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Financial results of domestic retail banking

Overview financial results of domestic retail banking (table).

Notes to financial results of domestic retail banking

Income up 5%. Operating expenses up 9%. Bad debt costs at 44 basis points. Regulatory capital down 2%.

Outlook for domestic retail banking

The Dutch economy is not expected to grow much in 2013. Government spending cuts and measures to regulate the housing market will weigh down the borrowing capacity of consumers.

Robust earnings despite challenging market

In spite of the poor economic climate, Rabobank Group’s wholesale banking and international rural and retail banking division had a good year in 2012.

1. Market leadership in the Netherlands

In the Netherlands, Rabobank International focuses on all market sectors; domestically, it is a broad service provider whose objective it is to serve Dutch wholesale clients as best and locally based as possible.

2. Leading role in global food and agribusiness

Rabobank has been active in the food and agribusiness for many years. The knowledge of this sector is more or less engrained in our DNA.

Sustainability initiatives

Sustainability is more and more becoming an integral part of Rabobank International’s core business.

Financing renewable energy

Rabobank International’s strategy has two areas of focus: the food and agribusiness, and international renewable energy finance.

Equator Principles

Rabobank has policies and procedures in place to guarantee that all transactions are assessed for the Equator Principles.

Increase in share of food and agri in lending

Total private sector lending at Rabobank International increased by 1% in 2012, rising to EUR 107.5 (106.6) billion. Loans to Dutch businesses saw a 10% increase to EUR 14.8 (13.5) billion.