Raiffeisen Bank International AG provided earnings guidance for the full year 2012. The company expects full year pre-tax profit to be slightly above EUR 1 billion against EUR 1.4 billion in 2011 and consolidated profit of over EUR 700 million against EUR 968 million a year ago. After earning a consolidated profit of EUR 842 million in the first nine months, the economic environment in the fourth quarter of 2012 proved to be more challenging.

Net trading income was impacted by a one-off effect due to IFRS guidelines relating to Credit Valuation Adjustments on derivatives around minus EUR 30 million. As a result net trading income in the fourth quarter made no contribution to profit.