Ad-hoc | 8 February 2017 16:40
Raiffeisen Bank International AG / Key word(s): Preliminary Results
08-Feb-2017 / 16:40 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Vienna, 8 February 2017. Today, Raiffeisen Bank International AG (RBI)
announced its preliminary results for the 2016 financial year. The CET1
ratio (fully loaded) at 31 December 2016 stood at 13.5%, above market
expectations and significantly above RBI's capital target.
The CET1 ratio (fully loaded) was 12.3% at 30 September 2016. The increase
in Q4 2016 was primarily due to the closing of the sale of the Polish
leasing business (approximately 30 basis points), a reduction in other
risk-weighted assets (approximately 15 basis points), foreign exchange
movements (approximately 20 basis points positive effect on fully loaded
CET1 capital), Q4 2016 profit after tax of around EUR 99 million
(approximately 17 basis points) and recognition of Q3 2016 profit after tax
of EUR 213 million in the year-end capital ratios (approximately 35 basis
points). Q3 2016 profit was not yet recognized in the 30 September 2016
capital ratios due to regulatory requirements.
Income Statement in EUR mn 1-12/2016 1-12/2015
Net interest income 2,935 3,327
Net provisioning for impairment losses (754) (1,264)
Net fee and commission income 1,497 1,519
Net trading income 215 16
General administrative expenses (2,848) (2,914)
Other results (204) (40)
Profit before tax 886 711
Profit after tax 574 435
Consolidated profit 463 379
Balance Sheet in EUR bn 31/12/2016 31/12/2015
Loans and advances to customers ~70.5 69.9
Deposits from customers ~71.5 69.0
Total assets ~112 114.4
Risk-weighted assets (total) ~60 63.3
Key ratios 1-12/2016 1-12/2015
Net interest margin ~2.8% 3.00%
NPL ratio ~9.3% 11.9%
NPL coverage ratio ~75.6% 71.3%
Common equity tier 1 ratio (fully loaded) ~13.5% 11.5%
Common equity tier 1 ratio (transitional) ~13.8% 12.1%
Total capital ratio (fully loaded) ~18.8% 16.8%
Total capital ratio (transitional) ~19.1% 17.4%
The information contained in this release is based on unaudited figures. On
15 March 2017, RBI will publish its full Annual Report for 2016 as well as
pro forma figures for the Combined Bank and further details on the 2016
business year.
For further information please contact:
Susanne E. Langer
Raiffeisen Bank International AG
Head of Group Investor Relations
Am Stadtpark 9
Spokesperson
1030 Vienna, Austria
ir@rbinternational.com
www.rbinternational.com
phone +43-1-71 707-2089
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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: Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel
/ Official Market)
End of Announcement DGAP News Service