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Russian court orders Austrian bank Raiffeisen to pay compensation
Russian court orders Austrian bank Raiffeisen to pay compensation
Business and Economy
by  AFP

The largest Western bank still operating in Russia was on Thursday ordered to pay nearly $400 million in compensation for losses incurred by Russian company Rasperia due to European sanctions. According to Washington and Brussels, Rasperia is linked to the Russian businessman Oleg Deripaska, who has been under Western sanctions since Russia's invasion of Ukraine in 2022.