Raiffeisen promises Russia "very big money"
The recent purchase of the Ukrainian bank Aval for $1.028 billion by the Raiffeisen Zentralbank (RZB) group, apparently, may not be the last large-scale investment by the Austrians in the CIS. Yesterday, the head of RZB, Walter Rothensteiner, said that “we will invest a lot of money in Russia,” without, however, specifying the volume of the proposed investment.