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Raiffeisen Zentralbank Posts Better Results
The Viennese lender RZB, top institute of the Austrian Raiffeisen sector, posts a significant increase in net income. Nevertheless, the core tier 1 capital quota was down slightly.
RZB With Better Results / Picture: © Vindobona.org
The parent company of Vienna-listed Raiffeisen Bank International (RBI) records a 14% increase in net income. After a net income of € 370m in 2012, RZB´s net income totaled € 422m last year. RZB´s operating result was up by 26%. Nevertheless, the dividend remains unchanged.
At the end of 2013, RZB´s core tier 1 ratio stood at 9.9%. One year before, the ratio was one…
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