UN mission in Ukraine has no powers to assess situation in Crimea, diplomats noteWorld September 25, 21:11
Gentlefan continues: Manchester United fans to get raincoats ahead of encounter with CSKASport September 25, 20:30
US-led coalition denies charges of US units leading Syrian 'opposition' through IS linesWorld September 25, 18:49
Supplies of S-400 systems to Turkey may begin within two yearsMilitary & Defense September 25, 18:14
Ukraine involved in illegal arms deliveries to South Sudan — Amnesty InternationalWorld September 25, 18:01
Russian general's death in Syria result of US double-dealing in war on terror — diplomatRussian Politics & Diplomacy September 25, 17:42
Russia's top diplomat says conditions in Syria ripe for defeating terroristsRussian Politics & Diplomacy September 25, 17:07
Russian envoy notes US actions in Syria as Washington's true colors on anti-terror policyRussian Politics & Diplomacy September 25, 17:00
Economy minister believes new technologies will drive Russia’s economyBusiness & Economy September 25, 16:50
VIENNA, January 20. /TASS/. Raiffeisen Bank International (RBI) does not intend to sell its Russian unit ZAO Raiffeisenbank, CEO Karl Sevelda said on the sidelines of a Euromoney conference.
“I can only repeat what we’ve already announced. We stick to the Russian business, and we’re not going to sell it. Why should we sell our most profitable unit?” Sevelda said.
He added that some media reports on Raiffeisenbank sale were not true, and added that the Russian unit is an important part of the overall RBI strategy, though the current crisis in the Russian economy might take its toll.
“In any crisis situation you get more cautious, you take a more cautious look at borrowers, at loan granting policy. This might also take toll on the Russian unit, let’s wait and see. The Russian unit is an important part of our business strategy and will remain so,” Karl Sevelda.