Austrian lender Raiffeisen Bank International has reported a net profit of EUR379m for 2015, compared to a loss of EUR617m in the prior year.

The bank’s pre-tax profit for the period stood at EUR711m, compared to a pre-tax loss of EUR105m a year ago.

Net interest income was EUR3.32bn, a decrease of 12.2% from EUR3.79bn a year earlier.

Net fee and commission income was down by 4.2% year-on-year to EUR1.52bn from EUR1.58bn.

The bank’s CET 1 ratio (fully loaded) increased to 11.5% in 2015 from 10% in 2014, while its non-performing loan (NPL) ratio soared to 11.9% from 11.4% in the prior year.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.