In 2016, Raiffeisenbank (Bulgaria) EAD reported a profit after tax of BGN 132.6 million. The loan portfolio grew by 5 per cent compared to a year earlier and stood at more than BGN 4 billion (31.12.2015: BGN 3.85 bln.). As of 31 December 2016, the NPL ratio was 6.5 per cent, compared to 8.1 per cent as of year-end 2015.

In 2016, Raiffeisen Bank International AG (RBI) generated a consolidated profit of € 463 million. “Considering the low-interest rate environment still putting pressure on our earnings, I am satisfied with the consolidated profit. We considerably improved our results in all regions. In particular, I would like to highlight Southeastern Europe, where the results could be increased by almost 40 per cent. On the country level, I am especially happy about the successful turnarounds in Hungary and Ukr

On 21 December 2016, Raiffeisen RESEARCH, an organizational unit of Raiffeisen Bank International AG (RBI), published its two capital market strategies “Central & Eastern European[1] Strategy“ and “Global Markets“ for the first quarter of 2017.

Thanks to the financial backing of the European Commission, EIF is providing a direct guarantee that will enable Raiffeisenbank (Bulgaria) to provide EUR 100 million worth of loans and Raiffeisen Leasing Bulgaria to provide EUR 50 million worth of leases to small and medium-sized enterprises (SMEs).

In the first three quarters of 2016, Raiffeisen Bank International Group (RBI) generated a profit before tax of € 746 million, which represents a year-on-year increase of 5.3 per cent or € 38 million. Operating income was down 5 per cent year-on-year, or € 190 million, to € 3,470 million.

The European Bank for Reconstruction and Development (EBRD) is extending a €50 million loan to Raiffeisen Leasing Bulgaria OOD, the country’s third largest leasing company, to widen local small and medium-sized enterprises’ (SMEs) access to finance.