Raiffeisen Bank International AG

Raiffeisen Bank International, based in Vienna, is a major banking group in central and eastern Europe, serving retail and corporate customers across the region. Its profits have been complicated by a large business in Russia that it has been trying to reduce or exit, adding a layer of uncertainty to an otherwise strong regional franchise. RBI can generate substantial profits and pay a healthy dividend, but the Russia overhang and related regulatory constraints have at times limited or delayed payouts. A potentially generous but uncertain yield defines its profile, closely tied to resolving its Russia exposure.