DGAP-Ad-hoc: Raiffeisen Bank International AG / Key word(s): Final Results Raiffeisen Bank International: Full Year Results 2016 15-March-2017 / 07:33 CET/CEST Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Raiffeisen Bank International: Full Year Results 2016 Unless stated otherwise, all numbers are for RBI pre-merger with RZB. - Consolidated profit of EUR 463 mn - Transformation program completed ahead of schedule: CET1 ratio (fully loaded) of 13.6%, significantly above 12% target - NPL ratio significantly reduced to 9.2% - Substantially improved risk costs across all markets - Net interest margin levelled out in 2016 - Significantly increased profit contribution from Southeastern and Eastern Europe - EGM approved RZB/RBI merger with 99.4% - Merger expected to be entered in the commercial register on 18 March 2017 - Pro forma CET1 ratio (fully loaded) of combined bank at 12.4% Income Statement in EUR mn 1-12/201- 1-12/201- Q4/201- Q3/201- 6 5 6 6 Net interest income 2,935 3,327 748 732 Net provisioning for impairment (754) (1,264) (251) (100) losses Net interest income after 2,181 2,063 497 632 provisioning Net fee and commission income 1,497 1,519 400 378 Net trading income 215 16 78 52 General administrative expenses (2,848) (2,914) (749) (687) Other results (204) (40) (82) (103) Profit/loss before tax 886 711 140 296 Profit/loss after tax 574 435 94 212 Consolidated profit/loss 463 379 69 184 Balance Sheet in EUR mn 31/12/16 31/12/15 Equity 9,232 8,501 Total assets 111,864 114,427 NPL ratio 9.2% 11.9% NPL coverage ratio 75.6% 71.3% Risk-weighted assets (total RWA) 60,061 63,272 Ratios 31/12/16 31/12/15 Common equity tier 1 ratio (fully 13.6% 11.5% loaded) Common equity tier 1 ratio 13.9% 12.1% (transitional) Total capital ratio (fully loaded) 18.9% 16.8% Total capital ratio (transitional) 19.2% 17.4% Ratios 1-12/2016 1-12/2015 Q4/2016 Q3/2016 Net interest margin 2.78% 3.00% 2.83% 2.77% Return on equity before tax 10.3% 8.5% 6.4% 13.8% Consolidated return on equity 5.8% 4.8% 3.4% 9.2% Cost/income ratio 60.7% 59.1% 61.2% 57.9% Earnings per share in EUR 1.58 1.30 0.24 0.63 Resources 31/12/16 31/12/15 Employees (full-time equivalents) 48,556 51,492 Business outlets 2,506 2,705 Outlook As a result of the merger with RZB, to be entered in the commercial register on 18 of March 2017, the following outlook applies to the combined bank. RBI reached the 12 per cent CET1 ratio target one year ahead of schedule with a fully loaded CET1 ratio of 13.6 per cent at 31 December 2016 (12.4 per cent for the pro forma combined bank). In the medium term we strive to achieve a CET1 ratio (fully loaded) of around 13 per cent. After stabilizing loan volumes, we look to resume growth with an average yearly percentage increase in the low single digit area. We expect net provisioning for impairment losses for 2017 to be below the level of 2016 (EUR 754 million). We look to reach an NPL ratio of around 8 per cent by the end of 2017, and over the medium term we expect this to reduce further. We further aim to achieve a cost/income ratio of between 50 and 55 per cent in the medium term, unchanged from our previous target. Our medium term return on equity before tax target is unchanged at approximately 14 per cent, with a consolidated return on equity target of approximately 11 per cent. For further information please contact: Susanne E. Langer Head of Group Investor Relations Spokesperson Raiffeisen Bank International AG Am Stadtpark 9 1030 Vienna, Austria [email protected] phone +43-1-71 707-2089 www.rbinternational.com --------------------------------------------------------------------------- 15-March-2017 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.de --------------------------------------------------------------------------- Language: English Company: Raiffeisen Bank International AG Am Stadtpark 9 A-1030 Vienna Austria Phone: +43-1-71707-2089 Fax: +43-1-71707-2138 E-mail: [email protected] Internet: www.rbinternational.com ISIN: AT0000606306 WKN: A0D9SU Listed: Foreign Exchange(s) Luxemburg, SIX, Wien (Amtlicher Handel / Official Market) End of Announcement DGAP News Service --------------------------------------------------------------------------- 554159 15-March-2017 CET/CEST