Asset management and investment
Leasing
Real estate
Net profit up 62%
in millions of euros
2006
2007
Assets managed and
held in custody for
clients up 6%
in billions of euros
2006
2007
400
400
350
300
The asset management activities are handled by
Robeco, an asset manager with global operations,
as well as by the Swiss private bank Sarasin and by
Schretlen Co, the Dutch private bank for high
net-worth clients. Rabobank Group has a 46%
shareholding in Sarasin and a voting share of 69%.
In all, more than 3,600 people are employed in
Rabobank Group's asset management and
investment activities.
The favourable development in profit was the result of the
expansion of the Group's interests in Sarasin and Transtrend,
the divestments by Sarasin and the strong investment
performance of the Transtrend Diversified Trend Program.
The sustainable activities were expanded.
Net profit up 14%
in millions of euros
2006
2007
Loan portfolio
up 10%
in billions of euros
2006
2007
250
25
15
0 I
The Car Leasing and Financial Institutions units saw strong
growth. Despite the integration, car lease customers were
better satisfied with the services provided.
De Lage Landen's activities in the consumer loans market
now include the Freo label.
Rabobank's leasing activities are performed in
29 countries by De Lage Landen. Asset financing
products help producers, vendors and distributors
in offering their products in Europe, the Americas,
Asia/Pacific, Australia and New Zealand.
Also included in De Lage Landen is Athlon Car
Lease, an international supplier of operating car
leasing that operates in seven European countries.
In the Dutch heartland, De Lage Landen offers a
broad range of leasing and trade financing
products. Freo is De Lage Landen's new Internet
concept for simple loans. De Lage Landen employs
around 4,600 staff.
Net profit up 48%
in millions of euros
2006
2007
Loan portfolio up 31
in billions of euros
2006
2007
200
150
100
50 l
0
Rabo Bouwfonds had an excellent year. A great deal of
effort was spent on merging the various real estate units.
In the Netherlands, Rabo Bouwfonds strengthened its
position in the market for real estate financing.
The private and corporate real estate activities
are performed by Rabo Bouwfonds, a leading real
estate enterprise with three core activities focused
on real estate: development, finance and investment
management. Rabo Bouwfonds labels include
Bouwfonds Property Development, Rabo Vastgoed,
FGH Bank, Nederlandse Hypotheekbank, Rijnlandse
Hypotheekbank and Bouwfonds Asset Management.
Rabo Bouwfonds employs around 1,800 staff and
operates in several European countries.
3
Rabobank Group at a glance
