RBI Posts Profit of € 1.4bn in 2011

Professional ServicesBanks ♦ Published: February 23, 2012; 15:16 ♦ (Vindobona)

Profit before tax rises by 6.7 per cent compared with 2010 to € 1,373m. Core Tier 1 Ratio amounts to 9.3 per cent (before dividend).

RBI Posts Profit of € 1.4bn in 2011 / Picture: © Raiffeisen Bank International AG / S. Klimpt

The preliminary results for the financial year 2011, which are based on unaudited figures, present a positive picture for Raiffeisen Bank International AG (RBI) in a demanding environment. With net interest income that was nearly 2.5 per cent higher and stable net fee and commission income, RBI generated a profit before tax of € 1,373m in 2011, around 7 per cent higher than in…