# Rabobank (Netherlands)

> Source: https://docs.barcoder.ai/docs/wallets/rabobank
> research date 2026-05-29 · extracted at 2026-10-07
> Publisher: Barcoder — encyclopedia of QR, barcode and payment-code standards

Specifications:
- [Rabobank — official](https://www.rabobank.nl/)

## Overview

**Rabobank** is **Netherlands' 2nd largest bank by assets** + **distinctive Dutch cooperative bank without shareholders but with ~2.3M+ members** + **Netherlands' 3rd-largest retail bank by market share + 2nd largest by number of current accounts at 30%** <sup>[1][1], [2][2], [Netherlands report](https://docs.barcoder.ai/docs/payments/NL)</sup>. **2025 baseline**: **22.84% Dutch market share + ~9M daily customers + ~2.3M+ members** + **One bank, one banking license, one set of financial statements (post-Jan 2016 cooperative consolidation)**.

**Distinctive Rabobank positioning** <sup>[1][1], [3][3], [4][4]</sup>:
- **Netherlands' 2nd largest bank by assets** with **22.84% market share** (2024)
- **Distinctive Dutch cooperative bank without shareholders but with ~2.3M+ members** — distinctive cooperative banking model
- **Netherlands' 3rd-largest retail bank by market share + 2nd largest by number of current accounts at 30%**
- **~9M daily customers** + **~2.3M+ members**
- **January 2016 cooperative consolidation**: Central Rabobank entity (Rabobank Nederland) legally merged with 106 local cooperative Rabobanks to form one cooperative bank with one banking license + one set of financial statements
- **Distinctive food + agriculture banking global leadership**: Rabobank historically Dutch agricultural cooperative bank now major global food + agriculture banking leader

## History

**1898 — Coöperatieve Centrale Raiffeisen-Boerenleenbank** + **Coöperatieve Centrale Boerenleenbank** founded as Dutch cooperative agricultural credit unions — distinctive Dutch agricultural cooperative banking heritage.

**1972 — Rabobank Group formed** via merger of Coöperatieve Centrale Raiffeisen-Boerenleenbank + Coöperatieve Centrale Boerenleenbank (Rabobank = Raiffeisen Boerenleenbank).

**1990s-2015 — Mass Rabobank global expansion** into food + agriculture banking globally.

**2010 — Rabobank mobile banking app launches**.

**January 1, 2016 — Rabobank Group cooperative consolidation** <sup>[1][1], [2][2]</sup>: Central Rabobank entity (Rabobank Nederland) legally merged with 106 local cooperative Rabobanks to form one cooperative bank with one banking license + one set of financial statements.

**2025 — Rabobank Netherlands' 2nd largest bank by assets + 22.84% market share + 9M daily customers + 2.3M+ members** <sup>[3][3]</sup>.

## Ownership & operator

**Operating entity**: **Coöperatieve Rabobank U.A.** (Dutch cooperative bank; no shareholders but **~2.3M+ members** — distinctive Dutch cooperative banking model).

**Major shareholders**: **None** — Rabobank is a cooperative bank without shareholders. Members participate in governance via cooperative structure.

**Regulators**: **DNB (De Nederlandsche Bank) + AFM (Autoriteit Financiële Markten) + ECB**.

## Technical integration

| Layer | Description |
|---|---|
| **Channels** | Rabobank mobile app (iOS + Android; primary NL retail-banking mobile channel) + Rabobank Online Banking + Rabobank cards (Visa + Mastercard) + Rabobank branch network (post-Jan 2016 cooperative consolidation) |
| **Identifiers** | Email + card number + IBAN |
| **NL + EU rails** | **[iDEAL](https://docs.barcoder.ai/docs/wallets/ideal)** (Dutch iDEAL national online payment standard) + **SEPA Instant Credit Transfer** (EU SEPA Instant) |
| **License** | Cooperative bank (Rabobank Dutch cooperative bank; no shareholders but ~2.3M+ members; Netherlands' 2nd largest bank by assets with 22.84% market share in 2024) |
| **Sub-products** | Rabobank Account + Rabobank Cards + Rabobank Credit + Rabobank Mortgages + Rabobank Investments + Rabobank Insurance (Achmea partnership) + Rabobank Wealth Management + Rabobank Business + Rabo Bouwfonds (real estate) + Rabobank Food & Agriculture (distinctive global food + agriculture banking leadership) + Rabobank International (multi-country corporate banking) + Rabobank Brazil + Rabobank US + Rabobank Australia + Rabobank New Zealand + ACMpro (cooperative-related operations + agricultural financing) |
| **Distinctive Dutch cooperative bank**: No shareholders but ~2.3M+ members |
| **Distinctive Jan 1 2016 cooperative consolidation**: Central Rabobank entity legally merged with 106 local cooperative Rabobanks |
| **Distinctive global food + agriculture banking leadership**: Rabobank historically Dutch agricultural cooperative bank now major global food + agriculture banking leader |

## Users & growth

**2025 baseline** <sup>[1][1], [3][3]</sup>:
- **Netherlands' 2nd largest bank by assets** with **22.84% market share** (2024)
- **Netherlands' 3rd-largest retail bank by market share + 2nd largest by number of current accounts at 30%**
- **~9M daily customers**
- **~2.3M+ members** (cooperative)
- **One bank, one banking license, one set of financial statements** (post-Jan 2016 cooperative consolidation)

## Use cases

Dutch + multi-country (US + Brazil + Australia + New Zealand + others) retail + corporate + investment + wealth-management + insurance + food + agriculture banking via Rabobank mobile app + Rabobank Online + cards + branches; iDEAL Dutch national online payment standard + SEPA Instant; Rabobank Food & Agriculture distinctive global food + agriculture banking leadership; Rabobank International multi-country corporate banking (Rabobank Brazil + Rabobank US + Rabobank Australia + Rabobank New Zealand subsidiaries).

## Implementations & partners

**Operator**: **Coöperatieve Rabobank U.A.** (Dutch cooperative bank; no shareholders but ~2.3M+ members).

**Major shareholders**: **None** — Rabobank is a cooperative bank without shareholders.

**Major Dutch banking + fintech competitors**:
- **[ABN AMRO (Netherlands)](https://docs.barcoder.ai/docs/wallets/abn-amro)** (ABN AMRO; Netherlands' 3rd largest bank with 13.98% market share 2024; most extensive mobile banking app in NL per Banken.nl 3 consecutive years; 45M monthly logins + 57 functionalities; Tikkie P2P payment app subsidiary)
- **ING Bank Netherlands** (ING Group's Dutch subsidiary; Netherlands' largest bank by assets)
- **[bunq](https://docs.barcoder.ai/docs/wallets/bunq)** (bunq; Amsterdam-headquartered EU #2 neobank; 20M users end-2025; 30 European countries; Sep 2025 first European challenger bank with flexible crypto staking)
- **SNS Bank** (Dutch state-owned bank post-2013 nationalization; now part of de Volksbank)
- **N26 Netherlands** + **Revolut Netherlands** + **Wise Netherlands** (European challenger banks in NL)

**Insurance partner**: **Achmea** (Dutch insurance cooperative; Rabobank-Achmea partnership for Rabobank Insurance).

**Rabobank multi-country subsidiaries**: **Rabobank Brazil + Rabobank US + Rabobank Australia + Rabobank New Zealand** + others.

**Regulators**: **DNB + AFM + ECB + per-country**.

## Fun facts

- **Netherlands' 2nd largest bank by assets** with **22.84% market share** (2024).
- **Distinctive Dutch cooperative bank without shareholders but with ~2.3M+ members** — distinctive cooperative banking model.
- **Netherlands' 3rd-largest retail bank by market share + 2nd largest by number of current accounts at 30%**.
- **~9M daily customers** + **~2.3M+ members**.
- **1898 founding as Dutch cooperative agricultural credit unions** — distinctive Dutch agricultural cooperative banking heritage.
- **1972 Rabobank Group formed** via merger of Coöperatieve Centrale Raiffeisen-Boerenleenbank + Coöperatieve Centrale Boerenleenbank (Rabobank = Raiffeisen Boerenleenbank).
- **January 1, 2016 Rabobank Group cooperative consolidation**: Central Rabobank entity (Rabobank Nederland) legally merged with 106 local cooperative Rabobanks to form one cooperative bank with one banking license + one set of financial statements.
- **Distinctive global food + agriculture banking leadership**: Rabobank historically Dutch agricultural cooperative bank now major global food + agriculture banking leader.
- **Multi-country subsidiaries**: Rabobank Brazil + Rabobank US + Rabobank Australia + Rabobank New Zealand.
- **Achmea insurance partnership** (Dutch insurance cooperative for Rabobank Insurance).

## Comparison

| Feature | Rabobank | [ABN AMRO (Netherlands)](https://docs.barcoder.ai/docs/wallets/abn-amro) (Netherlands' 3rd largest bank rival; 13.98% market share + most extensive mobile banking app in NL 3 consecutive years) | ING Bank Netherlands (Netherlands' largest bank by assets rival; ING Group's Dutch subsidiary) | [bunq](https://docs.barcoder.ai/docs/wallets/bunq) (Amsterdam-headquartered EU #2 neobank rival; 20M users end-2025) | [Crédit Agricole Ma Banque](https://docs.barcoder.ai/docs/wallets/credit-agricole) (France's largest cooperative bank comparable European cooperative banking heritage) |
|---|---|---|---|---|---|
| Operator | **Coöperatieve Rabobank U.A. (Dutch cooperative bank; no shareholders but ~2.3M+ members — distinctive Dutch cooperative banking model)** | ABN AMRO Bank N.V. (Euronext Amsterdam: ABN; NLFI ~40% controlling stake gradually divesting + Dutch + international institutional + Euronext Amsterdam public float) | ING Bank Netherlands (ING Group subsidiary; ING Groep N.V. Euronext Amsterdam: INGA) | bunq B.V. (Amsterdam; Ali Niknam + Series A investors) | Crédit Agricole S.A. (Euronext Paris: ACA; Federation of Crédit Agricole cooperative banks majority + Euronext public float) |
| Type | **Netherlands' 2nd largest bank by assets + 22.84% market share + 3rd-largest retail bank by market share + 2nd largest by number of current accounts at 30% + cooperative bank without shareholders + ~9M daily customers + 2.3M+ members + distinctive global food + agriculture banking leadership** | Netherlands' 3rd largest bank + 13.98% market share + most extensive mobile banking app in NL per Banken.nl 3 consecutive years + 45M monthly logins + 57 functionalities + Tikkie P2P payment app subsidiary | Netherlands' largest bank + ING Group's Dutch subsidiary + iDEAL + multi-country international banking | EU #2 neobank + 30 European countries + flexible crypto staking + Amsterdam-headquartered | France's largest cooperative bank + 11M+ active Ma Banque users + 39 Regional Banks + LCL subsidiary + Amundi world's largest European asset manager |
| Country | NL + 4+ other countries | NL + 6+ other countries | Netherlands | 30 European countries | FR + 28+ countries |
| Users | **~9M daily customers; 2.3M+ members; Netherlands' 2nd largest bank with 22.84% market share (2024)** | 45M monthly logins to ABN AMRO mobile app; 57 functionalities; Netherlands' 3rd largest bank with 13.98% market share (2024) | Netherlands' largest bank; ING Group's Dutch subsidiary | 20M users (end 2025; EU #2) | 11M+ active Ma Banque users; 554K iOS reviews + 4.6/5 rating + ranked #7 in app stores |
| Distinctive | **1898 founding as Dutch cooperative agricultural credit unions (Dutch agricultural cooperative banking heritage); 1972 Rabobank Group formed via Raiffeisen + Boerenleenbank merger (Rabobank = Raiffeisen Boerenleenbank); Jan 1 2016 Rabobank Group cooperative consolidation (central Rabobank entity legally merged with 106 local cooperative Rabobanks to form one cooperative bank with one banking license + one set of financial statements); distinctive global food + agriculture banking leadership; cooperative bank without shareholders but ~2.3M+ members; Rabobank Brazil + US + Australia + New Zealand multi-country subsidiaries; Achmea insurance partnership** | 1824 founding as Nederlandsche Handel-Maatschappij by King Willem I (Dutch royal banking heritage); 1991 ABN + AMRO Bank merger; 2007 RBS + Fortis + Santander consortium acquires ABN AMRO for €71B; 2008 Dutch government nationalization post-financial crisis; 2015 partial re-privatization IPO; Tikkie ABN AMRO's standalone NL P2P payment app subsidiary | Netherlands' largest bank; ING Group Dutch banking subsidiary | 2012 founding by Ali Niknam; Sep 2025 first European challenger bank with flexible crypto staking | 1885 French agricultural cooperative banking heritage; 39 Regional Banks (Caisses Régionales); social shares cooperative banking participation; 2003 LCL acquisition; Amundi world's largest European asset manager subsidiary |

## Status

**Active, Netherlands' 2nd largest bank by assets + distinctive Dutch cooperative bank** <sup>[1][1], [3][3]</sup>:
- **Coöperatieve Rabobank U.A.** (Dutch cooperative bank; no shareholders but ~2.3M+ members) since 1898 (Dutch cooperative agricultural credit unions); 1972 Rabobank Group formed; January 1, 2016 cooperative consolidation (one bank, one license, one financials).
- **22.84% Dutch market share** (2024) + **~9M daily customers + 2.3M+ members**.
- **Distinctive global food + agriculture banking leadership**.
- **Rabobank Brazil + Rabobank US + Rabobank Australia + Rabobank New Zealand** subsidiaries.
- **Achmea insurance partnership** for Rabobank Insurance.
- **DNB + AFM + ECB + per-country regulated**.

## Sources

[1]: https://en.wikipedia.org/wiki/Rabobank "Rabobank — Wikipedia"
[2]: https://www.rabobank.com/ "Home Rabobank Group — Rabobank"
[3]: https://www.rabobank.nl/en/ourbank "Our bank — Rabobank"
[4]: https://www.rabobank.com/about-us/in-short "An international cooperative bank — Rabobank"
[nl-cro]: https://docs.barcoder.ai/docs/payments/NL

- [1] [Rabobank — Wikipedia][1]
- [2] [Home Rabobank Group — Rabobank][2]
- [3] [Our bank — Rabobank][3]
- [4] [An international cooperative bank — Rabobank][4]
- <sup>[Netherlands report](https://docs.barcoder.ai/docs/payments/NL)</sup> In-corpus: `reports/countries/NL-netherlands.md`

## Source

Biography extracted from [rabobank.md](https://docs.barcoder.ai/source/wallets/rabobank). See `matrix.md` for standards-support matrix if present.