INSUBCONTINENT EXCLUSIVE:
multiple sources familiar with the matter.The news outlet said Austrian officials are resisting pressure from the European Central Bank
(ECB) for Raiffeisen to spin off its Russian subsidiary by September.Vienna privately thinks restoring long-standing relations with Russia
spinoff by waiting for the ECB, its shareholders, and the Russian government to approve the move.Austrian officials have also complained
that Raiffeisen is being unfairly singled out, Reuters reported, citing a finance ministry spokesperson who said other European banks remain
sanctions breaches, three sources were cited as saying.Moscow has reportedly signaled it wants Raiffeisen to stay because it is among the
few remaining Western lenders that enable international payments.Raiffeisen, with up to 4 billion euros ($4.5 billion) of capital in Russia,
imposed a 50% commission fee on incoming United States dollar transfers andsuspended euro transfers to non-Raiffeisen banks in Russia and