Pre-tax profit increased by 21% to €1.02bn for H1 18 versus H1 17. Net interest income rose by 4% to €1.66bn in H1 18. Risk provisions showed an income of €83m for H1 18 compared to expenses of €100m for H1 17. Commission income was up by 3% to €869m for H1 18 compared to H1 17. The trading result decreased by 40% to €16m in the same period. Revenues rose by 5% to €2.66bn H1 18 compared to H1 17. Administrative expenses were down by 1% to €1.5bn for H1
09 Aug 2018
Good H1 figures pushed by risk provision releases
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Good H1 figures pushed by risk provision releases
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
09 Aug 2018 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 21% to €1.02bn for H1 18 versus H1 17. Net interest income rose by 4% to €1.66bn in H1 18. Risk provisions showed an income of €83m for H1 18 compared to expenses of €100m for H1 17. Commission income was up by 3% to €869m for H1 18 compared to H1 17. The trading result decreased by 40% to €16m in the same period. Revenues rose by 5% to €2.66bn H1 18 compared to H1 17. Administrative expenses were down by 1% to €1.5bn for H1