UAE Investor Buys Raiffeisen Bank Belarus Subsidiary In Significantly Discounted Acquisition
Economy, Finance, Foreign InvestmentIn signs that more wealth and capital is moving away from Europe to Asia as a result of Western sanctions, Soven 1 Holding Limited, an investor from the UAE, has signed an agreement to purchase the Austrian Raiffeisen Bank International’s 87.74% stake in the Belarus-based subsidiary Priorbank, and its subsidiaries. Raiffeisen’s core business has been […]