06.02.2020 - RBI: Preliminary results 2019

RBI: Preliminary results 2019
Profit before tax up again – Core revenues up driven by strong loan growth across the group

  • Profit before tax up 1% y-o-y to EUR 1,767 million, Consolidated profit at EUR 1,227 million
  • NII and net fee and commission income up 8% and 7% respectively y-o-y (adjusted for sale of Polish core banking operations in 2018)
  • Loans to customers up 13% in 2019 mainly at head office, in Russia and Central Europe
  • Net interest margin stabilized at 2.44%
  • Risk costs remain low (0.26% provisioning ratio)
  • NPE ratio further improved to 2.1%
  • CET1 ratio increased to 13.9%
  • Proposed dividend of EUR 1.00 per share, payout ratio of 27%

Preliminary 2019 Tab 1

Preliminary 2019 Tab 2

The Management Board decided to propose a dividend distribution of EUR 1.00 per share to the Annual General Meeting for the 2019 financial year. This would correspond to a maximum dividend payout of EUR 329 million and a payout ratio of 27 per cent.

The data contained in this release is based on unaudited figures. On 18 March 2020, RBI will publish its full 2019 Annual Report including further details on the business year and the outlook.

Krenn-Ditz

Ingrid Krenn-Ditz

Head of Group Communications
Corporate Spokeswoman
Raiffeisen Bank International AG
Am Stadtpark 9, 1030 Wien
Tel: +43-1-71707-6055
Fax: +43-1-71707-3802
ingrid.krenn-ditz@rbinternational.com