Raiffeisen Bank International (RBI) said it has no plans to sell its Russian business in the first quarter of 2024. This was reported by TASSBased on the response from the bank’s press service, TASS.
Before that, information appeared in a number of Telegram channels that allegedly the bank’s parent Raiffeisen Bank International (RBI) will in the near future receive permission from European regulators for a transaction for the sale of assets in the Russian Federation.
The press service of Raiffeisen Bank said that this information is unreliable.
“We are talking about getting approval for the transaction with Strabag shares. “Raiffeisen continues to offer a wide range of services and fulfill all its obligations to its customers,” he emphasized.
Last December, RBI announced that it had purchased the stake in Austrian construction conglomerate Strabag from Oleg Deripaska for € 1.51 billion. The deal is planned to be completed in the first three months of 2024.
Before this, RBI had repeatedly stated regarding the intention to sell or separate from the group in accordance with local and international legislation.
previously Ukraine excluded The RBI was removed from the list of “war sponsors” in exchange for Austria agreeing to new anti-Russian sanctions.