|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||11.85 - 11.85|
|52 Week Range||11.39 - 24.32|
|Beta (5Y Monthly)||1.61|
|PE Ratio (TTM)||2.48|
|Forward Dividend & Yield||1.25 (10.27%)|
|Ex-Dividend Date||Apr 05, 2022|
|1y Target Est||N/A|
Austria's Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications of interest for its Russia operations, the bank's chief said on Wednesday. RBI has been studying strategic options for the business, including a possible withdrawal from Russia, following Russia's invasion of Ukraine. The lender has operated in Russia since the collapse of the Soviet Union 30 years ago.
Raiffeisen Bank International is assessing all strategic options for the future of its Raiffeisenbank Russia unit, "up to and including a carefully managed exit", the Austrian lender said in a presentation slide on Wednesday. RBI, one of the European banks most exposed to Russia, said in March it was studying a possible withdrawal from the country. It said on Wednesday it had 2.3 billion euros ($2.42 billion) in equity and other capital exposure to Russia as of the end of March.
FRANKFURT (Reuters) -Austria's Raiffeisen Bank International, one of the European banks most exposed to Russia, said on Thursday that it was studying a possible withdrawal from the country. The lender has operated in Russia since the collapse of the Soviet Union 30 years ago and its business there - Russia's No. 10 bank by assets - contributed almost a third to the group's net profit of 1.5 billion euros ($1.7 billion) last year. Since Russia's invasion of Ukraine last month, banks with operations in Russia have been under pressure as investors fear writedowns, business interruption and slower economic growth.