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Home  »  Bank of Canada  »  Rabobank Nederland Canada Branch

Rabobank Nederland
 

Rabobank Group is an international financial services provider operating on the basis of cooperative principles. It offers banking, asset management, leasing, insurance and real estate services. Focus is on broad financial services provision in the Netherlands and primarily on the food and agribusiness internationally. Rabobank Group is comprised of independent local Rabobanks plus Rabobank Nederland, their umbrella organisation, and a number of specialist subsidiaries. Overall, Rabobank Group has approximately 59,400 employees (in FTEs), who serve about 10 million customers in 48 countries.

The local Rabobanks and their clients form Rabobank Group's core cooperative business. The banks are members and shareholders of the supralocal cooperative organisation, Rabobank Nederland, which advises the banks and supports their local services. Rabobank Nederland also supervises, on behalf of the Dutch central bank, the solvency, liquidity and administrative organisation of the local Rabobanks.

 
 

In terms of Tier I capital, Rabobank Group is among the world’s 30 largest financial institutions. Rabobank is consistently awarded a high rating by all rating agencies. Rabobank Nederland further acts as an (international) wholesale bank and as a bankers' bank to the Group and is the holding company of a large number of specialised subsidiaries. Rabobank Group combines the best of two worlds; the local involvement and personal touch of the local Rabobanks with the expertise and economies of scale of Rabobank Nederland and it subsidiaries.

 
  Rabobank Nederland
Category : Schedule III
SWIFT Code : RABOCATT

Address :
95 Wellington St., Suite 1830
P.O. Box 57, TD Centre
Toronto, Ontario M5K 1E7
Canada

Telephone : +1 (416) 941-9777

Website : www.rabobank.com
 

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Unlike the Schedule I and Schedule II banks, as a Schedule III bank, Rabobank Nederland Canada branch are NOT incorporated under the Bank Act and therefore operate in Canada under other government-mandated restrictions. Schedule III banks usually operate within the country's largest cities (being Toronto, Montreal, Calgary and Vancouver), under certain restrictions mentioned in the Act. As of October 2010, there were 23 such banks in Canada.

In Canada, the Office of the Superintendent of Financial Institutions (OSFI) is responsible for administering a number of federal statutes, including the Bank Act and the Trust and Loan Companies Act, the statutes applicable to the regulation of banks and federal trust and loan companies.
 

 

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