RZB was for the first time fully consolidated with the RBI figures in Q1 17. We refer therefore to the Q1 16 pro forma figures for the comparison. Pre-tax profit increased by 42.5% to €330m for Q1 17 versus Q1 16. Net interest income rose by 5% to €796m in Q1 17, while risk provisions were down by 24% to €80m. Commission income was up by 10% to €409m for Q1 17 compared to Q1 16. The trading result increased by 73% to €64m in the same period. The net result from financ
17 May 2017
Good Q1 figures pushed by lower risk provisions and tax ratio
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Good Q1 figures pushed by lower risk provisions and tax ratio
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
17 May 2017 -
Author:
Dieter Hein -
Pages:
2
RZB was for the first time fully consolidated with the RBI figures in Q1 17. We refer therefore to the Q1 16 pro forma figures for the comparison. Pre-tax profit increased by 42.5% to €330m for Q1 17 versus Q1 16. Net interest income rose by 5% to €796m in Q1 17, while risk provisions were down by 24% to €80m. Commission income was up by 10% to €409m for Q1 17 compared to Q1 16. The trading result increased by 73% to €64m in the same period. The net result from financ