Jul 30, 2024 / NTS GMT
Operator
Good afternoon, ladies and gentlemen, and welcome to the Q2 2024 results conference call of Raiffeisen Bank International. Today's conference is being recorded.
At this time, I'd like to turn the conference over to Mr. Johann Strobl, Chief Executive Officer. Please go ahead, sir.
Johann Strobl - Raiffeisen Bank International AG - Chief Executive Officer
Good afternoon, ladies and gentlemen, and welcome to our half-year â24 update call. Thank you for taking the time to join us today, and I hope that you will enjoy your summer break once the current reporting window is over.
In the first half of the year, we can report a consolidated profit of EUR1.3 billion and more importantly, EUR604 million excluding the profits in Russia and Belarus. Our return on equity stands at 15% for the group and around 10% or 9%, sorry for excluding Russia and Belarus. Finally, the CET-1 ratio improves to 17.8% for the Group, largely driven by the appreciation in the quarter, and remains stable for the pyramid, excluding Russia and Belarus.
On slide 5, we can
Half Year 2024 Raiffeisen Bank International AG Earnings Call Transcript
Jul 30, 2024
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