Raiffeisen Bank International AG
Raiffeisen Bank International AG: First Quarter Report 2018
DGAP-News: Raiffeisen Bank International AG / Key word(s): Quarter Results RBI: First Quarter Report 2018 – Consolidated profit of EUR 399 mn (up 81% year-on-year) driven by strong positive contribution from risk costs – Exceptionally high net releases of loan loss provisions led to positive impairment losses on financial assets (risk costs). Despite the positive result, risk costs for 2018 are expected to be around the level of the previous year – NPL ratio decreased further to 5.4% – NIM stable at 2.49%, with improvements in Czech Republic and Romania – IFRS 9 impact on equity of EUR 130 mn; minus 10 bps on CET1 ratio (fully loaded) – CET1 ratio at 12.8% (fully loaded, incl. YTD results and IFRS 9 impact) – Disposal of core banking assets in Poland, with expected positive impact of 90 bps on Group CET1 ratio (fully loaded) on closing
The targets in this outlook include the impact from IFRS 9 and FINREP; the sale of the core banking operations in Poland is not reflected. For further information please contact: Susanne E. Langer
15.05.2018 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Raiffeisen Bank International AG |
Am Stadtpark 9 | |
A-1030 Vienna | |
Austria | |
Phone: | +43-1-71707-2089 |
Fax: | +43-1-71707-2138 |
E-mail: | ir@rbinternational.com |
Internet: | www.rbinternational.com |
ISIN: | AT0000606306 |
WKN: | A0D9SU |
Listed: | Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market) |
End of News | DGAP News Service |