Austria’s RBI Q1 net profit up better-than-expected 49%
FRANKFURT (Reuters) – Austria’s Raiffeisen Bank International, one of the banks in Europe most exposed to Russia, posted a bigger-than-expected 49% rise in profit in …
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Austria’s Raiffeisen says Ukrainian sanctions target its leasing unit
VIENNA (Reuters) – A Russian leasing unit of Austrian lender Raiffeisen Bank International is among the companies targeted by sanctions that Ukraine announced overnight, RBI …
Austria’s WIFO slashes 2023 GDP forecast, warns of stagflation
BERLIN (Reuters) – Austria’s WIFO institute slashed its 2023 forecast on Friday, saying record inflation rates resulting from the war in Ukraine are steering the …
Austria’s RBI sees big profit gains in Russia and Belarus
By Alexandra Schwarz-Goerlich and Tom Sims VIENNA – The Russian and Belarusian operations of Raiffeisen Bank International (RBI) posted the sharpest gains in profit among …
Austria’s gas dependence on Russia down to below 50%, government says
VIENNA – Austria has made progress in weaning itself off Russian naturaland boosting gas storage, the government said on Monday. “We have now already stored …
Austria’s WIFO revises up 2022 forecast but warns economy losing steam
BERLIN – Austria’s economic recovery is losing steam, the WIFO institute said on Thursday, even as its outlook for 2022 improved. Austrian gross domestic product …
Austria’s WIFO raising 2022 inflation forecast due to energy costs
GENEVA – Austria’s WIFO economic institute plans to raise its inflation forecast for this year to 6.5% from 5.8% seen in March due to higher …
Austria’s RBI gets indications of interest for Russia business
By Alexandra Schwarz-Goerlich and Tom Sims VIENNA – Austria’s Raiffeisen Bank International, one of the European banks most exposed to Russia, has received unsolicited indications …
Austria’s RBI says Russian, Ukraine banks well-capitalised
VIENNA – Austria’s Raiffeisen Bank International said its banks in Russia and Ukraine are well-capitalised and self-financing, and that provisions were already made last year …