In the 19th Century, Europe was in Turmoil.
Social conscious pioneers encourages people to standup for their rights to form a political parties, unions and cooperatives.
Its here, Rabobank Story Begins, inspired by Friedrich wilhelm Raiefeisen who was Mayor of small town in Germany Heddesdorf in 1850, was deeply concerned with lot of its citizens. Farmers really had tough time, they left with little to enable them to survive, much less buy new seed.
Raiefeisen came up with solution that was both effective and simple : self sufficiency through self organization and self management. He called on the farmers and setup their own bank, Agricultural bank.
Towards the end of 19th century, string of small banks runs by people for the people sprang up in various cities in Nederland. This leads into the form of Rabobank.
RABOBANK, officially Coöperatieve Centrale RAiffeisen-BOerenleenbank B.A., cooperative banking system in the Netherlands
Social conscious pioneers encourages people to standup for their rights to form a political parties, unions and cooperatives.
Its here, Rabobank Story Begins, inspired by Friedrich wilhelm Raiefeisen who was Mayor of small town in Germany Heddesdorf in 1850, was deeply concerned with lot of its citizens. Farmers really had tough time, they left with little to enable them to survive, much less buy new seed.
Raiefeisen came up with solution that was both effective and simple : self sufficiency through self organization and self management. He called on the farmers and setup their own bank, Agricultural bank.
Towards the end of 19th century, string of small banks runs by people for the people sprang up in various cities in Nederland. This leads into the form of Rabobank.
RABOBANK, officially Coöperatieve Centrale RAiffeisen-BOerenleenbank B.A., cooperative banking system in the Netherlands
