The cooperation between IIHF and Russia in Russia continues.
The Russian offensive war in Ukraine continues, but it does not prevent the International Hockey Association (IIHF) from cooperation with a large bank in Russia.
The vision familiar from previous years has also been repeated at the ongoing hockey World Championships in Stockholm, Sweden and Herning, Denmark. Raifeinen Bank International (RBI), a partner at the Games, promotes prominently in the World Cup.
Despite the strong public pressure of the West, the Austrian bank has not agreed to leave Russia. Last April, it was reported that RBI would have actually frozen his plan to leave Russia, but the bank rushed to deny the allegations.
Earlier RBI announced that it had launched its Russian activities
– The sales process has not been suspended, it continues, RBI commented To Reuters.
Suspicious customer relationships
The yellow-based logo of Raiffinen Bank International will decorate the World Cup in Globen, Stockholm. Jenni Gästgivar
RBI is still the most significant Western bank in Russia.
It manages about four million Russian bank accounts and has 10,000 employees in Russia.
A year ago the editor of the Financial Times Patrick Jenkins estimates Based on Citigroup’s analyzes, RBI will make a positive result of around EUR 1.2 billion in Russia and Belarusian banking in 2024.
An organization maintained by investigative suppliers Occrp Earlier this year reported that the day before Russia attacked Ukraine RBI transferred a total of $ 10 billion in foreign currency to Russia.
In February Bloomberg In his revelation, RBI received about $ 620,000 from Unichim, a chemical company. Unichim, for its part, offered Rawenstvo under the sanctions to strengthen the army.
In other words, RBI has a client as a company to help Vladimir Putin And the Russian army in warfare. According to Bloomberg sources, there are more than one similar clients.
In Russia, RBI’s earnings last year, after Q3, was already one billion euros, Bloomberg said. After the war, the bank has accumulated a $ 4.4 billion pot. The money is stuck in Russia because it cannot be transferred to Austria by legal means.
Vision
The yellow outskirts can also be found in the Herning World Cup. Aop
Iltalehti reported prominently at the Raiffeinen Bank in the spring of 2024 and 2023 at the ice hockey competition.
Two years ago, the bank’s logos were on display at the World Cup in Tampere.
Already in 2023 it was known that RBI had admitted During the Russian invasion war, relief from Russian soldiers’ credit terms. The Agency against Ukraine Corruption declared RBI to be “The International Sponsor of the Ukrainian War”.
RBI and IIHF cooperation has continued since 2007.