Monday, 1 February 2016

Nagy broke up last year , Raiffeisen Bank International

Unexpectedly high, EUR 383 million was the profit of Raiffeisen International Bank - the bank's management said on Monday.

The risk provisions of EUR 1.266 billion in 2015 , or 28 percent lower compared to the results of a year ago . Communication of the bank said profit before tax was EUR 696 million. Administrative expenses, decreased by four percent to 2.915 billion over the previous year . The annual results included a goodwill impairment of , as well as the 2014 year transferred risk charge . Based on preliminary figures , the risk weighted asset value amounted to EUR 63 billion by the end of year 2015 , while in 2014 was EUR 69 billion. The primary core capital reached 11.5 per cent, while at the end of 2014 was 10 percent. The annual general meeting of the bank's management does not recommend payment of a dividend for the financial year 2015 .

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