Two major buyers are currently in advanced negotiations to acquire Raiffeisenbank, the Russian subsidiary of Austria’s Raiffeisen Bank International (RBI), Kommersant daily reports citing unnamed sources close to the matter. Under pressure from the US and the European Central Bank, RBI has been cutting its loan book and has alsocut its share in Russia’s payment market by half. However, both the ECB and the US have continued to increase pressure on the bank to abandon Russia. Sources told Kommersant that RBI is prioritising a sale to a non-sanctioned entity to minimise the risk of Raiffeisenban…