mmi lleu Rabobank Telebanking Interpolis and AVCB merge Board of Directors in the Far East Corporate Finance Division nw) yeakope INTERNATIONAL Management Committee Central Banking Sector working on the future Wijffels in Japan Own office in Hungary Theme afternoon on Great Britain Staff communication magazine for the Rabobank Group Rabobank customers can now organize their international funds transfers more effi- ciently. Rabo Telebanking, the automated payments system, has been extended to include the International Payments module. This facility is advan- tageous for companies making at least eighteen foreign pay ments per month. The Interpolis insurance group, a subsidiary of the Rabo bank Group, intends to coop- erate more closely with the AVCB insurance group. The aim is to achieve a full merger. Both companies operate on a coop- erative basis. In January the Board of Direc tors of Rabobank Nederland will visit the branches in Hong Kong, Indonesia and Singapore. They will also pay visits to various companies and have discus- sions with top officials from the financiai world. The trip was cancelled last year as a result of the Gulf War. The Central Banking Sector of Rabobank Nederland used to have 4 divisions. Since Decem ber there are 5. The new Corpor ate Finance Division concentra- tes on providing capital market services to large companies and monitoring their implementation. 1992-,,,, The Management Committee of the Central Banking Sector has drawn up challenging plans for 1992, both for the organization in the Netherlands and for the foreign offices. The financiai world is on the move. Banks are merging, ever- increasing integration is taking place between banks and insurance companies, the countries of Europe are moving towards unification and positive developments can be seen in Latin America and Eastern Europe. All this calls for an appropriate reaction. Great importance is attached to strengthening our network both in the Netherlands and abroad. The Management Committee, the staff of the International Division and the editors wish all Rabobank employees throughout the world a very good 1992. Queen Beatrix paid a state visit to Japan in October. A number of top executives from Dutch industry travelled along with her. One of them was Executive Board Chairman, Herman Wijffels. The Netherlands imports five billion dollars' worth of products annually from Japan and its annual exports to that country amount to the same total. Among other things, Wijffels investigated the possibilities for selling more Dutch products in Japan. His programme included visits to the Ministry of Agri- culture and Japanese banks. The developments in Eastern Europe offer great commer cial opportunities for the or- ganization's clients. The Leip- zig office was recently open- ed successfully in the former East Germany. Following that, possibilities for the bank in Poland, Czechoslovakia and Hungary were also investi gated. It was soon apparent that pref- erence had to be given to hav- ing our own presence in the market. Hungary offers the best opportunities for this at present, in January, Henk Leliveld of Rabobank Neder land in Utrecht will move into an office in Budapest. In the first two months he will mainly concentrate on getting a clear picture of the market and the commercial possibilities. Next, he will turn his attention to advising and guiding the cus tomers of the Rabobank Group and to developing the busi ness volume. At the start of December two hundred and fifty cus tomers of local Rabobanks attended a theme afternoon on Great Britain in Utrecht. They were accompanied by a number of account managers from the banks concerned. The meeting was one of a series on countries where Rabobank has a branch of its own. Previous meetings dealt with Italy, France and Ger many, among others. Items on the programme included a number of talks on doing business with the United King- dom, the role Rabobank can play in this and the ailiance partner Lioyds Bank. Willem van Lynden, general manager of the London Branch, also gave a talk.

Rabobank Bronnenarchief

blad 'Raboband International' (EN) | 1992 | | pagina 1