"We made a solution": Raiffeisen Bank management discussed exit from
It is reported that the Chairman of the Supervisory Board, Erwin Hasseder, called the bank's absurd accusations that he wants to enrich himself with the help of war in Ukraine. The solution to how to act with the assets of the Russian Federation was difficult. In particular, due to the fact that during the sale - a certain amount will get to the Russian treasury. The head of RBI Johann Strobl stated that options for selling assets and withdrawal of transactions were considered.
"We have decided to consider the potential agreements that lead to the sale or withdrawal of Raiffeisenbank Russia and its deconsessed from RBI Group, in full accordance with local and international laws and rules," he said. According to him, during these agreements business activity in Russia will be even more reduced. He also noted that the bank also received a good profit without the participation of the Russian segment.
However, as journalists write, Strobl did not name specific terms when selling or withdrawal agreements will be completed. However, in both cases, RBI will need to obtain a number of permits of regulated bodies, as well as a buyer who will not be imposed on sanctions, and a "special decision" of Russian President Vladimir Putin. The publication writes that during a meeting of RBI shareholders, local activists were protesting opposite the Hilton Hotel.
They demanded to "stop funding" the war in Ukraine. Recall that on March 30, the RBI website has already appeared that the bank is coming from the Russian Federation and selling Russian assets. This decision, as they say in the Prescribe, approved in accordance with local and international laws, and will soon be engaged in the search for a buyer of assets. It should be noted that on March 24, the European Central Bank offered Raiffeisen to leave Russia.