Memorandum of Understanding

BFA and Rabobank signed on 11 April a Memorandum of Understanding. The aim of this Memorandum is to establish a partnership so that the Bank can benefit from Rabobank's experience and obtain practical and oriented solutions that contribute to risk mitigation in the concession of loans to the agri-food sector.

The Memorandum also foresees the future availability of joint financing as well as capacity building exchanges between staff of the two banks.

Rabobank is the second largest bank in the Kingdom of the Netherlands, with 125 years of activity in agribusiness and global leader in financing services for the agri-food sector and oriented sustainability.

The signing of the Memorandum, was lead by our Agribusiness Department, a body whose mission is to support the sustainable development of agribusiness in Angola.