The Austrian Raiffeisen Bank International (RBI) reported a loss in the fourth quarter of 2024 due to provisions for legal costs in Russia. Business income amounted to 1.26 billion euros, an increase of 11.5% compared to the previous year. Net interest income rose by 1.3%, while income from fees and commissions decreased by the same percentage. RBI ended the fourth quarter with a loss of 926 million euros, compared to a profit of 278 million euros in 2023.
RBI faced losses due to legal costs in Russia.
