VIENNA (Reuters) – Austria’s Raiffeisen Bank International (RBI), one of the banks in Europe most exposed to Russia, on Monday said its second-quarter profit more than tripled after booking a gain from the sale of its Bulgarian subsidiary.
The bank’s consolidated profit rose to 1.27 billion euros ($1.30 billion), up from 396 million in the same period last year, it said, adding first-half results included a 453 million gain from the sale of RBI’s Bulgarian unit.
(Reporting by Alexandra Schwarz-Goerlich; Writing by Christoph Steitz; Editing by Chris Reese)
