RABOBANK SHANGHAI
SIGNS MAJOR CREDIT FACILITY
WITH TNT CHINA
Rabobank holds
first global R&R
conference
Asia
Global
Rabobank Shanghai signed a major revolving
credit facility with TNT China, a subsidiary
of Netherlands-based TNT, an express and
mail delivery company active in over 200
countries.
The three-yearcommitted bilateral revolving
credit facility will be instrumental in
Rabobank further developing its lending
relationship with TNT, and contributes to
both parties strong intentions to expand
their mutual relationship. The facility was
secured by a guarantee from TNT in the
Netherlands, and will be used to support
the expansion of TNT's activities in China.
The deal was established through close
cooperation between the various teams from
Rabobank and TNT, and is strongly supported
by Rl Corporate Clients Netherlands. For
Rabobank Shanghai, this facility paves the
way to secure cross sell in the form of local
foreign exchange. It has initiated a dialogue
between TNT China and DLL China to discuss
leasing opportunities.
In June, around 70 colleagues
from across the international
network gathered in the
Netherlands for the first-
ever global Rural Retail
(R&R) conference. Berry
Marttin (Executive Board
member of Rabobank
Group and Chairman of the R&R MT), opened the conference with
a retrospective of the period since R&R's inception in 2009. He
evaluated the strategy, called to mind the promise R&R made to the
Central Assembly and pointed out the challenges in living up to that
promise. Marttin: "Looking forward, we are in execution mode. We
stick to our strategy and follow through on our ambitions: being the
leading F&A bank in our selected countries, applying a long term
customer centric orientation, truly embedding our cooperative
values internationally and maintaining high CSR standards."
Subsequently, Harry de Roo (CFRO) discussed the fïnancial aspects
of the R&R business. Sander Pruijs (CCO East) addressed the need
for and strength of teamwork, structure and focus in overcoming
challenges. Participants in a panel discussion, hosted by Rob van
Zadelhoff (CCO West) elaborated on how they are executing R&R's
strategy within their region. External speakers Petri Hofsté (De
Nederlandsche Bank) and Roger Peverelli (innovation- and customer
centricity expert) addressed
the future of banking from a
regulators' and an innovation
view, respectively.
The second day started off
with a panel discussion that
was thought provokingly
hosted by Ralf Dekker (COO).
Bert Mertens (special advisor
to R&R) and member bank
directors Dick Hak and Fred van Heyningen discussed ways to
export our cooperative values all throughout our network, both
internally and externally. Later that day, the participants witnessed
the 'Rabobank democracy' in practice; they visited the General
Assembly in Utrecht. In a preliminary evaluation of the conference,
R&R's Extended MT identified a number of topics that require a
follow up: thought leadership, cooperative values, social media
and international sponsoring.
issue 28 a RI WORLD
