Raiffeisen Bank International AG reported earnings results for the third quarter and nine months of 2015. For the nine months, the company reported profit before tax of €624 million, which represents a year-on-year increase of 24% or €122 million. Operating result remained 15% below the previous year's level due to lower net interest income, 28% lower net provisioning for impairment losses and lower one-off effects than in the previous year resulted in an improvement in profit before tax. Profit after tax rose 67% year-on-year to €432 million. Consolidated profit in the reporting period was €378 million, which corresponds to an increase of 68% or €152 million. Operating income declined 12% year-on-year, or €477 million, to €3,660 million. This was primarily attributable to strong currency devaluations (mainly the Russian rouble and Ukrainian hryvnia). Net interest income fell 14% year-on-year, or €399 million, to €2,495 million. Net interest income, largely due to currency-related effects, fell €133 million in Russia and €81 million in Ukraine.

For the third quarter, the company's net interest income fell 6%, or €49 million, to €813 million in the third quarter of 2015. Profit was at €90 million, which is a decrease by €114 million or 55.9% compared to the second quarter 2015.

The company expects a small consolidated profit for 2015 as the majority of the restructuring costs will be incurred after 2015 (the bank assumes restructuring costs of around €100 million for 2015). The company aims for a return on equity before tax of approximately 14% and a consolidated return on equity of approximately 11% in the medium term.