Uncertainty in Eastern Europe Makes RBI Nervous

Businessn.a. ♦ Published: April 12, 2014; 09:16 ♦ (Vindobona)

In the last few months, the frame conditions in Russia become more and more unpredictable for foreign investors. For RBI, Russia is the most important market.

RBI Faces Hard Times in Russia / Picture: © Vindobona.org

What has been a blessing for a long time, might become a curse: Raiffeisen Bank International, the second-largest lender in CESEE, highly depends on the business in Russia. For RBI, Russia is clearly the most profitable banking market. Furthermore, the growth potential was more than promising in the last few years. According to RBI´s CEO karl…