Distribution of private savings of
RaboDirect
in billions of euros
31-12 31-12 31-12 31-12 31-12
2010 2011 2012 2013 2014
v
Germany
Ireland
Belgium
Australia and New Zealand
Rabobank Indonesia
In 2014, it was decided that the strategic focus of Rabobank Indonesia should be more directed
at the food and agri sector. This strategic reorientation will involve a significant reorganisation,
with a decline in the branch network from 89 to around 35 branches. The head office will also
be reorganised. The workforce will be more or less halved as a result of this in 2015.
Amounts due to customers
At the wholesale banking and international retail banking division, amounts due to customers
rose by EUR 7.3 billion in 2014 to EUR 115.8 (108.5) billion.This includes the private savings
in our internet savings banks in Belgium, Germany, Ireland, Australia and New Zealand. At these
banks private savings rose 5% in 2014 to EUR 30.4 (29.1billion and the number of customers
amounted to 788,000 (751,000).
The private savings entrusted to RaboDirect are used for the funding of the international rural
and retail banking business and for other divisions of Rabobank Group. By raising funds in
countries outside the Netherlands, Rabobank broadens its funding base. At the end of 2014,
private savings at RaboDirect accounted for 21% (19%) of private savings held at Group level.
Loan portfolio by sector
in billions of euros
31-12 31-12 31-12 31-12 31-12
2010 2011 2012 2013 2014
Food and agri
TIS
Private individuals
More food and agri in the Wholesale, Rural Retail portfolio
Partly due to currency effects, the total private sector loan portfolio of the wholesale banking
and international retail banking division rose 8% in 2014 to EUR 95.2 (87.8) billion.The volume
of lending provided to the food and agri sector amounted to EUR 54.9 (49.5) billion and thus
accounted for 58% (56%) of the total loan portfolio. The total amount of the loans provided by
the bank to the trade, industry and services (TIS) sectors amounted to EUR 36.7 (34.7) billion
and loans to private individuals amounted to EUR 3.6 (3.6) billion.
Lending to Dutch companies increased by 8% to EUR 13.1 (12.1) billion. The other part of the
loan portfolio was provided to businesses outside the Netherlands, with EUR 46.9 (44.6) billion
to wholesale customers outside the Netherlands and EUR 35.2 (31.1) billion to rural and retail
customers outside the Netherlands.
Loan portfolio by region
at year-end 2014
V
I North America 32%
I Australia and New Zealand 20%
Europe (excluding the Netherlands) 15%
I The Netherlands 14%
I Latin America 10%
Asia 9%
67 Rock-solid bank: performance
