RBI Russian unit swings to €37M Q3 loss on €300M penalty reserves

Raiffeisen Bank International's Russian subsidiary posted a €37 million loss in Q3 2026, reversing a €319 million profit a year earlier, after booking €300 million in reserves tied to a Russian court ban on foreign proceedings. The reserve reflects escalating legal and regulatory pressure on foreign banks in Russia, though the ultimate penalty amount remains uncertain. This marks a material deterioration in RBI's Russian exposure and signals heightened compliance and financial risk for Western lenders still operating in the country.

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