DGAP-Adhoc: Raiffeisen Bank International AG: Semi-Annual Financial Report 2014

DGAP-Adhoc: Raiffeisen Bank International AG: Semi-Annual Financial Report 2014

Raiffeisen Bank International AG  / Key word(s): Half Year Results

21.08.2014 07:36

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

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- Net interest income of EUR 1,954 mn (up 6.4% y-o-y)
- Net trading income of EUR 9 mn (down 93.6% y-o-y), impacted by
currency-driven valuation losses in Ukraine
- General administrative expenses decreased to EUR 1,519 mn (down 6.1%
y-o-y), primarily driven by FX effects
- Net provisioning for impairment losses increased to EUR 568 mn (up 21.1%
y-o-y)
- Profit before tax increased to EUR 518 mn (up 10.9% y-o-y)
- Consolidated profit increased to EUR 344 mn (up 24.4% y-o-y)
- NPL ratio at 10.7% (stable compared to FY 2013)
- NPL coverage ratio increased to 65.3% (up 2.2PP compared to FY 2013)
- Common equity tier 1 ratio: CET1 (fully loaded) 10.4%; CET1
(transitional) 12.1%
- Leverage ratio of 6.3% comfortably surpasses the 3% envisaged regulatory
ratio


Income Statement in EUR mn    1-6/2014   1-6/2013   Q2/2014    Q1/2014    
Net interest income           1,954      1,836      975        979        
Net provisioning for 
impairment losses             (568)      (469)      (287)      (281)      
Net interest income after 
provisioning                  1,386      1,367      688        697        
Net fee and commission 
income                        765        785        389        376        
Net trading income            9          140        28         (19)       
General administrative 
expenses                      (1,519)    (1,617)    (764)      (755)      
Net income from derivatives 
and liabilities               (43)       (187)      (15)       (27)       
Net income from financial 
investments                   78         64         42         37         
Profit before tax             518        467        278        240        
Profit after tax              371        311        198        173        
Consolidated profit           344        277        183        161        

Balance Sheet in EUR mn       30/6/14    31/12/13                         
Equity                        10,846     10,364                           
Total assets                  127,279    130,640                          
NPL ratio                     10.7%      10.7%                            
NPL coverage ratio            65.3%      63.1%                            

Bank Specific Information     30/6/14    31/12/13                         
Common equity tier 1 ratio 
(transitional)                12.1%      10.7%                            
Common equity tier 1 ratio 
(fully loaded)                10.4%      n/a                              

Performance                   1-6/2014   1-6/2013                         
Net interest margin           3.33%      3.06%                            
Return on equity before tax   8.6%       8.6%                             
Consolidated return on 
equity                        5.4%       4.6%                             
Cost/income ratio             55.3%      57.5%                            
Earnings per share in EUR     0.88       0.91                             

Resources                     30/6/14    31/12/13                         
Employees                     56,356     57,901                           
Business outlets              2,934      3,025                            


For further information please contact:

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


21.08.2014 The DGAP 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:       Wien (Amtlicher Handel / Official Market)
 
End of Announcement                             DGAP News-Service
 
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