Major bank says EU trying to force it out of Russia ...News

Russia Today - Economy
Major bank says EU trying to force it out of Russia
source : Russia Today ( News ) () 109
Raiffeisen says it expects to be asked by the EU Central Bank to further reduce operations in the sanctioned country Raiffeisen, the largest foreign-owned bank in Russia, said on Thursday it is being pressured by the EU regulator to more rapidly reduce its presence in the country. Raiffeisen Bank International (RBI) said it is expecting to receive a request from the European Central Bank (ECB) to that effect “in the near term.” RBI is one of the few foreign banks to have stayed in Russia despite sanctions imposed on Moscow by the EU, the US and their allies since the start of Russia’s military operation in Ukraine

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