By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's capital adequacy ratio reached 20.5% at the end of 2017, up from 20.2% compared to the previous year. ...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's capital adequacy ratio reached 20.5% at the end of 2017, up from 20.2% compared to the previous year. ...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's non-performing loans reached 13.1% of total loans at the end of 2017, down from 19.9% compared to the pr...
| Profit Statement | 2015 | 2016 | 2017 | |
| Net Interest Income | HRK mil | 1,033 | 988 | 913 |
| Net Fee Income | HRK mil | 462 | 437 | 469 |
| Other Income | HRK mil | 495 | 637 | 492 |
| Total Revenues | HRK mil | 1,990 | 2,062 | 1,874 |
| Staff Cost | HRK mil | 424 | 420 | 430 |
| Operating Profit | HRK mil | 759 | 185 | 662 |
| Provisions | HRK mil | 941 | 107 | 386 |
| Net Profit | HRK mil | -156 | 535 | 188 |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Interbank Loans | HRK mil | 955 | 1,332 | 894 |
| Customer Loans | HRK mil | 19,626 | 18,504 | 17,745 |
| Total Assets | HRK mil | 35,058 | 35,364 | 34,178 |
| Shareholders' Equity | HRK mil | 4,394 | 4,890 | 4,685 |
| Interbank Borrowing | HRK mil | 246 | 441 | 1,056 |
| Customer Deposits | HRK mil | 23,640 | 24,144 | 23,780 |
| Issued Debt Securities | HRK mil | 5,097 | 4,829 | 3,404 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | -3.28 | 11.5 | 3.93 |
| ROA | % | -0.440 | 1.52 | 0.541 |
| Costs (As % Of Assets) | % | 3.47 | 5.33 | 3.49 |
| Costs (As % Of Income) | % | 61.9 | 91.0 | 64.7 |
| Capital Adequacy Ratio | % | 19.3 | 20.2 | 20.5 |
| Net Interest Margin | % | 2.91 | 2.81 | 2.63 |
| Loans (As % Of Deposits) | % | 83.0 | 76.6 | 74.6 |
| NPLs (As % Of Loans) | % | ... | 19.9 | 13.1 |
| Provisions (As % Of NPLs) | % | ... | 64.4 | 77.8 |
| Growth Rates | 2015 | 2016 | 2017 | |
| Total Revenue Growth | % | -7.10 | 3.62 | -9.12 |
| Operating Cost Growth | % | -3.07 | 52.5 | -35.4 |
| Operating Profit Growth | % | -13.0 | -75.6 | 258 |
| Net Profit Growth | % | -143 | -443 | -64.9 |
| Customer Loan Growth | % | -9.89 | -5.72 | -4.10 |
| Total Asset Growth | % | -2.31 | 0.873 | -3.35 |
| Customer Deposit Growth | % | 0.480 | 2.13 | -1.51 |
| Shareholders' Equity Growth | % | -14.1 | 11.3 | -4.19 |
| Employees | 2,319 | 2,309 | 2,261 | |
Get all company financials in excel:
| summary | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||
| Net Interest Income | HRK mil | 1,341 | 1,227 | 1,203 | 1,182 | 1,033 | |||||||||||
| Total Revenues | HRK mil | 2,081 | 2,053 | 2,084 | 2,142 | 1,990 | |||||||||||
| Operating Profit | HRK mil | 794 | 831 | 876 | 872 | 759 | |||||||||||
| Net Profit | HRK mil | 302 | 336 | 309 | 361 | -156 | |||||||||||
| balance sheet | |||||||||||||||||
| Interbank Loans | HRK mil | 1,851 | 2,060 | 1,622 | 1,428 | 955 | |||||||||||
| Customer Loans | HRK mil | 27,049 | 24,513 | 23,812 | 21,780 | 19,626 | |||||||||||
| Debt Securities | HRK mil | 4,682 | 5,067 | 4,493 | 6,634 | 7,602 | |||||||||||
| Total Assets | HRK mil | 41,184 | 38,468 | 36,152 | 35,887 | 35,058 | |||||||||||
| Shareholders' Equity | HRK mil | 5,820 | 5,529 | 5,529 | 5,117 | 4,394 | |||||||||||
| Interbank Borrowing | HRK mil | 766 | 588 | 543 | 302 | 246 | |||||||||||
| Customer Deposits | HRK mil | 23,245 | 22,840 | 21,672 | 23,527 | 23,640 | |||||||||||
| Issued Debt Securities | HRK mil | 9,562 | 7,682 | 6,923 | 5,809 | 5,097 | |||||||||||
| ratios | |||||||||||||||||
| ROE | % | 5.15 | 5.92 | 5.59 | 6.78 | -3.28 | |||||||||||
| ROA | % | 0.717 | 0.844 | 0.828 | 1.00 | -0.440 | |||||||||||
| Costs (As % Of Assets) | % | 3.06 | 3.07 | 3.24 | 3.53 | 3.47 | |||||||||||
| Costs (As % Of Income) | % | 61.8 | 59.5 | 58.0 | 59.3 | 61.9 | |||||||||||
| Capital Adequacy Ratio | % | 16.7 | 17.1 | 17.7 | 18.9 | 19.3 | |||||||||||
| Net Interest Margin | % | 3.19 | 3.08 | 3.22 | 3.28 | 2.91 | |||||||||||
| Interest Income (As % Of Revenues) | % | 64.4 | 59.8 | 57.7 | 55.2 | 51.9 | |||||||||||
| Fee Income (As % Of Revenues) | % | 19.8 | 16.7 | 16.8 | 18.1 | 23.2 | |||||||||||
| Staff Cost (As % Of Total Cost) | % | 33.9 | 33.6 | 34.1 | 33.5 | 34.4 | |||||||||||
| Equity (As % Of Assets) | % | 14.1 | 14.4 | 15.3 | 14.3 | 12.5 | |||||||||||
| Loans (As % Of Deposits) | % | 116 | 107 | 110 | 92.6 | 83.0 | |||||||||||
| Loans (As % Assets) | % | 65.7 | 63.7 | 65.9 | 60.7 | 56.0 | |||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 12.2 | 16.0 | 14.7 | 16.2 | ... | |||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 46.6 | 46.6 | 60.6 | 66.5 | ... | |||||||||
| valuation | |||||||||||||||||
| Book Value Per Share Growth | % | ... | 2.37 | -8.50 | -1.96 | -1.75 | -12.6 |
| income statement | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | |||||||||||||||||
| Interest Income | HRK mil | 2,379 | 2,146 | 1,856 | 1,732 | 1,452 | |||||||||||
| Interest Cost | HRK mil | 1,038 | 919 | 653 | 550 | 419 | |||||||||||
| Net Interest Income | HRK mil | 1,341 | 1,227 | 1,203 | 1,182 | 1,033 | |||||||||||
| Net Fee Income | HRK mil | 413 | 342 | 350 | 388 | 462 | |||||||||||
| Other Income | HRK mil | 327 | 484 | 531 | 572 | 495 | |||||||||||
| Total Revenues | HRK mil | 2,081 | 2,053 | 2,084 | 2,142 | 1,990 | |||||||||||
| Staff Cost | HRK mil | 436 | 411 | 412 | 426 | 424 | |||||||||||
| Depreciation | HRK mil | 290 | 244 | 220 | 200 | 153 | |||||||||||
| Other Cost | HRK mil | 561 | 567 | 576 | 644 | 654 | |||||||||||
| Operating Cost | HRK mil | 1,287 | 1,222 | 1,208 | 1,270 | 1,231 | |||||||||||
| Operating Profit | HRK mil | 794 | 831 | 876 | 872 | 759 | |||||||||||
| Provisions | HRK mil | 407 | 407 | 492 | 407 | 941 | |||||||||||
| Extra and Other Cost | HRK mil | 0 | 0 | 0 | 0 | 0 | |||||||||||
| Pre-Tax Profit | HRK mil | 387 | 424 | 384 | 465 | -182 | |||||||||||
| Tax | HRK mil | 82.0 | 85.0 | 89.0 | 101 | -32.0 | |||||||||||
| Minorities | HRK mil | 3.00 | 3.00 | -14.0 | 3.00 | 6.00 | |||||||||||
| Net Profit | HRK mil | 302 | 336 | 309 | 361 | -156 | |||||||||||
| growth rates | |||||||||||||||||
| Net Interest Income Growth | % | ... | 2.37 | -8.50 | -1.96 | -1.75 | -12.6 | ||||||||||
| Net Fee Income Growth | % | ... | -6.35 | -17.2 | 2.34 | 10.9 | 19.1 | ||||||||||
| Total Revenue Growth | % | ... | -15.3 | -1.35 | 1.51 | 2.78 | -7.10 | ||||||||||
| Operating Cost Growth | % | ... | -12.7 | -5.05 | -1.15 | 5.13 | -3.07 | ||||||||||
| Operating Profit Growth | % | ... | -19.1 | 4.66 | 5.42 | -0.457 | -13.0 | ||||||||||
| Pre-Tax Profit Growth | % | ... | -27.0 | 9.56 | -9.43 | 21.1 | -139 | ||||||||||
| Net Profit Growth | % | ... | -28.9 | 11.3 | -8.04 | 16.8 | -143 | ||||||||||
| market share | |||||||||||||||||
| Market Share in Revenues | % | 12.9 | 13.8 | 14.5 | 14.8 | 13.7 | |||||||||||
| Market Share in Net Profit | % | 7.98 | 12.3 | 65.2 | 26.2 | ... | |||||||||||
| Market Share in Employees | % | ... | ... | 10.9 | 10.9 | 10.5 | 11.0 | 11.1 | |||||||||
| Market Share in Branches | % | ... | ... | 5.77 | 5.82 | 5.73 | 5.86 | 5.96 |
| balance sheet | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | |||||||||||||||||
| Cash | HRK mil | 5,139 | 4,571 | 3,845 | 3,797 | 4,614 | |||||||||||
| Interbank Loans | HRK mil | 1,851 | 2,060 | 1,622 | 1,428 | 955 | |||||||||||
| Customer Loans | HRK mil | 27,049 | 24,513 | 23,812 | 21,780 | 19,626 | |||||||||||
| Retail Loans | HRK mil | 12,193 | 11,614 | 11,477 | 12,073 | 11,741 | |||||||||||
| Corporate Loans | HRK mil | 15,506 | 14,015 | 13,943 | 11,573 | 9,992 | |||||||||||
| Debt Securities | HRK mil | 4,682 | 5,067 | 4,493 | 6,634 | 7,602 | |||||||||||
| Fixed Assets | HRK mil | 1,798 | 1,657 | 1,748 | 1,711 | 1,677 | |||||||||||
| Total Assets | HRK mil | 41,184 | 38,468 | 36,152 | 35,887 | 35,058 | |||||||||||
| Shareholders' Equity | HRK mil | 5,820 | 5,529 | 5,529 | 5,117 | 4,394 | |||||||||||
| Of Which Minority Interest | HRK mil | 77.0 | 80.0 | 62.0 | 65.0 | 68.0 | |||||||||||
| Liabilities | HRK mil | 35,364 | 32,939 | 30,623 | 30,770 | 30,664 | |||||||||||
| Interbank Borrowing | HRK mil | 766 | 588 | 543 | 302 | 246 | |||||||||||
| Customer Deposits | HRK mil | 23,245 | 22,840 | 21,672 | 23,527 | 23,640 | |||||||||||
| Retail Deposits | HRK mil | 14,285 | 14,594 | 14,019 | 15,053 | 14,846 | |||||||||||
| Corporate Deposits | HRK mil | 8,960 | 8,246 | 7,653 | 8,474 | 8,794 | |||||||||||
| Sight Deposits | HRK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 11,015 | ||
| Term Deposits | HRK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 12,625 | ||
| Issued Debt Securities | HRK mil | 9,562 | 7,682 | 6,923 | 5,809 | 5,097 | |||||||||||
| Other Liabilities | HRK mil | 1,791 | 1,829 | 1,485 | 1,132 | 1,681 | |||||||||||
| asset quality | |||||||||||||||||
| Non-Performing Loans | HRK mil | ... | ... | 3,490 | 4,238 | 3,845 | 3,962 | ... | |||||||||
| Gross Loans | HRK mil | 28,677 | 26,488 | 26,143 | 24,413 | 22,449 | |||||||||||
| Total Provisions | HRK mil | 1,628 | 1,975 | 2,331 | 2,633 | 2,823 | |||||||||||
| growth rates | |||||||||||||||||
| Customer Loan Growth | % | ... | 1.86 | -9.38 | -2.86 | -8.53 | -9.89 | ||||||||||
| Retail Loan Growth | % | ... | -0.066 | -4.75 | -1.18 | 5.19 | -2.75 | ||||||||||
| Corporate Loan Growth | % | ... | 6.57 | -9.62 | -0.514 | -17.0 | -13.7 | ||||||||||
| Total Asset Growth | % | ... | -4.24 | -6.59 | -6.02 | -0.733 | -2.31 | ||||||||||
| Shareholders' Equity Growth | % | ... | -1.42 | -5.00 | 0 | -7.45 | -14.1 | ||||||||||
| Customer Deposit Growth | % | ... | 3.70 | -1.74 | -5.11 | 8.56 | 0.480 | ||||||||||
| Retail Deposit Growth | % | ... | 6.15 | 2.16 | -3.94 | 7.38 | -1.38 | ||||||||||
| Corporate Deposit Growth | % | ... | 0.022 | -7.97 | -7.19 | 10.7 | 3.78 | ||||||||||
| market share | |||||||||||||||||
| Market Share in Customer Loans | % | 10.7 | 10.4 | 10.2 | 9.49 | 8.82 | |||||||||||
| Market Share in Corporate Loans | % | 13.9 | 14.5 | 14.6 | 12.6 | 11.4 | |||||||||||
| Market Share in Consumer Loans | % | 9.52 | 9.20 | 9.29 | 9.87 | 9.75 | |||||||||||
| Market Share in Total Assets | % | 9.88 | 9.37 | 8.71 | 8.56 | 8.42 | |||||||||||
| Market Share in Customer Deposits | % | 10.5 | 10.1 | 9.17 | 9.63 | 9.20 | |||||||||||
| Market Share in Retail Deposits | % | 8.38 | 8.20 | 7.82 | 8.22 | 7.91 | |||||||||||
| Market Share in Corporate Deposits | % | ... | ... | 18.6 | 18.3 | 18.1 | 19.4 | 16.6 |
| ratios | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| ratios | |||||||||||||||||
| ROE | % | 5.15 | 5.92 | 5.59 | 6.78 | -3.28 | |||||||||||
| ROA | % | 0.717 | 0.844 | 0.828 | 1.00 | -0.440 | |||||||||||
| Costs (As % Of Assets) | % | 3.06 | 3.07 | 3.24 | 3.53 | 3.47 | |||||||||||
| Costs (As % Of Income) | % | 61.8 | 59.5 | 58.0 | 59.3 | 61.9 | |||||||||||
| Capital Adequacy Ratio | % | 16.7 | 17.1 | 17.7 | 18.9 | 19.3 | |||||||||||
| Tier 1 Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 17.1 | 17.7 | 17.1 | 15.9 | ||
| Net Interest Margin | % | 3.19 | 3.08 | 3.22 | 3.28 | 2.91 | |||||||||||
| Interest Spread | % | ... | 2.79 | 2.70 | 2.92 | 3.02 | 2.73 | ||||||||||
| Asset Yield | % | 5.65 | 5.39 | 4.97 | 4.81 | 4.09 | |||||||||||
| Cost Of Liabilities | % | ... | 2.86 | 2.69 | 2.05 | 1.79 | 1.36 | ||||||||||
| Interest Income (As % Of Revenues) | % | 64.4 | 59.8 | 57.7 | 55.2 | 51.9 | |||||||||||
| Fee Income (As % Of Revenues) | % | 19.8 | 16.7 | 16.8 | 18.1 | 23.2 | |||||||||||
| Other Income (As % Of Revenues) | % | 15.7 | 23.6 | 25.5 | 26.7 | 24.9 | |||||||||||
| Cost Per Employee | USD per month | ... | ... | 2,838 | 2,487 | 2,645 | 2,570 | 2,287 | |||||||||
| Cost Per Employee (Local Currency) | HRK per month | ... | ... | 15,183 | 14,550 | 15,098 | 15,243 | 15,237 | |||||||||
| Staff Cost (As % Of Total Cost) | % | 33.9 | 33.6 | 34.1 | 33.5 | 34.4 | |||||||||||
| Equity (As % Of Assets) | % | 14.1 | 14.4 | 15.3 | 14.3 | 12.5 | |||||||||||
| Loans (As % Of Deposits) | % | 116 | 107 | 110 | 92.6 | 83.0 | |||||||||||
| Loans (As % Assets) | % | 65.7 | 63.7 | 65.9 | 60.7 | 56.0 | |||||||||||
| NPLs (As % Of Loans) | % | ... | ... | 12.2 | 16.0 | 14.7 | 16.2 | ... | |||||||||
| Provisions (As % Of NPLs) | % | ... | ... | 46.6 | 46.6 | 60.6 | 66.5 | ... | |||||||||
| Provisions (As % Of Loans) | % | 6.02 | 8.06 | 9.79 | 12.1 | 14.4 | |||||||||||
| Cost of Provisions (As % Of Loans) | % | 1.52 | 1.58 | 2.04 | 1.79 | 4.55 |
| other data | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | |||||||||||||||||
| Branches | ... | ... | 73.0 | 73.0 | 70.0 | 70.0 | 70.0 | ||||||||||
| Employees | ... | ... | 2,393 | 2,354 | 2,274 | 2,329 | 2,319 | ||||||||||
| Clients | mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.479 | 0.476 | ... | ... | ... | ... |
| Sight (As % Of Customer Deposits) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 46.6 | ||
| Risk-Weighted Assets | HRK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's non-performing loans reached 13.1% of total loans at the end of 2017, down from 19.9% compared to the previous year. Historically, the NPL ratio hit an all time high of 19.9% in 2016 and an all time low of 1.92% in 2004. Provision c...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia made a net profit of HRK 188 mil under revenues of HRK 1,874 mil in 2017, up -64.9% and -9.12% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of HRK 535 mil in 2016 and an all time low of ...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia made a net profit of HRK 188 mil under revenues of HRK 1,874 mil in 2017, up -64.9% and -9.12% respectively compared to the previous year. Historically, the bank’s net profit reached an all time high of HRK 535 mil in 2016 and an all time low of ...
By Helgi Library - July 16, 2018
Raiffeisenbank Croatia generated total banking revenues of HRK 1,874 mil in 2017, down 9.12% compared to the previous year. Croatian banking sector banking sector generated total revenues of HRK 16,001 mil in 2017, down 1.51% when compared to the last...
By Helgi Library - July 16, 2018
Raiffeisenbank Croatia generated total banking revenues of HRK 1,874 mil in 2017, down 9.12% compared to the previous year. Croatian banking sector banking sector generated total revenues of HRK 16,001 mil in 2017, down 1.51% when compared to the last...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's net interest margin amounted to 2.63% in 2017, down from 2.81% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.28% in 2014 and an all time low of 2.14% in 2004. The avera...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's net interest margin amounted to 2.63% in 2017, down from 2.81% compared to the previous year. Historically, the bank’s net interest margin reached an all time high of 3.28% in 2014 and an all time low of 2.14% in 2004. The avera...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia employed 2,261 persons in 2017, down 2.08% when compared to the previous year. Historically, the bank's workforce hit an all time high of 2,589 persons in 2008 and an all time low of 1,564 in 2004. Average cost reached USD 2,359 per month p...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia employed 2,261 persons in 2017, down 2.08% when compared to the previous year. Historically, the bank's workforce hit an all time high of 2,589 persons in 2008 and an all time low of 1,564 in 2004. Average cost reached USD 2,359 per month p...
By Helgi Library - July 4, 2018
Raiffeisenbank Croatia's customer deposits reached HRK 23,780 mil in 2017, down 1.51% compared to the previous year. Croatian banking sector accepted customer deposits of HRK 273 bil in 2017, up 2.57% when compared to the last year. Raiffeisenbank Croatia...
Raiffeisenbank Austria Zagreb (or Raiffeisenbank Croatia) is the fifth largest bank in Croatia with a 9% market share by assets. From a greenfield start-up back in 1994 as the first foreign bank in the country, the bank has grown into a significant player serving more than 475,000 clients through 76 branches. The Bank offers a typical range of banking services and products for retail as well as corporate segment, but provides also investment banking and treasury services, asset management, private banking, or leasing, for example. The Bank is effectively a 100% subsidiary of Raiffeisen Bank International AG (RBI), which is one of the biggest players in the emerging Europe. The bank now operates in 17 different countries, employes about 60,000 people and services approximatelly 14.4 million customers through more than 3,100 branches.
Raiffeisenbank Croatia has been growing its revenues and asset by 0.243% and -1.79% a year on average in the last 10 years. Its loans and deposits have grown by -2.96% and 0.137% a year during that time and loans to deposits ratio reached 74.6% at the end of 2017. The company achieved an average return on equity of 5.96% in the last decade with net profit growing -9.10% a year on average. In terms of operating efficiency, its cost to income ratio reached 64.7% in 2017, compared to 63.7% average in the last decade.
Equity represented 13.7% of total assets or 26.4% of loans at the end of 2017. Raiffeisenbank Croatia's non-performing loans were 13.1% of total loans while provisions covered some 77.8% of NPLs at the end of 2017.
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