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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.
1h
Belarus as a place of the beginning of the Third World War?
In this regard, the authorities of the republic are trying to do everything in their power to prevent the development of a ...
22h
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, ...
eng.belta
3h
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.
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 ...
15h
Lithuanian Lawyer Jailed For Spying For Belarus
A Lithuanian court sentenced lawyer Mantas Danielius to nine years in prison on Friday for spying for Belarus by infiltrating and supplying information on Lithuania-based Belarusian opposition groups.
eng.belta
3h
Lukashenko: Belarus is committed to expanding constructive dialogue with Armenia
Belarusian President Aleksandr Lukashenko has sent greetings to Armenian President Vahagn Khachaturyan as the country celebrates Independence Day.
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 ...
New Eastern Europe
22h
The impact of western sanctions on Belarus
The targeted sanctions imposed on Belarus in 2022 did not take long to deliver a powerful blow to the nation's economy. 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
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 ...
3h
World No.1 chess player Magnus Carlsen urges FIDE not to reinstate Russia and Belarus chess federations
Magnus Carlsen was speaking at a FIDE gala in Budapest on Thursday evening, in which he paid tribute to Russian grandmaster ...
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