“Choose to Help”, Raiffeisenbank’s donation campaign, raised BGN 6 722 in support of the project of the National Museum“Vasil Levski“, Karlovo – “The Apostle in Children’s Eyes”. The funds were gathered by personal donations of Raiffeisen Group’s employees, as well as by the bank, which added BGN 100 to each donation made by an employee.
Raiffeisenbank (Bulgaria) EAD (RBBG) publishes its regular monthly economic review with comments on the macroeconomic data available in middle of August.
In the first half of 2015, Raiffeisen Bank International AG (RBI) generated a profit before tax of € 467 million, which was 10 per cent or € 51 million below the comparable level of the previous year’s period. While the operating result was 14 per cent below the previous year's level due to falling net interest income; higher valuation results from derivatives and lower one-off effects than in the previous year (provision for the Settlement Act in Hungary) resulted in an improvement in profit before tax. Profit after tax fell 12 per cent year-on-year to € 326 million. Consolidated profit for the first half-year was € 288 million, which corresponds to a decline of 16 per cent, or € 57 million.