natgillin/translations-raw huggingface dataset:
Germany here undertakes to ensure that by 1 January 2005 IBB’s development business is transferred to a newly set up, independent development bank belonging to the Land of Berlin and that, at the same time, the IBB special reserve is hived off from LBB towards the capital of the new development bank to the extent possible without falling below a core‐capital ratio of 6 % on 1 January 2004.
Nemčija se je tako obvezala zagotoviti, da bo najkasneje do 1. januarja 2005 razvojni posel IBB prenesen na samostojno razvojno banko dežele Berlin, ki jo je treba na novo ustanoviti, in da bo v tej zvezi namensko rezervo IBB, in s tem iz LBB, izločila za kapitalizacijo nove razvojne banke, do take mere, da bo s 1. januarjem 2004 še vedno dosegala 6,0 % stopnjo temeljnega kapitala.
The section of the IBB special reserve still needed for the capitalisation of BGB will be invested by the Land in one or more dormant holdings in LBB and will bear interest at market rates.
Del namenske rezerve IBB, dodatno potreben za kapitalizacijo BGB, bo dežela vložila kot eno ali več tihih udeležb in bo obrestovan na tržno običajen način.
At the time these dormant partnerships are formed, in view of LBB's long‐term rating (leaving aside the public institutional and guarantor liability) and having regard to the contractual structure of the dormant holdings, a premium will be determined at a reference interest rate in line with those of comparable core‐capital instruments traded on the market.
Poleg tega bo v času podpisa tihe družbene pogodbe na osnovi dolgoročnega ratinga LBB in ob upoštevanju odpada obveznosti za ohranjanje javnega podjetja in jamstva garanta ter ob upoštevanju pogodbenega oblikovanja tihe udeležbe določen dodatek k referenčni obrestni meri, določen po primerljivih instrumentih temeljnega kapitala, s katerimi se trguje na trgu.
The comparability of such core‐capital instruments is to be determined on the basis of the contractual rules governing them and the risk profile of the issuer.
Primerljivost instrumentov temeljnega kapitala bo ugotovljena na osnovi pogodbenih uredb za te instrumente in na osnovi profila tveganj vsakokratnega izdajatelja.
In the autumn of 2003 the following updated overall picture could be given of the measures envisaged by Germany to reduce the volume of business (measured on the basis of asset positions) in the individual business areas in the period from 2001 (end‐of‐year figures) to 2006 (planned balance sheets or profit‐and‐loss accounts):
V jeseni leta 2003 je nastala naslednja aktualizirana slika vseh ukrepov, ki jih Nemčija predvideva za zmanjšanje poslovne dejavnosti (merjena na postavkah premoženja) v posameznih poslovnih poljih v obdobju od leta 2001 (številke zaključnega računa) do leta 2006 (predračunska bilanca stanja oz. bilanca uspešnosti).
Reduction measures
Zmanjšanje premoženja in bilančne vsote
(in billion euro)
(v milijardah EUR)
Business area
Polje poslovanje
Segment assets
Premoženje segmenta
Plan
Načrt
Retail banking
Bančno poslovanje z občani
Private customers
Zasebne stranke
SME customers
Podjetja
Public sector
Javni organ
Capital markets
Poslovanje na trgu kapitala:
Large customer/international
Velike stranke/tujina
Real estate financing
Financiranje nepremičnin
Real estate services
Nepremičninske storitve
Subtotal
Vmesna vsota
Interest management and consolidation
Upravljanje obresti in uskupinjevanje
Total assets (not including IBB)
Skupno premoženje (brez IBB)
Balance‐sheet total (consolidated)
Bilančna vsota (uskupinjena)
The measures planned by Germany at this stage would result in an overall reduction in the balance‐sheet total of 30 %.
Nameravani ukrepi Nemčije na tej stopnji bi skupno povzročili zmanjšanje bilančne vsote za približno 30 %.
They include divestments (e.g. some EUR 6 billion in retail banking through the sale of Allbank, BG Polska, Zivnostenska Banka and Weberbank), closures (e.g. of some 90 branches and 6 private banking centres) and asset reduction.
Doseženi bodo z odsvojitvijo (npr. okoli 6 milijard EUR pri poslovanju z občani z odsvojitvijo Allbank, BG Polska, Zivnostenska Banka in Weberbank), zaprtjem (npr. okoli 90 podružnic in 6 centrov za stranke) in z zmanjšanjem premoženja.
In the large customer/international and real estate services business lines, which are to be wound up or hived off, residues will remain after 2006 which will have to be dismantled in stages.
Pri poslovnih poljih velike stranke/tujina in nepremičninske storitve, ki jih je potrebno opustiti oz. izločiti, preostanejo po 2006 preostale kategorije, ki jih je mogoče znižati le postopoma.
The public‐sector business will be cut back significantly.
Področje javni organ se bo močno skrčilo.
After restructuring, therefore, the main pillars of the bank will be retail business in the Berlin area, real estate financing and capital market business.
Glavni nosilci banke po prestrukturiranju so tako poslovanje s občani na območju Berlina, financiranje nepremičnin in poslovanje na trgu kapitala.
Even though the hive‐off of IBB’s development/support business cannot be viewed as a compensatory measure in that development business forms part of the public service provided by the Land of Berlin and is not a commercial activity, it is to be noted that a total reduction of roughly a quarter (not taking account of IBB) or just over EUR 40 billion is basically in line with the Commission’s practice in similar cases in the financial services sector.
Čeprav izločitve razvojnega posla IBB ni mogoče ocenjevati kot dolžnosti, saj sodi k javnim nalogam dežele Berlin in je tako nekomercialna dejavnost, je treba povedati, da skupno zmanjšanje za približno četrtino (brez upoštevanja IBB) oz. za okoli 40 milijard EUR, načeloma v okviru prakse Komisije pri podobnih primerih sektorja finančnih storitev.
However, reducing assets and balance‐sheet items serves primarily to give an overall impression but cannot in general be equated to an effective reduction in business activity, let alone market presence.
Vendar je potrebno opozoriti, da je namenjeno zmanjšanje postavk premoženja ali bilance v glavnem za ponazoritev skupnega učinka, vendar ga na splošno ni mogoče enačiti z učinkovitim zmanjšanjem poslovne dejavnosti ali celo navzočnosti na trgu.
This applies in particular to the three remaining principal business lines.
To velja zlasti za tri glavna področja delovanja, ki bodo ohranjena.
In retail banking, although shareholdings have been or will be sold (Polska, Zivnostenska, Allbank, Weberbank) and branches shut, the restructuring plan valid up to the autumn of 2003 aimed to keep market presence in Berlin more or less intact or even to consolidate it slightly in individual segments. The measures in this business area should therefore be viewed as primarily serving to concentrate on the regional core business and to cut costs by closing branches.
Na področju bančnega poslovanja z občani so tako bile ali bodo prodane udeležbe (Polska, Zivnostenska, Allbank, Weberbank) in zaprte podružnice, vendar je bilo po načrtu prestrukturiranja, ki je veljal do jeseni 2003, predvideno, da se navzočnost na trgu v Berlinu skoraj ne spremeni ali da se malo zmanjša na nekaterih segmentih, zato je treba ukrepe na tem področju delovanja v glavnem obravnavati kot take, ki služijo cilju osredotočanja na regionalno temeljno dejavnost ter zmanjševanje stroškov zaradi zapiranja podružnic.
In real estate financing too, the planned reduction is relatively modest in relation to total volume.
Tudi na področju financiranja nepremičnin je treba načrtovano zmanjšanje obravnavati kot dokaj majhno v primerjavi s skupnim obsegom.
In the capital market business sector, although there will be major cutbacks in business lines, a significant volume of business will remain.
Pri poslovanju na trgu kapitala je sicer beležiti znatno zmanjšanje postavk, vendar se kljub temu ohrani pomemben poslovni obseg.
Germany and BGB stated that making further cutbacks or even abandoning an entire business line would be difficult and would jeopardise the bank’s viability.
Nemčija in BGB sta razložili, da bi bilo dodatno zmanjšanje ali celo opustitev dodatnega celotnega poslovnega polja težavna in bi ogrožalo sposobnost preživetja banke.
The real estate financing business of BerlinHyp, LBB and BGB, given current market conditions and the as yet incomplete restructuring of this business area, could not be sold in the short term or could be sold but only with major losses in book value.
Posla financiranja nepremičnin BerlinHyp, LBB in BGB glede na trenutne razmere na trgu in zaradi nezaključenega restrukturiranja poslovnega področja kratkoročno ne bi bilo mogoče prodati ali pa bi ga bilo mogoče prodati le z znatnimi izgubami knjižne vrednosti.
Furthermore, a positive profit contribution was expected from this area before the end of the entire restructuring process and would be needed to achieve the overall target result from 2004 at the latest.
Še pred zaključkom celotne faze prestrukturiranja načrtujejo tudi prispevek iz pozitivnega izida tega področja poslovanja, ki so najkasneje od leta 2004 potrebni za doseganje predvidenega skupnega izida.
The Commission examined these arguments, together with the related data provided, and came to the conclusion that divestment of the real estate financing business in the short term would jeopardise the bank’s viability (see paragraph 230).
Komisija je te argumente in tozadevno predložene informacije preverila in prišla do spoznanja, da bi kratkoročna odsvojitev posla financiranja nepremičnin dejansko ogrožala sposobnost preživetja banke (glej obrobno številko 230).
Moreover, an analysis of the competitive situation on the German market for real estate financing showed that BGB is not among the leading suppliers.
Analiza konkurenčnega položaja financiranja nepremičnin na nemškem trgu je pokazala tudi, da BGB ne sodi med vodilne ponudnike.
According to the original notification, BGB, with a share of some 5 % in 2000, occupied third place.
Sicer se je BGB po prvotnih podatkih prijave s približno 5 % deležem v letu 2000 še uvrstila na tretje mesto.
However, according to more up‐to‐date data submitted by Germany, which are adjusted for public‐sector lending, actual market share in 2000 was only some 3 %, and this is likely to fall to 2 % by 2006.
Po bolj aktualnih informacijah, ki jih je predložila Nemčija in ki ne vsebujejo občinskih kreditov, pa je v letu 2000 dejansko dosegla le približno 3 % tržni delež, ki bo do leta 2006 najverjetneje padel na 2 %.
This coincides with other sources of information which show that in 2001 BGB did not reach the third place originally indicated or achieve a 5 % market share, either in the mortgage lending market as a whole or in the various segments.
To se pokriva z drugimi viri informacij, po katerih BGB v letu 2001 ni dosegla niti prvotno navedenega tretjega mesta, niti 5 % tržnega deleža, in sicer niti na skupnem trgu vseh hipotekarnih kreditov, niti na različnih segmentih.
Accordingly, it would not appear to be urgent to reduce BGB's market presence in this area in order to avoid unreasonable distortions of competition.
Ob upoštevanju tega se zmanjšanje navzočnosti BGB na trgu na tem področju ne zdi nujno za preprečevanje nesprejemljivega izkrivljanja konkurence.
Nevertheless, it would be preferable if the BGB group were to pull out of this business area since the mere continuation of its activities on the markets for real estate financing distorts competition to some extent.
Kljub temu je treba dati prednost umika BGB koncerna iz tega poslovnega polja, ker povzroča že samo nadaljevanje poslovne dejavnosti koncerna BGB na trgih financiranja nepremičnin izkrivljanje konkurence, čeprav v nepomembnem obsegu.
However, this would be on condition that a withdrawal would not endanger the restoration of long‐term viability.
Vendar to velja samo pod pogojem, da ni ogrožena ponovna vzpostavitev dolgoročne donosnosti.
In this connection, the Commission welcomes the intention of Germany and the Land of Berlin to sell the real estate financing business line separately or as part of the overall privatisation of BGB.
Tozadevno je Komisija pozitivno sprejela namen Nemčije in dežele Berlin, da bosta poslovno področje financiranja nepremičnin odsvojili posebej ali pa v okviru celotne privatizacije BGB.
The capital market business, whose segment assets have already been reduced by almost 20 %, was in 2002 the only business line to make a significant (i.e. hundreds of millions) positive profit contribution.
Poslovanje na trgu kapitala z že znižanim premoženjem segmenta za skoraj 20 % je v letu 2002 kot edino poslovno polje doseglo omembe vreden, torej pozitiven prispevek izida in dobička v trimestnem milijonskem znesku.
At the end of the restructuring process in 2006, it is to be one of the main pillars, together with retail banking, of the group’s result and profit.
Po zaključeni fazi prestrukturiranja v letu 2006 bi naj skupaj z bančnim poslovanjem z občani sestavljalo enega glavnih nosilcev za izid in dobiček koncerna.
Consequently, the capital market business is, first, essential to the restoration of BGB’s viability and cannot be reduced much more than it has been.
Poslovanje na trgu kapitala je tako postalo pomembno za ponovno vzpostavitev donosnosti BGB, zato ga ni mogoče zmanjšati v bistveno večjem obsegu kot doslej.
Second, the competitive weight of BGB on the national money and securities markets, which are none the less becoming increasingly international and European, can be classed as not significant, i.e. as even less than its weight on the national real estate financing markets.
Po drugi strani pa je mogoče konkurenčni pomen BGB na nacionalnih, pa tudi na vedno bolj globaliziranih in evropeiziranih trgih denarnih poslov in poslov z vrednostnimi papirji, uvrstiti kot nebistven ali nižji kot na nacionalnih trgih posla financiranja nepremičnin.
Nevertheless, the Commission examined whether further, even if limited, reductions might be made.
Komisija je kljub temu preverila, ali so možna dodatna zmanjšanja, četudi v omejenem obsegu.
In view of the overall aim of the restructuring aid, which is for BGB to become a regional bank again, the Commission looked mainly at whether further foreign subsidiaries might be given up.
Glede na splošni cilj, povezan s pomočjo za prestrukturiranje, po kateri naj bi se BGB preobrazila nazaj v regionalno banko, je Komisija v glavnem pretehtala opustitev dodatnih tujih hčerinskih družb.
After the closures and divestments which had already been undertaken, however, subsidiaries remained at only three locations (London, Luxembourg and Dublin), whose continued existence Germany had described as being vital for the bank’s retail business and refinancing.
Po že opravljenih zaprtjih in odsvojitvah so bila hčerinska podjetja le še na treh lokacijah - London, Luksemburg in Dublin. Nemčija je najprej opisala njihovo ohranitev kot nujno potrebno za poslovanje z občani oziroma refinanciranje banke.
In the end, a commitment was given to abandon BGB (Ireland) plc in Dublin.
Na koncu je kljub temu pritrdila k opustitvi BGB Ireland plc. v Dublinu.
The Commission accordingly did not seek further measures in the capital market sector, for the reasons set out above.
Komisija se je v skladu z razlogi, navedenimi v obrobni številki 286, odpovedala dodatnim ukrepom pri poslovanju na trgu kapitala.
Already in its decision initiating the procedure, the Commission expressed doubts about the appropriateness of the compensatory measures primarily on account of BGB’s strong regional and local position on this market.
Že v sklepu o uvedbi postopka je Komisija svoje dvome o primernosti dolžnosti bistveno utemeljevala z močnim regionalnim ali lokalnim položajem BGB na tem trgu.
Through selling subsidiaries or other parts of assets and through closing branches and other sites, BGB has already significantly reduced the segment assets attributable to this business line.
BGB je z odsvojitvami hčerinskih družb, odsvojitvami ostalega premoženjskega dela, ter z zapiranjem svojih podružnic in drugih lokacij znatno zmanjšala premoženje posameznega segmenta, ki sodi k temu poslovnemu polju.
The 43 % reduction originally planned in the segment assets by 2006 (see table in paragraph 280) has thus almost been achieved, and essentially all that remains is to sell Weberbank.
Zmanjšanje premoženja posameznega segmenta za 43 % (glej tabelo v obrobni številki 280), ki je bilo prvotno načrtovano do leta 2006, je s tem skorajda doseženo; v glavnem je preostala samo še prodaja Weberbank.
However, the Commission commented back in its decision initiating the procedure that ‘BGB is extremely strong locally and regionally in the markets of retail and corporate banking, with shares ranging from 30 to 57 % in the individual segments at local level and from 23 to 46 % at regional level, and with huge gaps between itself and its nearest competitors, which achieve only half, a third or a fourth of BGB’s shares.’ The Commission already had doubts in this connection about whether the target reduction in the retail and corporate sectors by way of the planned divestments would suffice to mitigate the distortive effects of the aid in the greater Berlin region.
Kljub temu je Komisija že v sklepu o uvedbi postopka pripomnila, „da je BGB lokalno in regionalno zelo močna na trgih poslovanja z zasebnimi strankami in podjetji, z navedenimi deleži med 30 % in 57 % v posameznih segmentih na lokalni ravni in med 23 % in 46 % na regionalni ravni, pri čemer obstaja velika razdalja do tekmic, ki ji sledijo, ki, v kolikor je razvidno iz informacij, dosegajo le polovico, tretjino ali četrtino deležev BGB.“ Komisija je glede tega že dvomila, če bi za zmanjšanje, h kateremu si na področju poslovanja z zasebnimi strankami in podjetji prizadeva, zadostovale načrtovane odsvojitve, s katerimi bi na območju Berlina omilili učinek izkrivljanja konkurence zaradi pomoči.
The divestments in retail banking which have already been planned or carried out, with the exception of Weberbank, which is small and directed at wealthy private customers, do little or nothing to reduce BGB’s presence in Berlin: Allbank is active countrywide and has only a few branches in Berlin, BG Polska and Zivnostenska Banka operate abroad.
V povezavi s tem je treba pripomniti, da že izvedene ali načrtovane odsvojitve na področju bančnega poslovanja z občani, z izjemo manjše Weberbank, ki je usmerjena na premožnejše zasebne stranke, niso ali pa so komaj zmanjšale navzočnost BGB v Berlinu. Allbank je dejavna po vsej državi, medtem ko jo v Berlinu zastopa le nekaj podružnic, BG Polska in Zivnostenska Banka pa sta dejavni v tujini.
Although some 40 to 50 (private and corporate) branches were closed in Berlin in each category, closing branches in a large city with high branch density serves mainly to cut costs and, according to the comments by Germany, causes customers to change banks only to a limited extent.
Čeprav so v Berlinu zaprli približno 40 do 50 podružnic za poslovanje z zasebnimi strankami in podjetji, je zapiranje podružnic v velikem mestu z veliko gostoto podružnic v glavnem namenjeno zmanjšanju stroškov, in kot je razkrila Nemčija, stranke zaradi tega le redko menjajo banko.
Moreover, the additional information referred to and provided by Germany shows that the intention was not significantly to reduce market presence in Berlin, but to maintain BGB’s position in individual segments or even to strengthen it slightly.
Dodatne že omenjene informacije, ki jih je predložila Nemčija, navajajo tudi, da občutno zmanjšanje navzočnosti banke na trgu ni bilo nameravano, ampak bi naj položaj v posameznih segmentih ostal približno enak ali nekoliko močnejši.
In response to the Commission’s doubts, Germany argued that the volume‐based market shares originally submitted for BGB in the individual segments of the Berlin market were overstated.
Nemčija je v zvezi z dvomi Komisije uveljavila, da so prvotno predloženi izračuni tržnega deleža za BGB, ki veljajo za obseg delovanja, v posameznih segmentih berlinskega trga pretirani.
This was because of BGB’s reports to the Land central bank, which were for the whole group and did not distinguish between product markets or regions.
Vzrok temu bi naj bila sporočila, ki jih je BGB pošiljala Landeszentralbank in ki niso upoštevala omejitve stvarnih trgov in niso bile diferencirane po regijah.
This meant, for example, that lending and deposit volumes for the real estate financing and capital market business areas outside Berlin were included in the figures for local retail and corporate business.
Tako so na primer številke lokalnih poslov z zasebnimi strankami in podjetji vsebovale tudi obseg kreditov in vlog posla financiranja nepremičnin ali posla na trgu kapitala zunaj Berlina.
BGB’s lending and deposit volumes and the corresponding market volume for Berlin had therefore been adjusted for the lending and deposits not attributable to the region or the product area.
Iz BGB so bili zato izločeni obsegi kreditov in vlog; upoštevni obseg trga za Berlin pa je bil v celoti zmanjšan za kredite in vloge, ki jih regijsko in stvarno ni bilo mogoče prištevati.
This gave private‐customer market shares for BGB of some 43 to 45 % for deposits/payments business and some 22 % for lending in 2000 and 2001.
Tržni deleži za BGB, ki so pri poslovanju z zasebnimi strankami pri denarnih vlogah/v plačilnem prometu za BGB nastali, znašajo približno 43 % do 45 %, pri kreditih pa približno 22 % za leti 2000 in 2001.
In the corporate sector, BGB had market shares of some 25 to 26 % for deposits/payments and some 23 to 25 % for lending in 2000 and 2001.
Pri poslovanju s podjetji so pri denarnih vlogah/plačilnem prometu izračunali približno 25 do 26 % tržni delež BGB in približno 23 do 25 % pri kreditih za 2000 oz. 2001.
Compared with the originally notified figures, the market shares submitted by Germany for BGB in the individual segments, especially in the corporate customer segment, had thus fallen in some cases by almost half.
V primerjavi s prvotnimi podatki, navedenimi ob priglasitvi, so se tržni deleži, ki jih je za BGB predložila Nemčija, v posameznih segmentih zmanjšali, zlasti na področju poslovanja s podjetji, kjer so se zmanjšali za skoraj polovico.
For BGB’s nearest three competitors on the Berlin retail market (Berliner Volksbank, Dresdner Bank and Deutsche Bank (group)), Germany gave market share estimates for 2001 of around 11 to 13 % for lending/private customers, 8 to 14 % for private customers/deposits, 5 to 16 % for corporate customer/lending and around 9 to 18 % for corporate customers/deposits.
Za tri naslednje tekmice BGB na berlinskem trgu poslovanja z občani — Berliner Volksbank, Dresdner Bank in Deutsche Bank (Gruppe) je Nemčija predložila ocenitve tržnih deležev za leto 2001 v višini približno 11-13 % na področju krediti/zasebne stranke, približno 8-14 % na področju zasebne stranke/denarne vloge, približno 5-16 % na področju podjetja/krediti in skoraj 9-18 % na področju stranke podjetja/denarne vloge.
With estimates of over 50 % in the private customer sector (50 to 60 % for the deposit/payments segments and about 50 % for lending) and close on 60 % in corporate banking (over 40 % for deposits/payments and around 50 to 60 % for lending), Volksbank assumes far higher market shares for BGB.
Volksbank izhaja z ocenitvami nad 50 % pri poslovanju z zasebnimi strankami (50-60 % pri segmentih področja denarne vloge/plačilni promet in približno 50 % pri kreditih) in z nekaj manj kot 60 % pri poslovanju s podjetji (nekaj več kot 40 % pri denarnih vlogah/plačilni promet in skoraj 50-60 % pri kreditih) iz bistveno višjih tržnih deležev.
It estimates its own market shares at 6 to 10 % in the private customer segments and some 4 to 10 % in the corporate segments.
Samo sebe ocenjuje s približno 6-10 % deležem v segmentih poslovanja z zasebnimi strankami in s približno 4-10 % v segmentih poslovanja s podjetji.
Germany's corrected market shares for private and corporate retail business refer only to Berlin as it considered this to be the relevant region and retail banking to be a regional business.
Nemčija se je pri popravljenih tržnih deležih na področjih poslovanja s podjetji in zasebnimi strankami omejevala le na Berlin, saj je to upoštevno področje, in ker gre pri poslovanju z občani za regionalni posel.