OTC Markets OTCPK - Delayed Quote • USD Raiffeisen Bank International AG (RAIFY) Follow Compare 5.19 +0.09 +(1.76%) At close: January 10 at 9:30:08 AM EST All News Press Releases SEC Filings All SEC Filings Corporate Changes & Voting Matters Periodic Financial Reports Proxy Statements Tender Offer/Acquisition Reports Offering Registrations Econergy gets $39.5m from Raiffeisen Bank to support Romania solar project The financing will help repay loans for the acquisition, development, and construction of the Parau solar project in Romania. Exclusive-ECB pushes Raiffeisen, UniCredit to hold capital for Russia risk, sources say The European Central Bank is pushing Raiffeisen and UniCredit hold some capital as a buffer against potential risks stemming from their Russia businesses, two sources with knowledge of the matter said. The ECB is seeking to address the dangers the two banks still face by operating in a country in which they no longer have effective control of their own activities, one of the people said. The regulator could adjust the banks' individual capital requirements, which supervisors set yearly to reflect risks which are not covered by broader, industry-wide capital thresholds, the sources said. Bank Stocks Surge, With Wells Fargo and Goldman Sachs Among Biggest Gainers Shares of the biggest U.S. lenders, JPMorgan, Bank of America, Wells Fargo and Citigroup, all leapt on the prospects for lighter-touch regulation and higher interest income under a Donald Trump administration. Shares of investment banks Goldman Sachs and Morgan Stanley also jumped. So did those of regional lenders including PNC Financial Services and credit-card issuer Capital One. Raiffeisen Bank International AG (RAIFF) Q3 2024 Earnings Call Highlights: Navigating ... Raiffeisen Bank International AG (RAIFF) reports solid profits and stable liquidity, while addressing operational challenges in Russia and Poland. Impending expiry of U.S. sanctions licence threatens Russia's yuan liquidity The impending expiry of a U.S. licence permitting transactions involving the pillars of Russia's financial infrastructure could make it harder and costlier for Russian businesses to deal in Chinese yuan, sources engaged in imports and payments told Reuters. The yuan, which hit a near-one-year high against the rouble on Wednesday, has become the most traded foreign currency in Moscow since Russia's decision to send troops into Ukraine in February 2022 sparked sweeping Western sanctions and a ramping-up of Russia's de-dollarisation policy. With Chinese banks wary of the secondary sanctions risks of dealing with Russian entities blacklisted by Washington, and the Bank of Russia reluctant to continue pumping in yuan liquidity through FX swaps, some importers fear that payment issues between Russia and China could worsen. Raiffeisen stamps deal with Soven 1 Holding to sell Priorbank JSC RBI signs a contract to sell Priorbank JSC to Soven 1 Holding Limited. Austrian Raiffeisen's entanglement with Russia A Russian court has frozen Raiffeisen Bank International's local arm, killing off any prospect of selling the business for now and deepening the standoff between Moscow and the West. Austrian bank RBI, active in Russia since the end of the Soviet Union, has increasingly frustrated U.S. and European officials after failing to scale back its business there, despite repeated warnings it should pull back following the 2022 invasion of Ukraine. Below is a timeline of the row over Raiffeisen's presence in Russia. Russian court freezes Raiffeisen shares in local bank, blocking sale FRANKFURT/VIENNA (Reuters) -A Russian court froze the shares in Raiffeisen Bank International's local arm, the biggest Western bank in Russia said on Thursday, blocking the sale of the unit and escalating a standoff between Moscow and the West. A spokesperson for Raiffeisen said that the Russian court move ruled out a sale of the bank, although they said it would have no impact on the Russian bank's operations or on the efforts demanded by the European Central Bank to reduce it. RBI will attempt to reverse the court decision, it said in the statement, which is the biggest such freeze involving a Western bank in Russia. EBRD extends €5m loan to Raiffeisen Leasing Kosovo to support SMEs The credit line is part of EBRD’s Sustainable Reboot SME Programme. How Raiffeisen's bet on Russia took it to the brink VIENNA (Reuters) -For more than four months, U.S. envoys delivered increasingly shrill warnings to Austria's Raiffeisen Bank International to scrap a deal they said had links to one of Russia's most powerful oligarchs. In May, Washington's patience snapped. In a written ultimatum that landed on May 8 at the bank, its supervisor the European Central Bank and Austria's government, Washington threatened to curb Raiffeisen's access to the dollar, according to one person who has seen the letter, a potential death sentence for the biggest Western lender in Russia. EBRD approves €5m loan to Raiffeisen Leasing Kosovo to support SMEs The project, with an Energy Transition Index score of 60, is set to significantly contribute to promoting competitive and green qualities, the EBRD said. European banks in Russia face 'awful lot of risk', Yellen says U.S. Treasury Secretary Janet Yellen told Reuters that European banks face growing risks operating in Russia and the U.S. is looking at strengthening its secondary sanctions on banks found to be aiding transactions for Russia's war effort. "We are looking at potentially a tougher stepping-up of our sanctions on banks that do business in Russia," Yellen told Reuters in an interview, declining to provide specifics and not identifying any banks at which they could be aimed. Speaking on the sidelines of a G7 finance leaders meeting in northern Italy, Yellen said that sanctions related to banks' dealings in Russia would only be imposed "if there was a reason to do so, but operating in Russia creates an awful lot of risk," she added. Yellen warns German banks to boost compliance with US sanctions on Russia FRANKFURT (Reuters) -U.S. Treasury Secretary Janet Yellen urged German bank executives on Tuesday to step up efforts to comply with sanctions against Russia and shut down efforts to circumvent them to avoid potential penalties themselves that would cut off dollar access. Yellen said at the start of a meeting with bankers that the Treasury's new authority to hit banks with secondary sanctions if they aid Russian military-related transactions had helped to frustrate Russia's efforts to procure goods needed for its war in Ukraine, but more work was needed. RPT-EXPLAINER-Austria's Raiffeisen faces US wrath over Russian business The U.S. Treasury has warned Austria's Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dealings, according to a person who has seen a letter detailing the threat. The May 6 letter is the strongest warning yet to the biggest Western bank in Russia and follows months of pressure from Washington, and Europe, as they try to toughen up sanctions against Russia and further squeeze it financially. RBI this month abandoned a $1.5 billion deal linked with a sanctioned Russian tycoon that the U.S. opposed. Austria's Raiffeisen faces US wrath over Russian business LONDON/FRANKFURT (Reuters) -The U.S. Treasury has warned Austria's Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dealings, according to a person who has seen a letter detailing the threat. The May 6 letter is the strongest warning yet to the biggest Western bank in Russia and follows months of pressure from Washington, and Europe, as they try to toughen up sanctions against Russia and further squeeze it financially. RBI this month abandoned a $1.5 billion deal linked with a sanctioned Russian tycoon that the U.S. opposed. EXPLAINER-Austria's Raiffeisen faces US wrath over Russian business The U.S. Treasury has warned Austria's Raiffeisen Bank International (RBI) that its access to the U.S. financial system could be restricted because of its Russian dealings, according to a person who has seen a letter detailing the threat. The May 6 letter is the strongest warning yet to the biggest Western bank in Russia and follows months of pressure from Washington, and Europe, as they try to toughen up sanctions against Russia and further squeeze it financially. RBI this month abandoned a $1.5 billion deal linked with a sanctioned Russian tycoon that the U.S. opposed. Exclusive-US warned Raiffeisen's access to dollar system could be curbed over Russia, source says FRANKFURT/VIENNA (Reuters) -Raiffeisen Bank International was warned by the U.S. Treasury in writing that its access to the U.S. financial system could be curbed because of its Russia dealings, according to a person who has seen the correspondence. On May 6, Deputy Secretary of the Treasury Wally Adeyemo sent a letter to RBI, expressing concern about RBI's presence in Russia as well as a $1.5 billion deal with a sanctioned Russian tycoon that the bank has since scrapped, according to the person, who requested anonymity because the matter is private. While the deal linked to Oleg Deripaska was ditched by Raiffeisen days after the letter arrived, the source said that the U.S. Treasury's concerns over the Austrian bank's business in Russia remain. Austria's RBI drops bid for stake linked to Russian tycoon after US pressure VIENNA (Reuters) -Austria's Raiffeisen Bank International (RBI) has dropped a bid for a 1.5 billion euro ($1.6 billion) industrial stake linked to Russian tycoon Oleg Deripaska after intense U.S. pressure. The deal's collapse is a fresh setback for the biggest Western bank in Russia, which faces criticism for its ties to Moscow more than two years since Russia's invasion of Ukraine. RBI's announcement followed weeks of pressure over its plan to buy a stake in construction group Strabag, a move designed to unlock bank funds frozen in Russia but opposed by the U.S. Crypto Exchange Bitpanda Expands Austrian Presence With Raiffeisen Bank Partnership Bitpanda’s crypto offering in partnership with Raiffeisen Bank has been extended beyond Vienna to 55 bank branches across Austria UPDATE 3-Austria's Raiffeisen may yet 'walk away' from Strabag deal Raiffeisen Bank International (RBI) could walk away from plans to buy a stake in a construction firm linked to a Russian tycoon if there is a risk of sanctions breaches, the CEO of the biggest Western bank in Russia said on Thursday. RBI wants to buy a stake in Strabag linked to Oleg Deripaska for 1.5 billion euros ($1.6 billion), a contested deal that has renewed international pressure on the Austrian lender. "If we cannot get comfortable with the sanction and compliance risk, we must walk away from this deal," Johann Strobl told analysts, adding that he had learned more about its workability in recent weeks. Performance Overview Trailing total returns as of 1/10/2025, which may include dividends or other distributions. Benchmark is Austrian Traded Index in EUR Return RAIFY Austrian Traded Index in EUR YTD -0.10% -0.31% 1-Year +11.37% +6.57% 3-Year -24.57% -8.07%