Raiffeisen Bank International Fails to Sell Russia Stake, Reuters Says, Citing Sources

Dow Jones
Oct 02
 

--Raiffeisen Bank International's attempt to sell its Russia stake has failed, Reuters says, citing unnamed sources.

--Russian officials opposed a sale over concerns that a Russian buyer would be subject to Ukraine war-related Western sanctions against RBI, Reuters says.

--A Raiffeisen Bank spokesperson told Reuters that it was cutting business in Russia and that any sale of its business required Russian approval, without commenting on any recent discussions.

Russia's central bank said it would not comment on discussions with specific banks, Reuters says.

 

Full story: https://tinyurl.com/6ddsywhz

 

Write to Anthony O. Goriainoff at anthony.orunagoriainoff@dowjones.com

 

(END) Dow Jones Newswires

October 02, 2025 03:40 ET (07:40 GMT)

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