The press service of Raiffeisenbank announced the removal of some signs depicting the brand on the roofs of Moscow due to the current need for brand recognition. It has been reported DEA News.
“Based on current needs to support the bank’s brand awareness, we have decided not to renew contracts for the placement of some of the roof structures at this stage,” the press service of the lender said.
Earlier, it was learned that Raiffeisenbank logos began to be removed from the roofs of some buildings in Moscow.
March 30 recognizedAustrian Raiffeisen Bank International (RBI) plans to sell its subsidiary in Russia or withdraw from the group’s periphery. This was expressed by Johann Strobl, head of the RBI. RBI Group in Russia is represented by Raiffeisenbank as well as leasing, insurance and management companies.
Formerly at Raiffeisen Bank reportedHe said they were looking for options for the future of their subsidiaries, following the requirements of the European Central Bank (ECB) to exit the Russian market.