AMSTERDAM: Rabobank Group, the Netherlands’ biggest mortgage lender, is in talks to sell home-loan packages of at least 1 billion euros (US$1.1bil) each to Dutch pension funds and insurers amid a plan to shrink and cut costs.
“Our mortgages are our crown jewels,” Rogier Everwijn, the head of capital and secured products at the Utrecht-based bank, said in a recent interview. “We really don’t want to hold conversations for anything less than 1 billion euros.” The sales would probably be agreed in the first half of next year, he said.
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