BERLIN (Reuters) – Raiffeisen Bank International is not ready to withdraw from Russia without compensation, its CEO Johann Strobl said on Wednesday.
“We are not yet at the stage where we can withdraw without any compensation,” said Strobl, referring to the Austria-based bank’s vow to spin off its Russian business, which provides a payment lifeline to hundreds of companies there.
(Reporting by Alexandra Schwarz-Goehrlich, Writing by Friederike Heine, Editing by Rachel More)
