DGAP-Adhoc: Raiffeisen Bank International AG: Third Quarter Report 2013

DGAP-Adhoc: Raiffeisen Bank International AG: Third Quarter Report 2013

Raiffeisen Bank International AG  / Key word(s): Quarter Results/9-month figures

27.11.2013 07:32

Dissemination of an Ad hoc announcement, transmitted by DGAP - a company of
EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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- Net interest income of EUR 2,776 mn (up 7.0% y-o-y)
- General administrative expenses increased to EUR 2,430 mn (up 4.0% y-o-y)
primarily due toPolbank integration and salary adjustments in Russia
- Net provisioning for impairment losses increased to EUR 800 mn (up 28.3%
y-o-y)
- Net income from financial investments fell to EUR 73 mn (minus EUR 226
mn, primarily due to sale of security portfolio in prior year)
- Net income from derivatives and liabilities of minus EUR 243 mn (down EUR
135 mn, mainly affected by valuation effects from credit spreads on own
liabilities and gain from hybrid tier 1 buyback in H1 2012)
- Profit before tax declined to EUR 696 mn (down 37.6% y-o-y)
- Tax rate of 34% (up 14PP y-o-y) due to valuations and other items which
are not fully tax deductible
- Consolidated profit decreased to EUR 411 mn (down 51.2% y-o-y)
- Core tier 1 ratio of 10.1% (total risk); including 9M retained earnings
10.2%
- Leverage ratio of 5.4% comfortably surpasses the 3% envisaged regulatory
ratio


Income Statement in EUR mn        1-9/2013   1-9/2012   7-9/2013   7-9/2012
Net interest income               2,776      2,596      940        834     
Net provisioning for impairment 
losses                            (800)      (623)      (330)      (224)   

Net interest income after 
provisioning                      1,977      1,973      610        611     

Net fee and commission income     1,203      1,120      417        400     

Net trading income                240        220        100        54      

General administrative expenses   (2,430)    (2,336)    (813)      (818)   

Net income from derivatives and 
liabilities                       (243)      (108)      (56)       (88)    

Net income from financial 
investments                       73         299        9          46      

Profit before tax                 696        1,115      229        188     

Profit after tax                  461        889        149        155     

Consolidated profit               411        842        134        142     


Balance Sheet in EUR mn           30/9/13    31/12/12                      

Equity                            10,354     10,873                        

Total assets                      131,034    136,116                       

NPL ratio                         10.3%      9.8%                          

NPL coverage ratio                66.1%      67.0%                         


Bank Specific Information         30/9/13    31/12/12                      

Core tier 1 ratio (total risk)    10.1%      10.7%                         

Tier 1 ratio (credit risk)        12.9%      13.6%                         

Tier 1 ratio (total risk)         10.6%      11.2%                         


Performance                       1-9/2013   1-9/2012                      

Net interest margin               3.08%      2.60%                         

Return on equity before tax       8.6%       14.1%                         

Consolidated return on equity     5.4%       11.7%                         

Cost/income ratio                 56.9%      58.4%                         

Earnings per share in EUR         1.34       3.55                          


Resources                         30/9/13    31/12/12                      

Employees                         58,772     60,084                        

Business outlets                  3,051      3,106                         



For further information please contact:

Susanne Langer
Head of Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
phone +43-1-71 707-2089
www.rbinternational.com


27.11.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Raiffeisen Bank International AG
              Am Stadtpark 9
              A-1030 Vienna
              Austria
Phone:        +43-1-71707-2089
Fax:          +43-1-71707-2138
E-mail:       ir@rbinternational.com
Internet:     www.rbinternational.com
ISIN:         AT0000606306
WKN:          A0D9SU
Listed:       Freiverkehr in Berlin, München, Stuttgart; Frankfurt in Open
              Market ; Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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