In February 2022, when Russia attacked Ukraine, most Western banks quickly ceased their local operations in Russia. However, Raiffeisen seized the opportunity by shifting its focus from traditional lending and in-country payments business to primarily serving cross-border payments. As a result, Raiffeisen became the only bank capable of facilitating financial transactions between Russia and the West. This monopoly allowed Raiffeisen to charge exorbitant fees, leading to a significant increase in profitability and taxes paid to Putin's regime. The top management at Raiffeisen also saw their bonuses increase proportionally as a result of these actions. The fact that Raiffeisen capitalized on the conflict between Russia and Ukraine and profited from the war raises serious ethical concerns. We demand that Johan Strobl resignes from RBI CEO and Sergey Monin is included into to EU sanctions list much like other Russian CEOs who contribute to financing the war. For example, Trgran Hudaverdyan, CEO of Yandex, was sanctioned as "one of the leading business persons involved in economic sectors providing a substantial source of revenue to the Government of the Russian Federation". Yet Yandex's profit (and taxes) in Q3 are a fraction of Raiffeisen's.