Our parent

RabobankThe Rabobank Group is a full-range financial services provider founded on cooperative principles and a global leader in sustainability-oriented banking. It comprises 147 independent local Dutch Rabobanks, a central organization (Rabobank Nederland), and a large number of specialized international offices.

Rabobank serves over 9,5 million clients worldwide. It employs over 59,000 fte and is represented in 48 countries.

Financial stability
The Rabobank Group provides De Lage Landen with ready access to extensive funds from a financially secure source. Rabobank is privately owned and enjoys the highest credit rating (AAA) awarded by rating agency Moody’s and an AA rating awarded by Standard & Poor’s. It is considered to be among the top 10 safest banks in the world. And in terms of Tier 1 Capital, Rabobank is among the world’s fifteen largest financial institutions.

Shared internal market knowledge
Rabobank’s organizational structure reflects a high degree of collaboration between its various parts, from local banks to specialist units. This close cooperation combined with Rabobank’s international scope enriches De Lage Landen’s expertise.

For instance, we share in Rabobank’s analyses of new markets and sites of operation. In turn, this helps us grow our international capabilities, and to identify opportunities for our partners to expand into new countries and new products.

Sustainability
Rabobank has the philosophy to enable every customer to participate fully and independently in the economy. Assisting them to realise this aim by discussing the opportunities and risks in the economic, social and environmental fields at an early stage. Rabobank encourages innovations and provide products and services that contribute to the sustainable development of wealth and prosperity. These activities have resulted in Rabobank becoming one of the top three most sustainable banks worldwide. 

Banking Code
As De Lage Landen does not publish an annual report of its own reporting on the application of the Banking Code at De Lage Landen has been consolidated in the annual report 2010 of Rabobank Group. Considering the group policy on risk management, audit and remuneration, De Lage Landen complies in full with the relevant provisions of the Banking Code. The composition and performance of the supervisory board of De Lage Landen reflects the fact that De Lage Landen is a wholly owned subsidiary of Rabobank Nederland and has been incorporated into the group-wide management structure of the Rabobank Group.

 

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