Tag Archives: Rabobank

Rabobank and EIB Extend Support for Sustainable SMEs with €300 Million Impact Loan

(IN BRIEF) Rabobank and the European Investment Bank (EIB) have announced the availability of €300 million through a new impact loan aimed at supporting small and medium-sized enterprises (SMEs) focused on sustainable development. This new funding increases Rabobank’s ongoing commitment … Read the full press release

Zeewolde Wind Farm Partners with Rabobank and Eneco to Deliver Community-Owned Battery Park

(IN BRIEF) Zeewolde wind farm has partnered with Rabobank and Eneco to advance the construction of a large-scale battery park with a 65 MWh capacity, set to be among the largest in the Netherlands. Rabobank will fund the project through … Read the full press release

ABN AMRO Advances Digital Asset Innovation with Successful CBDC Repo Trials in Eurosystem Project

(IN BRIEF) ABN AMRO has successfully completed its second use case in the Eurosystem Central Bank Digital Currency (CBDC) trials, marking a significant step in exploring digital asset innovations. The bank executed four repo trades using central bank money settled … Read the full press release

Sustainability Milestone: Eurogrid’s Green Bonds Support 50Hertz’s Renewable Energy Goals

(IN BRIEF) Eurogrid, the parent company of 50Hertz, a transmission system operator, has secured 1.5 billion euros through its third and fourth Green Bond issuances. These funds will support grid expansion projects on land and at sea to enhance the … Read the full press release

Carbon Markets: A Path for Small-Scale Farmers to Combat Climate Change and Boost Income

(IN BRIEF) The changing climate poses significant challenges, including wildfires, unpredictable rainfall, and heatwaves. To address these issues, there’s a global need to reduce greenhouse gas emissions. Carbon markets, including voluntary carbon markets, provide a way to assign value to … Read the full press release

Alexander Zwart Appointed Chief Innovation and Technology Officer at Rabobank, Succeeding Bart Leurs

(IN BRIEF) Alexander Zwart will assume the role of Chief Innovation and Technology Officer (CITO) at Rabobank, joining the Managing Board as of 1 December. In this position, he will oversee Technology, Data and Analytics, Digital Transformation, and Innovation for … Read the full press release

EPI nähert sich der Entwicklung einer paneuropäischen digitalen Geldbörse und Zahlungslösung

(IN KÜRZE) Die European Payments Initiative (EPI), die von 14 europäischen Banken, darunter ING, unterstützt wird, erwirbt Currence iDEAL und den Technologieanbieter für Konto-zu-Konto-Zahlungen Payconiq International, um eine europaweite Zahlungslösung zu entwickeln. EPI plant, das derzeitige Flickwerk von Zahlungslösungen auf … Read the full press release

EPI Moves Closer to Developing Pan-European Digital Wallet and Payment Solution

(IN BRIEF) The European Payments Initiative (EPI), supported by 14 European banks including ING, is acquiring Currence iDEAL and account-to-account payments technology provider Payconiq International to develop a pan-European payment solution. EPI plans to replace the current country-level patchwork of … Read the full press release

Les banques européennes unissent leurs forces pour assurer la souveraineté des paiements avec EPI

(ACTUALITÉ EN BREF) L’Initiative européenne de paiement (EPI) a acquis le système de paiement néerlandais Currence iDEAL et le fournisseur de solutions de paiement luxembourgeois PQI, sous réserve de l’approbation des autorités nationales et européennes. Les actionnaires d’EPI sont des … Read the full press release

European Banks Join Forces to Ensure Payment Sovereignty with EPI

(IN BRIEF) The European Payments Initiative (EPI) has acquired Dutch payment scheme Currence iDEAL and Luxembourg-based payment solutions provider PQI, subject to approval by national and European authorities. EPI’s shareholders are European banks and acquirers who have joined forces to … Read the full press release

Rabobank’s TreasurUp becomes an independent company and closes series A funding round

TreasurUp completes series A funding round led by OFX and Rabobank Australian cross border payments specialist OFX, Rabobank, TreasurUp management and engineering partner COERA invest in spin-off structure TreasurUp aims to become the leader in online treasury solutions for banks … Read the full press release

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

COVID-19: Dutch banking and financial group Rabobank postpones dividend payments until at least Oct 2020

(PRESS RELEASE) UTRECHT, 30-Mar-2020 — /EuropaWire/ — Dutch multinational banking and financial group Rabobank has announced it will not make distributions on its Rabobank Certificates in March, June and September 2020. Decision follows recent ECB and DNB announcements. Herewith Rabobank … Read the full press release

Rabobank and KKR Infra in a consortium for the acquisition of energy company Eneco

Rabobank and KKR Infra in a consortium for the acquisition of energy company Eneco

(PRESS RELEASE) UTRECHT, 19-Jul-2019 — /EuropaWire/ — Rabobank has always been interested in projects that contribute to the acceleration of the energy transition in the Netherlands. Such a project is the sale of the energy company Eneco (Eneco Holding N.V.). … Read the full press release

Major companies form new venture to digitalise the trade and commodities finance sector through blockchain

Fifteen of the world’s largest institutions, including banks, trading companies, an inspection company1 and an energy major have formed a new venture known as komgo SA, that will seek to digitalise the trade and commodities finance sector through a blockchain based open … Read the full press release

FGH Bank sells approximately EUR 1.3 billion loan portfolio to RNHB B.V.

UTRETCH, 04-Jul-2018 — /EuropaWire/ — FGH Bank has sold a part of its loan portfolio with an outstanding balance of approximately EUR 1.3 billion to RNHB B.V. Regulatory approvals have been obtained and the consultation process with the employee representative … Read the full press release

we.trade demonstrates the power of blockchain technology during first live trades on the platform

UTRETCH, 04-Jul-2018 — /EuropaWire/ — we.trade today (3 July 2018) confirmed that the first live trades have taken place on the platform. Over the last week several companies have executed trades, via 5 banks. These trades signify the first commercially viable … Read the full press release

Rabobank launches a €60 million investment fund for the Fintech and Food & Agri sector

UTRECHT, 31-Jan-2018 — /EuropaWire/ — Rabobank is today launching Rabo Frontier Ventures (RFV), a €60 million strategic investment fund that focuses on high-potential early-stage Fintech and Food & Agri companies. RFV is a subsidiary of Rabobank Group and forms part of … Read the full press release

Rabobank subsidiary in California Rabobank National Association (RNA) takes Q4 2017 provision of EUR 310 million in anticipation of a settlement connected to previously disclosed investigations

Utrecht, Netherlands, 08-Jan-2018 — /EuropaWire/ — Rabobank, National Association (“RNA”), a California-based subsidiary of Coöperatieve Rabobank, U.A. (“Rabobank”), has taken a Q4 2017 provision of approximately EUR 310 million in anticipation of a settlement connected to previously disclosed investigations. RNA … Read the full press release

Rabobank’s risk-weighted assets reduced by EUR 1 billion

Transaction contributes to further optimisation of balance sheet Utrecht, Netherlands, 03-Nov-2017 — /EuropaWire/ — Rabobank has transferred part of the risk on its commercial credit portfolio involving loans to business customers in Europe and North America amounting to EUR 3 … Read the full press release

Rabobank: the Digital Trade Chain platform rebranded to we.trade

Utrecht, Netherlands, 20-Oct-2017 — /EuropaWire/ — Since January 2017, Rabobank , six other banks (Deutsche Bank, HSBC, KBC, Natixis, Societé Generale and UniCredit) and IBM are developing the Digital Trade Chain platform. This ground-breaking shared platform aims at making domestic and … Read the full press release