RBI Posts Smaller Profit

Published: January 31, 2013; 19:33 · (Vindobona)

RBI: Full year pre-tax profit 2012 slightly above € 1 billion (consolidated profit over € 700m).

RBI Posts Smaller Profit / Picture: © Raiffeisen Bank International AG / S. Klimpt

Raiffeisen Bank International (RBI) reports a first indication of its full year 2012 results. As of today RBI expects full year pre-tax profit to be slightly above € 1 billion (2011: € 1.4 billion) and consolidated profit of over € 700m (2011: € 968m). Net provisioning for impairment losses was, as expected, slightly lower than in the previous year (2011: € 1,064m).…

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