US threatens EU bank for working in Russia – Reuters ...News

Austria’s Raiffeisen bank could be cut off from the US financial system, Washington has reportedly warned The US Treasury has threatened to curb the access of Raiffeisen Bank International (RBI) to the American financial system because of its continued activity in Russia, Reuters reported on Wednesday. The Austrian lender is one of the few foreign banks to have stayed in Russia amid sanctions imposed by Western countries since the start of the Ukraine conflict in 2022. The lender enables euro and dollar payments to and from the country. It is listed by Russia’s central bank as one of 13 systemically important cred

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