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RBI's 2023 after-tax profit in Croatia rises to 105 mln euro

Jan 31, 2024, 11:05:27 AMArticle by Annie Tsoneva
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January 31 (SeeNews) - Raiffeisen Bank International (RBI) said on Wednesday that its after-tax profit from operations in Croatia increased to 105 million euro ($114 million) last year, from 43 million euro in 2022.

RBI's 2023 after-tax profit in Croatia rises to 105 mln euro
Raiffeisenbank Austria d.d. (RBA). Source: RBA

RBI's operating income in Croatia rose to 256 million euro in 2023 from 197 million euro a year earlier, RBI said in a financial report for 2023.

Net interest income from operations in Croatia reached 181 million euro last year, from 116 million euro in 2022, while net fee and commission income fell 15.7% on the year to 73 million euro.

General administrative expenses at RBI's Croatian unit totalled 125 million euro in 2023, down from 127 million euro in 2022.

($ = 0.924 euro)

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