The Kubera Principle
The Book That Will Change the World
New York (RichTVX.com) — Raiffeisen Bank International (RBI), a subsidiary of Raiffeisen Bank International in Russia, experienced a successful year in 2022 despite the ongoing war in Ukraine. CEO Johann Strobl denied allegations that the bank is aiding the war and stated that the recent sanctions imposed by Ukraine would not cause any financial damage to the bank, as the leased goods such as trucks, trains, or cars are located in Russia. The future of the RBI in Russia remains uncertain. Raiffeisen Bank International (RBI) has faced significant pressure due to its operations in Russia. Despite public outcry, Raiffeisen Bank International continues to operate in Russia. It’s worth noting that the decisions of corporations, such as RBI, are often guided by a range of factors including financial considerations, regulatory requirements, and risk management practices. Public opinion may be a factor in these decisions, but it may not be the only or the most decisive one. Raiffeisen Bank International AG shares fell on Monday due to the Ukrainian government adding one of its divisions to a sanctions list. It’s natural for people to be curious about how long a bank, such as Raiffeisen Bank International, will be able to sustain operations under pressure from the public and government sanctions. Yale CELI List of Companies is a comprehensive constantly updated list of 1000 plus companies worldwide and their grades from A through F based on their level of disengagement or engagement (“digging in”) on indirectly or directly funding Russia’s War on Ukraine. The list is managed by the Yale Chief Executive Leadership Institute (CELI) whose leaders include CELI Research Director Steven Tian and the Senior Associate Dean at the Yale School of Management, Professor and CELI President Jeffrey Sonnenfeld. Raiffeisen Bank International is on the Yale CELI List of Companies still operating in Russia. At the same time, the New York Times reported that the Russian army has changed its tactics in the conflict in the Donbass region of Ukraine, relying on a large number of poorly trained soldiers and mercenaries to gain control. Meanwhile, Ukraine is prepared for a long battle and has shifted its tactics, willing to suffer losses to deplete enemy forces. Ukraine’s military budget and military supplies exceed $20 billion and 40 billion euros, respectively.
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