Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Rabobank opens afresh in central Christchurch

Rabobank opens afresh in central Christchurch


Continued strong growth in New Zealand has seen specialist agribusiness lender Rabobank relocate to state-of-the-art premises in the new ‘Rabobank Building’ in central Christchurch.

The Christchurch branch of the world’s leading specialist agribusiness bank and the third largest lender to rural New Zealand reopened on Monday 14 April at Level 2, 12 Papanui Rabobank northern south island regional manager David Clarke said the new premises catered for expanding staff numbers and would enable the branch to better service rural farmers and agribusinesses in the Canterbury region.

“We’ve almost doubled in staff numbers in the last decade so we’re excited to move to modern, newer premises with improved technology and more space, which will allow us to grow into the future,” he said.

Rabobank’s Christchurch branch offers the full spectrum of services to agricultural industries with a local rural banking division (‘on-farm’), a food and agribusiness banking operation (‘beyond the farm gate’), a credit approvals division as well as members of the Bank’s renowned Food & Agribusiness Research and Advisory team.

“Rabobank clients benefit from our leading local and global agribusiness expertise and

knowledge,” Mr Clarke said. “We meet with our clients where it’s convenient for them – at the kitchen table for some or at the boardroom table for others – and provide access to personal service and agriculturally-focused finance products.”

The relocation of a global brand towards the centre of Christchurch, which was
significantly affected by the earthquake, demonstrates optimism in the future of the city.

“We’re one of the first major banks to move towards central Christchurch after the earthquake and we’re in reach of the vibrant Victoria street precinct where many professionals are starting to relocate, which will assist us in working together in support of our clients,” Mr Clarke said.

The purpose-built Rabobank branch is easy to locate with improved parking facilities for clients, larger boardrooms and green-rated services.

Mr Clarke said the branch is well positioned to capitalise on a bright outlook for the “It’s an exciting time for agriculture in this country with a growing world population increasingly looking to New Zealand to supply quality food products,” he said.

“And we’ve got plenty of talented food producers in this region, who are optimistic about the future.

“Dairy farmers have had a stellar year on the back of strong prices and improved production, while sheep and beef farmers and viticulture growers are expecting a better year compared to the last.

“The region is strong, the city is on the rebound and we’ve got a great team of people in place supporting the future of agriculture.”

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Economic Update: RBNZ Says Rate Cut Seems Likely

The Reserve Bank will likely cut interest rates further as a persistently strong kiwi dollar makes it difficult for the bank to meet its inflation target, it said. The local currency fell. More>>

ALSO:

House Price Action Plan: RBNZ Signals National Lending Restrictions

The central bank wants to cap bank lending to property investors with a deposit of less than 40 percent at 5 percent and restore the 10 percent limit for owner-occupiers wanting to take out a mortgage with a deposit of less than 20 percent, according to a consultation paper released today. More>>

ALSO:

Sparks Fly: Gordon Campbell On China Steel Dumping Allegations

No doubt, officials on the China desk at MFAT have prided themselves on fashioning a niche position for New Zealand right in between the US and China – and leveraging off both of them! Well, as the Aussies would say, of MFAT: tell ‘em they’re dreaming. More>>

ALSO:

Loan Sharks: Finance Companies Found Guilty Of Breaching Fair Trading Act

Finance companies Budget Loans and Evolution Finance, run by former 1980s corporate high-flyer Allan Hawkins, have been found guilty of 106 charges of breaching the Fair Trading Act for misleading 21 borrowers while enforcing loan contracts. More>>

ALSO:

Post Panama Papers: Govt To Adopt Shewan's Foreign Trust Recommendations

The government will adopt all of the recommendations from former PwC chairman John Shewan to increase disclosure and introduce a register for foreign trusts with new legislation to be introduced next month. More>>

ALSO:

The Price Of Cheese: Cheddar At Eight-Year Low

Food prices decreased 0.5 percent in the year to June 2016, influenced by lower grocery food prices (down 2.3 percent), Statistics New Zealand said today. Compared with June 2015, cheese prices were down 9.5 percent, fresh milk was down 3.9 percent, and yoghurt was down 9.2 percent. More>>

ALSO:

Financial Advisers: New 'Customer-First' Obligations

Goldsmith plans to do away with the current adviser designations which he says have been "unsatisfactory" in that some advisers are obliged to disclose potential conflicts of interest and act in their customers' best interests, but others are not. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news