Raiffeisen International posts solid nine-month results, including profit after tax of 216 million euro

  • Operating result of € 1,603 million for first three quarters of 2009 remains at same level as comparable period (1-9/2008: € 1,610 million)
  • Provisioning for impairment losses in the first three quarters of 2009 rises 273 per cent year-on-year to € 1,365 million; provisioning in third quarter of 2009 lower quarter-on-quarter, namely € 397 million (down 24.2 per cent against Q2 2009)
  • Profit after tax for the first three quarters at € 216 million (minus 77.7 per cent against 1-9/2008)
  • Consolidated nine-month profit of € 156 million down 81.9 percent year-on-year; consolidated profit in third quarter reaches € 78 million, best quarterly performance in 2009 so far
  • Cost/income ratio improves by 3.5 percentage points to 51.1 per cent
  • Return on equity before tax lower at 6.1 per cent (down 19.3 percentage points against comparable period in 2008)
  • Core capital ratio (Tier 1), credit risk improves by 3.3 percentage points against year-end 2008 to 13.0 per cent
  • Balance sheet total of € 77.5 billion stable against preceding quarter (Q2 2009: € 77.9 billion), down 9.2 per cent against year-end 2008

All figures are based on International Financial Reporting Standards (IFRS).



Press Release, Viena, 12 November 2009
 
Romana
  • Newsletter
  • Exchange Rate
"The best bank in
Central and Eastern Europe"


Euromoney, 2008
"The best bank in
Central and Eastern Europe"


Global Finance, 2009