RBI to sell Russian instead of Polish branch?

Raiffeisen Bank International is considering selling its Russian branch instead of Poland's Raiffeisen Polbank, Rzeczpospolita daily reported citing Kommiersant. According to the Russian daily, the reason for such a move is that RBI has been struggling to sell the Polish unit since the beginning of the year. In addition, Raiffeisen Polbank has been recording worse results and the risk for the sector in Poland (the introduction of the banking tax and conversion of CHF-denominated loans) is rising. Christof Danz, the spokesman at RBI, denied the reports and asserted that the group was not going to sell Raiffeisen Bank Russia. Raiffesien Polbank's assets amount to €14.7 billion and the Russian unit's assets total €12.2 billion.