Distribution of wholesale banking income Strategy for Rabobank International A decision was made to integrate the management of Rabobank Nederland and Rabobank International at the end of 2013. Rabobank wishes to operate as one bank, both in the Netherlands and abroad. Accordingly, Rabobank International will no longer continue to operate as a separately managed division; it will be an integral part of Rabobank Nederland. As a result of this measure, there will be a new top structure for Rabobank Group. The staff services and departments of Rabobank International and Rabobank Nederland will be combined in this new structure, which will be elaborated further in 2014. The strategy of Rabobank International is unchanged. For the international wholesale banking division, the strengthening of market leadership in the Netherlands and fulfilling a leading role in the international food and agri sector will remain the main priorities.There will also be a focus on synergy between business lines.The rural and retail banking division has a strict focus on food and agri; the principle for the rural banks is that at least 95% of the portfolio should consist of food and agri, and for the retail banks, that 40-50% of the portfolio should consist of food and agri. A certain degree of scale is needed to ensure an optimal cost and quality standard for the products concerned. Specialist knowledge will therefore be deployed for a wider customer group. Market leadership in the Netherlands In the Netherlands, Rabobank International focuses on all market sectors, operating as a broad service provider whose objective is to serve Dutch wholesale clients as effectively and from as nearby as possible. Customers with revenues below EUR 250 million are looked after by local Rabobanks; they can call in the assistance of Rabobank International Wholesale's regional teams where needed. Customers with revenues of more than EUR 250 million are served centrally by Rabobank International. The Large Corporates department, which is responsible for providing those services, is divided into clusters of customers operating in the same sector. Customers are served by Client Service Teams that cooperate closely around the customer and consist of a relationship manager, product specialists, a knowledge specialist and, if applicable, an adviser from Mergers Acquisitions. Its in-depth sector-knowledge gives Rabobank International a clear competitive advantage. In 2013, Rabobank International consolidated its position as market leader in the business segment. Rabobank had a leading role in a range of major transactions in the Netherlands, including take-overs, financing and restructuring. Rabobank International advised various Dutch multinational corporations on large transactions, such as the public-to-private transition of D.E. Master Blenders 1753, the share issue of Imtech and the take-over of Dockwise by Boskalis. It also completed the move of the wholesale customers of Friesland Bank to Rabobank International in 2013. Rabobank International also plays a significant supporting role in the services provided by local Rabobanks to business customers. Some of the products and services that these customers purchase are offered locally and others, including risk management products (such as currency derivatives) and capital market products (such as share and bond issues), are offered by Rabobank International. Rembrandt Fusies Overnames is there to help customers of local Rabobanks in their mergers and acquisitions. by area, in Leading role in international food and agri sector Market leadership in the Netherlands Leveraging of specialist knowledge and economies of scale 51 Leading food and agri bank at international level

Rabobank Bronnenarchief

Annual Reports Rabobank | 2013 | | pagina 52