Reports
First Quarter Report 2025
Main revenues stable, reduction of Russian business continued
- Q1/2025 consolidated profit of EUR 260 million for the core Group (excluding Russia)
- Net interest income for the core Group stable q-o-q at EUR 1,046 million despite lower marketinterest rates, net fee and commission income down slightly
- Provisioning ratio for the core Group at 20 bps, including additional overlays of EUR 71 millionCET1 ratio excluding Russia at 15.9% (Group CET1 ratio at 18.8%)
- Further business reduction in Russia, customer loans down 4% q-o-q and deposits fromcustomers down 9% q-o-q in local currency
- S&P rating was upgraded from A- negative to A- stable, reflecting significant business reductionin Russia, the successful exit from Belarus and RBI’s robust compliance organization
- Outlook for 2025 unchanged
Rasperia case:
- No additional P&L impact on RBI from appeals court verdict in the Rasperia case on 25 April 2025
- Judgement has been partially enforced against AO Raiffeisenbank with the RUB-equivalent of approximately EUR 1.87 billion withdrawn by the Russian Central Bank and transferred to Rasperia
- AO Raiffeisenbank has filed a further appeal in Russia and RBI Group is finalizing legal action in Austria