Rabobank

:For the cycling team sponsored by the Rabobank, go to Rabobank (cycling)

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Rabobank is a Dutch bank with offices all over the world, although primarily in the Netherlands.

Related Topics:
Dutch - Bank

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Rooted in agriculture, Rabobank is set up as a federation of local credit unions, which offer services to the local markets. The central organisation is the daughter organisation of the local branches, rather than the parent organisation, as is the case with most banks.

Related Topics:
Agriculture - Credit union

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

The name Rabobank is a portmanteau of Raiffeisen-Boerenleenbank, where Boerenleenbank means "Farmers' lending bank". Raiffeisen is a reference to Friedrich Wilhelm Raiffeisen, the founder of the co-operative movement of credit unions.

Related Topics:
Portmanteau - Friedrich Wilhelm Raiffeisen - Co-operative movement

~ ~ ~ ~ ~ ~ ~ ~ ~ ~

Rabobank is one of the most well-organised banks in the world and has been awarded the Triple A (AAA+) status, making it the only non-private bank in the world with such a status.

~ ~ ~ ~ ~ ~ ~ ~ ~ ~