19.10.2010

Raiffeisen International Both Raiffeisen International and Raiffeisen Group have published their astounding half-year results. Raiffeisen International Bank-Holding AG succeeded in posting a consolidated profit (after tax and minorities) of € 171 million during the first six months of 2010, which represents an increase of 118.6 per cent compared to the same period a year earlier (H1 2009: € 78 million). RZB Group headed by Raiffeisen Zentralbank Österreich AG generated a profit before tax of € 547 million, which represents an increase of 18.0 per cent in comparison to the same period a year earlier (H1 2009: € 463 million). RZB Group's consolidated profit (after tax and minorities) rose by 138.6 per cent to € 402 million (H1 2009: € 168 million).

 

The results reflect Raiffeisen International’s and Raiffeisen Group’s conservative approach to managing risk, and shows it offers investors attractive opportunities.

 

For more information on Raiffeisen’s half-year results, please click here.