Agribusiness banking review released
Agricultural lender Rabobank has been named the best agribusiness bank in Australia for the fourth consecutive year.
The Merrill Lynch Business Banking review, which gave the rating, named Rabobank the strongest financial institution for the rural sector by “a considerable margin”.
The review said: “Looking across a range of franchise measures incorporating service, advice, product, response and growth momentum, we rate Rabo the strongest franchise on all dimensions by a considerable margin.”
Rabobank general manager, rural Australia, Peter Knoblanche said the review reinforced Rabobank’s philosophy of good service and expertise.
“Pleasingly, the review found that Rabobank clients returned the highest overall level of satisfaction with their bank relationship.”
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
