Raiffeisen Bank International Posts Consolidated Profit of € 1.1bn in 2010

Professional Services › Banks ♦ Published: April 9, 2011; 08:28 ♦ (Vindobona)

Consolidated profit rises 141.5 per cent year-on-year to € 1,087 m (pro forma 2009: € 450 m)

Raiffeisen Bank International Posts Consolidated Profit of € 1.1bn in 2010 / Picture: © Raiffeisen Bank International AG / S. Klimpt

"The year 2010 was a decisive one, both for our company and for its home market Central and Eastern Europe. Despite the considerable additional costs brought about by the merger, Raiffeisen Bank International managed to post a very satisfying full-year profit of more than one billion euros for its first financial year. Moreover, with our merger, we have ensured that we are…

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