raiffeisen bank international ag raised its fullyear guidance late wednesday after bumper income in its first nine months benefiting from higher interest rates the austrian bank one of the few western lenders still with a significant presence in russia raised its outlook for net interest income to around 48 billion euros 471 billion and net fee and commission income to about eur37 billion raiffeisen previously targeted between eur43 billion and eur47 billion for net interest income and fee income of more than eur27 billion the guidance upgrade came after the bank reported net profit in the nine months to the end of september of eur280 billion well up on the eur106 billion in the same period last year net interest income rose 53 to eur359 billion the bank said excluding russia and belarus it also rose 38 the viennabased bank said it expects stable loan volumes in the fourth quarter of 2022 with continued selective growth in central and southeastern europe however it said mediumterm targets for return on equity and its payout ratio are suspended due to the current uncertainties in eastern europe