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| The US threatens to cut off the RBI group |
| Vienna, 11.03.2024 |
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| Anna Morris, a senior representative of the Federal Ministry of Finance, met with representatives of the Austrian government and RBI management on Thursday (7/3) and Friday (8/3), EUobserver reported.The Austrian banking group Raiffeisen Bank International (RBI) got into trouble with the American authorities for its activities in Russia. The US Department of Finance warned the bank that if it participates in the financing of the Russian armed forces, it risks being "cut off from the US financial system".TASR informs about this based on the report of the portal orf.at, which referred to the European internet journal EUobserver.
Anna Morris, a senior representative of the Federal Ministry of Finance, met with representatives of the Austrian government and RBI management on Thursday (7/3) and Friday (8/3), EUobserver reported. The RBI also has problems in Ukraine, where the anti-corruption agency has put it on the blacklist of " war sponsors ". The office identifies the bank as an important channel for financial transactions between the European Union (EU) and Russia. The RBI told EUobserver that it is interested in continuing the dialogue with the Ukrainian side in order to achieve delisting.
RBI achieved a profit of 1.3 billion euros in Russia in 2023 through its subsidiary. In the country last year, it employed 9,942 people in 490 local branches. The bank also participated in the program of preferential loans for Russian conscripts.
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Address : Euro-Brew Ltd., Hlboká 22, 917 01 Trnava, Slovakia
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