2022 Outlook updated - strong core revenues across the Group

  • Excluding Russia and Belarus, net interest income up 38% year-over-year in the first three quarters of 2022 (EUR 2,399 million)
  • Net fee and commission income, also excluding Russia and Belarus, up 18% year-over-year (EUR 1,287 million)
  • EUR 822 million consolidated profit (11% ROE) excluding Russia and Belarus as well as gain on sale of the Bulgarian units
  • Loan growth in Q3/2022 of 1.3%, driven by CE and SEE, flat volumes in Group Corporates & Markets and a reduction in EE
  • Risk costs of EUR 160 million booked in Q3/2022, bringing the total year-to-date to EUR 721 million (provisioning ratio of 0.71% year-to-date)
  • CET1 ratio at 14.6% (transitional, incl. result), driven by strong consolidated profit and stable RWA in Q3; earnings from EE subsidiaries cannot be distributed
  • Full year 2022 outlook has been updated

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Raiffeisen Bank International AG published this content on 02 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 02 November 2022 18:24:01 UTC.