The ratings on Rabobank Nederland--the trading name of Coöperative Centrale Raiffeisen-Boerenleenbank b.a.--reflect its extremely sound business and financial profiles, strong deposit base, and low risk profile. Liquidity remains strong. Rabobank Nederland (Rabobank) continues to work to bolster its strong market position in The Netherlands, despite intense competition. It is also focusing on improving its operating performance, limiting the cost of risk to very low levels, and maintaining high capitalization. Its main challenge is to find ways to expand internationally in its core business lines, and to widen its product range while maintaining a low-risk and stable earnings profile. Rabobank has little direct exposure to U.S. subprime activities, but is exposed to current market volatility through its holdings of structured assets
