Raiffeisen Bank International AG (XTER:RAW)
€ 18.43 0.37 (2.05%) Market Cap: 6.06 Bil Enterprise Value: -25.95 Bil PE Ratio: 2.67 PB Ratio: 0.31 GF Score: 70/100
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Q3 2024 Raiffeisen Bank International AG Earnings Call Transcript

Oct 30, 2024 / 01:00PM GMT
Release Date Price: €17.6 (-4.81%)
Operator

Good afternoon, ladies and gentlemen, and welcome to the Q3 2024 results 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, sir.

Johann Strobl
Raiffeisen Bank International AG - Chairman of the Management Board, Chief Executive Officer

Thank you very much. Good afternoon, ladies and gentlemen. Thank you for joining us today for our third-quarter results call. For the first nine months of 2024, we can report consolidated profits excluding Russia and Belarus EUR856 million for an ROE of 8.6%. With decent earnings in the quarter and stable RWA, the CET1 ratio for the group under worst case scenario in Russia improves to 15.3%. This is a nice sprint of course, but our guidance for the full year remains in the 14.7% area. I will touch on this in more detail in just a minute.

On slide 5, loans to customers were pretty much flat in the quarter with some loan growth in our networks and a very

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