Profile - Rabobank

Profile
Mission and aspired role of Rabobank Group
Taking its cooperative basis as a starting point, Rabobank Group’s ambition is to
treat customers fairly, and to serve their best interests worldwide in both the
short and long term. At an international level, Rabobank Group aspires to be the
leading food and agribusiness bank. Its presence in the world’s major food and
agri countries and its long-standing international knowledge and experience are
key aspects of the endeavour to achieve this ambition. Rabobank Group also
wants to achieve global excellence in sustainable banking, as fits a bank with this
identity and position in society.
Cooperative goals
As a cooperative, Rabobank sees it as its first and foremost duty to serve the interests of its
customers by:
- providing the best financial services considered appropriate by our customers;
- ensuring continuity in services with a view to protecting the long-term interests of our
customers; and
- showing commitment to our clients and their environment, so that we can contribute to
them achieving their ambitions.
Rabobank Group Organisation chart
Situation at 30 June 2012
10 million clients
1.9 million members
139 local Rabobanks
853 branches
Rabobank Nederland
Executive Board – Supervisory Board
Support of
local Rabobanks
Rabobank
International
Staff functions
Rabobank Group
Private individuals
Food- & agribusiness
Cooperative and
Corporate clients
Wholesalebanking
sustainable business
Private Banking
Rural & retailbanking
Investor Relations
Other support units
Direct Banking
Long Term Funding
Rabo Development
Other staff units
Subsidiaries and associates
Asset management
Leasing
Real estate
Insurance
Robeco
De Lage Landen
Rabo Vastgoedgroep
Achmea (29%)
Schretlen & Co
- Athlon Car Lease
- Bouwfonds Property
- Interpolis
Sarasin*
- Freo
Development
Obvion
Retail
Partner banks
ACC Bank
Banco Terra (49%)
Bank BGZ (60%)
Banco Regional (40%)
Friesland Bank
BPR (35%)
- MAB Development
NMB (35%)
- FGH Bank
Zanaco (46%)
- Bouwfonds REIM
URCB (9%)
- Fondsenbeheer
Banco Sicredi (26%)
Nederland
* Sale Sarasin completed in July 2012
Mortgages
Cooperative structure
Rabobank’s cooperative structure and local ties have set it apart for over 110 years. The 139
local Rabobanks and their more than 7.6 million customers, including their 1.9 million members,
form the heart of the cooperative. The local Rabobanks, for their part, are members and
shareholders of Rabobank Nederland, the umbrella cooperative that advises the branches
and supports their local services. The structure of Rabobank Group is typified by strong
mutual relationships, even though the subsidiaries and associates are not structured as
cooperatives themselves.
Pursuant to the Dutch Financial Supervision Act, Rabobank Nederland monitors aspects such
as operations, solvency, liquidity and outsourcing at the local Rabobanks. In addition, Rabobank
Nederland acts as the holding company of a number of specialist Dutch and foreign subsidiaries.
Rabobank Nederland has an employee base of about 6,900 FTEs.
Rabobank International and its international subsidiaries have a headcount of about 16,100 FTEs.
Rabo Development supports the advancement of a banking infrastructure in seven countries,
including 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.