Rabobank’s balance sheet shrank almost 9% in 2017, as the value of its derivatives portfolio dropped in response to market movements.
A 40% decrease in the value of derivative contracts was the result of higher interest rates and various foreign exchange rate developments. Rabobank's total derivatives exposures at the end of 2017 were €25.5 billion ($31.4 billion), down from €42.4 billion at the end of 2016.
Overall, the Dutch bank’s balance sheet decreased by €59.6 billion. A reduction in