

Rabobank discloses IFRS 9 capital hit
Dutch lender Rabobank expects a cut to its capital ratio of 15 basis points as a result of fresh accounting standards for loans that kicked in this January.
Rabobank is the first non-UK bank to openly state that the new IFRS 9 impairment methodology will lead to higher loan loss allowances – estimated at €200 million ($246 million) – though other lenders have disclosed they do expect allowances to alter in future quarters.
Although the expected hit on the bank’s capital ratio will be
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