RBI Quarterly Reports

Stable performance in the core business

• H1/2024 consolidated profit of EUR 604 million, excluding Russia and Belarus and including EUR 391 million provisions for CHF and EUR mortgage loans in Poland
• Core revenues excluding Russia and Belarus stable at EUR 1,523 million quarter-over-quarter, slight margin-driven decrease in net interest income compensated by improved net fee and commission income
• Uptick in provisioning for impairment losses in Q2/2024 to EUR 78 million for the Group excluding Russia and Belarus
• CET1 ratio excluding Russia stable at 14.7% (Group CET1 ratio at 17.8%) 
• Russia: Significant de-risking accelerates – customer loans down almost 60% since peak in Q2/2022 to EUR 5.8 billion, broad restrictions on payments out of Russia as well as measures taken to further reduce customer deposits
• ROE guidance for 2024 confirmed at 10%, excluding Russia and Belarus