CBS UNITED -
REVISITED
Rabobank
What's NewS
Issue 1 April 1995
The kick-off meetings held around the world last autumn were
no mere flash in the pan. You are now reading one of the direct
results of the drive for closer cooperation between the divisions
that make up the Central Banking Sector. 'Co-workers are part
ners' was among the ten points stressed in the mission statement.
But if we are to be true partners, then we all have to have the
same information. This is why What's NewS has been created. It
is designed to provide all CBS staff, wherever they are, with news
updates on what is happening within the organization. Each div-
ision is represented in the editorial board and you can contact
that person if you have news or items of interest for publication.
We look forward to hearing from you...
Who's who in the editorial board- 1Frans Cuppen (Corporate Banking)
2. Dominique Bech (Corporate Finance) 3.Cees van Rest (International)
4. Flans Reusch (Agri Business Research) 5. Ruurd Weulen Kranenberg
(Financial Markets) 6.Jan van den Bosch (Operations) 7. Ben Wentrup
(International) 8. Louis van Woerden (P&O) 9. Stan Polman (Editor in
chief) lO.NoorTania (Marketing Services/Final Editor) 11. Anne Lavelle
(Editor International) 12.Annelien Goote (Editor Utrecht)
13. Eva van Teeseling (Editorial assistant).
in brief
RAIBO HOSTS LA
REGIONAL TRADE
CONFERENCE
The bank's Latin American
operations generate around
US$ 1.5 billion of the total
US$ 7.2 billion trade finance
turnover. AU of the region's
offices and New York were re
presented at the second annual
trade finance meeting which
provides a forum for discus
sion, communication and
networking.
At present, all of the offices in
the region are rep operations
and focus primarily on provid-
ing short-term trade finance.
Soft commodities, such as
grains, soya beans and fruit are
the main sources of the re
gion's high volume and turn
over. However, all of the econ-
omies in Latin America are
interrelated to some extent and
what affects one can have re-
percussions through the re
gion. An important point of
discussion was the Mexican
peso crisis and how it affects
transnational trade in the area.
But in spite of ongoing econ
omie problems in some South
American countries, interna
tional chief Rik van Slinge-
landt confirmed the bank's
commitment to the region and
announced further investment
of NLG 2 billion over the next
five years. 'I'd like to convey
the confidence head office has
in this group of people,' he
said, 'it is really total confi
dence. I am most grateful for
all the efforts you put in to our
activities.'
ANALIST AWARD
Rabobank has instituted a
special annual award for the
best Dutch financial analyst.
The winner will be selected by
corporates and investment
institutions. The first award
will be presented in 1996.
MAROCCAN FOCUS
Over 40 primarily small and
medium-sized companies at-
tended the specialized 'country
day' held in Utrecht on April
3. 'The most interested clients
tend to be those just starting in
a new market - in this case
Marocco,' says country desk
specialist Ivar Cambridge. Re-
presentatives from the Maroc-
can Board of Trade and Indus-
try and the EU commission for
commerce with non-EC Medi-
terranean countries made pre-
sentations. Says Cambridge:
'Our input is to outline econ
omie development and the op-
portunities we see there, be-
sides explaining what kind of
services and assistance we can
offer.'
CRIME PAYS?
The Dutch Justice Department
has launched an experiment to
combat laundering and other
unlawful financial dealings. A
premium is currently offered to
banks to encourage them to re
port suspect clients. The ex
periment will be evaluated at
the end of this year.