Contents Introduction Management report Appendices Corporate governance Consolidated Financial Statements Company Financial Statements
Market share savings
40
31-12 31-12 31-12 31-12
2014 2015 2016 2017
Market share TIS
45
31-12 31-12 31-12 31-12
2014 2015 2016 2017
Loan impairment charges and write-offs mortgage loan portfolio
Loan impairment charges relating to residential mortgage loans amounted to
minus EUR 0.1 million (0 basis points) in 2017, which is lowerthan in 2016. Improved
asset quality helped keep loan impairment charges low, as shown by the positive
development of the non-performing loans ratio.
Residential mortgage loans
Amounts in millions of euros 31-12-2017 31-12-2016
Mortgage portfolio 193,110 195,909
Weighted-average LTV 69% 69%1
Non-performing loans (amount) 1,112 1,526
Non-performing loans (in of total mortgage loan portfolio) 0.58% 0.78%
More-than-90-days arrears 0.34% 0.48%
Share NHG portfolio 20.0% 20.6%
Loan impairment allowances 169 227
Coverage ratio based on non-performing loans 15% 15%
Loan impairment charges 0 9
Loan impairment charges (in basis points, including non-recurring effects) 0.0 0.5
Write-offs 77 119
Trade, industry and services
Rabobank's market share of lending to theTrade, industry services (TIS) sector
amounted to 39% (41%) in 2017 (measured by Rabobank's own surveys). Domestic
retail banking loans to the TIS sector decreased to EUR 57.7 (2016: 58.6) billion in 2017.
Food Agri
Domestic retail banking loans to the Food Agri sector amounted to EUR 27.0 (2016:
28.2) billion at 31 December 2017. This sector accounts for 10% (2016:10%) of the total
loan portfolio of the domestic retail banking business. Rabobank has had a stable market
share in the Dutch Food Agri sector for decades. With a share of 85.7% (2016: 84.2%)
in 2017, Rabobank is the most important financier in this sector. We have acquired this
position as a result of our agricultural roots and years of accumulated sector knowledge.
Deposits from customers increased by EUR 5.5 billion
The private savings market in the Netherlands grew 1% to EUR 339.4 (2016: 337.1)
billion in 2017. Rabobank's market share was 33.6% (33.5%)2. Deposits from customers
rose 2% to EUR 228.8 (2016: 223.3) billion. Private savings for domestic retail banking
increased EUR 0.8 billion to EUR 117.0 (2016:116.2) billion, notwithstanding the fact
that low saving rates on private saving triggered extra repayments on mortgage loans.
Other deposits from customers rose due to an increase in current accounts.
1 As a result of a change in the method for
determining the current indexed LTV, the
current LTV is not comparable to the LTV at
year-end 2016.
2 Source: Statistics Netherlands (Centraal
Bureau voor de Statistiek)
Increase in total insurance income
Rabobank offers retail and business customers a complete range of advisory services
and product solutions, including insurance. For insurance products, Achmea (via its
Interpolis brand) is Rabobank's most important strategic partner and supplier. Interpolis
is Rabobank's preferred supplier for the retail market and offers a wide range of non-
life, healthcare and life insurance policies for both private clients and businesses. In 2017,
total insurance income increased by 8.1 million or 3% to EUR 267.4 (2016: 259.3) million.
Rabobank Annual Report 2017 - Appendices
129
