Major European banks paid more than €800m in taxes to Russia in 2023, four times more than before the start of the special operation in Ukraine.
About it writes the Financial Times.
The newspaper notes that the seven largest banks in Europe reported a combined profit of more than €3 billion in 2023. Among them are Raiffeisen Bank International, UniCredit, ING, Commerzbank, Deutsche Bank, Intesa Sanpaolo and OTP.
Austrian Raiffeisen Bank International accounts for more than half of the tax payments of European banks, it has the largest presence in Russia among foreign lenders, the publication emphasises.
Earlier, MEPs expressed dissatisfaction with the continuation of Austrian Raiffeisen Bank’s work in Russia, and a number of MPs sent a letter to Vienna demanding to put pressure on the banking group to refuse to work with Moscow.
