Raiffeisen Bank International Reports Stable Q1 2025 Revenues Amid Russian Market Exit

Raiffeisen Bank International AG (RBI) has released its first quarter report for 2025, highlighting stable revenues and continued reduction of its Russian business. The core Group, excluding Russian operations, posted a consolidated profit of EUR 260 million. Despite lower market interest rates, net interest income remained stable at EUR 1,046 million, although net fee and commission income experienced a slight decline.

The CET1 ratio excluding Russia stood at 15.9%, with the overall Group ratio at 18.8%. RBI continues to lessen its footprint in Russia, showing a 4% decrease in customer loans and a 9% decline in customer deposits quarter-on-quarter, measured in local currency.

S&P upgraded RBI's rating from A- negative to A- stable, reflecting significant reductions in its Russian exposure and the conclusion of its exit from Belarus. This improvement aligns with RBI's robust compliance framework. The outlook for 2025 remains unchanged.