Organisational structure
Structure in the Netherlands
The 141 local Rabobanks in the Netherlands are Rabobank Group's cooperative core business.
Overall, the local Rabobanks employ about 27,000 FTEs. Committed, nearby and leading in
their service offering, they serve about 6.8 million retail clients and 800,000 corporate clients
in the Netherlands. With 911 branches, which operate 2,963 ATMs, Rabobank forms the
densest banking network in the Netherlands. The local Rabobanks seek to offer their clients
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 6,400 FTEs.
Global structure
Rabobank International is Rabobank Group's wholesale banking and international retail
banking division. It serves wholesale clients in and outside the Netherlands. Outside the
Netherlands, Rabobank International focuses on clients in the food and agribusiness,
and - via the foreign branch network - on Dutch clients operating internationally. Boasting a
network in 29 countries and about 593 business locations, Rabobank International is a well-
known player in the world's key markets. Counting the foreign subsidiaries, Rabobank
International has an employee base of about 15,200 FTEs. Rabo Development supports
the advancement of a banking infrastructure in six developing countries by taking 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.
Subsidiaries and associates
The subsidiaries and associates help to achieve Rabobank Group's objective of offering a
comprehensive range of financial services. The group entities are specialists in their fields
and seek to forge close ties in the customer's best interest.
Rabobank Group Organisation chart
10 million clients
1.8 million members
141 local Rabobanks
911 branches
Situation at31 December 2010
r
Rabobank Nederland
Executive Board - Supervisory Boarc
Support of
Rabobank
Staff functions
local Rabobanks
International
Rabobank Group
Retail clients
Food agribusiness
I CSR
Corporate clients
Wholesale banking
Rabobank Foundation
Private Banking
Rural retail banking
Investor Relations
Other support units
Direct Banking
Long Term Funding
Rabo Development
Other staff units
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Subsidiaries and associates
Asset management I Leasing
Robeco
Schretlen Co
Sarasin (69%)
Orbay
De Lage Landen
- Athlon Car Lease
- Freo
I Rabo Real Estate
Group
- Bouwfonds
Property
Development
- MAB Development
- FGH Bank
- Bouwfonds REIM
- Fondsenbeheer
Nederland
Insurance I Mortgages I Business I International
I I I retail
Eureko (31%)
- Interpolis
Obvion (70%)
Rembrandt
Fusies
Overnames
ACC Bank
Bank BGZ (59%)
I BancoTerra (31%)
I Banco Regional (40%)
I BPR (35%)
I NMB (35%)
I Zanaco (46%)
I URCB (9%)
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Profile of Rabobank Group