Rabobank

Rabobank (Dutch pronunciation: [ˈraːboːbɑŋk]; full name: Coöperatieve Rabobank U.A.) is a Dutch multinational banking and financial services company headquartered in Utrecht, the 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.

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”.

Team LottoNL–Jumbo

Team LottoNL–Jumbo is a men's professional bicycle racing team, successor of the former Rabobank. The team consists of three sections: ProTeam (the UCI ProTour team), Continental (a talent team racing in the UCI Europe Tour), and Cyclo-cross.

The cycling team was founded for the 1984 season under the name Kwantum, anchored by Jan Raas, with mostly cyclists coming from the TI-Raleigh cycling team. With Raas as directeur sportif from 1985 onwards, the head sponsor was succeeded by Superconfex, Buckler, Wordperfect and Novell, respectively, before Raas signed a contract with Rabobank, a Dutch association of credit unions, in 1996. After Rabobank sponsorship ended in 2012, it was known as Blanco, Belkin, and then Lotto-Jumbo.

Since 1984, the team has entered every Tour de France and since the introduction of divisions in 1998, the team has always been in the first division. A 2012 investigation by Dutch newspaper de Volkskrant concluded that doping was at least tolerated, from the team's 1996 beginnings as Rabobank until at least 2007.

Rabobank (Ireland)

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.

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