GENERICO.ruЭкономикаRaiffeisenbank will continue to reduce operations in Russia

Raiffeisenbank will continue to reduce operations in Russia

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MOSCOW, April 14 Raiffeisenbank will continue to reduce lending and foreign exchange operations in Russia, which will lead to a reduction in the size of its payments business the parent structure of Raiffeisen Bank International (RBI), the RBI press service reported.
«Following RBI Group's decision to further reduce its business activity in Russia, Raiffeisenbank Russia will continue to reduce customer loans and reduce the overall volume of processed foreign currency transactions. This will lead to a reduction in the size of RBI Group's payment business,» the bank said. .
Raiffeisenbank is a subsidiary of the Austrian Raiffeisen Bank International AG. Works in Russia since 1996. Raiffeisen Bank International is currently considering possible future options for the Russian subsidiary, including an exit from its capital.

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