The Board in Latin America 12 latin america What's NewS Issue 3 March 1996 Presidential meetings in both Brazil and Argentina were only two highlights of the bank's full Board of Directors' fact-finding visit to our operations in Brazil, Argentina, Chile and Cura^ao. Described as a huge success by all our people on the spot, the visit had a number of aims. One priority was for the board to meet local Rabobankers and gain increased insight into the markets and economies in which they work. In addition, the whistle-stop tour also provided a perfect opportunity to bring together clients and top management for high-level discussions. Dialogues were initiated between major corporates and our board which, according to Rabobankers in the region, have already paid off. What's NewS asks our people in Latin America and Cura^ao for their impressions. BRAZIL - LICENCE TO BANK In Sao Paulo, the Board's arrival was awaited in a state of intense anticipation. 'I think it would be fair to say we were all highly motivated,' says our correspondent Ahuva Belfer. 'Board chairman Herman Wijffels was to officially inaugurate the new bank and our new offices.' But before Wijffels could do the honours for Raibo do Brasil, he had an important appointment to keep. President Cardoso of Brazil had been instrumental in granting Raibo's banking licence, and he further honoured the bank by receiving, Wijffels, Willem Meijer, Rik van Slingelandt, Willy Castanheira and Teun de Boon in audience. HIGH EXPECTATIONS 'We see this meeting as a token of the contribution Raibo do Brasil had made to the agri-sector in this country,' says De Boon. 'Board members discussed economie developments and the Brasil: Mr. Antonio Cabrera State Secretary of Agriculture. Speech at opening Raibo do Brasil consequences of Mercosul with the President and Minister of Finance Malan before moving on to what the Brazilian government expects from Raibo do Brasil. It became clear these expectations are high, especially in terms of agribusiness finance. It was a lively discussion and lasted twice as long as planned.' VALUABLE CONTRIBUTION Fortunately for the organizers of the Board's further program in Brazil, everything else went according to plan and Schedule. 'We'd arranged a number of cliënt visits to major players here,' De Boon confirms. 'These included names like Holambra 1, Toepfer and Brahma. Our relationships with existing clients were already extremely good. Now we are in a position to expand our range of products, they can only improve. The general feeling here in Sao Paulo is that the Board's visit made a very valuable contribution to our entry into the Brazilian financial market.' ARGENTINA - PRESIDENTIAL RECEPTION 'In terms of cliënt response and satisfaction,' says general manager Peter Greenberg, 'the visit was very successful. The marketplace has taken, and will

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blad 'What's news' (EN) | 1996 | | pagina 12