Rabobank has been recognised as 'Australia's Most Recommended Agribusiness Bank'* in this year's DBM Australian Financial Awards.
The agricultural banking specialist was presented with the award at the recent DBM Australian Financial Awards ceremony in Sydney.
The accolade is among a suite of awards based on findings from national research agency DBM Consultants' survey questioning more than 80,000 consumers and businesses about their attitudes towards Australia's financial institutions and their products.
Rabobank Group Executive for Country Banking Australia Marcel van Doremaele said of all the agribusinesses surveyed, Rabobank's clients were found to be the most likely to recommend their bank.
"This is a demonstration of the value our clients place on the service and support they receive from the bank and the close relationships we enjoy with our clients," he said.
Mr van Doremaele said as part of a global specialist food and agribusiness banking cooperative which grew out of the Netherlands in 1898, Rabobank was founded by farmers for farmers.
"As a specialist agribusiness bank, our authentic and sole focus is on food and agribusiness and we have a deep knowledge and understanding right across the value chain," he said.
"As part of a global cooperative, Rabobank has no shareholders and our priority is our clients. We remain true to our mission – to create value for our clients, employees and the rural communities in which we work. And this is obviously recognised by our clients and very much resonates with them."
In Australia, Rabobank is one of the leading lenders to the farm sector and a significant provider of business and corporate banking services to the country's food and agribusiness industries.
Mr van Doremaele said the bank was "proud of the 'Most Recommended Agribusiness Bank' award and of the role we are playing in supporting our farmers to help feed the world".
*This award is based on 12 months of Business Financial Services Monitor (BFSM) data from January-December 2018.
