Contents
Domestic retail banking
Real estate
Membership policy
Wholesale banking and international
retail banking
In 2006, the local Rabobanks strengthened their market leadership in the mortgages market
and maintained their dominant positions in both the savings market and in the small and
medium-sized enterprises sector. Rabobank invested a great deal in new distribution
channels, such as Rabo TV banking and Rabo Mobiel. Its ambition for 2007 is to expand its
market leadership positions further.
Rabobank's real estate division made a big leap
forward in 2006, especially with the acquisition of
parts of Bouwfonds, and is called Rabo Bouwfonds
from now on. In the Netherlands, Rabobank is
now the leader in real estate services, including
project development and real estate asset
management. The division reported strong
income growth, both organic and as a result of
acquisitions.
Rabobank's membership policy has entered a new phase, in which
besides strong member involvement, member loyalty is stimulated as
well. Approaches include leading initiatives in the area of cooperative
dividend and member benefit projects. In 2006, membership
reached a historical high of more than 1.6 million.
Rabobank International made a strong contribution to Group income.
The retail banking network was expanded further in the United
States. Also in 2006, the bank's third international Internet bank
was opened in New Zealand. Rabobank International has a global
presence in food agri and will expand its retail banking business
further in 2007.
2 Rabobank Group Annual Report 2006
