IN BRIEF
Kano
Information day
on Spain
Further inter-
nationalization of
De Lage Landen
Rabobank
presents Fazioli
concert grand
ADCA-BANK
sponsors six-day
cycle race
in Stuttgart
New office
building in
London
Issue 6/April 6, 1990 band
Rabobank has had a repre-
sentative office in Madrid
since the end of last year. To
bring this to the attention of
potential Dutch customers,
an information day on Spain
was held in February at the of
fices of Rabobank Nederland
in Utrecht. Some four hundred
customers of local banks re-
sponded to the invitation. Her
man Wijffels, Chairman of the
Executive Board, opened the
meeting.
Since Spain joined the Euro-
pean community, interest in
this country among Dutch busi-
nessmen has grown sharply.
Dutch trade with Spain is
steadily increasing. Last year
Dutch exports to Spain rose by
40%, compared with 1988, to
around f 5.4 billion. Spain is
also popular as an investment
country. The Netherlands ac-
counted tor more than 10% of
the totai foreign investments in
1989. The growth of activities
between the Netherlands and
Spain led Rabobank to open
its own office in Madrid. To be
able to offer our services to
Dutch customers throughout
the whole country, a collabora-
tive agreement was signed
with the Banco Popular Espa-
hol.
Those attending the informa
tion day were told by various
speakers about the possibili-
ties which Spain - and particu-
larly Rabobank in Spain - has
to offer. One of the speakers
was Maus Barendrecht (sec-
ond from right). He is the man
ager of the representative of
fice in Spain.
De Lage Landen, a subsidiary
of the Rabobank Group, spe-
cializing in, among other things,
leasing and factoring, has taken
over 'Centrale Factor', a French
factoring company.
By taking over this group, which
also has branches in Munich
and Milan, De Lage Landen
is extending its international
activities to Southern Europe.
'Centrale Factor' has 25 em
ployees and achieved a turnover
of about FF 1.1 billion in 1989.
Some years ago De Lage Landen
embarked on a course of
vigorous international expansion.
In 1987 it undertook a joint
venture with the Belgian savings
bank Cera, which was followed, in
1988, by a similar agreement
with the West German ADCA-
Bank. Last year De Lage Landen
opened a branch in Great
Britain.
Rabobank Nederland has
presented a Fazioli concert
grand to the 'Vredenburg' mu-
sic centre in Utrecht. With
this gift, the bank puts the
concert hall one step ahead,
for it is the first Fazioli concert
grand in the Netherlands. The
Italian constructor Paolo
Fazioli delivered the instru
ment personally and briefly
played it in.
The first concert on the Fazioli
was given in Utrecht by the
Italian Enrico Pace. Last year
he won the Liszt competition,
of which Rabobank was the
main sponsor. Hundreds of
Rabobank colleagues attended
the first concert and were wild-
iy enthusiastic about the per
formance. From 27 April on-
wards, the concert grand will
be taken on tour through the
Netherlands. Another three
Faziolis are being brought to
the Netherlands from other
countries in Europe for this oc
casion. This concert tour is also
being sponsored by Rabobank.
The 'voice' of the new con
cert grand was
head for the
first time at
the Frankfurt
Music Fair in
1981. lts de
signer is Paolo,
the youngest
of six sons of
the Italian fur-
niture maker
Fazioli, who
himself had al-
ready experi-
mented with
building pianos
in the thirties.
Paolo (second
The six-day cycle race in
Stuttgart (West-Germany) has
developed into an annual
sporting and social highlight.
Good reason for ADCA-BANK
to invite a number of the cy-
cling enthusiasts among its
customers to visit this spec-
tacular event.
The well-known former Dutch
racing cyclist Hennie Kuiper
(left) and Sven Epple (centre),
twice German junior champion,
told ADCA chief executive Hans
van der Velde (right) and his
customers all about the se-
crets and tactics of the sport.
ADCA-BANK sponsored one of
the races. This was given the
name ADCA-Sprint and was
won by Danny Clark and Bruno
Holenweger.
from left) studied piano at the
Pesaro conservatory. At the
same time, he studied mech-
anics at the University of
Rome. With one special aim in
mind. He wanted to develop the
perfect concert grand. Paolo
set up a factory close to Venice
and linked the tradition of the
old instrument makers' craft to
the latest technical achieve-
ments. The wood for the con
cert grand comes from the so-
called resonance spruce from
the forest in the Val di Femme,
from which Stradivarius used to
obtain the wood for his famous
violins.
In mid-1990 the
staff of the London
Branch will move into
their new office on the
periphery of the City,
the financial heart of
the capital. The old
premises in Mark Lane
had already become
too small in the space
of three years, hence
the move. The new
building has been rent-
ed with growth in mind. The I immediately will be subiet until
rooms which are not required I they are needed.
