Profile of Rabobank Group
Rabobank Group is an international financial services provider operating
on the basis of cooperative principles. It offers retail banking, wholesale
banking, asset management, leasing and real estate services. Focus is on
all-finance services in the Netherlands and on food and agribusiness inter
nationally. Rabobank Group is comprised of independent local Rabobanks
plus Rabobank Nederland, their umbrella organisation, and a number of
specialist subsidiaries. The group entities maintain strong mutual ties.
Rabobank Group's total employee base numbers about 59,000 FTEs,
who serve about 9.5 million clients in 48 countries.
In terms of tier 1 capital, Rabobank Group is among the world's 25 largest financial institutions.
Rabobank Group has the highest credit rating (triple A), awarded by rating agencies Standard
Poor's, Moody's Investor Service and DBRS.
Rabobank
The 147 local Rabobanks in the Netherlands are Rabobank Group's cooperative core business.
Together, they employ approximately 28,000 FTEs. Committed, nearby and leading in their
service offering, they serve about 6.7 million retail clients and about 0.8 million corporate
clients in the Netherlands, offering a comprehensive range offinancial services. With 1,010
branches, which operate 3,063 cash-dispensing machines, Rabobank forms the densest banking
network in the Netherlands. The local Rabobanks seeks to offer their customers the best
possible services by leveraging different distribution channels, including the branch network,
and online and telephone services. Rooted in the bank's cooperative structure, clients can
become members of their local Rabobank. The local Rabobanks, for their part, are members
and shareholders of Rabobank Nederland, the umbrella cooperative that supports their local
service provision.
Rabobank Nederland monitors, on behalf of the Dutch Central Bank (DNB), the business
practices, outsourcing, solvency and liquidity of the local Rabobanks. It also acts as the holding
company of a number of specialist subsidiaries, both in the Netherlands and abroad. Rabobank
Nederland has an employee base of about 6,200 FTEs.
Rabobank International - the wholesale banking and international retail banking divisions
of Rabobank Group - has an employee base of about 14,500 FTEs, including the foreign
subsidiaries. Boasting a network in 30 countries and 528 foreign places of business, Rabobank
International is a well-known player in the world's key markets.
Rabo Development supports the advancement of a banking infrastructure in developing
countries by acquiring non-controlling interests in rural banks and offering them expertise
and human capital.
Rabobank Foundation helps vulnerable and underprivileged groups in and outside the
Netherlands by contributing funds, human resources and knowledge.
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Report 2009 Rabobank Group
