The National Bank criticizes Raiffeisen because of plans to leave Russia, which will unlock the sanctioned assets of the Kremlin

31 March 2023, 13:58 | Economy
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The National Bank noted the positive in the statement of the Raiffeisen Bank International (RBI) group regarding the complete closure of business in Russia. However, the NBU considers the option of exchanging Russian assets of Raiffeisen for sanctioned assets of Sberbank in Austria unacceptable, the NBU said in a statement..



It is clarified that the Raiffeisen statement does not have a clear plan with specific steps and deadlines for their implementation, but it reflects the bank's readiness for a real reduction in business activity in Russia.

At the same time, the head of the NBU, Andriy Pyshny, spoke about the unacceptability of an asset swap with Sberbank: "

At the same time, the Ukrainian Raiffeisen Bank remains systemically important and is supported by the regulator to ensure financial stability..

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