RBI released some preliminary figures for FY2015. Pre-tax profit increased from a restated loss of €105m for FY2014 to a profit of €696m for FY2015. Net interest income declined by 12% to €3.33bn in 2015 compared to 2014. Risk provisions were down by 26% to €1.27bn for 2015. Commission income decreased by 4% to €1.52bn. The trading result was a profit of €16m for 2015 compared to a loss of €30m for 2014. Administrative expenses declined by 4% to €2.91bn
02 Feb 2016
Higher 2015 profit as expected due to cost switch, weakness of guidance from management
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Higher 2015 profit as expected due to cost switch, weakness of guidance from management
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
02 Feb 2016 -
Author:
Dieter Hein - Pages:
RBI released some preliminary figures for FY2015. Pre-tax profit increased from a restated loss of €105m for FY2014 to a profit of €696m for FY2015. Net interest income declined by 12% to €3.33bn in 2015 compared to 2014. Risk provisions were down by 26% to €1.27bn for 2015. Commission income decreased by 4% to €1.52bn. The trading result was a profit of €16m for 2015 compared to a loss of €30m for 2014. Administrative expenses declined by 4% to €2.91bn