RBI"s consolidated profit for the first three quarters of 2024 was EUR 2.083 billion, slightly lower than the EUR 2.114 billion reported in the same period last year.

This reflects RBI"s strategy to manage risks in challenging markets and its plan to withdraw from Russia and Belarus. In the first quarter, RBI reduced its risk exposure in Russia by 23% and saw a 26% decrease in current account deposits compared to the previous quarter.

The adjusted consolidated profit, excluding contributions from Belarus and Russia, was EUR 856 million. The results also include provisions of EUR 493 million in Swiss franc and euro, indicating the bank"s cautious approach in light of geopolitical tensions.