Canara Robeco
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1) CANARA BANK

Canara Bank, established in 1906, is a leading nationalised Bank operating in India and abroad, through its network of branches in India and offices in London, Moscow, Hong Kong and managing exchange companies in UAE. The Bank is known for its innovative, visionary and forward thinking policies in the Banking sector. In addition to the three Regional Rural Banks including Pragathi Gramin Bank, Shreyas Gramin Bank and South Malabar Gramin Bak, the Bank has the following companies as subsidiaries.

Canfin Homes Ltd., Canbank Investment Management Services Ltd., Gilt Securities Trading Corporation Ltd, Canbank Factors Ltd. Canbank Financial Services Ltd., Canbank Venture Capital Fund Ltd. & Canbank Computer Services Ltd.

The Bank’s owned funds stood at Rs. 8,296 crores as on 31.03.2008. The capital adequacy ratio of the Bank, as on 31.03.2008 was 13.25 % as against 9% stipulated by the RBI. Financial performance of Canara Bank is given below:

  Rs. (in Crores)
 
Year Ended 31st March 2005 2006 2007 2008
 
Total Deposits 95682.00 116803.00 142381.00 154072.00
Total Advances 61129.00 79426.00 98506.00 107238.00
Number of Branches 2508 2532 2578 2578
Total Income 9115.80 10027.00 12815.00 16413.60
Operating Profit 2585.33 2549.00 2912.00 2959.38
Profit after Tax 1109.51 1343.22 1420.81 1565.01
Equity Capital 410.00 410.00 410.00 410.00
Reserve 5582.04 6608.86 7701.12 7885.63
Net-worth 5992.04 7018.86 8111.12 8296.00
Earning per Share (in Rs.) 27.06 32.76 34.65 38.17
Book Value (in Rs.) 146.15 171.19 197.83 202.33
Dividend Paid (%) 55 66  70 80
   
 
2) ROBECO GROEP N V.

Robeco Groep N.V. (Robeco) is wholly owned by Rabobank Nederland. Rabobank, with a AAA credit rating and enjoys an award winning sustainability rating. Rabobank Group offers a wide range of financial services. Robeco is positioned as the Rabobank Group’s centre of competence for its asset management business. Robeco has been engaged in global asset management for over 75 years and over these years has gained specialized investment capabilities in the major asset classes of equity, fixed income and money market, as well as in structured and alternative investments, including hedge funds and private equity.

Robeco has investment operations in The Netherlands, France, and the United States, as well as an extensive marketing and sales network throughout the world. Rabobank Nederland and Robeco has numerous subsidiaries across the world and Robeco’s subsidiaries include Robeco Institutional Asset Management B.V, Robeco Direct N.V, Robeco Fund Management B.V, Robeco USA Inc. etc.

Robeco is a 75-year old asset manager, with over Rs. 8,09,000 crores ( EUR 146 billion) under management as of Dec 31, 2007. Robeco provides investment products and services to around 700 institutional clients and 1.5 million investors around the World.

Robeco India Holding B.V., is a wholly owned subsidiary of Robeco International Holding B.V., which is a wholly owned subsidiary of Robeco. For investment through Robeco India Holding B.V., Robeco has furnished the necessary guarantee to stand behind and be responsible for the obligations of Robeco India Holding B.V., under the Securities and Exchange Board of India (Mutual Funds) Regulations, 1996 ( The Regulations ) as also under the joint venture documentation concluded in this regard.

  (Rs in crores as on 31st December of each year)
 
Financial performance of Robeco Groep N.V.
 
Description 2004 2005 2006 2007
Total income 3128.92 3524.94 3674.82 4633.70
Profit after tax 747.74 860.29 1078.69 1132.60
Equity Capital 6389.55 5770.67 6112.79 6167.10
Reserves 2935.53 4072.66 5521.55 7424.58
Net worth 3263.69 4212.91 5557.08 7219.30
Earnings per share 33.63 35.86 49.55 49.92
Book value per share 143.84 185.68 244.92 318.18
Dividend Paid (%) 39 Nil Nil Nil
 
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