DBRS confirms ratings Rabobank at AA, trend Stable
1 November 2018
On 1 November 2018 DBRS Ratings Limited (DBRS) confirmed Rabobank’s long-term issuer rating as well as its long-term senior debt and deposit rating at AA. The short-term issuer rating was confirmed at R-1 (high). The trend on all ratings remains Stable.
According to DBRS the confirmation of the ratings “takes into consideration the Group's leading franchise in the Netherlands and in food & agriculture financing. The ratings also incorporate the strong financial fundamentals of Rabobank, including a robust capital position and sound asset quality as well as the Group's strengthened funding profile and large liquidity buffers. Conversely the ratings also reflect Rabobank's still modest albeit improving profitability and efficiency levels.”.
Published: 1 November 2018, 16:30 CET
Elements of this press release are considered by Rabobank as inside information relating directly or indirectly to Rabobank within the meaning of article 7 of the Market Abuse Regulation (EU Regulation 596/2014) that is made public in accordance with article 17 Market Abuse Regulation.