Wikipedia
Rabobank (; full name: Coöperatieve Rabobank U.A.) is a Dutch multinational banking and financial services company headquartered in Utrecht, Netherlands. It is a global leader in food and agri financing and sustainability-oriented banking. The group comprises 129 independent local Dutch Rabobanks (2013), a central organization (Rabobank Nederland), and a large number of specialized international offices and subsidiaries. Food and agribusiness is the prime international focus of the Rabobank Group. Rabobank is the second-largest bank in the Netherlands in terms of total assets.
A 2013 scandal resulted in a $1 billion fine for unscrupulous trading practices, including the manipulation of LIBOR currency rates worldwide. Chief Executive Piet Moerland resigned immediately as a result.
In terms of Tier 1 capital, the organisation is among the top 30 largest financial institutions in the world. As of December 2014, total assets amount to €681 billion with a net profit of €1.8 billion. Global Finance ranks Rabobank 25th in its survey of "the world's safest banks".
Rabobank (Ireland) consists of three banking entities in Ireland which is part of the Dutch owned Rabobank Group. The three Irish based businesses are Rabobank (Ireland) plc, ACC Loan Management and RaboDirect Ireland.
Rabobanks first came to Ireland in 1994 when it established the commercial bank RaboBank (Ireland) plc in the IFSC in Dublin. In 2002 Rabobank bought the Agricultural Credit Corporation (ACC Bank) from the Irish government for 165million euro. In 2005 Rabo launched its online savings bank RaboDirect which provides online savings accounts and savings products such as PRSA's.