Quarterly Reports

Q1 2021

First Quarter Report 2021

  • Net interest income stable quarter-on-quarter; net interest margin reflects excess liquidity
  • Net fee and commission income almost fully recovered despite weaker exchange rates and prolonged lockdowns
  • General administrative expenses down 5% year-on-year
  • Provisioning ratio at 0.35% due to very low inflow of stage 3
  • Consolidated profit improved 22% year-on-year to EUR 216 million, supported by lower risk costs
  • Loans to customers up 1% year-to-date
  • CET1 ratio stable at 13.6% (incl. first quarter result)

reports of selected subsidiaries / archive raiffeisen zentralbank österreich ag