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RBI Posts Pre-Tax Profit of € 1.4bn
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As only Austrian bank, Raiffeisen Bank International pays divididends. The tier 1 ratio raises by 0.2 percentage points.
RBI Posts Pre-Tax Profit of € 1.4bn / Picture: © Raiffeisen Bank International AG / S. Klimpt
Raiffeisen Bank International AG (RBI) posted a profit before tax of € 1,373m for the financial year 2011, which represents a year-on-year increase of around 7 per cent. Despite a challenging economic environment, RBI thus managed to achieve its highest annual pre-tax profit since the start of the financial crisis in 2008. The bank's return on equity before tax remained unchanged at…
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