Austria stalls Russian sanctions over Raiffeisen blacklisting  | Reuters News Agency

Business & FinanceGovernment

Reuters exclusively reported that Austria is seeking to have Raiffeisen Bank International, the biggest Western bank in Russia, struck off a Ukrainian blacklist in return for signing off fresh European Union sanctions on Russia, said two people familiar with the situation. 

Market Impact

Raiffeisen’s presence in Russia has proved divisive within its management as well as among the regional Landesbanks that control the group, with some advocating it leaves. 

Article Tags

Topics of Interest: Business & FinanceGovernment

Type: Reuters Best

Sectors: Financial ServicesGovernment & Public Services

Regions: Europe

Countries: Austria

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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