Latest News
Rabobank and IFC sign WAAD Letter of Intent
18-5-2012 | Press Releases
Rabobank, the leading global food & agribusiness bank, and the International Finance Corporation (IFC), active in agribusiness across Sub-Saharan Africa, signed a Letter of Intent to jointly establish a new agribusiness finance institution in West Africa -the West Africa Agribusiness Development Corporation (WAAD). This took place during the G-8 Symposium on Global Agriculture and Food Security in Washington on May 18th.
Recession through policy anaemia
19-4-2012 | Economic news
One of the government’s main responsibilities relating to the economy is to ensure the economic process runs as smoothly as possible. This essentially means making sure the lifeblood of the economic process keeps circulating. This sometimes requires them to make policy. But the Netherlands has been suffering from policy anaemia for years. And just like with blood anaemia, this leads to poorer performance.
Rabobank Group Annual Report 2011 now online
11-4-2012 | Press Releases
As from 11 April 2012, the full Annual Report 2011 can be accessed through the annual reports website. The annual figures were announced on 1 March 2012.
The Netherlands is a triple A country. For now.
5-4-2012 | CSR news
Stress has arisen in recent weeks due to economic and political developments in the Netherlands. Some analysts wonder whether the Netherlands is still part of Europe’s core. Much of this unrest seems exaggerated. The actual figures show that the Dutch economy is fundamentally healthy.
New Board of Management and Supervisory Board at Friesland Bank
2-4-2012 | Other news
In connection with the merger of Friesland Bank and Rabobank, a new Management Team and Supervisory Board have been appointed at Friesland Bank. The management of Friesland Bank as a 100% subsidiary of Rabobank Nederland and the subsequent gradual integration into Rabobank will require pooling the knowledge and expertise of both organisations. The following composition has therefore been chosen.
Friesland Bank opts for merger with Rabobank
2-4-2012 | Press Releases
Friesland Bank and Rabobank have reached agreement on the merger of Friesland Bank with Rabobank. For this purpose, Friesland Bank will initially become a 100% subsidiary of Rabobank Nederland. The merger of the customers, employees, branches and activities of Friesland Bank with the network of Local Member Rabobanks in the Netherlands will occur during a transition period. This gradual integration is expected to take approximately two years. The employment of the involved employees of Friesland Bank will be guaranteed throughout this period.
Rabobank acquires full ownership Obvion
26-3-2012 | Economic news
Rabobank intends to acquire the remaining shares in Obvion N.V. (‘Obvion’) from the other shareholder, Stichting Pensioenfonds ABP (‘ABP’). Rabobank already has a 70% stake in Obvion. This transaction implies that Obvion will be fully owned by Rabobank. No financial details regarding the transaction will be disclosed.
Rabobank partners with Rainforest Alliance
9-3-2012 | CSR news
Rabobank Foundation recently entered into an agreement with Rainforest Alliance regarding a Sustainable Finance Initiative in Central and Latin America. This programme aims to enhance the flow of financing for millions of small farmers, enabling them to farm more sustainably, thereby reducing risks in agricultural commodity supply chains.
Economic updates March
9-3-2012 | Economic news
The economic situation in the big European countries is weak, but for the keen observer there are also some rays of hope.
Rabobank: Satisfactory results in uncertain market conditions
1-3-2012 | Press Releases
From a financial perspective, Rabobank Group had a satisfactory year. Net profit in 2011 amounted to EUR 2.6 billion, a slight drop on 2010, which is a satisfying result given the difficult economic conditions.
The ECB has done its part. Now it is time to press on.
10-2-2012 | Economic news
Sentiment on financial markets has improved sharply in recent weeks. This is primarily thanks to the European Central Bank (ECB) that introduced a new long-term financial facility for banks in December. This move eliminated fears that less strong, but still solvent banks would encounter liquidity problems. The glut of liquidity in the money market has also led many banks to begin buying French, Italian and Spanish government bonds again. The ensuing easing on the financial markets has produced universal relief. Stock markets are rebounding and some voices are even saying this recession may not actually be that bad.
