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Raiffeisenbank, which announced its withdrawal from the Russian Federation, is increasing its staff

Raiffeisenbank, which announced its withdrawal from the Russian Federation, is increasing its staff


Raiffeisenbank not only does not intend to leave Russia, as it announced an hour ago, but also plans to develop business in the country, since December 2023 it has posted almost 2,500 job vacancies for its Russian division.

Of them, almost 1,500 announced relate directly to the search for sales managers and customer service specialists, reports the Financial Times.

The publication turned to the head office of Raiffeisen Bank International for a comment. They said that at the request of the head of the Austrian financial conglomerate, Johann Strobl, an investigation had already been conducted. It showed that the announcements about the search for employees were allegedly written taking into account the pre-war concept of the bank’s development, which was mistakenly not changed. In fact, Raiffeisen Bank International continues to try to sell the Russian division, which is reducing the number of personnel. Financial Times journalists claim that this is not true.

  • In July of last year, the Reuters agency, citing its sources, reported that Raiffeisen Bank International was postponing its exit from the Russian market in the hope that the war between Russia and Ukraine would soon end, and that this decision was supported by the Austrian authorities, who do not want a complete break in relations with Moscow
  • According to the Financial Times, during the first hour of the full-scale war, the Russian division of Raiffeisenbank received a record profit of 3.6 billion euros.


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