The U.S. Treasury Department sent Raiffeisen Bank International's banking group a warning on May 6 that the company could be restricted from accessing the U.S. financial system if it continues to operate in Russia.
According to Reuters, the deputy head of the US Treasury Department Wally Adeyemo expressed concern about the possible expansion of RBI's activities in Russia. The U.S. authorities believe that such activities, as well as the deal to buy a stake in the construction concern Strabag, which never materialized, contradict the promises made to the U.S. Treasury.
The representative of the bank stated that the company refused from the deal and did not try to conclude it, as well as that RBI has reduced its activities in Russia, which it will do in the near future.
Recall that Raiffeisenbank has been operating in Russia since 1996 and ranks 10th in terms of assets among Russian credit organizations.
Earlier, Alfa Bank reported a profit for the first quarter of 2024, which amounted to 40 billion rubles, which is 5% more than in the same period last year.