Rabobank

This article is about the Dutch bank. For the cycling team formerly sponsored by this company, see Visma–Lease a Bike (men's team). For the event venues in Bakersfield, California, see Rabobank Arena and Rabobank Theater and Convention Center.

Coöperatieve Rabobank U.A.
Company typeUitgesloten aansprakelijkheid (excluded liability cooperative)
IndustryFinancial services
PredecessorsRaiffeisen-Bank
Boerenleenbank
Founded1895 first local credit cooperative; 1898 central organizations (1895 first local credit cooperative; 1898 central organizations)
HeadquartersRabotoren,
Utrecht
,
Netherlands
Number of locations
144 (Netherlands) (2022)[1]
Area served
Worldwide
Key people
Stefaan Decraene (Chairman)
Bas Brouwers (CFO)
ProductsBanking
Insurance
Leasing
Real estate
RevenueDecrease€12 billion (2022)[1]
Increase€7 billion (2022)[1]
Decrease€2.7 billion (2022)[1]
Total assetsDecrease€628.5 billion (2022)[1]
Total equityIncrease€46 billion (2022)[1]
Number of employees
Increase46,959 (2022)[1]
Websitewww.rabobank.com

Rabobank (Dutch pronunciation: [ˈraːboːbɑŋk]; full name: Coöperatieve Rabobank U.A.) is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. The group comprises 89 local Dutch Rabobanks (2019), a central organisation (Rabobank Nederland), and many specialised international offices and subsidiaries. Food and agribusiness constitute the primary international focus of the Rabobank Group.[2] Rabobank is the second-largest bank in the Netherlands in terms of total assets.[3]

In terms of Tier 1 capital, the organisation is among the 50 largest financial institutions in the world. As of 2022, total assets amount to €628 billion with a net profit of €2.7 billion.[1]

Rabobank has been designated as a Significant Institution since the entry into force of European Banking Supervision in late 2014, and as a consequence is directly supervised by the European Central Bank.[4][5]

  1. ^ a b c d e f g h "Annual Report 2022" (PDF). rabobank.com. Retrieved 3 November 2023.
  2. ^ "RaboBank Group Profile".
  3. ^ "Major Banks in the Netherlands". 2 October 2016.
  4. ^ "The list of significant supervised entities and the list of less significant institutions" (PDF). European Central Bank. 4 September 2014.
  5. ^ "List of supervised entities" (PDF). European Central Bank. 1 January 2023.