ZkpriC January feiïruary Marcfi May June Kaoo Interpolis Rabobank and the Interpo lis insurance company an- nounce plans for a more exten- sive form of cooperation. At that time Rabobank already had 10 per cent of the shares. Bond loan Rabobank in Luxembourg raises three hundred million Luxembourg francs on the Luxembourg capital market with a bond loan. The bonds were issued at an interest rate of 9.5 per cent with an issue price of 101.25 per cent. Rabo bank Luxembourg is also co- lead manager. Polish bankers Rabobank establishes in tensive contacts with the Polish Gospodarki Zywnosciowej Bank. This bank urgently needs to strengthen its management and raise its level of know- ledge. Rabobank offers to give individual training to its staff. Among other things, the top people from the Polish bank are guests of the local Rabo bank De Eerde in the province of Noord Brabant. Visser joins Executive Board Henk Visser is appointed a member of the Executive Board of Rabobank Nederland. Prior to this he managed the Cor- porate Banking and Interna tional Divisions. Satisfaction about '89 At a crowded press confer ence, Executive Board Chairman Herman Wijffels expresses satis faction about the 1989 results. Substantial credits were granted to companies. The position as regards housing mortgages also improved in the retail mar ket. The growth of savings con- tinued vigorously. Cooperation with CERA Rabobank and the Belgian cooperative bank CERA an- nounce their intention to in- crease their cooperation in cer- tain fields. The CERA bank has a balance sheet total of Dfl. 25 billion, 4,300 employees and 1,000 offices. The cooperation is aimed at joint product devel- opment and the electronic dis- tribution of bank services. Farmers at head office Some eighty arable farmers block the entrances and exits of the Rabobank Nederland building in Utrecht with trac tors. They want an interview with Herman Wijffels, and get it. He agrees that the farmers' situation is intolerable. Rabo bank continues to support pro- jects which contribute to the arable farmers' position. Rabobank Foundation helps in Indonesia The Rabobank Foundation promises six million Rupiah to a cooperative on East Java. The Kelud volcano erupted there twice in three days damaging houses and buildings. The pro duction of coffee, chocolate and sugar cane wiil be zero this year. Joint venture with Bank Duta Rabobank announces plans to set up a joint venture with the Indonesian Bank Duta. The representative office there is not allowed to handle banking business itself. The joint ven ture wiil remove the obstacles. Bank Duta is the ninth largest commercial bank in Indonesia in terms of its balance sheet total. ABN/Amro merge Completely unexpectedly, the two largest Dutch banks - ABN and Amro - announce they intend to merge. The combined bank wiil be the sixth largest in Europe and rank among the top 25 on the world list of banks. Successful Spanish day 350 businessmen and ac count managers of local Rabo- banks attend the theme day on Spain. General Manager in Madrid, Maus Barendrecht, presents his office and talks about the possibilities offered by Banco Popular Espanol. First international management trainee Rabobank Nederland and Raibobank do Brasil, develop a one-year intensive training pro- gramme to prepare talented young managers for future leadership positions in Latin America. Berry Marttin is the first international trainee. Business payment transactions Rabobank introducés new rates for business payment transactions in the Nether- lands. That means an adjust- ment of interest payments on the business account, the abol- ition of value days and the in- troduction of an individual transaction rate. The aim is to make payment transactions in the business market cost-effec- tive. Reactions to the new ap- proach are positive. Milan opened Rabobank Nederland's rep resentative office in Milan is Issue 8/Dec. 17, 1990 band opened officially at the begin ning of May. Top people from Dutch businesses in Italy are guests at a crowded reception. Dott. P. Marengo (r) of the Credito Italiano, congratulated Executive Board Chairman Wijffels and the General Man ager of the representative of fice in Milan, Cees Jansen. Bond loan in Switzerland Rabobank Nederland raises one hundred million francs on the Swiss capital market with a bond loan. The bonds are listed on the stock exchanges of Zurich and Basle. Cooperation with Robeco The Robeco Group and Rabo bank Nederland announce their intention to cooperate. The Rabobanks wiil carry the Robe co investment funds exclusive- ly as in-house managed funds. Rabobank's own in-house funds wiil be incorporated in the Robeco range. Robeco thus has over two thousand points of sale available to it: the Rabo bank branches. With managed assets of around Dfl. 45 billion the Robeco group is the largest independent investment group outside the United States. In addition to the head office in Rotterdam, there are branches in Paris, Geneva, Brussels, London, Curagao and Monte video. Doing business with Italy At the one-day meeting de- voted to Italy, for which almost four hundred business clients came to Utrecht, Cees Jansen talks about the possibilities of fered by the representative of fice in Milan. De Bekker joins Rabobank Foundation The Rabobank Foundation says farewell to Dr. Doede Wind, who has been secre- tary/treasurer since 1976. He is succeeded by Cees de Bekker. The Rabobank Founda tion gives financial contribu- tions to projects in the Nether- lands and abroad. Outside the Netherlands these mainly re-

Rabobank Bronnenarchief

blad 'Raboband International' (EN) | 1990 | | pagina 6