Rabobank helps cooperatives

Rabobank helps cooperatives

JAKARTA (JP): Rabobank, one of the Netherlands' major banks,
will help to set up a cooperative banking system in Indonesia to
speed up the development of the country's cooperatives.

The Dutch bank said here on Friday that as part of the aid
program, the bank would provide technical support and expertise
in the establishment of a cooperative banking system.

The aid will be provided through the Indonesian Cooperative
Council (Dekopin), which is now preparing a cooperative bank on
the Rabobank model.

Rabobank said that it would make its contribution to the
cooperation efforts through Rabo International Advisory Services
(RIAS), the consultancy subsidiary of Rabobank
International.(hen)