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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
Austria's Raiffeisen Bank International will exit the Belarusian market with the sale of Priorbank JSC, it said on Friday, announcing an agreement with Soven 1 Holding Limited, which will buy the bank's 88% stake in the business.
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.
21h
on MSN
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, ...
Jurist
1d
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 ...
4d
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 ...
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.
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 ...
7d
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
3d
Real household income in Belarus up 9.9% in January-July 2024
Salaries accounted for 65.4% of the total money income, transfers to the population (pensions, welfare benefits, scholarships ...
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 ...
4d
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 ...
7d
Belarus Weekly: Poland uncovers a cyber-sabotage group linked to Russian, Belarusian security services
Minsk officially confirmed the downing of a drone in its airspace, as reported by Belarusian Hajun monitoring group. Poland ...
eng.belta
2h
Armored infantry described as pride of Belarus’ Armed Forces, factor of strategic deterrence
The head of state noted that armored formations are now the pride of the country's Armed Forces and the most important factor of strategic deterrence.
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