The RBI expects a consolidated profit at 585 million euros for the first half of 2017

Vienna. 25 July. — Raiffeisen Bank international AG(RBI) expects a consolidated profit of around 365 million Euro in the second quarter of 2017 year and about 585 million euros — the first half of 2017 . Profit “form” about’United Bank for the respective comparative periods in 2016 year was $ 125 million and 236 million euros, respectively. The positive dynamic owes mainly to the reduction in the allowance for impairment losses (higher than expected compensation and profits from sales of non-performing loans). Net provisions for impairment losses amounted to about 75 million euros in the first half of 2017 years (while in the first half of 2016 years they reached 403 million euros). After the formation of the net of provisions for impairment losses in 80 million euros in the first quarter of 2017 year there was a net decrease in these reserves for 5 million euros in the second quarter of this year.

these results for the first half of 2017 years are subject to audit, which is still have not been conducted. The full financial report for the 1 half of 2017 year will be published 10 Aug 2017 . The forecast will be adjusted in accordance with the current dynamics of the changes in costs of risk.

 for more information, please contact Suzanne Langer, Director of the Department of relations with investors, the President of Raiffeisen Bank international AG

Susanne E. Langer
Head of Group Investor Relations 
Spokesperson
Raiffeisen Bank International AG 
Am Stadtpark 9
1030 Vienna Austria< / span> 
ir@rbinternational.com
phone +43-1-71 707-2089 
www.rbinternational.com