RBI: Profits Declining Significantly

Professional ServicesBanks ♦ Published: February 20, 2013; 11:53 ♦ (Vindobona)

Raiffeisen Bank International posts consolidated profit of € 725 million in 2012.Significantly strengthened core tier 1 ratio of 10.7 per cent

RBI: Profits Declining Significantly / Picture: © Raiffeisen Bank International AG / S. Klimpt

The preliminary, unaudited results of Raiffeisen Bank International AG (RBI) for the fiscal year 2012 once again bear witness to the sustainability of the diversified business model especially in difficult times. With net interest income lower by around 5 per cent and stable net fee and commission income, RBI generated a pre-tax profit for the year of € 1,032 million, which was around…