Austria's Raiffeisen Bank International said on Tuesday it reduced its loan volume by 30% in Russia at the end of last year, as it sought to pare back its business in the country in response to unrelenting regulatory pressure.

Raiffeisen faces challenges with Russian operations, but core stability remains. Read why RAIFF stock could see a higher valuation if risks are resolved.

Austrian Raiffeisen Bank International AG (RBI) has come under scrutiny after Bloomberg revealed that it benefited from activities supporting the Russian war industry in Ukraine. The company reportedly gained approximately CAD 830,