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Austria's RBI sells Belarus bank at a loss
Austria's RBI sells Belarus bank at a loss to UAE investor
Raiffeisen Bank International said on Friday it is selling its Belarus business at a loss to an investor from the United Arab Emirates, as the Austrian lender faces mounting pressure to also pare back its Russian arm.
Raiffeisen Takes €800 Million Hit in Deal to Sell Belarus Unit
Raiffeisen Bank International AG agreed to sell its Belarusian unit in a deal that will dent its profit by about €800 million ($893 million) at closing.
Raiffeisen sells subsidiary bank in Belarus at loss of €300 million
Raiffeisen Bank International AG (RBI) has signed an agreement to sell its 87.74% stake in Belarus' Priorbank to Soven 1 Holding Limited, concluding negotiations that were announced in February. The deal is subject to regulatory approval and is expected to close by the end of the year,
Austria's RBI bank exits Belarusian market with sale of Priorbank JSC
Austria's Raiffeisen Bank International will exit Belarus with the sale of Priorbank JSC, it said on Friday, announcing an agreement with Soven 1 Holding, which will buy the bank's 88% stake in the business.
4h
Russia warns West and Ukraine of 'disastrous consequences' if Kyiv moves against Belarus
Russia warned the West and Ukraine on Friday of "disastrous consequences" if Kyiv moved against close Russian ally Belarus, ...
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4h
CEC Chairman: Belarus is in active phase of preparation for 2025 presidential elections
Belarus is in an active phase of preparation for the 2025 presidential elections – as stated by the Chairman of the Central Election ...
Jurist
17h
Belarus detains teachers as part of crackdown on dissent
Teachers from across Belarus have been arrested or summoned for interrogation by the country's State Security Committee ...
3d
Authoritarian Belarus president pardons 37 political prisoners out of more than 1,300
Belarusian President Alexander Lukashenko has pardoned 37 people serving prison sentences for what his office described as ...
sb.by
2h
Russian FM: aggressive scenarios against Belarus fraught with consequences for Ukraine
The implementation of any aggressive scenarios against Belarus is fraught with harmful consequences for Ukraine and its sponsors – as ...
4d
Belarus's Lukashenko pardons 37 people jailed for 'extremism'
Belarusian leader Alexander Lukashenko on Monday signed a decree pardoning 37 people convicted of crimes related to ...
6d
on MSN
In Belarus, the native language is vanishing as Russian takes prominence
When school started this year for Mikalay in Belarus, the 15-year-old discovered that his teachers and administrators no ...
eng.belta
1d
Belarus’ Defense Ministry: Reinforcing southern border continues on schedule
The Armed Forces work in close cooperation with the local authorities, border guards and the Ministry of Internal Affairs.
6d
on MSN
Belarus endures Russification as native language fades away in schools
Belarus, which has created a political and military alliance with Moscow, is being further Russified as schools ditch the ...
3d
A Belarus government critic appeals to the Serbian president against his extradition
A prominent Belarus filmmaker and a critic of Minsk’s authoritarian government has handed a letter to the Serbian presidency ...
sb.by
26m
Belarus’ Deputy PM: out of 37 barriers to CIS mutual trade, 28 were removed
Removing trade barriers within the CIS became one of the main topics for discussion during the CIS Economic Council in Moscow today – as ...
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