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Raiffeisen Bank International AG

Earnings Release Jan 31, 2013

756_rns_2013-01-31_e8e2bc11-5a1a-47db-8473-76853a482452.html

Earnings Release

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News Details

Ad-hoc | 31 January 2013 18:34

RBI: Full year pre-tax profit 2012 slightly above EUR 1 billion (consolidated profit over EUR 700 million)

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

31.01.2013 18:34

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


Vienna, 31 January 2013. Raiffeisen Bank International (RBI) reports a
first indication of its full year 2012 results. As of today RBI expects
full year pre-tax profit to be slightly above EUR 1 billion (2011: EUR 1.4
billion) and consolidated profit of over EUR 700 million (2011: EUR 968
million). Net provisioning for impairment losses was, as expected, slightly
lower than in the previous year (2011: EUR 1,064 million). Provisioning was
highest in Hungary, Poland and Ukraine. With regard to expenses RBI
confirms its outlook statement published with the third quarter results
last year. Without taking Polbank into account full year general
administrative expenses remained at around the level of the previous year
(2011: EUR 3,120 million). Loans to customers stood at EUR 83 billion at
the end of 2012 (2011: EUR 82 billion).

After earning a consolidated profit of EUR 842 million in the first nine
months, the economic environment in the fourth quarter of 2012 proved to be
more challenging. Net trading income was impacted by a one-off effect due
to IFRS guidelines relating to Credit Valuation Adjustments on derivatives
(around minus EUR 30 million). As a result net trading income in the fourth
quarter made no contribution to profit.

Furthermore, the remaining goodwill balance relating to the Ukrainian
Raiffeisen Bank Aval (EUR 29 million) was fully written off in the fourth
quarter. In addition, a total of EUR 10 million in minor goodwill
write-offs were necessary for certain other participations.

The management will propose at the Annual General Meeting that a dividend
is paid for 2012 to RBI shareholders after servicing the participation
capital.

The full year consolidated financials are still being compiled and in the
process of being audited. Preliminary key figures will be published on 20
February 2013. The 2012 audited annual report will be published on 10 April
2013.

For further information please contact:

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

31.01.2013 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de


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: [email protected]
Internet: www.rbinternational.com
ISIN: AT0000606306
WKN: A0D9SU
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Wien (Amtlicher Handel / Official Market)

End of Announcement DGAP News-Service


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