Profile of Rabobank Group
Rabobank Group is a financial services provider
operating on the basis of co-operative principles.
It offers a wide range of financial services and
products. Its origins are in the local loan co
operatives that were founded in the Netherlands
more than a century ago by enterprising people
who had virtually no access to external financing.
The local Rabobanks that evolved from this have
a long tradition, particularly in the agricultural
sector and in small and medium-sized enterprises.
Rabobank Group
Local Rabobanks and Rabobank Nederland
Mission and ambition
Rabobank Group comprises 188 independent local
co-operative Rabobanks with over 1,200 branches in the
Netherlands plus their central organisation Rabobank
Nederland and its (international) subsidiaries. Rabobank
serves more than 9 million private individuals and
corporate clients in the Netherlands and a growing
number abroad. It employs 56,000 staff and is represented
in 42 countries.
Rabobank Group has the highest credit rating (Triple A),
awarded by the well-known international rating agencies
Standard Poor's, Moody's and Dominion Bond Rating
Service. In terms of Tier I capital, the organisation is among
the world's twenty largest financial institutions.
The local Rabobanks and their clients make up Rabobank
Group's co-operative core business. Clients can become
members of their co-operative local Rabobank. In turn,
the local Rabobanks are members and shareholders of
Rabobank Nederland, the supralocal co-operative organisation
that advises the banks and supports their local services.
Rabobank Nederland also supervises, on behalf of the
Dutch central bank, the solvency, liquidity and administrative
organisation of the local Rabobanks.
Rabobank Nederland further acts as an (international)
wholesale bank and as a bankers' bank to the Group and
is the holding company of a large number of specialised
subsidiaries.
Rabobank Group combines the best of two worlds: the local
involvement and personal touch of the local Rabobanks with
the expertise and economies of scale of Rabobank
Nederland and its subsidiaries.
Rabobank puts the common interests of people and
communities first. Based on its commitment to those interests,
Rabobank aims to be a driver and an innovator that
contributes to the sustainable development of prosperity
and well-being. Its goal is to help people and communities
achieve their present and future ambitions. Strengthening
mutual collaboration and supplying the best possible
financial solutions are the means to achieve that end.
