Reuters broke news that Austria’s Raiffeisen Bank International is looking into leaving Russia, a move that would make it the first European bank to do so since the country’s invasion of Ukraine. Such a decision is not imminent, but could be triggered if the bank’s businesses in those countries need further cash or capital.
Business & Finance
Reuters breaks news that Austria’s Raiffeisen Bank examines leaving Russia; market reacts
01 مارس 2022, 7:58 pm 1 minute
Market Impact
The bank’s shares rebounded after earlier sharp falls on the report.
Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: Europe
Countries: Russia
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story