The US Treasury began checking the RBI due to work in Russia

The US Treasury has launched an investigation into the Austrian group Raiffeisen Bank International in connection with its Russian business. This was reported to Reuters by the bank itself. According to him, the US will strengthen control over the bank, which plays an important, critical role in the Russian economy.

The National Bank of Ukraine demanded that Raiffeisen Bank International leave the Russian market. In response to this group reportedthat her “daughter” works in Russia, so she must obey Russian laws. The group said that leaving the Russian market is complicated by the actions of the Russian authorities.

According to publications Der Standard And Kleine Zeitungthe Ukrainian authorities demanded the imposition of sanctions against two top managers of an Austrian bank, indicating that the Russian “daughter” of the group provides favorable terms for lending to Russian military personnel.

Yesterday, February 17, became knownthat Raiffeisen Bank International limited its correspondent network in Russia to five banks. The rest were forced to border transfers in dollars and euros. The Group is reducing its correspondent network in Russia from spring 2022.

Anastasia Larina