natgillin/translations-raw huggingface dataset:
The Commission positively notes that under that commitment ING cannot influence the business strategy of NN Bank by threatening to suddenly withdraw the latter's funding, as the securities will have a minimum maturity of five to ten years.
Komisija pozitivno ugotavlja, da v skladu s to zavezo ING ne more vplivati na poslovno strategijo banke NN Bank z grožnjami o nenadnem prenehanju financiranja, saj bo najkrajša zapadlost vrednostnih papirjev od pet do deset let.
Therefore, it is acceptable that ING is not constrained in its own production beyond that level.
Zato je sprejemljivo, da ING ni omejena pri svojem prometu nad to ravnijo.
The credibility of the self-funding strategy of NN Bank is ensured through the corrective actions envisaged in the commitments made by the Netherlandsbeing monitored and implemented on a continuous basis.
Verodostojnost strategije samofinanciranja banke NN Bank se zagotovi s popravljalnimi ukrepi, predvidenimi v zavezah Nizozemske, ki se stalno spremljajo in izvajajo.
Those corrective actions are targeted to address possibly self-funding deficits and create additional incentives for ING to ensure that the NN Bank funding objectives are achieved.
Cilj navedenih popravljalnih ukrepov je obravnavanje morebitnih primanjkljajev pri samofinanciranju in ustvarjanje dodatnih spodbud za ING, da se zagotovi doseganje ciljev financiranja banke NN Bank.
The continuous monitoring will allow shortcomings to be detected in a timely way and before the final divestment deadline.
S stalnim spremljanjem se bodo lahko pravočasno in pred končnim rokom odsvojitve ugotovili primanjkljaji.
Third, with respect to NN Bank's competitive impact on the retail banking market in the Netherlands, which will be the core market on which ING will continue to be active after the restructuring process has ended, the Commission takes positive note of the fact that ING committed to minimum new annual production figures and market shares for NN Bank in both mortgages [71] and consumer finance [72].
V zvezi s konkurenčnim vplivom banke NN Bank na trg bančnega poslovanja s prebivalstvom, ki bo ključni trg, na katerem bo ING še naprej dejavna tudi po koncu postopka prestrukturiranja, Komisija pozdravlja dejstvo, da se je ING zavezala k doseganju minimalnega obsega v novem letnem prometu ter tržnih deležev za banko NN Bank v hipotekarnih posojilih [71] in potrošniškem financiranju [72].
That commitment should ensure that NN Bank reaches a critical scale in those two important business lines on the asset side of the balance sheet.
Navedena zaveza bi morala zagotoviti, da banka NN Bank doseže kritični obseg na teh dveh pomembnih poslovnih področjih na strani aktive v bilanci.
Once again, the credibility of those commitments is ensured by the fact that ING will take corrective action if NN Bank undershoots its targets.
Verodostojnost teh zavez ponovno zagotavlja dejstvo, da bo ING sprejela popravljalni ukrep, če banka NN Bank ne doseže svojih ciljev.
The Commission observes that ING has committed to transfer individual client relationships through a transfer of mortgages to NN Bank where switching costs would be fully and solely borne by ING. Such a mechanism avoids risks of low-quality implementation by, for example securitisation of an old portfolio which would offer few business opportunities for NN Bank to increase its market share.
Komisija ugotavlja, da se je ING zavezala k prenosu odnosov s posameznimi strankami prek prenosa hipotekarnih posojil banki NN Bank, pri čemer bo stroške preusmeritve v celoti nosila izključno ING. Tak mehanizem preprečuje tveganja za nizkokakovostno izvajanje, na primer z listinjenjem starega portfelja, ki bi banki NN Bank za povečanje njenega tržnega deleža ponudil malo poslovnih priložnosti.
With respect to the scope of NN Bank's product assortment, the Commission takes note of the fact that NN Bank will have activities in five product domains that is to say mortgages, consumer finance, savings, bank annuities and retail securities.
Kar zadeva obseg izbora produktov banke NN Bank, Komisija ugotavlja, da bo imela banka NN Bank dejavnosti v petih področjih produktov, tj. hipotekarna posojila, potrošniško financiranje, prihranki, bančne rente in vrednostni papirji zasebnikov.
The fact that NN Bank has enlarged its product scope compared to that envisaged for the WUB commitment in the 2012 Restructuring Decision by developing a payments facility in the form of a credit card further contributes to the diversification of the business model and thereby addresses one of the shortcomings of the WUB business model, namely its status as a mortgage monoliner.
Dejstvo, da je banka NN Bank povečala svoj obseg produktov v primerjavi s predvidenim obsegom za zavezo banke WUB v sklepu o prestrukturiranju iz leta 2012 z razvojem načinov plačila v obliki kreditne kartice, dodatno prispeva k raznolikosti poslovnega modela in s tem obravnava enega od primanjkljajev poslovnega modela banke WUB, tj. njegov status kot monopolni izdajatelj hipotekarnih posojil.
A number of the viability-related concerns which made the divestment of WUB difficult (in particular the large funding gap) have been addressed by the Van Gogh scenario.
Scenarij Van Gogh je obravnaval številne pomisleke v zvezi s sposobnostjo preživetja, zaradi katerih je bila odsvojitev banke WUB težavna (zlasti velika vrzel v financiranju).
The current financial projections of NN Bank indicate that it could be a viable entity.
Sedanje finančne napovedi banke NN Bank kažejo, da bi lahko bila za preživetje sposoben subjekt.
With respect to capital adequacy, the Commission notes the solvency of the bank will be in the medium-term ensured by the commitment of ING to provide NN Bank with a minimum Tier 1 ratio of 12 %.
Komisija v zvezi s kapitalsko ustreznostjo ugotavlja, da bo solventnost banke srednjeročno zagotovljena z zavezo ING, da bo banki NN Bank zagotovila razmerje prvega reda v višini najmanj 12 %.
At the same time, NN Bank's credit card offer should also help to improve the stickiness of savings accounts.
Hkrati bi na zadržanje več varčevalnih računov morala vplivati tudi ponudba kreditne kartice banke NN Bank.
Finally, the Commission notes that NN Bank will benefit from the financial strength of its parent, ING Insurance Europe.
Nazadnje, Komisija ugotavlja, da bo banki NN Bank koristila finančna moč njene matične družbe ING Insurance Europe.
Altogether, the measures proposed by the Netherlandsprovide a plausible scenario for a viable and competitive force in the Dutch retail market.
Ukrepi, ki jih je predlagala Nizozemska, skupaj omogočajo izvedljiv scenarij za preživetje sposobno in konkurenčno silo na nizozemskem trgu poslovanja s prebivalstvom.
The commitments and in particular the clearly defined corrective actions and triggers should provide sufficient certainty of successful implementation.
Zaveze in zlasti jasno opredeljeni popravljalni ukrepi ter povodi bi morali v zadostni meri zagotoviti uspešno izvajanje.
That assessment is also underlined by the third party observations, which reiterate the credibility of the business model of NN Bank.
Ta ocena je izpostavljena tudi v pripombah tretjih strani, ki ponovno poudarjajo verodostojnost poslovnega modela banke NN Bank.
The Commission notes that the prolongation of the price leadership ban in markets where ING's market share is at 5 % or above constitutes an additional measure to address distortions of competition.
Komisija ugotavlja, da podaljšanje prepovedi narekovanja cen na trgih, na katerih ima ING 5-odstotni ali višji tržni delež, pomeni dodaten ukrep za odpravljanje izkrivljanja konkurence.
That prolongation is not applicable in the Netherlandswhere the preservation of the current market share of ING in the mortgages is conditional on the success of NN Bank, through the linked ban.
Navedeno podaljšanje ne velja na Nizozemskem, kjer je ohranitev sedanjega tržnega deleža ING v hipotekarnih posojilih pogoj za uspešnost banke NN Bank prek povezane prepovedi.
Notwithstanding the fact that the comments by Vereniging Eigen Huis are not of relevance in relation to the doubts brought forward by the Commission in the Opening Decision and do not reveal a direct causal relationship between the price leadership ban on ING and the behaviour of the Dutch market in mortgages, they would have been in any case addressed by the reduced scope of the price leadership ban.
Kljub temu da pripombe Vereniging Eigen Huis niso relevantne za pomisleke, ki jih je izrazila Komisija v sklepu o začetku postopka, in ne razkrivajo neposredne vzročne zveze med prepovedjo narekovanja cen za ING in ravnanjem nizozemskega trga na področju hipotekarnih posojil, bi se v vsakem primeru obravnavale z zmanjšanim obsegom prepovedi narekovanja cen.
The prolonged behavioural safeguards also neutralise the distortions of competition resulting from the fact that the divestment process has been delayed.
Podaljšani zaščitni ukrepi glede ravnanja prav tako nevtralizirajo izkrivljanje konkurence, ki je posledica odlaganja postopka odsvojitve.
Such mitigation is in line with the Commission's practice in other recent cases [73].
Taka ublažitev je v skladu s prakso Komisije v drugih nedavnih primerih [73].
Therefore the Commission considers that the amendment of the WUB commitment combined with the prolongation of the price leadership ban and the acquisition ban does not call into question its conclusion in the 2012 Restructuring Decision that there are sufficient measures to limit distortion of competition.
Zato Komisija meni, da sprememba zaveze banke WUB skupaj s podaljšanjem prepovedi narekovanja cen ter prepovedjo prevzemanja ne vzbuja pomislekov v zvezi z njeno sklepno ugotovitvijo v sklepu o prestrukturiranju iz leta 2012, da obstajajo zadostni ukrepi za omejitev izkrivljanja konkurence.
Taking into account the balance of measures, the Commission concludes that the new commitments are sufficient to allay the doubts of the Commission expressed in the Opening Decision as regards undue distortions of competition and to ensure the compatibility of the restructuring aid.
Komisija ob upoštevanju ravnotežja ukrepov sklepa, da nove zaveze lahko odpravijo njene dvome, ki jih je izrazila v sklepu o začetku postopka, kar zadeva neupravičeno izkrivljanje konkurence, in zagotovijo združljivost pomoči za prestrukturiranje.
In conclusion, the amended commitments together with the repayment of EUR 4,5 billion based on a fixed repayment schedule bring the compatibility assessment in line with the 2012 Restructuring Decision in so far as they are apt to ensure the restoration of viability, burden-sharing and address distortions of competition.
Spremenjene zaveze skupaj z odplačilom 4,5 milijarde EUR na podlagi načrta stalnih odplačil omogočajo skladnost ocene združljivosti s sklepom o prestrukturiranju iz leta 2012, če lahko ponovno zagotovijo sposobnost preživetja in porazdelitev bremena ter odpravijo izkrivljanje konkurence.
The proposed amendment of the 2012 Restructuring Decision, on the basis of the new commitments continues to ensure compatibility of the recapitalisation measure and of the restructuring aid granted by the Netherlandsto ING. On that basis the doubts that the Commission has raised in the Opening Decision have been allayed,
Predlagana sprememba sklepa o prestrukturiranju iz leta 2012 na podlagi novih zavez še naprej zagotavlja združljivost ukrepa dokapitalizacije in pomoči za prestrukturiranje, ki jo je Nizozemska odobrila ING. Na podlagi tega se pomisleki, ki jih je Komisija izrazila v sklepu o začetku postopka, odpravijo –
The capital injection of EUR 10 billion subscribed by the Netherlnads on 22 October 2008 continues to be compatible with internal market, in the light of the commitments set out in Annex I.
Kapitalska injekcija v višini 10 milijard EUR, ki jo je vpisala Nizozemska 22. oktobra 2008, ob upoštevanju zavez iz Priloge I ostaja združljiva z notranjim trgom.
The State aid referred to in Commission Decision of 11 May 2012 in case SA.28855 (N 373/2009) (ex C 10/2009 and ex N528/2008) continues to be compatible with the internal market, in the light of the commitments set out in Annex I.
Državna pomoč iz Sklepa Komisije z dne 11. maja 2012 v zadevi SA.28855 (N 373/2009) (ex C 10/2009 in ex N528/2008) ob upoštevanju zavez iz Priloge I ostaja združljiva z notranjim trgom.
The commitments in the Annex to Commission Decision of 11 May 2012 in case SA.28855 (N 373/2009) (ex C 10/2009 and ex N528/2008) are replaced by the commitments in Annex I.
Zaveze v Prilogi k Sklepu Komisije z dne 11. maja 2012 v zadevi SA.28855 (N 373/2009) (ex C 10/2009 in ex N528/2008) se nadomestijo z zavezami v Prilogi I.
OJ C 262, 30.8.2012, p. 34.
UL C 262, 30.8.2012, str. 34.
Commission Decision in Case N528/2008, OJ C 328, 23.12.2008, p. 10.
Odločitev Komisije v zadevi N528/2008, UL C 328, 23.12.2008, str. 10.
See Recital (32) of the Rescue Decision.
Glej uvodno izjavo (32) sklepa o reševanju.
Commission Decision C 10/09 (ex N 138/09), OJ L 274, 19.10.2010, p. 139.
Odločba Komisije C 10/09 (ex N 138/09), UL L 274, 19.10.2010, str. 139.
ING Direct is a business segment of ING offering a range of non-complex financial products – savings, mortgages, retail investment products, payment accounts and consumer lending products – primarily through direct channels (through its website).
ING Direct je poslovni segment družbe ING, ki ponuja vrsto nezapletenih finančnih produktov, in sicer na področju varčevanja, hipotekarnih posojil, naložbenih produktov za male vlagatelje, plačilnih računov in produktov za opravljanje storitev potrošniškega kreditiranja, zlasti prek neposrednih kanalov (prek svojega spletnega mesta).
It operates in the following countries: Canada, Spain, Australia, France, Italy, Germany, Austria and the United Kingdom.
Posluje v naslednjih državah: Kanadi, Španiji, Avstraliji, Franciji, Italiji, Nemčiji, Avstriji in Združenem kraljestvu.
See Recitals (53), (84), (128) and (150) of the 2009 Restructuring Decision.
Glej uvodne izjave (53), (84), (128) in (150) odločbe o prestrukturiranju iz leta 2009.
Joined Cases T-29/10 and T-33/10 Kingdom of the Netherlands and others v Commission, judgment of 2 March 2012, not yet published in the ECR.
Združeni zadevi T-29/10 in T-33/10; Kraljevina Nizozemska in drugi proti Komisiji, sodba z dne 2. marca 2012, še ni objavljena v Zbirki odločb.
On 11 May 2012, the Commission brought appeal – under case number C-224/12 P against the judgment delivered by the General Court on 2 March 2012 in Joined Cases T-29/10 and T-33/10 Netherlands and ING Groep v Commission.
Komisija je 11. maja 2012 vložila pritožbo pod številko zadeve C-224/12 P zoper sodbo Splošnega sodišča z dne 2. marca 2012 v združenih primerih T-29/10 in T-33/10, Nizozemska in ING Groep proti Komisiji.
Commission Decision SA.28855 (ex N373/2009, ex C10/2009, ex N528/2008), OJ C 260, 29.8.2012, p. 1.
Odločitev Komisije SA.28855 (ex N373/2009, ex C10/2009, ex N528/2008), UL C 260, 29.8.2012, str. 1.
In the original agreement for the recapitalisation measure notified to the Commission on 22 October 2008, ING could only repay the CT1 securities in the first three years after their issuance at 150 % of the issue price.
V prvotnem dogovoru o ukrepu dokapitalizacije, priglašenem Komisiji 22. oktobra 2008, je ING vrednostne papirje CT1 lahko odplačala le v prvih treh letih po njihovi izdaji po 150 % cene ob izdaji.
Those conditions were amended in October 2009 and allowed ING to repay at more favourable terms i.e. at 100 % + accrued interest + a repayment penalty depending on ING's share price but with a minimum internal rate of return ("IRR") for the State of 15 % per annum.
Navedeni pogoji so bili spremenjeni oktobra 2009 in so ING omogočili odplačilo po ugodnejših pogojih, tj. pri 100 % + natečene obresti + kazen za odplačilo glede na ceno delnice ING, vendar z najmanj 15-odstotno notranjo stopnjo donosa (v nadaljnjem besedilu: IRR) državi na leto.
More details can be found in the Recitals (45) to (61) of the 2012 Restructuring Decision.
Za več podrobnosti glej uvodne izjave od (45) do (61) sklepa o prestrukturiranju iz leta 2012.
The Annex to the 2012 Restructuring Decision is identical to Annex II of the 2009 Restructuring Decision.
Priloga k sklepu o prestrukturiranju iz leta 2012 je enaka kot Priloga II k odločbi o prestrukturiranju iz leta 2009.
ING Insurance is the insurance s division of ING, which is described more in detail in Recital (21).
Podjetje ING Insurance je zavarovalniški oddelek ING, podrobneje opisan v uvodni izjavi 0.
See Recitals (52) to (78) of the Opening Decision.
Glej uvodne izjave od (52) do (78) sklepa o začetku postopka.
Recital (77) and the Annex of the 2012 Restructuring Decision describe the commitment taken by ING and the Dutch State to divest all the insurance activities of ING.
V uvodni izjavi (77) in prilogi k sklepu o prestrukturiranju iz leta 2012 je opisana zaveza ING in Nizozemske k odsvojitvi vseh zavarovalniških dejavnosti ING.
In a first round, ING worked with a shortlist of 24 parties.
V prvem krogu je ING uporabljala seznam 24 akterjev.
In a second round, it worked with a list of 16 parties, which was further increased by three additional names at the trustee's request.
V drugem krogu je uporabljala seznam 16 akterjev, na katerega so bila na zahtevo fiduciarja dodana tri nova imena.
A detailed description of the failure to implement the WUB commitment is given in Recitals (39) to (78) of the Opening Decision.
Podroben opis neuspešnega izvajanja zaveze banke WUB je v uvodnih izjavah od (39) do (78) sklepa o začetku postopka.
EurAsia Insurance refers to the European and Asian business of ING Insurance.
EurAsia Insurance pomeni evropska in azijska podjetja družbe ING Insurance.
A detailed description of the complaint is given in Recitals (79) to (90) of the Opening Decision.
Podroben opis pritožbe je v uvodnih izjavah od (79) do (90) sklepa o začetku postopka.
Basel III is a set of reform measures, developed by the Basel Committee on Banking Supervision, to strengthen the regulation, supervision and risk management of the banking sector.
Basel III je sveženj ukrepov reforme, ki jih je pripravil Baselski odbor za bančni nadzor, da bi se okrepili regulativa, nadzor in upravljanje tveganj v bančnem sektorju.
Not taking into account for example capital increases or the proceeds of divestments.
Ob neupoštevanju na primer dokapitalizacij ali prihodkov od odprodaj.
For more information on the company, see Recital (21) of this Decision
Za več informacij o družbi glej uvodno izjavo (21) tega sklepa.
In cooperation with DNB, the European Central Bank (ECB), the Commission and the European Systemic Risk Board.
V sodelovanju z DNB, Evropsko centralno banko (ECB), Komisijo in Evropskim odborom za sistemska tveganja.
The submission of 11 July 2012 indicated that the transferred portfolio would initially be EUR 2,6 billion.
Predložitev z dne 11. julija 2012 je pokazala, da bi preneseni portfelj prvotno znašal 2,6 milijarde EUR.
Measured from go-live date NN Bank, that is to say, from the moment when the described structure of NN Bank becomes operational.
Izmerjeno od datuma začetka delovanja banke NN Bank, tj. od trenutka, ko je opisana struktura banke NN Bank postala operativna.
Including ING Bank’s subsidiaries.
Vključno s hčerinskimi družbami ING Bank.
The size will depend on the need to come to the market shares set out in Recital (79); the selection of ING's portfolio with probabilities of default (PDs) and losses given default (LGDs) which would be in line with the NN Bank business plan.
Velikost bo odvisna od potrebe, da se dosežejo tržni deleži iz uvodne izjave (79); izbira portfelja ING z verjetnostjo neplačila in izgubami ob neplačilu, ki bi bila v skladu s poslovnim načrtom banke NN Bank.
In the transitional period up to the launch of the Van Gogh scenario (until the described structure of NN Bank becomes operational) WUB and NN Bank will start building consumer finance production capabilities as soon as possible.
V prehodnem obdobju pa do začetka scenarija Van Gogh (dokler opisana struktura banke NN Bank ne postane operativna) bosta banki WUB in NN Bank čim prej začeli razvijati zmogljivosti izdajanja potrošniških posojil.
That consumer lending client portfolio of ING Bank Netherlands is an ING Bank-owned portfolio.
Portfelj stranke s potrošniškim kreditiranjem banke ING Bank Nizozemska je portfelj v lasti banke ING Bank.
The size will depend on the need to come to the market shares set out in Recital (80); the selection of ING's portfolio with probabilities of default (PDs) and losses given default (LGDs) which would be in line with the NN Bank business plan.
Velikost bo odvisna od potrebe, da se dosežejo tržni deleži iz uvodne izjave (80); izbira portfelja ING z verjetnostjo neplačila in izgubami ob neplačilu, ki bi bila v skladu s poslovnim načrtom banke NN Bank.
The Kadaster is the Dutch public land registry.
Kadaster je nizozemski javni zemljiški register.
Excluding funding by ING (or any of its direct or indirect subsidiaries).
Brez financiranja ING (ali katere koli njene neposredne ali posredne hčerinske družbe).
Mainly promotional […] and […] incentives, and to a lesser extent other marketing methods.
Zlasti promocijske […] in […] spodbude ter v manjšem obsegu druge tržne metode.
If the measures do not consist mainly of promotional […] or […] incentives, they need to be approved by the Monitoring Trustee and can be rejected by the Commission
Če ukrepi niso sestavljeni predvsem iz promocijskih […] ali […] spodbud, jih mora odobriti nadzorni fiduciar, Komisija pa jih lahko zavrne.
ING will realise at least EUR […] billion of the total balance sheet reduction (of 45 %) in the form of divestments (in line with ING’s restructuring plan of 22 October 2009).
ING bo realizirala najmanj […] milijard EUR skupnega zmanjšanja bilance (v višini 45 %) v obliki odsvojitev (v skladu z načrtom prestrukturiranja ING z dne 22. oktobra 2009).
The run-down of the United States variable annuities and Financial Products can be taken into account as a divestment, provided that the implementation of the run-down is in line with the conditions listed in Annex II.
Likvidacija rentnih zavarovanj s spremenljivim donosom in finančnih produktov Združenih držav se lahko upošteva kot odsvojitev, če se likvidacija izvede v skladu s pogoji iz Priloge II.
That is to say excluding mortgages, as they are not considered direct real estate exposure.
To izključuje hipotekarna posojila, saj se ne štejejo za neposredno izpostavljenost na trgu nepremičnin.
50 % is measured in terms of shares of 50 % plus 1 and a loss of the majority in the board and the accounting deconsolidation of the entity.
Teh 50 % se izmeri z delnicami v višini 50 % plus 1 in izgubo večine v odboru ter računovodsko dekonsolidacijo subjekta.
Progress report on ING's restructuring plan final version 19 June 2012.
Poročilo o napredku glede končne različice načrta prestrukturiranja ING z dne 19. junija 2012.
United States run-offs (i.e. Variable Annuities and Financial Products business) qualify as pro forma divestments.
Zmanjšanja portfeljev v Združenih državah (tj. poslovanj z rentnimi zavarovanji in finančnimi produkti) se štejejo za predhodno odsvojitev.
Those run-offs measured by allocated equity capital measurement (based on financial year 2011 data) together with a divestment of at least 25 % of the interest in ING Insurance US will result in a divestment of more than 50 % (pro forma) before 31 December 2014.
Rezultat teh zmanjšanj, izmerjenih z merjenjem ustreznosti dodeljenega lastniškega kapitala (na podlagi podatkov iz proračunskega leta 2011) skupaj z odsvojitvijo najmanj 25-odstotnega deleža v ING Insurance US, bo več kot 50-odstotna (predhodna) odsvojitev do 31. decembra 2014.
For Insurance US, the 50 %+ divestment criterion will be reached as soon as ING has divested at least 25 % of that business and taking into account a pro-forma divestment of the United States run-off businesses (by allocated equity capital financial year 2011 data).
Za Insurance US se bo merilo odsvojitve v višini +50 % doseglo takoj, ko bo ING odsvojila najmanj 25 % tega poslovanja, pri čemer se bo upoštevala predhodna odsvojitev likvidiranih poslovanj v Združenih državah (s podatki iz finančnega leta 2011 o dodeljenem lastniškem kapitalu).