Rabobank Group sees profit increase in challenging times
We managed to meet our financial targets despite the current situation on the financial markets.
Profit continued to rise and returns remained stable. Net profit rose 12%, while return on equity stood at 10.7%.
The Group continued to have an extermely robust capital position, with a Tier 1 ratio of 11.2%. The effects of the persistent turmoil on the financial markets, which caused net profit to drop by EUR 529 million, were partially offset by higher interest income and also by a number of accidental income items.
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With this website, the Rabobank Group presents the Interim Report ’08. Using the RaboReport searcher in the left column, you can find the subject you are looking for within a few mouseclicks. After every click, the results will only show the sections of the report that contain your selected subject(s). This way, you can find the information quickly and from different angles. You can find a more elaborate explanation in ‘How does this report work?’
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