Raiffeisen Bank International AG

Regulatory Filings • Oct 26, 2014

Ad hoc announcement

Raiffeisen Bank International AG / Keyword(s): Miscellaneous/Weiteres
Schlagwort

RBI: RZB clearly passes ECB stress test

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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Vienna, 26.10.2014. Raiffeisen Zentralbank Österreich AG (RZB), Raiffeisen
Bank International's (RBI) majority shareholder, has clearly passed the
European Central Bank's (ECB) stress test. RBI was subject to the ECB's
stress test as part of RZB. Therefore, data published for the stress test
relates to the RZB Group. RZB significantly surpasses the required capital
ratios in both the baseline and adverse scenarios of the stress test. In
the baseline scenario, RZB reaches a common equity tier 1 ratio (CET1
ratio), including AQR adjustments, of 9.48 per cent (requirement: 8.0 per
cent). In the adverse scenario, the CET1 ratio of RZB, including AQR
adjustments, is 7.77 per cent (requirement: 5.5 per cent).

The ECB's Asset Quality Review, which preceded the stress test, brought
about adjustments to the common equity tier 1 ratio, used by the ECB in its
stress test for RZB, in the amount of 0.65 percentage points. These
adaptations are mainly due to the fact that the ECB employs a different
approach to RZB for portfolio-based loan loss provisions. Moreover, the AQR
does not account for provisions which were established in the current
financial year.

In the course of the release, the ECB also published hypothetical ratios
under full application of the Basel III regulations (fully loaded) based on
the balance sheet figures as at 31.12.2013. These regulations will first
come fully into force in 2023. There were two factors not taken into
consideration in all of the ECB's results: On the one hand, RBI's capital
increase carried out in January 2014, and on the other, the
sub-consolidation of the RBI Group as recognized for regulatory purposes.
Assuming the ECB's base CET1 ratio minimum requirement of 8.0 per cent, as
specified for the stress test, the abovementioned factors would thereby
increase RZB's fully loaded 2016 CET1 ratio in the baseline scenario by
3.40 percentage points to 8.97 per cent, and in the adverse scenario by
4.03 percentage points to 7.90 per cent.

On Monday, 27 October 2014, at 9 a.m. (CET), a conference call on the topic
with RZB board member and RBI CRO, Johann Strobl, as well as RBI CEO, Karl
Sevelda and RBI CFO, Martin Grüll, will take place.
Link to the conference call webcast:
http://www.media-server.com/m/p/nsnz526j
Link to the templates:
http://www.ecb.europa.eu/ssm/assessment/html/index.en.html

For more information, please contact:

Susanne E. 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

26.10.2014 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
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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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