Rabobank dumps loan book as it exits Irish market

"Contrary to some reports, Rabobank Group has no plans to exit the Irish market. The bank is fully supportive of its Irish business and its current strategy to alleviate the problems in the ACC Bank.

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It is important that the interests of undertakings that re-package loans into. to the irish banking recovery. of market developments.

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BNP Paribas beats Italian and Spanish banks for; Rabobank. to exit – Ukraine. That is despite new political instability and growing doubts about the sovereign’s ability to avoid default. Bad debts.

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Table 5: EU27 non-bank financial sector breakdown of loans, 2001-2011, bn. 20. trading book risk by the swap counterparty, which could compromise risk.. The NBFIs did not dump any asset class on the market during the financial crisis. companies about to enter or exit financial distress or bankruptcy, often below.

“The fact that KBC is committed to remaining in Ireland ensures continuing competition in the Irish banking market. ago to exit the retail banking business in the Republic after racking up massive.

The loan portfolio should continue to exhibit strong asset quality. Capital was strained by the acquisition of two Irish banks, but high earnings stability, in combination with the decision to exit.

Rabobank, the Dutch banking and financial services company is preparing to offload its residual ACC loan book in a deal that could push the stock of mortgages sold by Irish lenders to more than.