Alongside the boost to net interest income from higher interest rates, one thing helping Raiffeisen is that credit quality remains robust.

Source: https://seekingalpha.com/article/4659235-raiffeisen-strabag-deal-offers-opportunity-to-realize-profits?source=feed_all_articles

Societe Generale increased their target price on shares of Raiffeisen Bank International from €13.40 ($14.57) to €14.80 ($16.09) and gave the company a “hold” rating in a research report on Friday, November 4th.

Source: https://www.dailypolitical.com/2023/01/20/short-interest-in-raiffeisen-bank-international-ag-otcmktsraiff-declines-by-34-0.html

While the financials in Russia are generally out of the ordinary, one number stands out in my view: Raiffeisen Bank Russia has equity and capital of 4.5bn euro.

Source: https://seekingalpha.com/article/4575740-raiffeisen-bank-international-stock-strong-2022-results-reiterate-buy?source=feed_all_articles