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DLL Group information


DLL
Company typeFully owned subsidiary
IndustryFinancial services
Founded1969
HeadquartersEindhoven
Key people
Carlo van Kemenade, Chairman of the Board
Mike Janse (COO)
Marc Dierckx (CFO)
Yke Hoefsmit (CRO)
Neal Garnett (CCO)
ProductsLeasing
Vendor finance
Commercial finance
Fleet solutions[buzzword]
Number of employees
>5,000 (2020)
Websitewww.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]

  1. ^ https://www.dllgroup.com/en/-/media/Project/Dll/Global/Documents/Annual-Reports/2021-DLL-Pillar-3-Report.pdf
  2. ^ "Ranking of Top European Leasing Companies" (PDF). Leaseurope. Leaseurope. Retrieved 16 June 2015.
  3. ^ "Carlo van Kemenade - Chief Executive Officer (CEO) and Chairman of the Executive Board". ED.nl. Eindhovens Dagblad. Retrieved 17 June 2015.

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