DGAP-News: Raiffeisen Bank International AG: Preliminary results 2017
DGAP-News: Raiffeisen Bank International AG / Key word(s): Preliminary Results
Raiffeisen Bank International AG: Preliminary results 2017
07.02.2018 / 07:30
The issuer is solely responsible for the content of this announcement.
RBI: Preliminary results 2017
- Consolidated profit of EUR 1,116 million more than doubled compared to last year (2016 pro forma: EUR 520 million)
- Pre-dividend common equity tier 1 (CET1) ratio (fully loaded) of 13.0% (2016 pro forma: 12.4%)
- Favorable development of risk costs reflecting positive market environment
- Decline of NPL ratio to 5.7% (2016 pro forma: 8.7%) due to low NPL inflows, NPL sales and NPL write-downs
- Increase of customer loans of around 2% despite strengthening EUR
- Net interest margin stable at 2.48% despite ongoing low interest rate levels
- Outlook and proposed dividend will be published with the annual report on 14 March 2018
Income Statement in EUR million
1-12/2017
preliminary
1-12/2016
pro forma
due to merger
1-12/2016
published
before merger
Q4/2017
preliminary
Net interest income
3,208
3,197
2,935
816
Net provisioning for impairment losses
(287)
(758)
(754)
(127)
Net fee and commission income
1,719
1,599
1,497
448
Net trading income
244
220
215
62
General administrative expenses
(3,104)
(3,141)
(2,848)
(813)
Other results
(224)
(267)
(204)
(88)
Profit before tax
1,612
946
886
311
Profit after tax
1,246
636
574
234
Consolidated profit
1,116
520
463
206
Balance Sheet in EUR million
31/12/2017
preliminary
31/12/2016
pro forma
due to merger
31/12/2016
published
before merger
31/12/2017
preliminary
Loans and advances to customers
81,232
79,769
70,514
81,232
Deposits from customers
84,831
80,325
71,538
84,831
Total assets
135,146
134,804
111,864
135,146
Risk-weighted assets (total)
71,904
67,911
60,061
71,904
Key ratios
1-12/2017
preliminary
1-12/2016
pro forma
due to merger
1-12/2016
published
before merger
Q4/2017
preliminary
Net interest margin
2.48%
2.48%
2.78%
2.50%
NPL ratio
5.7%
8.7%
9.2%
5.7%
NPL coverage ratio
67.0%
75.2%
75.6%
67.0%
CET1 ratio (fully loaded), pre dividend
13.0%
12.4%
13.6%
13.0%
CET1 ratio (transitional), pre dividend
13.2%
12.7%
13.9%
13.2%
Total capital ratio (fully loaded),
pre dividend
18.1%
17.1%
18.9%
18.1%
Total capital ratio (transitional),
pre dividend
18.2%
17.4%
19.2%
18.2%
As of January 2017, RZB contributed business is fully included. Current RBI figures refer to the Combined Bank; unless specified otherwise, the historical pro forma data is based on the Combined Bank (consideration of the merger).
The data contained in this release is based on unaudited figures. On 14 March 2018, RBI will publish its full annual report for 2017 including the outlook, proposed dividend amount, IFRS 9 effect as well as the segment reports and further details on the 2017 business year. As in previous years, the annual RBI Investor Day for institutional investors and analysts will be held in London on 15 March 2018.
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
07.02.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de
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:
Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market)
End of News
DGAP News Service
652063 07.02.2018