Raiffeisen Bank International’s Net Profit Goes Down 17.8% in 2011

According to the preliminary data available, the consolidated net profit of the Austrian Raiffeisen Bank International AG decreased by 17.76% in 2011 and thus amounted to ?968m, the bank’s press release states.

At the same time, the company’s pre-tax profit rose by 6.68% last year compared with the year 2010, and came to ?1.37bn. The banking group’s net interest profit went up by 2.49% in 2011 and reached ?3.66bn.

The final report will be published on March 29, Banki.ru reports.

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