13 Facts About Rabobank

Rabobank is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands.

Rabobank is the second-largest bank in the Netherlands in terms of total assets.

Rabobank tried to alleviate this need through charitable aid, but realised that self-reliance had more potential in the long run, and thus converted his charitable foundation into a farmers' bank in 1864.

In 1980, Rabobank expanded its international activities as part of its mission to finance global agriculture.

Bank Duta subsequently collapsed in the 1998 Asian financial crisis, and Rabobank bought Duta's share to operate solely as PT Bank Rabobank International Indonesia.

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Rabobank became a significant lender to the rural sector in New Zealand with this purchase and used this as a base to expand its lending business further.

Rabobank purchased Australian company Lend Lease Agro Business in 2003.

In 2019, it was announced that Rabobank sold its American retail business to Mechanics Bank, with all Rabobank branches taking the Mechanics name.

Rabobank will continue to do business in North America related to Food and Agriculture based-lending under its subsidiary Rabo AgriFinance.

In 2010, Rabobank decided to use the same brand name in Australia and New Zealand for the savings bank and replaced RaboPlus with RaboDirect in these countries.

In 2014, Rabobank worked with Vasco, now OneSpan, to create a new online authentication system using QR codes.

Rabobank operated a direct bank in Poland, but under the Bank BGZ operation and using the name "BGZ Optima".

Rabobank has naming rights to several venues and organizations, including:.