New faces -1
New faces - II
2
in brief
WHAT'S NewS Issue 4 April 1996
(what's in a word)
We're back with financial
markets this month for the
weird and wonderful in
terminology and jargonese.
Bullet A loan with one single
repayment at maturity date.
Interest is paid periodically.
Cap An option agreement
which places an upper limit on
the price or amount of interest
to be paid by one party. Caps
are based on a reference rate
that is refixed every few months.
Diederik Conijtt may now be on the Utrecht payroll, but bis
colleagues at the bank in Brussels will still be seeing a lot of bim.
For the past 14 months he has been handling corporate finance in the
Belgian capital, but now takes on a very new task for the bank.
Flis new activity is known as 'European Union Advisory' and his
task is to utilize financial subsidy opportunities available through the
EU for both clients and the bank itself.
'There are numerous EU financial support programs,he says.
'Many focus on the member states themselves, but there are also
major opportunities outside the EU. Harnassing those programs to
assist clients will be my job.
Conijn will be explaining this new role to What's NewS in more
depth in the June issue.
NEW ADDRESS - 1
Rabo - BRP Bank Polska S.A.
54 Koszykowa Street
00-956 Warsaw 10
P.O. Box No. 8
Poland
Tel. 00.48.22.6254230
Fax 00.48.22.6254317
We stay in Belgium, this time to
introducé Willy Van den Houdt
who took over the general
managership from Frans van
Bijsterveld on February 1.
Some 200 guests attended the
reception to welcome Van den
Houdt and say farewell to Van
Bijsterveld. The new general
manager brings 27 years of
banking experience gained with
Bank of America and Citibank.
Masthead
Editorial Staff David Brown (Editor),
Anne Lavelle (Editor), Stan Polman (Editor
in Chief),NoorTania (Final Editor/
Marketing Services).
Editorial Address Rabobank Nederland,
Piet Philipsen, Editorial assistant,
UC-R 519, P.O. Box 17100,3500 HG
UTRECHT.
Telephone:+31 (0)30 2162083
Telefax:+31 (0)30 2161904
Internet
E-Mail address Philipsen, P.@ico_uc@comm
(for internal use only)
Internet-address,
raboband @ico_uc@comm
Designed and printed by
Hoonte Holland bv, Utrecht.
Please send change of address cards to:
A. de Keijzer, BC 102 A.
NEW ADDRESS - 2
Rabobank (Switserland) Limited
Brandschenkestrasse 41
P.O. Box
CH-8039 Zürich
Switzerland
Tel. 00.41.1.2012828
Fax 00.41.1.2013378
people J-
Ireland Dara Rowley is
appointed within Corporate
Banking and Philip Ryan is the
new senior dealer-FX.
Hungary Gabriella Evinich
strengthens the commercial team.
Netherlands Roel van Veggel is
appointed senior marketing
manager Marketing Services CBS.
Financial Markets has a new
dealer Fixed Income trading in
Luciano Westerveld. Within
Corporate Banking Rob van
Zadelhoff will head the new
formed account management
team Media Telecom. Patty
Gout is the new accountmanager
for the Healthcare Team, while
Luuk Hans will take over as
teamleader. Patty is coming from
Rabobank Hilversum Mariëlle
van Zuilen of this team will leave
the bank. Edwin de Buck of Agri
Project Finance leaves the bank.
Poland Oet Bakker is appointed
general manager of Rabo-BRP
Bank Polska. Oet is coming from
Rabobank Paris where he was
general manager.
Singapore Anton van Etten is
appointed Currency Option
Dealer, he is coming from the
Financial Markets Division in
Utrecht Rona Tey Pei Pei is the
new officer in the Private
Banking department. Wee Ai
Leen and Chia Lee Lian are
appointed officer respectively
senior officer in the derivatives
operation.
Floor Same as a cap, but for
bottom limit.
OTC option Traded in the so-
called 'over-the-counter'
market as opposed to through
an organized exchange. OTC
options are negotiated on
amount, exercise price,
underlying instrument and
expiry date.
Collar An OTC option which
places an upper and bottom
limit on the price or amount of
interest to be paid by one
party.
Exercise price The predeter-
mined price of an option. Als'
exercise date/notice - mean
exactly what they say.
Underlying instrument Can
be anything from stocks, stock
indices, currencies, short-term
futures, swaps, bonds and
commodities.
Repo Actually a kind of fixed-
period loan.A repurchase
agreement (REPO) is a contract
by which the initiator sells a
security in exchange for cash,
but also makes a simultaneous
agreement to repurchase the
security at a specified price and,
usually, predetermined date.
Structured funding A
combination of instruments to
create an innovative and even
unusual source of funding.
Synthetics A combination of
products put together to create
another product.
