Home > Rabobank Named Best Agribusiness Bank in Australia

Rabobank Named Best Agribusiness Bank in Australia

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article image Peter Knoblanche, Rabobank General Manager Country Banking Australia

Agricultural banking specialist Rabobank has been named the best agribusiness bank in Australia by the independent Merrill Lynch Business Banking Review.  

The Merrill Lynch review rates the performance of leading banks and financial institutions that provide banking services to the Australia rural sector. Rabobank has achieved this rating for the past six years.     

According to the review, Merrill Lynch rates Rabo ‘the strongest agribusiness franchise’ across a range of franchise measures incorporating service, advice, product, response and growth momentum.  

Merrill Lynch also states that Rabo dominates most elements of the customer value proposition, continuing to rank No. 1 across the majority of their measures.    

The bank was also shown to have the most positive business momentum, recording the strongest growth in market share.  

Rabobank General Manager Country Banking Australia, Peter Knoblanche said that the latest Merrill Lynch review showed Rabobank had further cemented its position as the top-ranked provider of agribusiness banking services in Australia.  

He adds that Rabobank’s consistent ranking as best agribusiness bank in Australia in the past six consecutive Merrill Lynch Business Banking Reviews is a reflection of their specialist commitment to the agricultural sector.  

Rabobank is a world-leading food and agribusiness bank, one of Australia’s foremost rural banking lenders and a major provider of corporate financial services to the food and agribusiness sectors.  

Internationally, the bank has more than 110 years of experience providing banking services to businesses involved in food and agribusiness.  

Highlights of the Merrill Lynch Business Banking Review: 

  • In the area of customer service, Rabobank ‘ranks the best in class across all measures’
  • Rabo ranks best on relationship management and satisfaction
  • Rabobank continued to outperform in the advice area, including provision of access to agri specialists, banker expertise, understanding of customer business and sound banking advice
  • Rabobank ranked highest on product offering and ‘again leads the way in terms of response and flexibility’
  • In terms of growth in the rural lending market, the review found the ‘key trend is an upward shift in Rabobank’

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