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RBI Confirms 2024 ROE Outlook At 10% Excluding Russia And Belarus



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July 30 (Reuters) -RAIFFEISEN BANK INTERNATIONAL AG RBIV.VI:

  • H1/2024 CONSOLIDATED PROFIT OF EUR 604 MILLION, EXCLUDING RUSSIA AND BELARUS AND INCLUDING

  • ROE GUIDANCE FOR 2024 CONFIRMED AT 10%, EXCLUDING RUSSIA AND BELARUS

  • 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

  • 2024 GUIDANCE FOR RBI INCLUDING RUSSIA AND BELARUS HAS BEEN SUSPENDED IN LIGHT OF ACCELERATED BUSINESS REDUCTION IN RUSSIA

  • OUTLOOK 2024: CET1 RATIO AROUND 14.7% EXCLUDING RUSSIA AND BELARUS

  • OUTLOOK 2024: COST/INCOME RATIO AROUND 52% EXCLUDING RUSSIA AND BELARUS

  • OUTLOOK 2024: NET INTEREST INCOME IN EUR AROUND 4.1 BN EXCLUDING RUSSIA AND BELARUS

Source text for Eikon: ID:nEQ4s77gga

Further company coverage: RBIV.VI


(Gdansk Newsroom)

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