As head of one of the largest western banks in Russia, Sergei Monin could be forgiven for feeling uneasy about the outlook for 2015. Instead, at least at the time of Euromoney’s meeting with him in November, the CEO of Raiffeisenbank is almost astonishingly confident. “Even in a worst case scenario where all ties between Russia and the west are frozen, I think we would still be able to do good business,” he says.
It would be a mistake to dismiss this as mere bravado.
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