Skip to main content
IR Contact
Platform Logins
Illustration Figures Book Grey Yellow Objects

Reports

First Quarter Report 2024

Consolidated profit excluding Russia and Belarus remains strong

Download as PDF
Download as XSLM
  • Consolidated profit of EUR 333 million, excluding Russia and Belarus and including EUR 109 million provisions for CHF mortgages in Poland
  • Core revenues excluding Russia and Belarus down 4% quarter-over-quarter to EUR 1,519 million, mainly driven by lower interest rates and seasonal effects
  • Lower provisioning for impairment losses: EUR 3 million for the Group excluding Russia and Belarus
  • CET1 ratio excluding Russia unchanged at 14.6% (Group CET1 ratio at 17.3%)
  •  Customer loans in Russia down 58% since peak in Q2/2022 to EUR 5.8 billion as part of de-risking approach to Russia
  • The 2024 guidance for the Group including Russia and Belarus has been suspended in light of the ECB’s requirement to accelerate business reduction in Russia

You might also be interested in

  • Annual reports

    In this section you can find the annual reports, results file and the latest sustainability report.

  • Quarterly reports

    In this section you can find the interim reports and results file. 

  • Regulatory disclosures

    In this section you can find the regulatory disclosures.

  • Ordering- / E-Mail Service

    Would you like to have the printed version? Use our ordering service, and we will be glad to send you a copy.