Russia Risk Is Back to Haunt Raiffeisen After Years of Profits

  • Shares about halved since Russia began invasion preparations
  • CEO Strobl halted dividend Tuesday, no plans to quit Russia

A Raiffeisen International AG bank branch in Bucharest.

Photographer: Ioana Epure/Bloomberg
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Raiffeisen Bank International AG’s commanding presence in Eastern Europe has turned from a blessing into a curse.