Profile of Rabobank Contents Management report Corporate governance Consolidated financial statements Financial statements Pillar 3 Rabobank is an international financial services provider operating on the basis of cooperative principles. It offers retail banking, wholesale banking, private banking, leasing and real estate services. As a cooperative bank, Rabobank puts customers' interests first in its services. Rabobank is committed to being a leading customer-focused cooperative bank in the Netherlands and a leading food and agri bank worldwide. Throughout 2015, Rabobank Group consisted of more than 100 autonomous local Rabobanks in the Netherlands and the centralised organisation, the Coöperatieve Centrale Raiffeisen- Boerenleenbank B.A. (Rabobank Nederland) and its subsidiaries and associates in and outside the Netherlands. From January 1 2016, Rabobank operates with a revised cooperative structure; with one cooperative, one banking licence and one set of financial statements. Read more about this in the Section 'Strategy'and in the Section 'Corporate Governance'. O Read more about Rabobank here. At year-end 2015, Rabobank encompassed 106 local Rabobanks. The local Rabobanks have a total of more than 7.2 million customers.The total number of members came to 1,945,000. Rabobank in the Netherlands employs approximately internal and external 40,000 employees. Outside the Netherlands it employs approximately 12,000 internal and external employees. Rabobank Group is active in 40 countries. Domestic retail banking In the Netherlands, Rabobank is a leading player in the mortgages, savings, payments, investment and insurance markets. It is also an important financial services provider for the SME segment, the food and agricultural sector, and the corporate segment. At year-end 2015, the local Rabobanks had 506 branches and 2,206 ATMs.They offer approximately 6.4 million private customers and approximately 800,000 business clients in the Netherlands a comprehensive range of financial services. In addition to the local Rabobanks, domestic retail banking also includes the mortgage lender Obvion and the savings bank Roparco.The domestic retail banking business employs approximately 24,000 internal and external FTEs. Dutch and international wholesale banking and international rural and retail banking The wholesale banking division serves the largest domestic and international companies. All sectors are served in the Netherlands. Internationally, Rabobank focuses on holding a leading position in the food and agricultural sector, with respect to both the industrial sector and farm financing, through its global network of branches. Rural banking focuses on the funding of agricultural businesses abroad. The international retail banking activities cover three countries: United States (RNA); Indonesia and Ireland (ACC Loan Management). Wholesale, Rural Retail has an international network of branches with offices in 25 countries. Rabobank also operates RaboDirect internet savings banks in Belgium, Germany, Ireland, Australia and New Zealand.The total number of internal and external employees in wholesale banking and international retail banking stands at approximately 9,600 FTEs. DLL Within Rabobank Group, DLL is the specialist in the field of leasing. With vendor finance it supports manufacturers and distributors worldwide when selling products and services. DLL provides asset based financing solutions in more than 35 countries. In addition to the Netherlands, DLL is active in ten other European countries through its subsidiary Athlon. In the Netherlands, DLL offers a wide range of leasing products to small and medium-sized enterprises, as well as vendor finance, factoring and commercial and consumer finance products.The latter including through the online provider of consumer credit, Freo. DLL employs, both internally and externally, approximately 5,800 FTEs. Real estate Rabo Real Estate Group and FGH Bank form part of the real estate segment. Rabo Real Estate Group is active in real estate and area development and investment management. This division consists of BPD (construction of housing and living environments) and Real Estate Investment Management (manager of real estate funds). Rabo Real Estate Group is primarily active in the Netherlands, but also on a smaller scale in France and Germany. 10 Rabobank Annual Report 2015

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Annual Reports Rabobank | 2015 | | pagina 11