Our 2024 results
Creating impact together
Our bank – a meaningful cooperative
Rabobank is an international cooperative bank with Dutch origins. For over 125 years, collaboration has been at the heart of everything we do. Our guiding principle is that together, we accomplish far more than we ever could individually.
Building a better world
Rabobank is a bank without shareholders, but with client councils and 2.3 million members instead. At Rabobank, members have a say in how the bank invests its knowledge, time, and money to make a positive impact. This is reflected in our products and services, and in the way we give back a part of our profit to our members, customers, local communities, and society through cooperative initiatives. This way, we aim to gradually grow a better world together.
Cooperative initiatives & cooperative dividend
Initiatives for our members, customers and employees
Thanks to our strong financial results, we can do more for society. At the end of 2023, we announced several cooperative initiatives. With these, we support customers, members, and employees in the transition to a sustainable future. In the summer of 2024, we added an initiative to support young people.
Initiatives for our local communities
Through our cooperative dividend, we support initiatives in the Netherlands that focus on neighborhoods and clubs. Our members play an important role in this. The Members' Council determines the amount of the contribution annually and also decides which projects receive funding. In addition to financial contributions, we often share our knowledge, network, media, or deploy our people.
Rabo ClubSupport for clubs and associations
With Rabo ClubSupport, our members decide which clubs and associations receive financial support from us.
Initiatives for a sustainable society
Making the way we live and do business more sustainable is the challenge of our time. We know change is needed and we want to contribute to that. To us that means we act on climate, value nature and enable people.
Rabo Foundation
In 1974, Rabo Foundation was established by local Rabobanks to work as an impact financier for lasting positive change and self-reliance worldwide. Each year, a portion of our cooperative dividend is made available to Rabo Foundation. In 2024, the foundation focused on social entrepreneurship for an inclusive labor market and the growth of small-scale farmers globally.
Sponsoring
We support associations in becoming more self-reliant and future-proof through workshops, masterclasses, and one-on-one coaching, conducted in collaboration with NOC*NSF. Together with LKCA, Kunstbende, social partners, and sports federations, we develop customized programs. The program includes a module entirely focused on sustainability, where we also provide financial support to clubs. Our program has supported more than 4,417 sports and cultural clubs, with 3,697 through workshops and inspiration evenings, and 738 through masterclasses or intensive one-on-one programs.
Our products and services for our members and customers
As a cooperative bank, we use our knowledge, our global network and our financial products and services to make a positive impact.