Published 09/20/2024 12:35:00 p.m.

Raiffeisen finally leaves Belarus

Summary by censor.net

The Austrian banking group Raiffeisen Bank International (RBI) has signed an agreement with a United Arab Emirates investor — Soven 1 Holding Limited — on the sale and exit from the beneficial owners of the Belarusian Priorbank.

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n-tv.de

New investor from the Gulf region: Major Viennese bank sells Belarus subsidiary

Raiffeisen Bank International only conducts limited business in Russia, but must remain in the country with a banking subsidiary for the time being. The Austrians are now getting rid of their Belarusian foothold - at a cost in the hundreds of millions.

09/20/2024 11:58:02 a.m.

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Nieuws.nl

Raiffeisen loses 800 million as a result of leaving Belarus

VIENNA (ANP) - Raiffeisen Bank International has agreed to sell its branch in Belarus. The sale is part of the Vienna lender's efforts to leave Russia and Belarus in response to Russia's invasion of Ukraine in February 2022.Raiffeisen sells its 88 pr...

09/20/2024 11:50:10 a.m.

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censor.net

Raiffeisen finally leaves Belarus

09/20/2024 12:35:00 p.m.

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welingelichtekringen.nl

Raiffeisen loses 800 million as a result of leaving Belarus

09/20/2024 11:50:10 a.m.

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www.economica.net

Raiffeisen to exit the Belarusian market

Soven 1 Holding will acquire RBI's 88% stake in Priorbank, Agerpres reports. The transaction will cause RBI losses of about 300 million euros, the Austrian group said. According to Reuters calculations, RBI sold its local subsidiary for about half of its capital of 600 million euros. The transaction is expected to close in the fourth quarter of 2024. Raiffeisen, the Austrian lender with extensive ties to Russia, is under pressure from regulators…

09/20/2024 12:52:36 p.m.

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Raiffeisen finally leaves Belarus

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New investor from the Gulf region: Major Viennese bank sells Belarus subsidiary

New investor from the Gulf region: Major Viennese bank sells Belarus subsidiary

Raiffeisen loses 800 million as a result of leaving Belarus

Raiffeisen loses 800 million as a result of leaving Belarus

Raiffeisen finally leaves Belarus

Raiffeisen finally leaves Belarus

Raiffeisen loses 800 million as a result of leaving Belarus

Raiffeisen loses 800 million as a result of leaving Belarus

Raiffeisen to exit the Belarusian market

Raiffeisen to exit the Belarusian market

Coverage Details

Bias Distribution

Ownership

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