As at 31.12.2014, the common equity tier 1 ratio (fully loaded) stands at approximately 10 per cent for Raiffeisen Bank International AG (RBI), said the bank in a statement.
The total capital ratio (transitional) stands at over 15 per cent. Thus, RBI comfortably fulfills all regulatory capital requirements. The Management Board of RBI emphasizes that no capital increase is planned.
In order to extend the capital buffer, a reduction of risk-weighted assets (RWA) of at least 20 per cent is planned. In doing so, RBI will actively embark on a course which concentrates on strategically relevant and sustainably profitable business areas.
The 2014 profit after tax for the Russia segment will be significantly over EUR 300 million. The reduction in RWA will also affect the RBI Group’s Russian exposure. Although higher provisioning costs are expected, RBI also anticipates a positive result in Russia in 2015. Despite speculation, RBI emphasizes that there are no discussions taking place on the sale of its Russian subsidiary.
RBI will announce the planned measures together with its preliminary unaudited full year figures for 2014 on 9 February 2015", said the bank.