Pre-tax profit increased by 135% to €519m for Q2 17 versus Q2 16. Net interest income rose by 7% to €792m in Q2 17, while risk provisions showed an income of €4m compared to expenses of €297m for Q2 16. Commission income was up by 16% to €433m for Q2 17 compared to Q2 16. The trading result increased by 23% to €69m in the same period. The net result from financial investments was a loss of €26m for Q2 17 compared to income of €145m for Q2 16. Income fro
10 Aug 2017
Q2 results strongly pushed by lack of risk provisions
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Q2 results strongly pushed by lack of risk provisions
Raiffeisen Bank International AG (RBI:WBO) | 0 0 (-1.3%) | Mkt Cap: 10,401m
- Published:
10 Aug 2017 -
Author:
Dieter Hein -
Pages:
2
Pre-tax profit increased by 135% to €519m for Q2 17 versus Q2 16. Net interest income rose by 7% to €792m in Q2 17, while risk provisions showed an income of €4m compared to expenses of €297m for Q2 16. Commission income was up by 16% to €433m for Q2 17 compared to Q2 16. The trading result increased by 23% to €69m in the same period. The net result from financial investments was a loss of €26m for Q2 17 compared to income of €145m for Q2 16. Income fro