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Raiffeisen exit from Russia “significantly less costly” than risks of staying, new briefing paper shows
Financial briefing by BankTrack, the KSE Institute and B4Ukraine shows viable options for accelerating its exit from the Russian market, which bank leadership has failed to consider.
In advance of Raiffeisen Bank International (RBI)’s annual shareholders’ meeting in Vienna on Thursday, a new briefing paper suggests the bank may be exposing investors to substantial risks by failing to adequately manage its continued exposure to the Russian market. The paper, by BankTrack, the KSE Institute of the Kyiv School of Economics, and B4Ukraine, models the costs and risks…
