports that appeared today about a possible withdrawal from Russia. This was reported to RIA Novosti by a credit institution.
Earlier on Tuesday, Reuters reported, citing informed sources, that the Austrian Raiffeisen Bank was exploring the possibility of leaving the Russian Federation due to the situation in Ukraine.
“Raiffeisenbank refutes the news agency’s report … about a possible exit from the Russian market. We are ready to ensure the uninterrupted availability of financial services for our clients in the Russian market,” the press service emphasized.
Recall, on February 24, Russian President Vladimir Putin made an emergency appeal to the Russians and announced a special military operation in the Donbass. In his speech, he stated that “circumstances require decisive action from Russia” and stressed that “Russia will not allow Ukraine to have nuclear weapons.”
In response to Russia’s actions, Western countries (USA, Canada, European Union, Great Britain, Japan) announced new, tougher sanctions against the Russian Federation, including financial and economic ones.
In particular, Russian banks fell under the sanctions, including Sberbank, VTB, Novikombank, FC Otkritie and Sovcombank, and for a number of state-owned companies it was difficult to attract foreign capital.
Later, the EU countries and the United States agreed to disconnect Russian banks that fell under sanctions from the international system of interbank transactions and information exchange SWIFT. In addition, it was decided to freeze the assets of the Bank of Russia, which will create difficulties for its use of international reserves. EU countries also pledged to take steps to limit the sale of citizenship — the so-called “golden passports” that allow wealthy Russians connected to the Russian government to become citizens of EU states and access their financial systems.
You can follow the chronicle of events around Ukraine on March 1 here.
Source: Rosbalt
Tristin is an accomplished author and journalist, known for his in-depth and engaging writing on sports. He currently works as a writer at 247 News Agency, where he has established himself as a respected voice in the sports industry.
