FinTech Magazine - September 2021 | Page 69

DLL

Leveraging scale , diversity and tech , DLL is customer-centred and is committed to changing how they do things to support their customers

T hey say you can ’ t teach an old dog new tricks , but DLL is showing ‘ them ’ wrong . “ We are listening , even if it means we change what we do and have done for the last 50 years ,” says Rafe Rosato , Chief Innovation Officer of DLL . Rooted in its history , DLL remains committed to supporting the communities in which it operates by offering financial services , expertise , manpower , in-kind contributions and more . Rafe says , “ Ultimately , our mission is to first do good in the world .”

DLL has kicked off a new journey in which they leverage diversity and the power of scale and partnerships to help them in becoming a value-led , customer-centred business that will fuel growth — naturally .
Forwarding the Strength of Community Rafe shares the DLL story : “ DLL is a whollyowned subsidiary of Rabobank Group , which is a Dutch cooperative bank . The bank itself has been in existence for over a hundred years . DLL was launched in 1969 by five individuals who worked for Rabobank . They started up this little Dutch equipment finance company when a client asked if Rabobank would be interested in financing equipment and providing a lease product .” Rabobank itself emerged from the Raiffeisenbank and the Boerenleenbank , two banks modelled on an agricultural credit cooperative established by rural German mayor Friedrich Wilhelm Raiffeisen ( 1818-1888 ). Raiffeisen believed that credit
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