Rabo confirms appetite for ECB funding, IFRS 9 relief

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By Tyler Davies
20 May 2020

Rabobank said on Wednesday that it would take advantage of various EU schemes of funding and capital support, as it provided the market with an ad hoc update on its financial position during the coronavirus pandemic.

Rabobank only issues financial reports on a semi-annual basis, with its next results statement scheduled for August 13.

But the Dutch lender decided to put out an interim update this week, giving investors new detail around its earnings expectations amid Covid-19.

In line with many of ...

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