Ukraine has refused to remove Raiffeisen Bank International from a "sponsors of war" blacklist, challenging the biggest Western bank in Russia to sever its ties to Moscow. In a letter sent to Raiffeisen earlier this month, which was seen by Reuters, Ukrainian officials questioned what the bank was doing to leave Russia, saying much of its plans were vague and incomplete. The correspondence ratchets up pressure on one of Austria's largest banks and adds to tensions between Kyiv and Austria, whose political leaders are also lobbying to have Raiffeisen taken off the list, having earlier secured a temporary suspension.
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