RBI – Capital Increase May Be an Option

Businessn.a. ♦ Published: August 25, 2011; 10:17 ♦ (Vindobona)

The Austrian bank posted strong results for the first six months of the year. Consolidated profit increased by almost one third year-on-year.

RBI – Capital Increase May Be an Option / Picture: © Raiffeisen Bank International AG / S. Klimpt

Raiffeisen Bank International AG (RBI) on Thursday presented half-year results. The bank posted a consolidated profit (after tax and non-controlling interests) of € 615m for the first six months of 2011, which represents an increase of 30.3% in comparison to the result RBI posted during the first half of the preceding year (H1 2010: € 472m). RBI's profit before tax rose by 51.6% to…