Raiffeisen Bank eyes options including exit for Russian unit
VIENNA (Reuters) – Raiffeisen Bank International is assessing all strategic options for the future of its Raiffeisenbank Russia unit, “up to and including a carefully managed exit”, the Austrian lender said in a presentation slide on Wednesday.
RBI, one of the European banks most exposed to Russia, said in March it was studying a possible withdrawal from the country.
It said on Wednesday it had 2.3 billion euros ($2.42 billion) in equity and other capital exposure to Russia as of the end of March.
($1 = 0.9514 euros)
(Reporting by Michael Shields; Editing by Paul Carrel)