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28/08/2014
14:53
6-month IFRS net profit of Raiffeisenbank down 7.6%

IFRS net profit of Raiffeisenbank for H1 2014 decreased by 7.6% year-on-year to RUB 10.233 billion, the bank informed.

The bank's assets increased by 5.2% against the end of 2013 to RUB 748.714 billion. Net interest income increased by 17.6% to RUB 20.419 billion, net fee & commission income by 4.5% to RUB 5.166 billion.

ZAO Raiffeisenbank (tax number: 7744000302) is a subsidiary bank of Raiffeisen Bank International AG. It was established through a merger of Raiffeisenbank Austria and Impexbank. The authorized capital of Raiffeisenbank is RUB 36.711 billion.

IFRS net profit of Raiffeisenbank for 2013 grew by 14.2% to RUB 20.381 billion. The bank's assets increased by 11.6% to RUB 711.372.1 billion.

RAS net profit of Raiffeisenbank for H1 2014 went up 22% to RUB 9.248 billion from RUB 7.599 billion for the same period in 2013. Pre-tax profit decreased by 15% to RUB 10.142 billion from RUB 11.942 billion.

Raiffeisen Bank International AG is leading corporate and investment bank in the financial markets of Austria, Central Europe and Eastern Europe.

Net profit of Raiffeisen Bank International (the parent entity of Russia-based Raiffeisenbank) for 2013 decreased by 23.6% to EUR 557 million. Pre-tax profit decreased by 19.5% to EUR 835 million. Net interest margin of the bank was EUR 3.729 billion increasing by 7.4%. Total administrative expenses increased by 2.5% to EUR 3.340 billion. Net expenses attributable to provisions for depreciation increased by 13.9% to EUR 1.149 billion.



"AK&M", 27.08.2014 15:46

 

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