Excluding Russian business

RBI increases profit to over €1.4 billion

Raiffeisenbank International is doing particularly well in Eastern Europe.(Bild: AP/HELMUT FOHRINGER)

Raiffeisenbank International increased its earnings by 48 percent in 2025, generating enormous profits of over €1.4 billion. This figure does not include business in Russia, where the bank posted a loss of €86 million.

Core income grew by three percent to €6.186 billion, driven by accelerated credit growth. The largest share of this was accounted for by net interest income, which rose by one percent to €4.184 billion. Net commission income rose by nine percent to €2.002 billion. RBI reported growth in most of its markets, particularly in Romania, Hungary, and Czechia, the group said on Friday.

RBI CEO euphoric
Loan growth amounted to six percent year-on-year and accelerated in all countries, especially in the fourth quarter of 2025, particularly at the Group's headquarters in Vienna. RBI CEO Johann Strobl expressed his euphoria in a press release: "The very good business results for 2025 once again demonstrate RBI's earnings strength. We have achieved excellent results in all our core markets." Based on these figures, the Management Board intends to propose a dividend of EUR 1.60 per share at the Annual General Meeting on April 9, 2026.

The bank also said that the quality of its loan portfolio was good. The non-performing loan ratio was 1.7 percent (2024: 2.1 percent). The bank's risk costs also fell significantly, standing at €192 million at the end of 2025, down from €287 million in the previous year.

Raiffeisenbank International is doing particularly well in Eastern Europe.(Bild: AP/HELMUT FOHRINGER)

Business in Russia continues to be scaled back
RBI continues to operate in Russia. The group wants to give up its business there, but this is fraught with obstacles. Moscow must approve a sale, andthere is alsoa legal dispute. Business in Russia will continue to be scaled back. Since the start of the war in February 2022, Raiffeisenbank Russia's lending volume has fallen by 60 percent, according to the group. Customer deposits have also declined significantly in the nearly four years – down 40 percent. The reason for this is "decisive measures," such as no longer paying Russian customers interest on deposits. All targets for reducing business were met in 2025, RBI emphasized in its press release. The bottom line is that the bank posted a loss of €86 million in Russia.

Excluding the Russian business, the core capital ratio at the end of 2025 would have been 15.5 percent. In this calculation, the bank assumed a worst-case scenario in which the subsidiary in Russia would be completely separated from the parent company and lose its entire equity capital.

Outlook for 2026
For the current fiscal year, RBI expects – again excluding its Russian business – net interest income of EUR 4.4 billion and net commission income of EUR 2.1 billion. Loan growth is estimated at seven percent. The core capital ratio is expected to remain above 15 percent.