natgillin/translations-raw huggingface dataset:
The restructuring plan to overcome the bank’s structural and operational deficits consists, on the one hand, of measures for the disposal, merger and liquidation of subsidiaries or business areas with a view to the future concentration of the bank on its core business and, on the other, of measures to increase the efficiency and profitability of the core business (reorganisation sphere) itself through cost reductions, concentration of activities and reduction of risk positions.
Načrt prestrukturiranja za premostitev strukturnih in operativnih primanjkljajev banke po eni strani sestavljajo ukrepi odsvojitve, združitve in likvidacije hčerinskih družb ali poslovnih področij, saj se bo banka v prihodnje osredotočila na svojo osnovno dejavnost, po drugi strani pa ukrepi za povečanje učinkovitosti in donosnosti osnovne dejavnosti (sanacijski krog), tudi z zniževanjem stroškov in osredotočanjem dejavnosti na krčenje tveganih postavk.
Some of the restructuring measures, both within and outside the core business, may be regarded simultaneously as measures to compensate competitors in so far as they result in a reduction in the bank’s market presence.
Nekatere ukrepe prestrukturiranja znotraj kot tudi zunaj osnovne dejavnosti je mogoče sočasno upoštevati tudi za kompenzacijske ukrepe tekmecev, v kolikor povzročijo zmanjšanje navzočnosti banke na trgu.
The restructuring plan relates to the period 2001 to 2006.
Načrt prestrukturiranja velja za časovno obdobje od leta 2001 do leta 2006.
The target structure of the restructuring plan as submitted to the Commission in the summer of 2003 is that of a regional bank focused on the core business of retail banking (private banking and corporate banking under the names Berliner Sparkasse and Berliner Bank), supplemented by higher-margin capital market business (BGB and LBB) and real estate financing business (BGB, LBB and BerlinHyp).
Ciljna struktura načrta prestrukturiranja, kakršen je bil Komisiji predložen poleti 2003, je regionalna banka usmerjena v osnovno dejavnost, ki jo predstavljajo bančne storitve za občane (poslovanje z zasebnimi strankami in podjetja pod imenoma Berliner Sparkasse in Berliner Bank) in dopolnjuje dejavnost na trgu kapitala z višjimi maržami (BGB in LBB) ter posel financiranja nepremičnin (BGB, LBB in BerlinHyp).
In 2006 the retail business should accordingly contribute just over [...]* of the group’s earnings (just under EUR [...]*), the capital market business about [...]* % (approximately EUR [...]*) and real estate financing about [...]* % (approximately EUR [...]*).
Bančno poslovanje z občani bi potemtakem v letu 2006 prispevalo nekaj več kot [...]* donosa koncerna (skoraj [...]* EUR), poslovanje na trgu kapitala približno [...]* % (približno [...]* EUR) in financiranje nepremičnin približno [...]* % (približno [...]* EUR).
Owing to the relatively higher share of the costs accounted for by retail banking, retail and capital market business should, however, contribute about [...]* to the operating result.
Vendar bi zaradi dokaj visokega deleža stroškov pri bančnem poslovanju z občani moralo bančno poslovanje z občani in na trgu kapitala prispevati [...]* k poslovnemu rezultatu.
The essential principles of the restructuring are the permanent restoration of the bank’s earning power and the lasting reduction of its costs, the lessening of risks to a normal market level and, through this, the improvement of the bank's ability to access the capital market.
Bistvena načela prestrukturiranja so trajna ponovna vzpostavitev donosnosti in trajno zniževanje bančnih stroškov ter skrčenje tveganj na tržno običajen obseg in s tem izboljšanje sposobnosti banke na trgu kapitala.
Specifically, during the restructuring period 2001 to 2006, the operating result should, as presented to the Commission in the summer of 2003, improve to well over EUR [...]* a year and, to this end, administrative expenditure above all should be reduced disproportionately by just over EUR [...]*.
Konkretno naj bi se v obdobju prestrukturiranja od leta 2001 do leta 2006 po načrtu prestrukturiranja, ki ga je imela Komisija poleti 2003, poslovni izid po rezervacijah za tveganje izboljšali bistveno nad [...]* na leto in v ta namen bi se naj zlasti upravni stroški nadsorazmerno zmanjšali za dobrih [...]*.
Risk positions, which are decisive when it comes to calculating the core‐capital ratio, should be reduced between 2001 and 2006 by about [...]* % from just under EUR [...]* to a little over EUR [...]*. The bank aims to raise the core‐capital ratio in the medium term to at least 7 %.
Postavke tveganja, odločilne za izračun stopnje temeljnega kapitala, je treba v obdobju od leta 2001 do leta 2006 znižati iz skoraj [...]* EUR za približno [...]* % na nekaj več kot [...]* EUR. Banka si prizadeva srednjeročno zvišati stopnjo temeljnega kapitala na najmanj 7 %.
Analysis of the structural and operational measures in the individual business areas
Analiza strukturnih in operativnih ukrepov posameznih področij dejavnosti
In view of the main reasons for what went wrong at BGB, key measures such as a radical reduction in the number of employees by more than half overall (from some 15000 to some 6500), the abandonment, reduction or systematic closure of high-risk business areas or business areas not belonging to the core business of a regional retail bank, better internal control mechanisms and leaner structures both in-house and in subsidiaries are, in the opinion of the Commission and its advisers, reasonable steps towards making the company profitable once more and erasing the mistakes of the past.
Na osnovi glavnih vzrokov napačnega razvoja BGB v preteklosti so ključni ukrepi, kot na primer radikalno zmanjšanje števila zaposlenih za skupaj več kot polovico (s približno 15000 na okoli 6500), naloge v zvezi s krčenjem ali urejeno ukinitvijo dejavnosti, ki so tvegana ali pa ne sodijo k osnovni dejavnosti regionalne banke, ki posluje z občani, boljši mehanizmi notranjega nadzora in bolj vitka notranja organizacija in udeležbe po mnenju Komisije in njenih svetovalcev razumni ukrepi za ponovno vzpostavitev rentabilnosti podjetja in za premagovanje napak, storjenih v preteklosti.
The operational improvements stem from internal measures and include the abandonment of loss-making activities.
Operativne izboljšave izhajajo iz notranjih ukrepov in vključujejo opustitev dejavnosti, ki prinašajo izgube.
The Commission, in the light of the analysis undertaken by Mazars, views the prescribed measures as basically sound.
Komisija ocenjuje predvidene ukrepe v skladu z analizo revizijske družbe Mazars kot plodne.
They have already largely been implemented or are on schedule.
Ukrepi so bili večinoma že izvedeni ali pa so v načrtu.
The detailed picture is as follows:
Podrobno velja sledeče:
Retail business in the private banking field
Bančno poslovanje z občani
For retail business in the private banking field, the original restructuring plan consisted in focusing on regional business under the names Berliner Sparkasse and Berliner Bank (the latter is now, according to Germany, to be divested separately), optimising the workflow and substantially cutting back the workforce.
Prvotni osnutek za prestrukturiranje bančnega poslovanja z občani je temeljil na osredotočanju na regionalne dejavnosti z imeni Berliner Sparkasse in Berliner Bank (slednja bo sedaj po privolitvi Nemčije odcepljena) z namenom optimiranja poteka dela ter znatnega zmanjšanja kapacitet zaposlenih.
The plan, which has already largely been implemented, provides for the disposal of holdings which do not fit in with the defined regional core business and for branch closures.
Osnutek, ki je bil v večji meri že izveden, si prizadeva za odsvojitev udeležb, ki ne sodijo k opredeljenim regionalnim osnovnim dejavnostim in za zaprtje podružnic.
Total earnings are set to [...]* in the reorganisation sphere from 2001 to 2006, while total administrative expenditure during the same period should fall by more than [...]* % and profit before tax should rise from below minus EUR [...]* to about EUR [...]*. Risk positions are to be significantly reduced.
Znesek prihodkov bi moral v sanacijskem krogu od leta 2001 do leta 2006 znašati [...]*, medtem ko bi se morala vsota upravnih stroškov v enakem obdobju zmanjšati za več kot [...]* %, dobiček pred davki pa povečati iz minus [...]* EUR na [...]* EUR. Tvegane postavke bi bilo treba znatno zmanjšati.
The number of employees is to be cut from about 6000 in 2001 to a little over [...]* in the reorganised group in 2006.
Število zaposlenih bi bilo treba znižati iz približno 6000 zaposlenih v letu 2001 na nekaj več kot [...]* v saniranem koncernu leta 2006.
Private banking’s cost/income ratio is to be improved from just under [...]* % in 2001 to just under [...]* % in 2006.
Razmerje stroškov in poslovnih prihodkov z zasebnimi strankami bi se moralo izboljšala iz skoraj [...]* % v letu 2001 na skoraj [...]* % v letu 2006.
These measures have already been largely implemented according to plan.
Ukrepi so bili večinoma že izvedeni približno po načrtu.
Only the sale of Weberbank with a total asset value of EUR 4,4 billion has been delayed but the likelihood is that it will be able to go ahead in 2004.
Zavlekla se je samo odsvojitev Weberbank, katere premoženjska vrednost znaša skupno 4,4 milijarde EUR, vendar bo predvidoma izvedena v letu 2004.
The Commission, in line with the analysis conducted by Mazars, considers that the plan at this stage is a sound basis to achieve long-term viability in the private banking field.
V skladu z analizo revizijske družbe Mazars je Komisija ocenila načrt na tej stopnji kot ustrezno osnovo za vzpostavitev dolgoročne rentabilnosti pri dejavnosti poslovanja z zasebnimi strankami.
Retail business in the corporate banking field and future remaining business with the public sector
Bančno poslovanje z občani na področju strank podjetja, ter prihodnja preostala dejavnost poslovanja z javnimi organi
The measures taken or scheduled under the original plan in the private banking field have an extensive impact at the same time in the corporate banking field, in which category the remaining part of the public sector segment will in future be placed.
Sprejeti ali naèrtovani ukrepi prvotnega osnutka na podroèju poslovanja z zasebnimi strankami vplivajo veèinoma soèasno na podroèje poslovanja s podjetji, del katerega bo v prihodnje tudi preostali del dejavnosti poslovanja z javnimi organi.
The plan provides for a cessation of corporate banking outside Berlin.
Osnutek predvideva uveljaviti poslovanje s podjetji zunaj Berlina.
Staff numbers are to be cut by more than [...]* %.
Število zaposlenih bi se moralo skrèiti za veè kot [...]* %.
Corporate banking’s cost/income ratio is to be improved from just under [...]* % in 2001 to a little over [...]* %.
Razmerje stroškov in poslovnih prihodkov pri poslovanju s podjetji se bi naj izboljšalo iz skoraj [...]* % v letu 2001 na nekaj veè kot [...]* %.
As confirmed by Mazars, these measures had already largely been implemented or were generally on schedule.
Kot je potrdila revizijska družba Mazars, so bili ti ukrepi večinoma že izvedeni oz. napredujejo v skladu z načrtom.
The Commission considered them likely, as the plan stood; to achieve satisfactory profitability in the corporate and public sector banking business and to restrict the bank to its core business in the Berlin/Brandenburg region in this field too.
Komisija ocenjuje kot verjetno, da ukrepi na tej stopnji načrta vzpostavljajo zadovoljivo rentabilnost dejavnosti poslovanja s podjetji in javnimi organi in da banko tudi na tem področju omejujejo na njeno osnovno dejavnost na področju Berlina/Brandenburga.
Capital market business
Poslovanje na trgu kapitala
The capital market business is being restructured to free up capital through a suitable reduction in risk positions and to enhance workflow efficiency.
Poslovanje na trgu kapitala bo prestrukturirano v tem smislu, da bo z ustreznim zmanjšanjem tveganih postavk sproščen lastniški kapital in izboljšana učinkovitost delovnih postopkov.
To this end, own-account business (share and interest credit products) in all capital market areas is to be concentrated under one roof, clearly separated from private banking and reduced overall.
V ta namen bi se naj lastno trgovanje (delnic produkti in produkti z obrestnimi krediti) na vseh področjih trga kapitala združilo, jasno ločilo od trgovanja s strankami, in v celoti skrčilo.
It is to be restricted to Germany, Europe and the United States, while the emerging‐markets business is to be abandoned.
Priti mora do omejitve na Nemčijo, Evropo in Združene države Amerike, poslovanje na nastajajočih trgih pa je treba opustiti.
The interest derivatives portfolio is also to be sharply reduced and limited to customer-oriented positions.
Prav tako bi naj znatno skrčil portfelj izvedenih obrestnih instrumentov, ki bi se omejil na postavke, osredotočene na stranke.
On the other hand, the less risky non-bank customer business is to be expanded, especially in relation to interest‐rate and equity products.
Po drugi strani bi se naj izgradila dejavnost trgovanja za stranke, ki je manj tvegana zlasti glede na produkte obresti in lastniškega kapitala.
Total earnings should fall only slightly between 2001 and 2006, while total administrative expenditure should fall by about [...]* % during the same period and profit before tax should increase by about [...]* %.
Vsota prihodkov naj bi se od leta 2001 do leta 2006 zmanjšala le nekoliko, vsota upravljalnih stroškov v enakem časovnem obdobju bi se zmanjšala za približno [...]* %, dobiček pred davki pa bi se povečal za približno [...]* %.
Risk positions should be reduced by about [...]* %, as should the workforce.
Tvegane postavke kakor tudi število zaposlenih naj bi se skrčilo za [...]* %.
It is intended that the cost/income ratio of the capital market business should be improved from just over [...]* % in 2001 to about [...]* % in 2006.
Razmerje stroškov in poslovnih prihodkov poslovanja na trgu kapitala se bo predvidoma izboljšalo iz dobrih [...]* % v 2001 na približno [...]* % v 2006.
According to Mazars, the planned measures had been largely implemented or were on schedule.
Kot je potrdila revizijska družba Mazars, so bili načrtovani ukrepi v tem času večinoma že izvedeni oz. potekajo po časovnem načrtu.
The Commission considers them to be sufficient to safeguard the earning power of this business in the future and, at the same time, to keep the risks to the bank within manageable proportions.
Komisija je te ukrepe ocenila kot zadostne za zagotovitev prihodnje rentabilnost teh področij dejavnosti ter sočasno omejitev tveganja banke na obvladljivo mero.
In the Commission’s opinion, the focusing on non-bank customer business and the concentration and organisational separation of own-account business improves transparency, reduces risks and helps the bank to manage these better.
Osredotočanje na trgovanje s strankami in združevanje ter organizacijska odcepitev lastnega trgovanja po mnenju Komisije izboljšuje preglednost, zmanjšuje tveganja in banki pomaga pri boljšem obvladovanju slednjega.
Thanks to the significant reduction in risk positions, capital will be freed up, and this will be conducive to increasing the capital ratio and hence to securing the bank’s future capital market capability once institutional liability and guarantor liability have been done away with.
Z znatnim zmanjšanjem tveganih postavk se bo sprostil lastniški kapital, kar bo koristilo povečanju stopnje kapitalizacije in s tem v prihodnje zagotovilo sposobnost banke na trgu kapitala, ko bo odpadla obveznost za ohranjanje javnega podjetja in jamstvo garanta.
Real estate financing business
Dejavnost financiranja nepremičnin
In restructuring the real estate financing business, risk reduction has top priority.
Prednostna naloga na podroèju prestrukturiranja dejavnosti financiranja nepremiènin je zmanjšanje tveganj.
To this end, an inventory of risks is gradually to be compiled with a view to eliminating the worst risks and restricting new business to low-risk customers.
V ta namen naj bi se portfelj tveganj postopoma spreminjal na tak naèin, da bi se odpravila slaba tveganja, novo poslovanje pa bi se omejilo na stranke, ki predstavljajo nizko tveganje.
The risk management function is to be expanded.
Izboljšalo naj bi se podroèje upravljanja tveganj.
The workflow is to be optimised and risk control improved.
Delovni poteki naj bi se optimirali, kontroling tveganj pa izboljšal.
The core business is to include in future the financing of commercial investors and residential property construction companies primarily in selected large cities in western Germany less hard-hit by the crisis in the real estate market as well as, to a certain extent, in Berlin and Brandenburg.
K osnovni dejavnosti naj bi v prihodnje sodilo financiranje vlagateljev-graditeljev in družb za gradnjo stanovanj za trg, ki izbirajo velemesta v zahodni Nemèiji, ki jih kriza na nepremièninskem trgu ni tako moèno zajela, v doloèeni meri pa bi se ohranilo tudi v Berlinu in Brandenburgu.
The financing of commercial investors is a relatively stable, low-risk business.
Financiranje vlagateljev-graditeljev je dokaj stabilen posel z malo tveganji.
A supra-regional focus is necessary to diversify risk and ensure a sufficiently varied portfolio as well as to exploit regional growth potentials and existing regional market know-how.
Za razpršitev tveganj in zagotovitev ustrezne mešanice portfelja je potrebna nadregionalna usmeritev, ki omogoèa izrabo regionalnih potencialov rasti in že obstojeèega regionalnega znanja.
Without supra-regional components in real estate financing, there was a threat of a substantial worsening in the credit rating and in refinancing rates.
Brez nadregionalne komponente pri financiranju nepremiènin bi grozila znatno poslabšanje ratinga in stopenj refinanciranja.
On the other hand, there is to be a move away from high-risk segments of the real estate business with unsatisfactory margins.
Opustili pa naj bi se tvegani segmenti dejavnosti nepremiènin z nezadovoljivimi maržami.
The bank considers an improvement in earnings from new business through a reorientation of such business to be realistic.
Banka meni, da je izboljšanje izida pri novem poslu zaradi spremenjene njegove usmerjenosti realistièno.
In order to improve earnings from existing business, risk specialists are to be employed increasingly for risky commitments.
Za izboljšanje izida obstojeèega poslovanja bi bilo treba pritegniti strokovnjake na podroèju tveganja za ogrožene obveznosti.
This will, according to the bank, lead to a review and critical reassessment of existing business, where appropriate with the help of outside consultants acting on instructions from and in conjunction with the team of in-house experts.
Obstojeèi portfelj bi naj bil obdelan in na novo kritièno ocenjen, po potrebi z najetjem zunanjih izvedencev, ki bodo delali po doloèilih in v spremstvu lastne izvedeniške službe.
Direct personnel and non‐personnel costs are to be reduced by about [...]* % by 2005.
Tudi neposredni materialni stroški in stroški za osebje naj bi se do leta 2005 zmanjšali za približno [...]* %.
Another important means of improving earnings is the development of reorganisation strategies for non‐performing commitments and the introduction in 2002 of group-wide risk control, which previously existed in only a few areas, as well as the introduction of suitable early‐warning instruments.
Pomemben vzvod za izboljšanje izida je tudi razvoj sanacijskih strategij za neizpolnjene obveznosti ter uvedba kontrolinga tveganj v celotnem koncernu v letu 2002, ki je prej obstajal samo na posameznih podroèjih, ter uveljavitev primernih instrumentov za zgodnje opozarjanje.
Total earnings from 2001 to 2006 are set to rise by just over [...]* % to [...]*.
Vsota prihodkov naj bi od leta 2001 do leta 2006 narasla za dobrih [...]* % [...]*.
Total administrative expenditure during the same period should, however, fall by about [...]* %.
Nasprotno pa naj bi se vsota upravnih stroškov v enakem èasovnem obdobju zmanjšala za približno [...]* %.
These measures had already largely been implemented or were, in most instances, on schedule.
Ukrepi so v veèji meri že izvedeni oz. zajeti v naèrtu.
The Commission regards them fundamentally as steps in the right direction.
Komisija meni, da so ukrepi, za katere si banka prizadeva, koraki v pravo smer.
However, in the opinion of the Commission and its advisers, implementation of the desired improvements is, as regards data quality, still behind schedule.
Vendar po mnenju Komisije in njenih svetovalcev kakovosti podatkov izvedenih izboljšav, za katere si banka prizadeva, zaostaja za naèrtovanimi.
This unsatisfactory state of affairs might hamper the operability of the risk management system.
Ta nezadovoljiva situacija lahko po možnosti ovira sposobnost delovanja sistema za upravljanje tveganj.
In addition, the Commission, in line with Mazars’ findings, doubts whether the bank will succeed in generating in future a sufficient volume of business with the desired high margins from customers with low risk profiles.
V skladu z analizo, ki jo je opravila revizijska družba Mazars, komisija dvomi tudi, ali bo banki uspelo v prihodnje ustvariti zadostni obseg poslovanja s ciljnimi ustrezno visokimi maržami pri strankah z nizkim profilom tveganja.
According to Germany’s own data, the real estate financing market is characterised by highly intense competition and is currently in the middle of a consolidation process.
Po lastnih navedbah Nemèije je trg financiranja nepremiènin zaznamovan z veliko tekmovalnostjo in je zaenkrat v postopku uskupinjevanja.
As the most attractive market segment in the real estate financing field, the target customers aimed at by BGB are also being strongly wooed by other suppliers.
Za ciljne stranke BGB, kot najatraktivnejši segment trga financiranja nepremiènin, si moèno prizadevajo tudi drugi ponudniki.
Any slippage from target would have a direct impact on the desired future interest surplus.
Zgrešen cilj bi neposredno vplival na obrestni presežek, za katerega si v prihodnje prizadevajo.
On the basis of the figures for the summer of 2003 made available to the Commission’s advisers, the underperformance at the time in the generation of new business would have led on an extrapolated basis to a considerable interest earnings shortfall.
Na osnovi številk iz poletja 2003, predloženih svetovalcem Komisije, bi takrat obstojeèe nedoseganje ciljev pri ustvarjanju novih poslov, preneseno na prihodnost, povzroèilo znaten izpad prihodkov iz obresti.
If the underperformance were to deteriorate in future, then the shortfall in interest earnings would likewise increase.
Èe se bi nedoseganje cilja v prihodnje poveèevalo, bi se ustrezno poostril tudi obseg izpada prihodkov iz obresti.
The future generation of sufficient new business depends crucially on market trends in the Berlin/Brandenburg region, where the focal point of BGB’s business continues to lie.
Prihodnje ustvarjanje zadostnega obsega novih poslov je v glavnem odvisno od razvoja trga v pokrajinah Berlin/Brandenburg, ki sta še vedno težišèe dejavnosti BGB.
If the bank were to have insufficient success here, this would have a lasting impact especially on the value of BGB’s holding in BerlinHyp and would necessitate further write‐downs in the current book value of EUR [...]*, which would have a negative effect on earnings and, perhaps, the core‐capital ratio of the bank.
Èe banka pri tem ne bi imela zadostnega uspeha, bi to povzroèilo dolgotrajne uèinke, še zlasti na vrednost udeležbe BGB v BerlinHyp in zahtevalo dodatno amortizacijo knjižne vrednosti iz sedanjih [...]* EUR, kar bi obremenjevalo izid in morebiti stopnjo temeljnega kapitala banke.
This question is discussed in greater detail below (paragraph 249).
Vprašanje bo še podrobneje obravnavano (obrobna številka 249).
In line with Mazars’ findings, the Commission considers, however, that the bank's overall viability is not called into question by the remaining problems in the real estate finacing business.
Vendar pa Komisija v skladu z revizijsko družbo Mazars meni, da o splošni življenjski sposobnosti banke kljub preostalim težavam na podroèju financiranja nepremiènin ni dvoma.