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2022-11-03T14:28:47.853Z
Raiffeisenbank earned €790 million in net profit in Russia in the third quarter of 2022. This is evidenced by the bank's financial statements under IFRS. The total profit of Raiffeisenbank before tax for the three quarters of this year reached €1.8 billion. In August, Johann Strobl, chief executive of Austrian Raiffeisen Bank, said his bank's profits are rising given the strengthening ruble, but for those who have decided to liquidate their business in Russia, the strong Russian cur
This is evidenced by the bank's financial statements under IFRS.
The total profit of Raiffeisenbank before tax for the three quarters of this year reached €1.8 billion.
In August, Johann Strobl, chief executive of Austrian Raiffeisen Bank, said his bank's profits are rising given the strengthening ruble, but for those who have decided to liquidate their business in Russia, the strong Russian currency has become a "headache".
Source: russiart
