Rabobank cuts loan rate
Rabobank New Zealand will reduce the variable base rate on its rural loans by 0.5%, effective from 16 October 2024.
The 18 month-long programme offers university graduates with an interest in agriculture the opportunity to begin their careers with the global specialist agribusiness bank.
Up to ten graduates from around the country will be selected for the programme, which will provide them with employment experience and career development support across various divisions of the bank, including operations, country banking, risk, products and deposits and human resources.
Applications close on Sunday. August 14. The new intake of graduates will start the programme early next year.
Rabobank New Zealand chief executive Todd Charteris says the bank officially launched its graduate programme late last year and the first intake of graduates had now been with the bank six months. “With the bank’s sole focus on food and agribusiness, we’re acutely aware of the need to attract more talented young people into roles across the sector, and our graduate programme is one of the ways we’re helping support this objective,” he says.
“Graduates on the programme will be provided with support to grow in their chosen areas of interest, as well as the chance to be part of Rabobank’s inclusive and flexible work culture.
“They’ll also spend time in a number of our offices across New Zealand and gain valuable customer-facing experience that will help them to better understand Rabobank’s unique approach to servicing our clients.”
