April 1, 2025 (NO COMMENTS)

Rabobank sharply increased climate risk overlays to loan-loss allowances during 2024 – among the most visible actions by European banks seeking to quantify the credit threat from environmental factors.

The Dutch lender added €110 million ($119 million) to modelled provisions to cover various risks from extreme weather and decarbonisation policies, up from just €65 million at end-2023.