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Raiffeisen Bank International AG

Earnings Release Mar 26, 2009

756_rns_2009-03-26_c81b5c63-f4df-4127-a151-3cedb8b3dd68.html

Earnings Release

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News Details

Ad-hoc | 26 March 2009 07:30

Raiffeisen International Bank-Holding AG: Full Year Report 2008

Raiffeisen International Bank-Holding AG / Final Results

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


  • Full year consolidated profit of EUR 982 mn, up 17 percent y-o-y
  • Solid performance in core business, profit from operating activities up
    40 percent y-o-y to EUR 2.2 bn
  • Cost/income ratio decreased by 3.6 percentage points from 57.6 percent to
    54.0 percent y-o-y
  • Tier 1 capital ratio of 8.1 percent despite negative FX effects in Q4
  • Significantly higher provisioning up 119 percent y-o-y to EUR 780 mn due
    to worsening market conditions
  • Comprehensive measures taken to tackle the effects of the crisis
  • Dividend proposal of EUR 0.93 per share stays at the same level as last
    year
                               1-12/     1-12/     10-12/    10-12/
    

    Income Statement in EUR mn 2008 2007 2008 2007

Net interest income 3,232.0 2,418.8 890.3 715.1
Provisioning for impairment losses (780.3) (357.0) (414.8) (114.9)
Net interest income after
provisioning 2,451.7 2,061.9 475.6 600.2
Net fee and commission income 1,496.4 1,249.8 398.6 354.8
Net trading income 167.6 127.9 40.3 7.1
General administrative expenses (2,633.0) (2,184.0) (693.5) (646.3)
Profit before tax 1,429.1 1,237.6 168.1 284.2
Profit after tax 1,078.3 973.5 112.8 236.8
Consolidated profit
(after minorities) 982.0 841.3 120.5 215.6

Balance Sheet in EUR mn 31/12/08 31/12/07

Equity (incl. minorities and
profit) 6,518.2 6,622.1
Balance sheet total 85,397.0 72,742.8

Bank Specific Information* 31/12/08 31/12/07

Core capital ratio (Tier 1),
credit risk 9.7% 11.4%
Core capital ratio (Tier 1),
total risk (incl. market and
operational risk) 8.1% 10.5%
Own funds ratio 9.7% 12.4%

                               1-12/     1-12/

Performance 2008 2007

Return on equity (ROE) before tax 22.0% 25.7%
Consolidated return on equity 17.4% 20.1%
Cost/income ratio 54.0% 57.6%
Risk/earnings ratio 24.1% 14.8%

Resources 31/12/08 31/12/07

Number of staff 63,376 58,365
Business outlets 3,231 3,015

* Ratios for 2007 based on Basel I. Ratios for 2008 based on Basel II.

For further information please contact:

Susanne Langer
Vice President Investor Relations
Raiffeisen International Bank-Holding AG
Am Stadtpark 3
A-1030 Vienna
[email protected]
phone +43-1-71707-2089
http://www.ri.co.at
26.03.2009 Financial News transmitted by DGAP


Language: English
Issuer: Raiffeisen International Bank-Holding AG
Am Stadtpark 3
A-1030 Vienna
Österreich
Phone: +43-1-71707-2089
Fax: +43-1-71707-2138
E-mail: [email protected]
Internet:
ISIN: AT0000606306
WKN: A0D9SU
Listed: Freiverkehr in Berlin, München, Stuttgart; Open Market in
Frankfurt; Foreign Exchange(s) Wien

End of News DGAP News-Service


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