[Russia] - Raiffeisen Bank to 'Drastically' Reduce Operations in Russia

INSUBCONTINENT EXCLUSIVE:
Central Bank and the U.S
Treasury Department
Initial consequences for customers, such as restrictions in payments, have already taken effect
said.Campaigners have previously accused Raiffeisen of only paying lip service to its intention to quit the Russian market as it has seen
years building up its Russian operations before the invasion
It specialized in servicing European companies, their foreign workers and other high-end international clients, but had started aggressively
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