Rabobank Group

At Rabobank, we always provide our investors with the most up-to-date information. The links on this page will take you to presentations of our latest financial results, as well as our most recent Investor Presentation, which contains details of our structure, strategy, funding programmes and most recent results.

Interim results 2011

Although there was more uncertainty about the debts of several countries, the first half of 2011 was characterised by ongoing economic recovery in  the Netherlands. Exports were up because of a rise in global demand and the Dutch economy grew slowly but surely. Businesses showed a tentative tendency towards resuming their capital expenditures.
Total private sector lending was up 1% to EUR 440.9 billion as a result. As consumers continued to deposit savings, amounts due to customers increased by 2% to EUR 305.4 billion at group level. Fuelled by higher interest income and a rise in other income, Rabobank Group’s net profit increased by 13% in the first half of 2011, to EUR 1,854 million. Return on equity stood at 10.8%. The tier 1 ratio was up 0.5 percentage points, reaching 16.2%, because of retained earnings and the issueing of hybrid capital. Bad debt costs saw a moderate increase; as a percentage of average lending, these were virtually stable at 29 basis points of average lending. The net profit growth caused RAROC to rise by 2.0 percentage points to 16.8%. The efficiency ratio stood at 59.7% and equity was up 4%, rising to EUR 42.5 billion.