Profile
Rabobank Group is an international financial service provider operating on the basis
of cooperative principles. It comprises 153 independent local Rabobanks and their
central organisation Rabobank Nederland and its subsidiaries. Rabobank Group
employs around 61,000 FTEs in 45 countries. Its operations include retail banking,
wholesale banking, asset management, leasing and real estate. It serves some 9.5
million clients around the world. In the Netherlands, its focus is on all-finance
services and, internationally, on food agri.The Rabobank Group entities have
strong internal ties, that stem from its cooperative roots.
Mission and ambition
The Rabobank values
Rabobank Group has the highest credit rating, Triple A, awarded by the well-known international rating
agencies Standard Poor's and Moody's. In terms of Tier I capital, Rabobank Group is among the world's
twenty largest financial institutions.
Local Rabobanks, Rabobank Nederland and Rabobank International
The independent local Rabobanks make up Rabobank Group's cooperative core business. Firmly rooted
in society, committed, near-by and a leader, each has its own work district. Clients can become members
of their local Rabobank. In turn, the local Rabobanks are members of Rabobank Nederland, the supralocal
cooperative organisation that advises and supports the banks in their local services. Rabobank Nederland
also supervises the operations, sourcing, solvency and liquidity of the local Rabobanks. With around
1,100 branches and nearly 3,100 cash dispensing machines, the local Rabobanks form the densest
banking network in the Netherlands. Together, they employ nearly 29,000 FTEs. In the Netherlands,
the local Rabobanks serve approximately 7.5 million clients, both private and corporate, offering a
comprehensive package of financial services.
Rabobank Nederland is the holding company of a number of specialised subsidiaries in the Netherlands
and abroad. Rabobank Nederland employs more than 6,000 FTEs. Rabobank International is Rabobank
Group's wholesale bank and international retail bank. It employs more than 15,000 FTEs world-wide and
has branches in 27 countries.
Rabobank Group works for the common interest of people and communities, with the objective to
achieve their present and future ambitions by supplying the best possible financial solutions and by
strengthening mutual collaboration. Based on its commitment, Rabobank Group aims to be a driver and
an innovator that contributes to the sustainable development of prosperity and well-being. Based on
this mission, Rabobank Group's ambition is to be the largest, best and most customer-driven and
innovative financial institution in the Netherlands.
In the international environment, Rabobank Group aspires to be the best food agri bank, with a
strong presence in the major food and agriculture countries. For this purpose, Rabobank Group uses the
expertise it has accumulated in the Netherlands over many years. In addition, Rabobank Group aims at
global excellence in sustainable entrepreneurship, as would befit its identity and position in society.
Rabobank Group works hard to embed corporate social responsibility in its core activities even further.
Rabobank's stance in the world is defined by core values that are derived from its mission and ambition:
respect, integrity, professionalism and sustainability. All Rabobank Group entities have endorsed these
core values as the preconditions for our actions.
16
Rabobank Group Annual Report 2008
