Raiffeisen is not rushing with its exit, while officials in Vienna have defended long-standing ties with Moscow, the outlet has reported Austrian banking group Raiffeisen, one of the last major Western lenders in Russia, is delaying its withdrawal despite pressure from EU regulators, Reuters reported on Thursday. The agency quoted officials in Vienna as defending long-standing ties with Moscow. Raiffeisen is viewed as playing an important role in the Russian economy, providing a lifeline for euro payments to and from the country. It is one of only two foreign banks on the Russian central bank’s list of 13 systemic
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