Pre-tax profit increased by 20% to €229m for Q1 16 versus Q1 15. Net interest income declined by 12.5% to €718m in Q1 16, while risk provisions were down by 60% to €106m. Commission income decreased by 4% to €347m for Q1 16. The trading result was a profit of €28m for Q1 16 compared to a loss of €62m for Q1 15. The net result from financial investments declined by 59% to €26m for Q1 16. Income from derivatives and liabilities was a loss of €27m in Q1 16
11 May 2016
Good Q1 figures and consolidation of RZB and RBI under evaluation
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Good Q1 figures and consolidation of RZB and RBI under evaluation
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
11 May 2016 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 20% to €229m for Q1 16 versus Q1 15. Net interest income declined by 12.5% to €718m in Q1 16, while risk provisions were down by 60% to €106m. Commission income decreased by 4% to €347m for Q1 16. The trading result was a profit of €28m for Q1 16 compared to a loss of €62m for Q1 15. The net result from financial investments declined by 59% to €26m for Q1 16. Income from derivatives and liabilities was a loss of €27m in Q1 16