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17 Mar 2022

RBI is assessing all strategic options for the future of Raiffeisenbank Russia

Raiffeisen Bank International (RBI) is a universal banking group operating in 13 markets across Central and Eastern Europe.

The war in Ukraine is having a devastating impact on the country’s people and economy. Our thoughts and support are with all those people whose lives have tragically changed forever as a result of this war.

“This unprecedented situation leads RBI to consider its position in Russia. We are therefore assessing all strategic options for the future of Raiffeisenbank Russia, up to and including a carefully managed exit from Raiffeisenbank in Russia,” said RBI-CEO Johann Strobl.

RBI and its subsidiary banks continue to operate in compliance with local and international sanction laws, changing financial market requirements, and in line with our Code of Conduct. 

RBI’s subsidiary banks are self-funded, well-capitalized, and have insignificant cross-border exposure to Russia. We have a duty of care to our employees and our customers. Across the RBI Group, we are doing everything we can to support them and the humanitarian effort.

* * * * *

RBI regards Austria, where it is a leading corporate and investment bank, as well as Central and Eastern Europe (CEE) as its home market. 13 markets of the region are covered by subsidiary banks. Additionally, the RBI Group comprises numerous other financial service providers, for instance in leasing, asset management or M&A.

Around 46,000 employees service 19 million customers through approx. 1,800 business outlets, the by far largest part thereof in CEE. RBI's shares are listed on the Vienna Stock Exchange. The Austrian regional Raiffeisen banks own around 58.8 per cent of the shares, the remainder is in free float. Within the Austrian Raiffeisen Banking Group, RBI is the central institute of the regional Raiffeisen banks and other affiliated credit institutions.

For further information please contact:

Ingrid Ditz (+43-1-71 707-6055, [email protected]) or

Christof Danz (+43-1-71 707-1930, [email protected]

http://www.rbinternational.com