Comment of RBI Group regarding the public statement of the National Bank of Ukraine, dated January 10, 2023
It is of high importance to us to stress that Raiffeisen Bank International Group stands with the Ukrainian people affected by this terrible war.
RBI strictly follows all applicable Austrian and EU legal requirements, which recognise the territorial, political and economic integrity of Ukraine.
Contrary to what is being claimed on social media, we would like to assure you that RBI does not, directly nor through its subsidiaries, perform any business activities in any of the territories of Donetsk and Luhansk regions and the Crimean peninsula.
RBI has a subsidiary bank in the Russian Federation, which operates as a separate legal entity and must act according to all applicable Russian laws, including the grace period.
RBI is examining all strategic options for the future of Raiffeisenbank Russia, up to and including a carefully managed exit from the bank. Due to the complexity of the situation, including restrictive measures imposed by the Russian Federation, this process is continuing.
Since the outbreak of the war, Raiffeisenbank Russia has also largely discontinued its lending business and reduced its lending volume by approximately 25 per cent.
The war in Ukraine is having a devastating impact on the country’s people and economy. Since the outbreak of war, the RBI Group has provided extensive humanitarian aid measures for Ukraine which is not limited by direct financial aid that amounts EUR 20 ml but includes comprehensive assistance to the people in Ukraine and Ukrainian refugees abroad. RBI continues to support its customers and employees while contributing to the financial stability of the country.
Raiffeisen Bank Ukraine works in a committed manner under wartime conditions, ensuring the banking systems’ stability, fully meeting its obligations to the regulation, clients and employees. While being recognized as the most reliable bank in the country over years, Raiffeisen Bank Ukraine is one of the biggest lenders providing significant financing to the economy.