Excellence Awards 2017 - Best Trade Bank in Soft Commodities: Rabobank

Awards | 1 August 2017

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Rabobank has made it five years in succession as it holds onto the Best Trade Bank in Soft Commodities award.

The bank continues to be a well-informed leader in the soft commodities market, with its food and agribusiness research team of over 80 analysts, and rural banking operations in key origins markets such as Brazil, Australia and the US keeping it ahead of the curve.

Rabobank was also involved in two deals that received recognition in the TFR Deals of 2016 awards, with its ‘farm to fabric’ US$20m pre-export finance for NWK Agri-services receiving a commercial winner award, while its US$500m financing for Gunvor USA (structured alongside ABN AMRO) was highly commended.

The NWK deal allowed the agribusiness to finance local production of cotton, purchase the cotton while still in the fields, and export it to Rabobank’s clients who had pre-paid for the stock.

“Providing solutions and facilitating trade is close to our heart and part of our trading inheritance,” said Karel Valken, global head trade and commodity finance agri.

“Separately we are proud of the market position we achieved in the cocoa market for pre-financing cocoa beans combined with a significant cocoa SIP activity, which again we want to combine with ‘green brokerage’ – applying blended impact financing and underscoring the importance of our sustainability proposition.”

Runners up: HSBC and Crédit Agricole (seven banks were nominated).

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