Raiffeisen's Q3 earnings boosted by higher fees, commissions

Raiffeisen Bank International AG

30/10/2025 10:20

Oct 30 (Reuters) - Austrian lender Raiffeisen RBIV.VI reported third-quarter earnings which beat market expectations on Thursday, helped by higher net fees and commissions.

The Vienna-based bank reported a third quarter operating profit, excluding its Russian business, of 785 million euros ($915 million), above expectations of 742 million euros according to a company-provided poll.

Raiffeisen's stock rose 3% at 0947 GMT.

Raiffeisen registered a net loss in its Russian business of 118 million euros for the first nine months of the year. That business was impacted by a compensation payment in Russia to Russian investment company Rasperia.

Raiffeisen's unit in Russia is the biggest lender in the country not subject to Western sanctions, making it of critical importance for trade payments with Russia including gas exports to Europe.

The company said that it is continuing to scale back the business, however. Its local branch's loan volume has reduced from 13.7 billion euros to 4.5 billion euros since the beginning of Moscow's war in Ukraine.

Raiffeisen has been looking to sell a stake in the business to a local buyer in the hope that Moscow would lift a block on it repatriating billions in profits. It is also under U.S. and EU pressure to pare back its Russian activity.

($1 = 0.8575 euros)

 (Reporting by Tristan Veyet in Gdansk, Alexandra Schwarz-Goerlich in Vienna; Editing by Matt Scuffham)

 ((Tristan.Chabba@thomsonreuters.com;))