Raiffeisen Bank International AG (XPRA:RBI)
Kč 460 0 (0%) Market Cap: 153.39 Bil Enterprise Value: -655.50 Bil PE Ratio: 2.67 PB Ratio: 0.31 GF Score: 68/100
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Half Year 2020 Raiffeisen Bank International AG Earnings Call Transcript

Aug 11, 2020 / 12:00PM GMT
Release Date Price: Kč414 (+0.10%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the conference call of Raiffeisen Bank International. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Johann Strobl, Chief Executive Officer. Please go ahead.

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

Thank you very much. Good afternoon, ladies and gentlemen. We're happy to have you in this call talking about our half year results. And when you look at the numbers, you immediately see that we have seen 2 very different quarters, so far, with a strong growth in Q1. And the second quarter was very much impacted by the lockdowns in April and May. Good thing is we have seen a pickup in activity in our market since May and we are encouraged to also see this going on, this trend.

On a year-on-year basis, net interest income was slightly up, and net fee and commission income was stable, driven by the strong performance of the business coming into 2020. In the fee business, in particular, we are pleased to

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