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117 new news items in the last 24 hours
29 May 12:47

Raiffeisen Bank International (RBI) has announced that its subsidiary in Russia will stop processing dollar payments as of June 10.

Ana Maria Eftene
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International
Foto: LCV / Shutterstock.com
Raiffeisen Bank International has been warned by the US Treasury that its access to the US financial system could be restricted. The decision to halt dollar payments comes amid criticism over its operations in Russia. RBI's Russian subsidiary said the decision would affect all the bank's customers.

Sources

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Profit.ro
Clienții Raiffeisen din Rusia nu vor mai putea efectua plăți în dolari
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G4Media
Clienţii Raiffeisen din Rusia nu vor mai putea efectua plăţi în dolari din 10 iunie
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Economica
Clienţii Raiffeisen din Rusia nu vor mai putea efectua plăţi în dolari din 10 iunie - Economica.net

ȘTIRI PE ACELEAȘI SUBIECTE

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Economy
Raiffeisen Bank reported a $1.05 billion profit in the first six months of 2023, despite Western sanctions.
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International
Russia's Raiffeisen Bank posted a net profit of 83.9 billion rubles in the first half of the year, up 17.8% year-on-year, despite international pressures.
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International
Russia has begun to use barter in foreign trade again to circumvent Western sanctions.
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International
The UK has imposed sanctions on eight individuals and entities helping Russia circumvent Western sanctions, including cryptocurrency platforms.
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