Dit prospectus is gemaakt voor de uitgifte van dit product en ... - Iex

59.1 per cent., and the return on equity, or net profit expressed as a percentage of core capital, was 8.7 percent. In the first half of 2009, Rabobank Group realised a 18 per cent. decline in net profit to € 1.3 billion anda RAROC or the risk-adjusted return on capital, of 11.8 per cent. after tax. At 30 June 2009, Rabobank Grouphad 60,490 full-time employees.Rabobank GroupBusiness activities of Rabobank GroupThrough Rabobank Nederland, the local Rabobanks and its subsidiaries, Rabobank Group provides services inthe following five core business areas: domestic retail banking, wholesale and international retail banking,asset management and investment, leasing and real estate.Domestic retail bankingThe domestic retail banking business comprises the local Rabobanks, Obvion N.V. (“Obvion”) andRabohypotheekbank N.V. (“Rabohypotheekbank”). The 152 independent local Rabobanks have nearly 1,100branches and operate more than 3,000 cash-dispensing machines. In the Netherlands, Rabobank is the largestmortgage bank, savings bank and insurance agent. Based on internal estimates, the Group believes it is alsothe leading bank for the small and medium-sized enterprises sector in the Netherlands. Obvion focuses239