In the first quarter of 2016 the Raiffeisen Bank International AG Group (RBI) generated a profit before tax of € 229 million, which represents a year-on-year increase of 22 per cent. The profit after tax increased 38 per cent to € 138 million year-on-year, while the consolidated profit increased 37 per cent to € 114 million.
EMEA Finance – the renowned British financial magazine specialized in covering the finance industry in Europe, Middle East and Africa – decorated Raiffeisen with 14 awards in its “Europe Banking Awards” competition. The awards were presented at a ceremony in Vienna last Thursday night.
In 2015, Raiffeisen Bank International AG (RBI) generated a positive profit before tax of € 711 million, after it ended a financial year with a negative consolidated result for the first time in 2014 due to a number of non-recurring effects.