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12.11.2020 – 07:30

Raiffeisen Bank International AG

EANS-News: Raiffeisen Bank International AG
1-9/2020 Results EUR 599 million consolidated profit impacted by COVID-19

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  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.
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Financial Figures/Balance Sheet

Vienna, 12 November 2020 -

* Net interest income down 2% year-on-year due to the depreciation of several
  CEE currencies and key rate cuts; net fee and commission income down 3%,
  largely due to the lockdowns in the second quarter
* General administrative expenses down 4% year-on-year
* Loans to customers stable YTD in EUR terms, while up in most countries in
  local currencies
* Provisioning ratio of 0.72% in the first nine months; increase primarily
  driven by COVID-19 effects
* Consolidated profit of EUR 599 million, negatively impacted by higher risk
  costs and impairments on companies valued at equity (other result)
* Net interest margin declined by 20 bps quarter-on-quarter to 2.00% mainly due
  to key rate cuts
* NPE ratio and NPE coverage ratio slightly improved YTD to 1.9% and 63.8%,
  respectively
* CET1 ratio of 13.1% (including result); 2019 initial dividend proposal remains
  deducted from CET1 ratio (41 bps)




Income
statement in           1-9/2020        1-9/2019         Q3/2020          Q2/2020
EUR million
Net interest              2,476           2,531             770              825
income
Net fee and
commission                1,272           1,307             433              392
income
Net trading
income and fair              95            (87)              33               25
value result
General
administrative          (2,164)         (2,245)           (690)            (719)
expenses
Other result              (211)            (68)            (38)             (91)
Levies and
special                   (173)           (141)             (7)             (38)
governmental
measures
Impairment
losses on                 (497)            (80)           (185)            (158)
financial
assets
Profit before               920           1,299             354              279
tax
Profit after                679             985             259              213
tax
Consolidated                599             874             230              192
profit




Balance sheet in EUR                      30/9/2020                 31/12/2019
million
Loans to customers                          91,711                      91,204
Deposits from customers                     99,800                      96,214
Total assets                               164,779                     152,200
Total risk-weighted                         80,146                      77,966
assets (RWA)




Key ratios                               30/9/2020                   31/12/2019
NPE ratio                                     1.9%                         2.1%
NPE coverage ratio                           63.8%                        61.0%
CET1 ratio (including                        13.1%                        13.9%
result)
Total capital ratio                          17.8%                        17.9%
(including result)



Key ratios             1-9/2020        1-9/2019         Q3/2020          Q2/2020
Net interest
margin (average           2.21%           2.43%           2.00%            2.21%
interest-
bearing assets)
Cost/income               54.6%           58.6%           54.2%            55.9%
ratio
Provisioning
ratio (average            0.72%           0.13%           0.79%            0.69%
loans to
customers)
Consolidated
return on                  6.4%           10.4%            7.5%             6.2%
equity
Earnings per               1.66            2.52            0.64             0.54
share in EUR



Outlook

The Outlook remains unchanged.




Further inquiry note:
John P. Carlson
Group Investor Relations
Raiffeisen Bank International AG
Am Stadtpark 9
1030 Vienna, Austria
ir@rbinternational.com
Telephone +43 1 71 707 2089
www.rbinternational.com


end of announcement                         euro adhoc
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issuer:       Raiffeisen Bank International AG
              Am Stadtpark  9
              A-1030 Wien
phone:        +43 1 71707-2089
FAX:          +43 1 71707-2138
mail:      ir@rbinternational.com
WWW:       www.rbinternational.com
ISIN:         AT0000606306
indexes:      ATX
stockmarkets: Wien, Luxembourg Stock Exchange
language:     English