Raiffeisen Bank International AG (OTCPK:RAIFF)
$ 18.69 0 (0%) Market Cap: 6.40 Bil Enterprise Value: -27.47 Bil PE Ratio: 2.67 PB Ratio: 0.31 GF Score: 72/100

Full Year 2022 Raiffeisen Bank International AG Earnings Call Transcript

Feb 01, 2023 / 01:00PM GMT
Release Date Price: $17.88
Operator

Good afternoon, ladies and gentlemen, and welcome to the Preliminary Results 2022 Conference Call of Raiffeisen Bank International. (Operator Instructions)

At this time, I'd like to turn the conference over to Mr. Johann Strobl, Chief Executive Officer.

Johann Strobl
Raiffeisen Bank International AG - Chairman of the Management Board & CEO

Thank you very much for the kind introduction. Ladies and gentlemen, welcome to our call. It's about the preliminary 2022 results. Thank you for taking the time out of your busy schedule today.

The results, as you have seen, are very good. This includes, of course, an unusually high contribution from Russia with many distortions caused by the war. I believe, however, that the underlying trends and the performance of the rest of the bank is also very good. The overall consolidated profit is around EUR 3.6 billion for an ROI of nearly 27%. The underlying profit, if you adjust for Russia/Belarus and the one-time gain on the sale of Bulgaria is around EUR 982 million and an ROE of 8.7%. Please keep in mind

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