Rabobank Group has its roots deep in Dutch soil. Founded as a cooperative of Dutch agricultural banks in the late 1800s, the company has some 150 member banks with more than 1,000 branches in the Netherlands and dozens of subsidiaries around the world that focus on the food, agribusiness, and financial industries.
The cooperative's wholesale and international retail banking arm, Rabobank International, has offices in some 30 countries. Subsidiaries include US bank Rabobank, N.A., asset management firm Robeco, mortgage broker Obvion, and commercial real estate financier FGH Bank.
It also owns US agribusiness lender Rabo AgriFinance.
Fishing deal with China would settle maritime dispute Philippines
A joint fishing agreement reportedly being discussed between China and the Philippines is deemed a significant step forward in the relations between the two countries after an old maritime sovereignty dispute.