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Raiffeisenbank posts net profit of CZK 2.05bn for 2014

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Raiffeisenbank reported client loans totalling CZK 174bn for 2014, up 10% y/y. Client deposits grew by 12.3% to CZK 164.7bn. Net profit increased by 124% to CZK 2.05bn. The bank’s capital adequacy totalled 16.1%. Raiffeisenbank’s board of directors chairman Rudolf Rabiňák has stated that the bank has posted the second highest ever profit in its history. The result was driven e.g. by lowest costs and lowest creation of adjusting entries in four years.


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