 | |
| Company type | Fully owned subsidiary |
|---|---|
| Industry | Financial services |
| Founded | 1969 |
| Headquarters | Eindhoven |
Key people | Carlo van Kemenade, Chairman of the Board Mike Janse (COO) Marc Dierckx (CFO) Yke Hoefsmit (CRO) Neal Garnett (CCO) |
| Products | Leasing Vendor finance Commercial finance Fleet solutions[buzzword] |
Number of employees | >5,000 (2020) |
| Website | www.dllgroup.com |
De Lage Landen International B.V. (DLL) is a global vendor finance company with almost EUR 40 billion in assets. Founded in 1969 and headquartered in Eindhoven, The Netherlands, it provides asset-based financial solutions[buzzword] in the Agriculture, Food, Healthcare, Clean technology, Construction, Transportation, Industrial Equipment, Office Equipment and Technology industries.
DLL is a wholly owned subsidiary of Rabobank Group.
DLL is a credit institution under the Capital Requirements Regulation (CRR) and is a 100% subsidiary of the Coöperatieve Rabobank U.A. (Rabobank). DLL operates through local legal entities, which may conduct business using local licenses and under supervision of local regulators (e.g., DLL Finans AB in Sweden and Banco De Lage Landen Brasil S.A. in Brasil). For (part of) the business in Germany, Italy, Spain and Portugal, business is executed in branches of DLL where the passporting rights of DLL are leveraged. DLL holds 100% of the shares of its subsidiaries, except for “ joint ventures,” where DLL still controls the entities by having a majority in voting rights and economic interest.[1]
In 2013, DLL was ranked in the top five of European Leasing Companies and, in 2014, ranked first in the Top 25 Vendor Finance companies in the U.S.[2] Carlo van Kemenade is the Chief Executive Officer.[3]
