Rabobank Guide, Meaning , Facts, Information and Description
Rabobank is a Dutch bank with offices all over the world, although primarily in the Netherlands. Rooted in agriculture, Rabobank is a co-operative organisation, where local banks offer services to the local markets, and the central organisation is in fact the daughter (rather than the mother) of these local banks.Rabobank is the only private bank in the world with an AAA-rating, and is internationally renowned for its role in the Food & Agricultural businesses.
The name Rabobank is an abbreviation 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.