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Bankverklaring Rabobank Form

Bankverklaring Rabobank Form

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Our financial performance was strong and can be explained by looking at two key drivers. First off, we benefited from strongly rising interest rates so finally back to normal after a long period of negative rates. This influences the performance of banks positively and resulted in a strong increase of our net interest income. Secondly, in the context of current market dynamics our loan impairments remained modest, showing the quality of our loan portfolio. However, we also felt margin pressure on part of our lending business and high inflation impacted global demand for loans. In this environment, our total loan portfolio remained stable. All in all, sound performance led to a strong net result of more than two and a half billion euro. Well, so far, 2023 has been demanding. Political tensions, rising inflation and interest rates created a challenging environment for society and our clients. It's only logical that people ask what to do with their money. In that respect, I&#3

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