natgillin/translations-raw huggingface dataset:
In terms of first giro accounts held by private customers, it estimates its own market share or penetration in 2002 at 48 %.
Po lastnih navedbah je bil njen delež oz. navzočnost na trgu v letu 2002, merjena po prvi povezavi depozitarnega računa pri poslovanju z občani, 48 %.
In terms of nationwide real estate financing (all mortgage lending), according to the information supplied with the notification, BGB had a market share of about 5 % in 2000, which put it in third place.
Glede na financiranje nepremičnin po vsej Nemčiji (vsi hipotekarni krediti) je po prijavljenih podatkih BGB leta 2000 zasedala tretje mesto s 5 % deležem.
According to more recent information, its ranking is not as high, or has fallen back in the meantime.
Po aktualnih informacijah sedaj tega mesta ne zaseda oz. ga ne bo zasedala.
On 31 December 2001 BGB’s portfolio of mortgages amounted to EUR 33 billion, of which 90 % was in Germany, and the rest related to real estate financing abroad.
Več kot 90 % portfelja hipotek BGB v višini 33 milijard EUR je na dan 31. december 2001 obstajalo v Nemčiji, ostalo je veljalo za financiranje nepremičnin v tujini.
In other lines of business, BGB is not among the leading banks either inside Germany or internationally.
Na ostalih področjih BGB ne sodi med vodilne banke niti v Nemčiji niti mednarodno.
Precise figures for market and segment shares here are not available.
Tako podatki o konkretnih tržnih ali segmentnih deležih niso na voljo.
The difficulties at BGB that publicly emerged in 2001 had their origin in the first place in real estate services but also in real estate financing.
Težave BGB, ki so prišle v javnost leta 2001, izvirajo zlasti iz poslovnega področja nepremičninskih storitev, pa tudi iz financiranja nepremičnin.
Two important components in the real estate services provided in the 1990s by BGB’s subsidiary IBG were real estate funds, project development and building work.
Bistveni sestavni deli nepremičninske storitvene dejavnosti, ki ga je v 90-tih vodila hčerinska družba IBG, so bili poslovanje s skladi in razvijanje projektov oz. gradnja nepremičnin za trg.
IBG was set up at the beginning of the 1990s as a subsidiary of LBB; in the second half of the 1990s the shareholders were BGB itself (10 %), Berliner Bank AG (30 %), LBB (30 %) and BerlinHyp (30 %).
Največje delničarke IBG, ki je bila ustanovljena na začetku 90-tih kot hčerinska družba LBB, so bile med sredino in koncem 90-tih najprej sama BGB AG (10 %), Berliner Bank AG (30 %), LBB (30 %) in Berlin Hyp (30 %).
Berliner Bank AG was then merged into BGB AG, and BGB AG inherited Berliner Bank’s shares in IBG.
Po združitvi Berliner Bank AG z BGB so slednji pripadli tudi deleži Berliner Bank v IBG.
The ownership structure is currently as follows: 40 % BGB, 30 % LBB and 30 % BerlinHyp.
Lastniška struktura je danes sledeča: 40 % BGB, 30 % LBB in 30 % Berlin Hyp.
Prior to 2000 IBG set up an increasing volume of real estate funds.
IBG je do leta 2000 v vse večji meri ustanavljala nepremičninske sklade.
Investors in these funds were given extensive guarantees, particularly long‐term guarantees regarding rent, dividends and renewal.
Vlagateljem so ob tem dodeljevali obsežne garancije, zlasti dolgoročne najemniške, izplačilne in revitalizacijske garancije.
In order to set up new funds, new property was acquired or built.
Za ustanavljanje novih skladov so kupovali oz. gradili nove nepremičnine.
The guarantees were based on an expectation that property values would be high or indeed rising, which meant that risks accumulated as prices and rents in fact dropped, especially in Berlin and the new Länder.
Osnova garancij so bile pričakovane še vedno visoke ali celo naraščajoče vrednosti nepremičnin, kar je pri dejansko močno padajočih cenah in najemninah, zlasti v Berlinu in v novih deželah pripeljalo do kopičenja tveganj.
When these problems began to emerge in the course of 2000, BGB considered selling IBG’s main business.
Ko so se v teku leta 2000 začele pojavljati te težave, je BGB načrtovala prodajo glavnega posla IBG.
In December 2000, therefore, the bulk of IBG’s business was transferred to the newly set‐up IBAG, with the exception of ‘old’ risks and liabilities occasioned by IBG and its subsidiaries, which were transferred to the newly set‐up LPFV Finanzbeteiligungs‐ und Verwaltungs‐GmbH (LPFV).
Tako je bil decembra 2000 glavni del posla IBG prenesen na novoustanovljeno IBAG, z izjemo „starih“ tveganj in obveznosti, ki jih je do 31. decembra 2000 povzročila IBG in njena hčerinska družba, in ki so prešle na novoustanovljeno LPFV Finanzbeteiligungs- und Verwaltungs-GmbH („LPFV“).
But the plans to sell IBAG came to nothing.
Vendar so načrti za prodajo IBAG spodleteli.
Both IBAG and LPFV are now wholly owned subsidiaries of BGB.
Danes je BGB 100 % lastnica družbe IBAG, kot tudi družbe LPFV.
The old IBG kept only a few peripheral lines of business.
V IBG so ostale samo obrobne dejavnosti.
Further problems arising in this period concerned real estate financing, carried on mainly by BerlinHyp but also by LBB and BGB itself.
Dodatne težave, ki so se pojavile v tem času, so zadevale posel financiranja nepremičnin, ki je v glavnem vodila BerlinHyp, pa tudi LBB in BGB.
This comprises the granting of loans to finance large property projects, especially commercial projects, rather than the granting of mortgage loans to finance private housing, which falls within the retail banking business.
Poslovno področje obsega dajanje kreditov za financiranje večjih nepremičninskih projektov, zlasti kot investicijo, in ne dajanje hipotekarnih kreditov za financiranje zasebnih nepremičnin, ki spadajo v področje bančne dejavnosti poslovanja s prebivalstvom.
As the property market slackened, there were increasing difficulties in real estate financing, as a result in particular of a level of risk provisions that had not been adequate.
Vedno večje težave na področju posla financiranja nepremičnin, nastale zaradi ohladitve nepremičninskega trga, so zlasti posledica rezervacij za tveganja, ki je bilo v tem času nezadostno.
In the first half of 2001 BGB found itself in acute difficulty.
V prvi polovici leta 2001 je BGB zašla v akutno krizo.
The main causes were loan defaults in real estate financing and guarantee obligations on IBG/IBAG/LPFV that were falling due in the funds business, for which provisions of about EUR 1 billion had to be set aside at the end of 2000, along with the need to adjust the value of building projects in progress and to increase risk provision in real estate financing.
Vzrok so bili zlasti dvomljivi krediti za financiranje nepremičnin, za IBG/IBAG/LPFV pa garancijske obveznosti iz poslovanja s skladi, ki so pri zaključnem računu za leto 2000 povzročili 1 milijardo EUR rezervacij, potreben popravek vrednosti za tekoče projekte investicijskih gradenj za trg, kot tudi večje rezervacija za tveganja na področju financiranja nepremičnin.
In May BGB's own‐funds ratio fell below the 8 % required by law.
Zaradi tega so lastni viri BGB maja padli pod zakonito predpisano stopnjo lastnih virov v višini 8 %.
The shortfall that needed to be made up to reach a core‐capital ratio of 5 % and thus to return to the own‐funds ratio of 9,7 % that had obtained before the crisis was estimated at the time at about EUR 2000 million. The Land of Berlin issued in May 2001 a declaration of intent guaranteeing that the necessary capital would be injected.
Finančni primanjkljaj, ki ga je bilo treba pokriti, da bi dosegli 5,0 % stopnjo temeljnega kapitala, ki bi omogočil vrnitev na 9,7 % stopnjo lastnih virov, ki je obstajala pred krizo, je bil tedaj ocenjen s približno 2 milijardi EUR. Z izjavo o namenu je dežela Berlin maja 2001 zagotovila ustrezen priliv kapitala v višini potrebnega zneska, ki ga je odobrila dežela.
The Commission authorised the aid as rescue aid, and in August 2001 BGB received a capital injection of exactly EUR 2000 million: EUR 1755 million from the Land of Berlin, EUR 166 million from NordLB, EUR 16 million from Parion (Gothaer Finanzholding AG) and EUR 63 million from small shareholders.
Ko je Komisija pomoč za reševanje odobrila, je BGB avgusta 2001 prejela priliv kapitala v natančni vrednosti 2 milijardi EUR: 1,755 milijarde EUR od dežele Berlin, 166 milijonov EUR od NordLB, 16 milijonov EUR od Parion (Gothaer Finanzholding AG) in 63 milijonov EUR od majhnih delničarjev.
In the months following, however, further risks were identified, especially in the real estate services operated by IBAG/IBG/LPFV.
Vendar pa so bila v mesecih, ki so sledili, odkrita dodatna tveganja, zlasti na področju nepremičninskih storitev družb IBAG/IBG/LPFV.
There was a danger that BGB’s capital might once again fall below the required minimum solvency ratios.
Obstajala je nevarnost, da bo kapital BGB ponovno padel pod najnižji potrebni koeficient solventnosti.
These risks arose once again out of the guarantee obligations in the real estate funds business and the sinking value of property that had been bought with a view to the setting up of new funds (reserve property).
Ta tveganja so ponovno veljala za garancijske obveze pri poslovanju s skladi, kot tudi na padajoče vrednosti nepremičnin, ki so bile kupljene za kasnejše ustanavljanja novih skladov („nepremičnine na zalogo“).
According to the information supplied by Germany, the interlocking profit‐and‐loss transfer agreements, guarantees and loans within the group made BGB liable for the bulk of these risks.
Zaradi prepletanja v koncernu med obstoječimi pogodbami o odvajanju poslovnega izida, izjavami o nameri materinskih družb in krediti, BGB na osnovi informacij, ki jih je predložila Nemčije, jamči za pretežni del navedenih tveganj.
In November 2001 the then Federal Credit Business Supervisory Office (Bundesaufsichtsamt für das Kreditwesen, ‘BAKred’) threatened BGB with temporary closure if it did not take measures to provision these risks by the end of 2001.
Novembra leta 2001 je tedanji Zvezni urad za kredite (BAKred, danes BAFin) BGB zagrozil z predčasnim zaprtjem, če do konca leta 2001 ne sprejme ukrepov za obvladovanje tveganj.
On 20 December 2001, therefore, the Land of Berlin, BGB, LBB, BerlinHyp, IBAG, IBG and LPFV concluded an agreement in principle to cover these risks by means of comprehensive guarantees.
Zato so 20. decembra 2001 dežela Berlin, BGB, LBB, Berlin Hyp, IBAG, IBG in LPFV podpisali temeljni sporazum, da bi tveganja pokrili z obširnimi garancijami in jamstvi.
The agreement in principle was replaced by a detailed agreement finally concluded on 16 April 2002.
Temeljni sporazum je nadomestil dokončen, podrobno dogovorjen sporazumom, ki je bil sprejet 16. aprila 2002.
The guarantees assumed in this agreement were known as the ‘risk shield’ (Risikoabschirmung); they are described in more detail below.
Garancije, prevzete s tem sporazumom, ki so označene kot „omejitev tveganja“, so podrobneje opisane v nadaljevanju.
The aid measures form part of the restructuring plan initially submitted in January 2002 and revised in the course of the investigation procedure, most recently in January 2004; the plan provides for a substantial reduction in the BGB group’s business and a concentration on private and corporate customers in the Berlin area.
Ukrepi pomoči so del prvotnega, v januarju 2002 predlaganega načrta za prestrukturiranje, nazadnje preoblikovanega v revizijskem postopku v januarju 2004, ki predvideva znatno skrčenje poslovnih dejavnosti koncerna BGB in koncentracijo na poslovanje z občani in podjetji na območju Berlina.
The capital market business and real estate financing are also to continue, though on a smaller scale (see paragraph 172 et seq.).
Poleg tega bi se naj, vendar v manjšem obsegu, nadaljevalo poslovanje na trgu kapitala, kot tudi financiranje nepremičnin (glej obrobne številke 172 in naprej).
Other areas, such as large customers and international business, including structured finance and mergers and acquisitions consultancy, are to be wound up, and others again, such as public sector business, are to be cut back drastically.
Nekatera področja dejavnosti, kot na primer velike stranke/tujina, vključno s strukturiranimi financami in svetovalnim poslovanjem za združitve in prevzeme se ukinejo, druga, kot je področje javnih organov, pa močno skrčijo.
Initially, real estate services were also to continue.
Prvotno je bilo predvideno tudi nadaljevanje področja nepremičninskih storitev.
But at an early stage in the procedure Germany undertook to see to it that this area was hived off and transferred to the Land of Berlin (see paragraph 277 and 278).
Vendar je Nemčija že v zgodnji fazi postopka obljubila, da bo poskrbela za izločitev tega področja in odsvojitev na deželo Berlin (glej obrobne številke 277 in 278).
With a view to reducing BGB’s very large share of the Berlin retail market, Germany has also undertaken to sell Berliner Bank separately.
Nemčija je medtem obljubila tudi, da bo za skrčenje zelo močnega deleža BGB na berlinskem trgu za poslovanje s prebivalstvom Berliner Bank odsvojila ločeno.
As already mentioned, the Land of Berlin’s shares in BGB are to be sold.
Kot je omenjeno zgoraj, bodo deleži dežele Berlin pri BGB odsvojeni.
The Commission has received a commitment to this effect.
Komisija je prejela zadevno obljubo.
As part of the privatisation of BGB, BerlinHyp will be sold either together with BGB or separately (see paragraph 285).
BerlinHyp bi naj bila v okviru privatizacije BGB odsvojena skupaj s slednjo ali ločeno (glej obrobno številko 285).
IBB is to cut its ties with BGB, and IBB’s special reserve (being the capital of the old Wohnungsbau‐Kreditanstalt (WBK) transferred to LBB as described above) is to be repaid to the Land of Berlin, in so far as this does not result in a core‐capital ratio of less than 6 % or a total capital ratio of less than 9,7 % on the reference date of 1 January 2004 (see paragraph 279).
IBB naj bi bila tudi izločena iz BGB, namenski rezervni skladi IBB (že zgoraj omenjen kapital, ki ga je Wohnungsbau-Kreditanstalt „WBK“ svoj čas prenesel na LBB) pa naj bi se vrnil deželi Berlin, v kolikor to ne bi povzročilo nedoseganje 6,0 % stopnje temeljnega kapitala oz. 9,7 % stopnje celotnega kapitala na dan 1. januarja 2004 (glej obrobno številko 279).
Capital injection
Priliv kapitala
One component of the restructuring aid notified on 28 January 2002 is the capital injection of EUR 1,755 million granted by the Land of Berlin as rescue aid in August 2001, following the authorisation given by the Commission on 25 July 2001; BGB is now to retain this amount as restructuring aid.
Kot prvo gre pri pomoči za prestrukturiranje, prijavljeni 28. januarja 2002, za priliv kapitala, ki ga je v skladu z dovoljenjem Komisije z dne 25. julija 2001 za pomoč pri reševanju odobrila dežela Berlin v avgustu 2001 v višini 1,755 milijarde EUR, ki naj bi bil kot pomoč pri prestrukturiranju trajno prepuščen BGB.
Risk shield
Omejitev tveganja
The other component of the restructuring aid is the ‘risk shield’ already referred to, which was agreed in principle in December 2001 by the Land of Berlin, BGB, LBB, BerlinHyp, IBAG, IBG and LPFV, and subsequently modified, supplemented and superseded by a detailed agreement concluded on 16 April 2002.
Kot drugo gre za zgoraj navedeno zagotovitev o omejitvi tveganj, o kateri so se decembra 2001 načeloma dogovorile dežela Berlin, BGB, LBB, BerlinHyp, IBAG, IBG in LPVF, in ki ga je spremenil, dopolnil in nadomestil dokončen podrobni sporazum, ki so ga stranke sklenile 16. aprila 2002.
The risk shield comprises the following guarantees, which are given by the Land of Berlin for 30 years in order to cover the risks arising out of the real estate services business carried on by the subsidiaries IBAG, IBG and LPFV:
Obsega naslednje garancije, oprostitve, prevzeme izpolnitvene obveznosti in jamstva, ki jih je dežela Berlin odobrila za obdobje tridesetih let, da bi pokrila tveganja iz posla nepremičninskih storitev svojih hčerinskih družb IBAG, IBG in LPFV:
Loan guarantees: BGB, LBB and BerlinHyp are guaranteed the contractual interest and capital repayments on loans granted by them to IBAG, IBG and their subsidiaries and certain other companies up to 31 December 2001.
Kreditne garancije: Garancije za BGB, LBB in BerlinHyp v zvezi s plačevanjem obresti in odplačevanjem kreditov po pogodbah, ki so jih podjetja odobravala IBAG in IBG ter svojim hčerinskim družbam in nekaterim dodatnimi družbam do 31. decembra 2001.
The companies and loans concerned are listed exhaustively in the annexes to the detailed agreement, which also lays down restrictions in respect of certain loans and a number of express exclusion clauses (negative list).
Zadevne družbe in kreditni odnosi so navedeni v zaključku kot priloge podrobnega sporazuma. Podrobni sporazum ureja tudi omejitve za nekatere kreditne garancije in izrecne izključitve („negativni seznam“).
Book value guarantees: IBAG, IBG and certain other companies in the group, primarily direct and indirect subsidiaries of IBAG and IBG, are guaranteed the value of the individual assets entered in the relevant audited balance sheet, with the exception of certain designated items such as intangible assets, cash, balances at the Bundesbank and credit institutions, and prepayments and deferred income (Rechnungsabgrenzungsposten).
Garancije za knjižne vrednosti: Garancije za IBAG in IBG, kot tudi za nekatere druge družbe skupine, zlasti neposredne in posredne hčerinske družbe imenovanih podjetji, glede vrednosti posameznih enot premoženja, aktiviranih v postavkah vsakokratne revidirane bilance, z izjemo nekaterih označenih enot premoženja, kot so neopredmetena osnovna sredstva, blagajniška gotovina, dobroimetja pri Bundesbank in kreditnih ustanovah ali aktivne časovne razmejitve.
These book value guarantees are likewise subject to restrictions and exclusions (negative list).
Podrobni sporazum ureja tudi omejitve in izključitve garantirane knjižne vrednosti („negativni seznam“).
Performance obligations taken over from LPFV: LPFV is indemnified in respect of obligations arising out of the earlier real estate business of IBG and its previous subsidiaries Bavaria, Arwobau and Immobilien‐Beteiligungsvertriebsgesellschaft der Bankgesellschaft Berlin GmbH (‘IBV’): LPFV is liable for the first EUR 100 million, and thereafter such obligations are taken over by the Land.
Prevzem izpolnitvene obveznosti do LPFV: Oprostitev obveznosti LPFV — če znašajo več kot 100 milijonov EUR (lastni delež) — iz nekdanjih nepremičninskih poslov IBG in njenih prejšnjih hčerinskih družb Bavaria, Arwobau ter Immobilien-Beteiligungsvertriebsgesellschaft der Bankgesellschaft Berlin GmbH („IBV“) pri izvajanju prevzete izpolnitvene obveznosti.
This does not apply to obligations in respect of funds newly set up after 31 December 2000 or in respect of new IBAG business described in the detailed agreement.
Prevzeta izpolnitvena obveznost ne velja na obveznosti, povezane z ustanavljanjem skladov po 31. decembru 2000 ali na nov posel IBAG, opisan v podrobnem sporazumu.
BGB indemnified in respect of guarantees: BGB is indemnified in respect of all obligations arising out of the guarantees it gave up to 31 December 1998 on transactions entered into by IBG, IBV and Bavaria.
Oprostitev BGB od izjav o nameri materinskih družb: Oprostitev BGB vseh obveznosti iz izjav o nameri materinskih družb, ki jih je slednja prevzela do 31. decembra 1998 za IBG, IBV in Bavario.
Like the preceding indemnity, this does not apply to obligations in respect of funds set up after 31 December 2000 or in respect of new IBAG business described in the detailed agreement.
Tudi ta oprostitev ne velja na obveznosti, povezane z ustanavljanjem skladov po 31. decembru 2000 ali z novim poslom IBAG, opisanim v podrobnem sporazumu.
Article 45 of the detailed agreement sets the maximum liability that may be incurred by the Land of Berlin as a result of these obligations at EUR 21,6 billion. It states that this is the theoretical nominal value of the risks covered, adjusted for duplication.
Podrobni sporazum v 45. členu označuje največji znesek, ki izhaja iz teh obveznosti dežele Berlin, v višini 21,6 milijarde EUR. V skladu s 45. členom gre pri tem za teoretično nominalno vrednost zavarovanih tveganj, zmanjšano za večkrat upoštevane zneske.
For the indemnity given to LPFV in respect of rent guarantees (ceiling of EUR [...]**), this means, for example, that all rents until 2025 would remain unpaid, and, for the indemnity given to LPFV in respect of renewal guarantees (EUR [...]**), it would mean that all buildings would have to be replaced in their entirety.
Vendar pa je osnova tega teoretičnega najvišjega zneska popolna materializacija vseh tveganj.
However, even on very pessimistic assumptions, a 100 % rent default and the demolition and reconstruction of all buildings concerned is not realistic.
Za oprostitev LPFV od najemniških garancij (najvišja vrednost [...]* EUR) to na primer pomeni, da bi vse najemnine do leta 2025 povsem izpadle, osnova oprostitve LPFV od revitalizacijskih garancij ([...]* EUR), pa so celotni proizvodni stroški za vse zgradbe in zemljišča.
Article 45 accordingly also states that, on the information currently available and after careful examination of the main economic risks, the probable rate of take‐up can be put substantially lower.
100-odstotni izpad najemnin ter rušenje in novogradnja vseh zgradb je nerealna, tudi z zelo pesimističnimi domnevami. 45. člen prav tako navaja, da bo po trenutnem znanju in na osnovi temeljitega preverjanja bistvenih gospodarskih tveganj verjetna uveljavitev izpadla bistveno manjša.
In order to minimise the liability arising out of the guarantees, the detailed agreement also provides that the Land may entrust contract management under the detailed agreement wholly or partly to a third party.
Pri zmanjšanju garancij na najnižjo možno stopnjo podrobni sporazum predvideva tudi možnost, da bi dežela v celoti ali deloma pooblastila tretjega s pogodbenim vodenjem podrobnega sporazuma.
The Land has availed itself of this possibility and has set up a company wholly owned by it, BCIA Berliner Gesellschaft zum Controlling der Immobilien‐Altrisiken mbH, which has been conducting this business on the Land’s behalf since January 2003.
Dežela je možnost izkoristila in ustanovila „BCIA Berliner Gesellschaft zum Controlling der Immobilien-Altrisiken mbH“, katere 100 % lastnica je, in ki dejavnost opravlja po pooblastilu dežele od januarja 2003.
The detailed agreement also provides for a guarantee commission and a better‐fortunes clause for 15 years.
Poleg tega predvideva podrobni sporazum za deželo provizijo za jamstvo in pravico do izboljšanja stanja za obdobje petnajstih poslovnih let.
According to this, the Land receives from BGB an annual fixed guarantee commission of EUR 15 million until 2011 inclusive, which can as of 2012 be adapted for the remaining duration of the risk shield by mutual agreement between the parties.
Potemtakem prejme dežela od BGB letno fiksno provizijo za jamstvo v višini 15 milijonov EUR do vključno 2011, ki jo je mogoče od leta 2012 v vzajemnem soglasju prilagoditi za preostalo obdobje omejitve tveganja.
Moreover, if in one or more months of a financial year BGB achieves an own capital ratio of 12,5 % and a core‐capital ratio of 7 %, BGB will pay 15 % of its annual profit to the Land of Berlin.
BGB plača tudi, če doseže v enem ali več mesecih poslovnega leta skupno stopnjo jamstvenega lastniškega kapitala 12,5 % in stopnjo temeljnega kapitala 7 %, 15 % letnega presežka, ki bi ji sicer pripadal, deželi Berlin.