...Strong Business and Risk Profiles: Cooperatieve Rabobank U.A.'s ratings are underpinned by its leading market position in the Netherlands, complemented by solid franchises in global food and agriculture (F&A) and leasing, a conservative risk profile, strong capitalisation and diversified funding. Large Resolution Debt Buffer: The Long-Term Issuer Default Rating (IDR) is one notch above the Viability Rating (VR), reflecting Rabobank's large resolution debt buffer, which Fitch Ratings expects to be maintained above 10% but below 15% of risk-weighted assets (RWAs). Leading Domestic Franchise: Rabobank is a cooperative bank, mainly operating a traditional retail and SME banking business model in the Netherlands. It is one of three leading domestic banks, which translates into some pricing power and stable earnings. Its business profile is supported by good international diversification, mainly leveraging on its well-entrenched global footprint in the F&A business that benefits from its century-long...
