Ad-hoc | 9 February 2015 21:02


Raiffeisen Bank International AG: Preliminary Results 2014

Raiffeisen Bank International AG  / Key word(s): Preliminary Results

09.02.2015 21:02

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Vienna, 9 February 2015. Today, Raiffeisen Bank International AG (RBI)
announced its preliminary results for the full year 2014. The information
contained in this release is based on unaudited figures. On the 25 March
2015, RBI will publish its full Annual Report for 2014 as well as further
details on the 2014 business year.
A conference call will be held tomorrow, 10 February 2015, at 11:30 CET.

Income Statement in EUR mn    1-12/2014  1-12/2013                        
Net interest income           3,789      3,729                            
Net provisioning for 
impairment losses             (1,716)    (1,149)                          
Net fee and commission 
income                        1,586      1,626                            
Net trading income            (30)       321                              
General administrative 
expenses                      (3,024)    (3,340)                          
Profit before tax             23         835                              
Profit/loss after tax         (463)      603                              
Consolidated profit/loss 
(after minorities)            (493)      557                              
                                                                          
Balance Sheet in EUR mn       31/12/2014 31/12/2013                        

Loans and advances to 
customers                     78,272     80,635                           
Deposits from customers       66,094     66,437                           
Total assets                  121,890    130,640                          
Risk-weighted assets (total)  68,721     79,897                           
                                                                         
Key ratios                    1-12/2014  1-12/2013                        
Net interest margin           3.24%      3.11%                            
NPL ratio                     11.2%      10.7%                            
NPL coverage ratio            67.9%      63.1%                            
Common equity tier 1 ratio 
(transitional)                10.9%      10.7%                            
Common equity tier 1 ratio 
(fully loaded)                10.0%      -                                
Total capital ratio 
(transitional)                16.0%      15.9%                            
Leverage ratio 
(transitional)                6.1%       -                                
 
The results will be affected by one-off effects such as goodwill
impairments totaling EUR 306 million, primarily for subsidiary banks in
Russia (EUR 148 million), Poland (EUR 99 million) and Albania (EUR 51
million), as well as deferred tax asset (DTA) write-downs amounting to EUR
196 million, primarily at Group head office (EUR 161 million) and in Asia
(EUR 35 million).

For the 2014 financial year no equity dividend will be paid. 

The outlook will be adapted accordingly following the strategic measures,
which were announced today, and will be published with the Annual Report
2014 on 25 March 2015.

For further information please contact:

Susanne E. Langer
Head of Group Investor Relations
Spokesperson
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com


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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:       Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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