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Raiffeisen Bank InternationalAustria

Active

This profile is actively maintained
Last update: 2023-02-17 00:00:00
Raiffeisen Bank International head offices in Vienna. Photo: Peter Haas via Wikimedia Commons (CC BY SA 3.0)

Active

This profile is actively maintained
Last update: 2023-02-17 00:00:00
About
Website http://www.rbinternational.com
Headquarters
Am Stadtpark 9
A-1030 Vienna
Austria
CEO/chair Johann Strobl
CEO
Supervisor
Oesterreichische Nationalbank
Ownership
listed on Vienna Stock Exchange

RBI is majority owned by its regional Raiffeisen banks. An overview of its shareholder structure can be viewed here.

Raiffeisen Bank International (RBI), headquartered in Vienna, is an Austrian banking group which, until 2017, operated as a subsidiary of the Raiffeisen Zentralbank Österreich (RZB Group). In March 2017, Raiffeisen Bank International merged with its parent company Raiffeisen Zentralbank (RZB). Raiffeisen Bank International operates a banking network in Central and Eastern Europe. Seventeen markets are covered with subsidiary banks, leasing companies and representative offices.

[This profile lists Dodgy Deals related to Raiffeisen Zentral Bank (RZB) up until 2017 and includes info on RZB].

Sustainability
Commitments
Policies
Voluntary standards

Raiffeisen Bank's most important sustainability commitments are listed on the website sections below.

Links

ESG and sustainability

2022-06-30 00:00:00

Exclusion Policy on Oil & Gas

Bank policy
2022-06-30 00:00:00 | Raiffeisen Bank International
2021-03-15 00:00:00

Focus on renewable energy, phase-out of thermal coal

Bank policy
2021-03-15 00:00:00 | Raiffeisen Bank International
2021-03-03 00:00:00

Lending policy

Bank policy
2021-03-03 00:00:00 | RBI
2021-01-31 00:00:00

Sustainability guiding principles

Bank policy
2021-01-31 00:00:00 | Raiffeisen Bank International
2020-04-28 00:00:00

CSR mission statement

Date listed represents date as accessed on website
Bank policy
2020-04-28 00:00:00 | Raiffeisen Bank International
2020-01-31 00:00:00

Code of conduct

Bank policy
2020-01-31 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on nuclear energy

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on gambling

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on defence sector

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
Raiffeisen Bank International has committed itself to the following voluntary standards:
Global Reporting InitiativeTags: sustainable development | human rights
Principles for Responsible Banking (PRB)Tags: climate change | corporate social responsibility | finance | sustainable development | United Nations | Voluntary Standards
Principles for Responsible Investment (PRI)Tags: corporate social responsibility | sustainable development | United Nations
Science Based TargetsTags: climate change | corporate social responsibility
UNEP Finance InitiativeTags: United Nations | sustainable development
United Nations Global CompactTags: United Nations | human rights
Dodgy Deals

Raiffeisen Bank International is linked to a number of companies and projects that BankTrack considers controversial (so called Dodgy Deals), e.g. as a current or past financier or through an expression of interest. The profiles below provide more details on the nature of Raiffeisen Bank International's link to these deals.

Projects / Companies
Finance type
Year
Campaigns

Banks and Climate

Partner organisation Reclaim Finance tracks the coal, oil and gas policies of financial institutions, including banks, in their Coal Policy Tool (CPT) and the Oil and Gas Policy Tracker (OGPT). BankTrack works closely with Reclaim Finance and endorses their policy assessments. Find further details on their assessment of Raiffeisen Bank's fossil fuel policy below.

Assessment of Raiffeisen Bank's coal policy in the Coal Policy Tool

Assessment of Raiffeisen Bank's policies in the Oil & Gas Policy Tracker


Banks and Putin's war in Ukraine

BankTrack is keeping track of the public response of Raiffeissen Bank to Russia's illegal invasion of Ukraine. Despite having publicly condemned the war, Raiffeissen Bank - as indicated by Leave-Russia.org - is the largest international bank still operating in Russia. We categorise its exposure to Russia as large, with over $25bn of financial assets. Raiffeissen Bank also supports the Russian fossil fuel industry through investments, loans, and underwriting. For further details, see the table linked below.

Bank responses to Russia's invasion of Ukraine

News
BankTrack
Partners
Blog
External
BankTrack news BankTrack blog Partner news Partner blog

Chinese lenders extend billions of dollars to Russian banks after western sanctions

2023-09-03 | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

CEO of Austria's Raiffeisen: cannot give timeframe for Russia exit

2023-08-29 | Vienna, Austria | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Czech Republic Investigating Raiffeisen Bank's Continued Russia Activities

2023-08-29 | Radio Free Europe Radio Liberty
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks raised "green" finance for NordGold and then left communities affected by its Guinean goldmine stranded

Six European and Japanese banks helped mining company Nordgold raise $200 million “ESG-linked” financing. But they failed to address the impacts of its Lefa gold mine in Guinea, where affected people are seeking urgent relocation.
2023-08-24 | Nijmegen, Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Exclusive: Intesa closer to Russia approval on exit as Moscow stance shifts -sources

2023-08-11 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

A year and a half after Russia's invasion of Ukraine, Raiffeisen, UniCredit, and Citi profited the most among foreign banks in Russia

2023-08-07 | B4Ukraine
BankTrack news BankTrack blog Partner news Partner blog

UPDATE 3-Austria's RBI posts higher profit in Russia in first half

2023-08-01 | Vienna, Austria | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Raiffeisen Bank boosts pay for Russian staff by €200mn

2023-08-01 | Zurich, Switzerland | Financial Times
BankTrack news BankTrack blog Partner news Partner blog

EU banks in Russia: next in line for asset-grab?

2023-07-26 | Brussels, Belgium | EU Observer
BankTrack news BankTrack blog Partner news Partner blog

Exclusive: Raiffeisen delays quitting Russia as Austria defends ties

2023-07-06 | Vienna, Austria | Reuters
BankTrack news BankTrack blog Partner news Partner blog

ECB's Enria wants euro zone banks out of Russia faster

2023-06-28 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

ECB urges banks in Russia to leave quickly

2023-06-14 | Frankfurt, Germany | Reuters
BankTrack news BankTrack blog Partner news Partner blog

NGOs urge Raiffeisen to exit Russia

2023-05-26 | Leasing Life
Blog
BankTrack news BankTrack blog Partner news Partner blog

Ukrainian and global civil society organisations call on Raiffeisen Bank International for a moral exit from Russia

2023-05-25 | Nijmegen, Netherlands | BankTrack
BankTrack news BankTrack blog Partner news Partner blog

Austria's Raiffeisen attempts last-ditch Russian spin-off - sources

2023-05-23 | Vienna, Austria | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Russia's Sberbank has tapped yuan liquidity via c.bank swaps -CEO

2023-04-21 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Exclusive: ECB pressures Austria's Raiffeisen bank to quit Russia

2023-03-24 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Ukraine declares Raiffeisen Bank international sponsor of war

2023-03-23 | The New Voice of Ukraine
BankTrack news BankTrack blog Partner news Partner blog

Raiffeisen shares slide after U.S. sanctions office asks about Russia

2023-02-20 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Analysis: Loans to Russian soldiers fuel calls for European banks to quit

2023-02-13 | Reuters
BankTrack news BankTrack blog Partner news Partner blog

Austria's Raiffeisen says Ukrainian sanctions target its leasing unit

2023-01-30 | Reuters
Blog
BankTrack news BankTrack blog Partner news Partner blog

European financial institutions heavily invested in companies involved in illegal Israeli settlements

725 European Financial Institutions found to provide billions of dollars in finance to companies operating in Israel's illegal settlement enterprise
2022-12-05 | Brussels | Don't Buy Into Occupation
Blog
BankTrack news BankTrack blog Partner news Partner blog

"Stop financing the war against Ukraine"

Rally in Vienna called on Raiffeisen Bank to pull out of Russia
2022-12-05 | Vienna | Business for Ukraine
Blog
BankTrack news BankTrack blog Partner news Partner blog

Banks in Russia now have to help with conscription: Those who stay could be complicit in war crimes

2022-10-11 | Lorena Bisignano – BankTrack, Ryan Brightwell – BankTrack
Blog
BankTrack news BankTrack blog Partner news Partner blog

NGOs reveal top international companies, banks, and investors that fuel Russia's war machine

2022-04-04 | Berlin | urgewald, Ecodefense
BankTrack news BankTrack blog Partner news Partner blog

At Vienna rally, activists call on Raiffeisen shareholders urged to pull out of Russia

2022-03-31 | Ukrinform
Blog
BankTrack news BankTrack blog Partner news Partner blog

What the war in Ukraine teaches us

Lessons for European governments, companies and financiers - a Profundo Expert View
2022-03-04 | Jan Willem van Gelder - Profundo
Blog
BankTrack news BankTrack blog Partner news Partner blog

New report exposes billions in European financial support to companies in illegal Israeli settlements

2021-09-29 | Don't Buy Into Occupation
BankTrack news BankTrack blog Partner news Partner blog

Banks in spotlight over Belarus regime finance in London

Did international banks break their own ethics policies by helping Belarus's repressive regime issue $1.25bn of state bonds?
2021-06-10 | Open Democracy
Blog
BankTrack news BankTrack blog Partner news Partner blog

"Money does not stink”: Belarus and the ethical values of Raiffeisen Bank International

2021-06-07 | Hamid B.
BankTrack news BankTrack blog Partner news Partner blog

The key criminal probes involving Swiss banks

2019-11-27 | Swissinfo.ch
BankTrack news BankTrack blog Partner news Partner blog

These Are the Banks Caught Up in the Russia Money-Laundering Scandal

2019-03-06 | Bloomberg
Resources
Documents
Links
2023-05-25 00:00:00

Letter from Ukrainian and global civil society organisations to Raiffeisen Bank International on a moral exit from Russia

Correspondence
2023-05-25 00:00:00 | Ukrainian and global civil society organisations
2023-05-04 00:00:00

Letter from BankTrack to Raiffeisen Bank International on financial ties to Nordgold's Lefa gold mine in Guinea

Correspondence
2023-05-04 00:00:00 | BankTrack
2023-01-25 00:00:00

Letter from Raiffeisen Bank International to Business & Human Rights Resource on War in Ukraine and bank's operation in Russia

Response by Raiffeisen Bank International to Business & Human Rights Resource Centre regarding bank's operations in Russia
Correspondence
2023-01-25 00:00:00 | Raiffeisen Bank International
2022-11-14 00:00:00

Letter from B4Ukraine to Raiffeisen Bank International on Raiffeisen Bank Business Operations in Russia

Correspondence
2022-11-14 00:00:00 | B4Ukraine
2022-06-30 00:00:00

Exclusion Policy on Oil & Gas

Bank policy
2022-06-30 00:00:00 | Raiffeisen Bank International
2022-06-07 00:00:00

Annual report 2021

Annual report
2022-06-07 00:00:00 | RBI
2022-06-07 00:00:00

CSR report 2021

Annual report
2022-06-07 00:00:00 | RBI
2021-09-28 00:00:00

Letter from BankTrack to Raiffeisen Bank International on Belarus

Failure by Raiffeisen Bank International to respect Co-operative Values and ethical standards in its business with Belarus.
Correspondence
2021-09-28 00:00:00 | BankTrack
2021-04-08 00:00:00

Annual report 2020

Annual report
2021-04-08 00:00:00 | Raiffeisen Bank International
2021-04-08 00:00:00

CSR Report 2020

Annual report
2021-04-08 00:00:00 | Raiffeisen Bank International
2021-03-15 00:00:00

Focus on renewable energy, phase-out of thermal coal

Bank policy
2021-03-15 00:00:00 | Raiffeisen Bank International
2021-03-03 00:00:00

Lending policy

Bank policy
2021-03-03 00:00:00 | RBI
2021-01-31 00:00:00

Sustainability guiding principles

Bank policy
2021-01-31 00:00:00 | Raiffeisen Bank International
2020-04-28 00:00:00

Annual report 2019

Annual report
2020-04-28 00:00:00 | Raiffeisen Bank International
2020-04-28 00:00:00

CSR report 2019

Annual report
2020-04-28 00:00:00 | Raiffeisen Bank International
2020-04-28 00:00:00

CSR mission statement

Date listed represents date as accessed on website
Bank policy
2020-04-28 00:00:00 | Raiffeisen Bank International
2020-01-31 00:00:00

Code of conduct

Bank policy
2020-01-31 00:00:00 | Raiffeisen Bank International
2019-05-20 00:00:00

Troika Laundromat

Overview of financial institutions involved in the Troika Laundromat scheme
Other document
2019-05-20 00:00:00 | Organised Crime and Corruption Project (OCCRP)
2019-05-03 00:00:00

Annual report 2018

Annual report
2019-05-03 00:00:00 | Raiffeisen Bank International
2019-05-03 00:00:00

CSR report 2018

Annual report
2019-05-03 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on nuclear energy

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on gambling

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
2018-06-15 00:00:00

Position statement on defence sector

Bank policy
2018-06-15 00:00:00 | Raiffeisen Bank International
2018-04-01 00:00:00

Sustainability report 2017

Annual report
2018-04-01 00:00:00 | Raiffeisen Bank International
2018-03-31 00:00:00

Annual report 2017

Annual report
2018-03-31 00:00:00 | Raiffeisen Bank International
2016-07-05 00:00:00

Letter from BankTrack et al. to Raiffeisen on EPH financing

Correspondence
2016-07-05 00:00:00 | BankTrack et al.
2015-06-17 00:00:00

Annual Report 2014

Annual report
2015-06-17 00:00:00 | RZB
2015-04-07 00:00:00

Annual Report 2013

Annual report
2015-04-07 00:00:00 | RZB
2013-08-21 00:00:00

Sustainability Report 2011 / 2012

Annual report
2013-08-21 00:00:00 | Raiffeisen Zentralbank
2013-03-01 00:00:00

Annual Report 2012

Annual report
2013-03-01 00:00:00 | Raiffeisen Zentralbank

Sustainability web page Raiffeisen Bank International

Accountability
Grievances

RBI does not operate a complaints mechanism for individuals or communities who might have been affected by its finance.

This page evaluates Raiffeisen Bank International's responses to instances of alleged human rights violations linked to its finance, raised by civil society organisations. It is not intended to be exhaustive, but covers selected impacts raised by BankTrack and other civil society partners since 2016. For the full scoring methodology, see here. For more information about BankTrack's evaluation of bank responses to human rights impacts, see the 2021 report "Actions speak louder: assessing bank responses to human rights violations".

Impacts reviewed
Responded?
Total score
Response
Action
Monitoring

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