Rabobank passes European stress test

The European Central Bank (ECB) has today published the results of the stress test of more than 120 European banks, including Rabobank. This formed part of the comprehensive assessment that is being carried out before the supervision of the banking sector at a national level by De Nederlandsche Bank (DNB) is transferred to the ECB at a European level. The European supervisor wished to conduct this test in order to assess whether banks can withstand negative economic developments. Rabobank has passed this test, demonstrating that it continues to have a healthy capital buffer even under the most severe economic scenarios. The results of the stress test confirm the bank’s strong capital position.

As part of the comprehensive assessment, the ECB has scrutinised the balance sheets of more than 120 banks as at 31 December 2013 in an Asset Quality Review (AQR). The provisions Rabobank already made at the time of the 2014 interim figures mean a substantial part of the AQR results had already been processed. The results of the AQR do not have a material impact on the expected annual results.

For further information
Press Office Rabobank
René Loman
+31 30 21 62622