The Raiffeisenbank, the Russian subsidiary of the Raiffeisen Bank International (RBI), is preparing to service citizens on the passports of the Donetsk and Lugansk People’s Republics (DPR and LPR), said the Raiffeisenbank CEO, Sergey Monin.

The Raiffeisenbank sent a request to the Central Bank to clarify the procedure for starting work with the citizens of the DPR and the LPR.

‘We have made several requests for clarification to our regulator. We are preparing to work,’ said Monin.

Simultaneously, the Russian Raiffeisenbank sent a request to the Raiffeisen Bank International to coordinate the procedure.

‘We will agree the issue, obviously. If this is a question that requires a group agreement, we will agree it,’ he added.

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