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Rabobank Annual Reports 2009

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Sort by: Interim Report 2010 Report 2009 Financial statements

Chairman’s foreword

Source: Interim Report 2010, chapter Chairmans foreword, page 6

Although the ongoing economic recovery remains fragile, a number of sectors of the Dutch economy are showing tentative signs of improvement.

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Chairman’s foreword

Source: Report 2009, chapter Chairman's foreword, page 6

The credit crisis and the recession that followed had a major impact on the financial sector. 2009 was a difficult year for banks and Rabobank did not escape the consequences either.

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Changing banking landscape

Source: Report 2009, chapter Banking in a changing environment, page 9

The Dutch banking landscape has not escaped the credit crisis unscathed.

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Stricter regulation

Source: Report 2009, chapter Banking in a changing environment, page 10

The Dutch Banking Association (NVB) has encouraged self-regulation by the banking sector with the introduction of its Banking Code.

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Limited economic recovery

Source: Report 2009, chapter Banking in a changing environment, page 10

The economic circumstances in which banks operate reached a low point in 2009.

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Greater strategic focus

Source: Report 2009, chapter Banking in a changing environment, page 10

The opportunities for expansion open to Rabobank Group have become more restricted than ever before.

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Chairman’s foreword

The credit crisis and the recession that followed had a major impact on the financial sector. 2009 was a difficult year for banks and Rabobank did not escape the consequences either. On a positive note, the local Rabobanks did manage to strengthen their position in the Dutch corporate and mortgage markets. They also attracted
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