Raiffeisen Bank International Doubled Net Income

Businessn.a. ♦ Published: May 24, 2012; 10:34 ♦ (Vindobona)

In the first quarter of 2012, RBI´s net interest income was stable at € 875m (down 1.0% y-o-y), the operating income decreased slightly to € 1,295m (down 3.4% y-o-y). RBI´s Core Tier 1 ratio was up to 10.2%.

Raiffeisen Bank International Doubled Net Income / Picture: © Raiffeisen Bank International AG / S. Klimpt

Raiffeisen Bank International AG (RBI) posted a consolidated profit of € 541m in the first quarter of 2012, which represents an increase of 100.4 per cent compared to the first quarter of the preceding year (Q1 2011: € 270m). "Despite the challenging environment, we were able to maintain the previous year’s success with our first quarter results. Even deducting the one-off effects…

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