FT: Raiffeisen Bank puts withdrawal from Russia on hold amid Moscow Washington rapprochement
A Raiffeisen Bank logo in Moscow, 21 August 2023. Photo: EPA-EFE/YURI KOCHETKOV Raiffeisen Bank International (RBI), the largest Western bank still operating in Russia, has suspended its planned withdrawal from the country amid the thaw in relations between Washington and Moscow, The Financial Times reported on Friday. According to one FT source, the decision, made in February, was down to global uncertainty and the changing relationship between the US and Russia.