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Good afternoon, ladies and gentlemen, and welcome to the Q3 2022 conference call of Rife Eisenbank International. Today's conference is being recorded. At this time, I would like to turn the conference over to Mr. Johann Strobel, Chief Executive Officer. Please go ahead, sir.

Thank you very much. Good afternoon, ladies and gentlemen, and welcome to our third quarter results presentation. Thank you for joining us today. We can again report very strong earnings, a strong capital position, and good loan growth, and of course, excellent management of risk in these uncertain times. Starting with the group consolidated results year to date, consolidated profit stands at 2.8 billion and record growth in core revenues. Our CT1 ratio improves to 14.6%, reflecting good RWA management in Russia in the third quarter. Despite all that is happening in Russia and Ukraine, we can report 8% loan growth so far this year, and in particular, loan growth coming from our core CE and SCE markets, while at the same time shrinking loan books in Russia and Belarus. As you well know, the results that we are reporting today include the full consolidation of our Russian subsidiary, which together with a strong Euro-Rubel rate has performed very well this year. As you perhaps also know, it is currently not possible for us to receive dividends from our Russian subsidiary. And this has implications on our capital steering approach, which I will discuss in a few minutes. If we turn to the next page, what we see is that the Russian business has been very strong, but I'm also satisfied with the rest of the group as it's delivering very nicely. If we exclude earnings from Russia, Belarus, but also the one-off gain from the disposal of Bulgaria, we have earned 822 million in the first nine months of 2022. which works out to an ROE of 11%. This has been driven by very good core revenues with nine months NII and NFCI up 38% and 18% respectively. As I just mentioned, we have grown the loan book nicely in our key markets, in particular in local currency terms. We have seen 11% growth in the Czech Republic, 18% in Hungary, 9% in Slovakia, and 22% in Romania. Going forward, however, we do expect loan demand to moderate. I mentioned our CT1 ratio on the previous slide at 14.6% as of Q3. Looking ahead to next year, we will increase our CTV1 target to 13.5% from January and to 14% by the end of the year. At the same time, we are also steering the bank so that the group CTV1 still remain above 13%, even if we have to deconsolidate Russia for zero, meaning we receive nothing for the equity. I won't say much on risk here, as Hannes will cover this extensively as always, but I simply wish to highlight that we have continued to build up our stock of risk overlays, which are now at 776 million euros, equal to 71 basis points of CT1.

If you look at the next slide, what you can see is