Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3
In some cases the amounts stated deviate from the carrying
amounts because the outstanding equity instruments are not
included in the maximum credit risk.
Maximum gross credit risk Credit risk reduction
in millions of euros 2015 2014 2015 2014
Cash and balances at central banks 64,943 43,409 0% 0%
Loans and advances to banks 31,210 45,962 53% 58%
Derivatives 48,113 56,489 88% 87%
Loans and advances to customers 458,618 461,787 76% 77%
Available-for-sale financial assets 36,838 38,493 0% 2%
Subtotal 639,722 646,140 64% 67%
Credit related and contingent liabilities 62,285 53,647 18% 18%
Total 702,007 699,787 60% 63%
4.4.2 Lending
Rabobank has a significant market share in private sector
lending; these loans to private individuals account for 49% of
private sector lending.These loans have a low risk profile as
evidenced by the actual losses incurred, of 8.4 basis points.
In 2015, the proportion of the private sector lending allocable
to the food and agricultural sectors was 23%. At year-end 2015,
the proportion of private sector lending allocable to trade,
industry and services was 28%. The loans to trade, industry
and services and loans to the food and agricultural sectors
are spread over a wide range of industries in many different
countries. None of these shares represents more than 10% of
the total private sector lending.
in millions of euros
Total loans and advances to customers
Of which: to government clients
reverse repurchase transactions and securities borrowing
interest rate hedges (hedge accounting)
Loans to private clients
This can be broken down geographically as follows:
The Netherlands
Rest of Europe
North America
Latin America
Asia
Australia
Africa
Total
Breakdown of loans by business sector
Private individuals
Trade, industry and services
Food and agri
Total
2015
458,618
3,353
20,151
8,957
426,157
2014
461,787
2,135
18,295
11,626
429,731
313,895
27,563
42,098
12,741
9,400
20,116
344
426,157
100%
321,429
27,312
40,198
11,273
9,230
19,948
341
429,731
100%
207,867
120,463
97,827
426,157
23%
100%
210,788
126,904
92,039
429,731
49%
30%
21%
100%
195 Notes to the consolidated financial statements
