natgillin/translations-raw huggingface dataset:
Financial results2013 – Consolidated financial statements, p.
Izbrani podatki o obsegu (v mio.
3 and p.
EUR)
4: http://www.eurobank.gr/Uploads/pdf/EN%20Consol%20AR%202013.pdf;
31. december 2010
2012 and 2011:
31. december 2011
Financial results2012 – Consolidated financial statements, p.
31. december 2012
3 and p.
31. december 2013 (vključno z bankama New TT Bank in Nea Proton Bank)
4: http://www.eurobank.gr/Uploads/pdf/Annual%20Report%202012.pdf;
Posojila in predplačila strankam skupaj
EFG Eurobank-Press Release, Full Year 2011 Results, pp. 5 and 6: http://www.eurobank.gr/Uploads/pdf/Annual%20Report%20AQ2011.pdf
Vloge skupaj
Profit and loss
Sredstva skupaj
(EUR million)
Lastniški kapital skupaj [31]
(includes New TT Bank and Nea Proton Bank from the date of their acquisition)
Iz preglednice 5 je razvidno, da je imela skupina ob hudih izgubah, ki jih je leta 2011 vpisala zaradi programa PSI (5781 milijonov EUR [32]) težave tudi zaradi upadanja prihodkov (tudi zaradi višjih stroškov z vlogami) ter visokih in rastočih izgub zaradi oslabitve njenega portfelja posojil v Grčiji in tujini.
Net Interest Income
Likvidnostni položaj skupine so močno prizadeli odlivi vlog;
Total Operating Income
njeno razmerje med posojili in vlogami je dne 31. decembra 2011 doseglo 148 %, na ta datum pa je 42 % njene bilance stanja financiral Eurosistem.
Total Operating Expenses
Da bi skupina pokrila ugotovljeno potrebo v višini 2945 milijonov EUR kapitala, je predlagala izboljšane blažilne ukrepe, ki pa bodo skupaj prinesli le nekoliko višji znesek od tistega, ki ga je grška centralna banka predvidela pri izračunu kapitalskih potreb.
PSI losses
GRŠKE BANČNE DEJAVNOSTI, KI JIH JE PREVZELA SKUPINA
Other Losses
Skupina je 15. julija 2013 s skladom HFSF podpisala zavezujoča sporazuma o prevzemu 100-odstotnega deleža in glasovalnih pravic bank Nea Proton Bank in New TT Bank.
31 December 2010
Grška centralna banka je 9. oktobra 2011 nadaljevala z reševanjem banke Proton Bank.
31 December 2011
Dovoljenje banke Proton Bank je preklicala grška centralna banka, ki je sprožila postopek likvidacije zadevne banke [35].
31 December 2012
Na predlog grške centralne banke in po odločbi finančnega ministra [36] je bila ustanovljena banka Nea Proton Bank kot začasna kreditna institucija, nanjo pa so bile prenesene vse vloge (prebivalstva, bančne in vlade), mreža podružnic in izbrana sredstva (portfelja posojil in vrednostnih papirjev) banke Proton Bank.
31 December 2013 (includes New TT Bank and Nea Proton Bank)
Terjatve iz naslova lastniških vrednostnih papirjev, podrejen dolg in posojila z visokim tveganjem so ostali pri banki Proton Bank.
Total Loans and Advances to Customers
Sklad HFSF je v banko Nea Proton Bank vložil začetni delniški kapital v višini 250 milijonov EUR [37] in je bil njen edini delničar.
Total Deposits
Začetna bilanca stanja banke Nea Proton Bank je znašala približno 3 milijarde EUR.
Total Assets
Tveganju prilagojena aktiva [38] banke Nea Proton Bank je konec leta 2011 znašala 1,2 milijarde EUR.
Total Equity [31]
Prevzem banke Nea Proton Bank s strani skupine
Table 5 illustrates that, apart from the huge losses it booked in 2011 due to the PSI programme (EUR 5781 million [32]), the Bank suffered from declining income (due, among other reasons, to the higher costs of deposits) and from high and rising impairment losses on its loan portfolios in Greece and abroad.
Grška zakonodaja o reševanju bank zahteva, da mora sklad HFSF svoje deleže v začasni kreditni instituciji prodati v dveh letih od datuma ministrske odločbe o ustanovitvi zadevne začasne kreditne institucije [39].
The liquidity position of the Bank was badly hit by deposit outflows and its loan-to-deposit ratio reached 148 % at 31 December 2011, while 42 % of its balance sheet was funded by the Eurosystem at that date.
Sklad HFSF je skladu z navedeno obveznostjo in memorandumom o gospodarskih in finančnih politikah nadaljeval s prodajo svojih deležev v banki Nea Proton Bank.
Under the stress test of 2013, the results of which were announced on 6 March 2014, the Bank of Greece estimated the capital needs of the Bank at EUR 2945 million for the baseline scenario.
Finančni svetovalec sklada HFSF je stopil v stik s številnimi morebitnimi vlagatelji (vključno z grškimi bankami, tujimi bankami in finančnimi sponzorji), vendar sta končni ponudbi predložili le skupina in ameriški hedge sklad.
That amount was net of mitigating measures, that is to say, it already assumed that the Bank would carry out mitigating measures in the form of divestments, which were assumed to contribute to the reduction of capital needs.
Le za ponudbo skupine se je štelo, da je skladna s pismom o postopku sklada HFSF in torej veljavna.
To cover the identified need for EUR 2945 million of capital, the Bank proposed enhanced mitigating measures, which will, however, in total generate only slightly more than assumed by the Bank of Greece when calculating the capital needs.
Prevzem banke New TT Bank
Those mitigating measures include the sale of additional assets (sale of […] [33], sale of […] % of the insurance subsidiary and the reduction of the participation in the real estate activities to 20 % by […]) [34].
Reševanje bank TT Bank in New TT Bank
Since those enhanced mitigating measures are able to cover only a very small part of the identified capital needs, the extraordinary general meeting of shareholders decided on 12 April 2014 to proceed with a capital increase of EUR 2864 million.
Grški organi so 18. januarja 2013 nadaljevali z reševanjem banke TT Bank.
It takes the form of a non-pre-emptive equity offering (that is to say, a capital increase with cancellation of pre-emption rights) to international investors and a public offering in Greece.
Dovoljenje banke TT Bank je preklicala grška centralna banka, ki je sprožila postopek likvidacije zadevne banke [40].
If the demand from private investors is insufficient to cover the entire capital increase, the HFSF will cover the gap by subscribing the remaining new shares, subject to prior conversion of the existing subordinated capital instruments of the Bank into shares.
Na predlog grške centralne banke in po odločbi finančnega ministra [41] je bila ustanovljena banka New TT Bank kot začasna kreditna institucija, nanjo pa so bila prenesena sredstva v višini 10,8 milijarde EUR (v obliki denarnih sredstev, zakladnih menic, donosnih posojil, vloge za prebivalstvo, centralnega financiranja in grških državnih obveznic [42]).
Resolution of Proton Bank and Nea Proton Bank
Sklad HFSF je v okviru svojih zavez iz memoranduma o gospodarskih in finančnih politikah nadaljeval s prodajo svojih deležev v banki New TT Bank.
On 9 October 2011, the Bank of Greece proceeded with the resolution of Proton Bank.
S tem je izpolnil tudi svojo obveznost glede prodaje svojih deležev v zadevni začasni kreditni instituciji v dveh letih po njeni ustanovitvi.
The license of Proton Bank was recalled by the Bank of Greece which put it into liquidation [35].
Finančni svetovalec sklada HFSF je stopil v stik s številnimi morebitnimi vlagatelji, vključno z grškimi bankami, tujimi bankami in finančnimi sponzorji.
On a proposal from the Bank of Greece and following the decision of the Minister of Finance [36], Nea Proton Bank was created as an interim credit institution and all the deposits (retail, bank and government), the branch network and selected assets (loans and securities portfolios) of Proton Bank were transferred to it.
Končne ponudbe so predložile le štiri največje grške banke, prednost pa je imela ponudba skupine.
Equity claims, subordinated debt, and high-risk loans remained with Proton Bank.
Skupina se je dogovorila, da bo za nakup banke New TT Bank plačala skupno 681 milijonov EUR v obliki novo izdanih navadnih delnic.
The size of the opening balance sheet of Nea Proton Bank was approximately EUR 3 billion.
Na izredni generalni skupščini delničarjev skupine 26. avgusta 2013 je bilo nato odobreno povečanje delniškega kapitala skupine za 425625000 EUR z izdajo 1418750000 novih navadnih delnic [44] z nominalno vrednostjo 0,30 EUR za delnico in po ponudbeni ceni 0,48 EUR za delnico.
At the end of 2011, Nea Proton Bank’s risk weighted assets (‘RWA’ [38]) amounted to EUR 1,2 billion.
Povečanje kapitala je v celoti vpisal sklad HFSF s stvarnim vložkom.
Acquisition of Nea Proton Bank by the Bank
UKREPI POMOČI
The Greek law on bank resolution requires that the HFSF must dispose of its shares in an interim credit institution within two years from the date of the Ministerial decision establishing that interim credit institution [39].
Skupina je prejela pomoč v obliki ukrepov kapitalske podpore A, B1, B2, B3, B4 in C ter ukrepov za večjo likvidnost L1 in L2.
In line with that obligation and pursuant to the MEFP, the HFSF proceeded with the sale of its shares in Nea Proton Bank.
Banki Proton Bank in Nea Proton Bank sta prejeli pomoč v obliki naslednjih ukrepov:
The financial advisor of the HFSF contacted a wide range of potential investors (including Greek banks, foreign banks and financial sponsors) but only two parties, the Bank and a US hedge fund, submitted final offers.
, Pr2 Pr3, NP1, NP2 in NP3.
Only the offer made by the Bank was considered to be compliant with the process letter of the HFSF and was therefore valid.
Banke T Bank, TT Bank in New TT Bank so prejele pomoč v obliki ukrepov T, TT, NTT1 in NTT2.
At 31 May 2013, Nea Proton Bank’s RWA were EUR 811 million and its regulatory capital was EUR – 203 million.
Ukrepi pomoči, dodeljeni skupini v okviru programa pomoči grškim bankam
At the same date, Nea Proton Bank needed a total recapitalisation of EUR 276 million to reach a 9 % Core Tier One capital ratio.
Skupina je v okviru programa pomoči grškim bankam prejela pomoč v različnih oblikah, tj. na podlagi ukrepa dokapitalizacije, ukrepa jamstva in ukrepa državnih obligacijskih posojil.
The Bank paid cash consideration of EUR 1 in exchange for 100 % of the shares and voting rights of Nea Proton Bank.
Državna likvidnostna podpora, dodeljena na podlagi jamstva, in ukrepi državnih obligacijskih posojil (ukrep L1)
The Bank requested the HFSF to recapitalise Nea Proton Bank by EUR 395 million which, apart from the EUR 276 million needed to bring the capital adequacy ratio of Nea Proton Bank back to 9 %, would allow for an additional EUR 119 million of provisions to deal with additional loan loss provisions and expected pre-tax losses until 2016.
Skupina je prejela in še prejema pomoč na podlagi ukrepa jamstva in ukrepa državnih obligacijskih posojil.
Resolution of TT Bank and New TT Bank
Grški organi so v načrtu prestrukturiranja za skupino, ki so ga Komisiji predložili 16. marca 2014, pokazali namen, da v obdobju prestrukturiranja nadaljujejo z odobritvami jamstev in posojanjem državnih obveznic na podlagi programa.
On 18 January 2013, the Greek authorities proceeded with the resolution of TT Bank.
Državna dokapitalizacija, dodeljena okviru ukrepa dokapitalizacije programa pomoči grškim bankam (ukrep A)
The license of TT Bank was recalled by the Bank of Greece which put it into liquidation [40].
Skupina je maja 2009 na podlagi ukrepa dokapitalizacije programa pomoči grškim bankam prejela kapitalski vložek v višini 950 milijonov EUR [46] (ukrep A).
On a proposal from the Bank of Greece and following the decision of the Minister of Finance [41], New TT Bank was created as an interim credit institution and EUR 10,8 billion of assets (in the form of cash, T-bills, performing loans, retail deposits, central funding and GGBs [42]) were transferred to New TT Bank.
Navedeni kapitalski vložek je bil enak približno 2 odstotkoma tveganju prilagojene aktive skupine v zadevnem času.
A total amount of EUR 1,2 billion of net assets remained in TT Bank: ‘in the form of’ equity claims, non-performing loans, tax assets and liabilities of TT, and levies and duties of any kind.
Dokapitalizacija je bila v obliki prednostnih delnic, ki jih je vpisala Grčija, ki je imela kupon z nominalno obrestno mero 10 % in zapadlostjo petih let.
HFSF injected initial share capital of EUR 500 million into New TT Bank and was its only shareholder.
Trajanje prednostnih delnic je bilo leta 2010 podaljšano, njihovo nadomestilo pa se je zvišalo.
The size of the opening balance sheet of New TT Bank after the capital injection was approximately EUR 15,1 billion.
Če se prednostne delnice ne odkupijo v petih letih od njihove izdaje, generalna skupščina delničarjev pa ne sprejme nobene odločitve glede odkupa navedenih delnic, bo grški finančni minister vsako leto kupon zvišal za 2 % na kumulativni podlagi (tj. kupon z nominalno obrestno mero 12 % šesto leto, 14 % sedmo leto itd.).
Acquisition of New TT Bank by the Bank
Izredna likvidnostna pomoč z državnim jamstvom (ukrep L2)
As part of the MEFP commitments, the HFSF proceeded with the sale of its shares in New TT Bank.
Izredna likvidnostna pomoč je izreden ukrep, ki plačilno sposobni finančni instituciji, ki ima trenutne težave z likvidnostjo, omogoči prejemanje financiranja iz Eurosistema, zadevni ukrep pa ni del enotne denarne politike.
In that way, it also fulfilled its obligation to dispose of its shares in that interim credit institution within two years of the latter’s creation.
Obrestna mera, ki jo takšna finančna institucija plača za izredno likvidnostno pomoč, je […] bazičnih točk višja od obresti, ki jih plačuje za redno refinanciranje centralne banke.
The Bank agreed to pay a total of EUR 681 million in the form of newly issued ordinary shares to purchase New TT Bank.
Finančni minister lahko na podlagi odstavka 7 člena 50 zakona št. 3943/2011, ki je spremenil odstavek 1 člena 65 zakona št. 2362/1995, grški centralni banki dodeli jamstva v imenu države, da se zavarujejo terjatve grške centralne banke zoper kreditne institucije.
According to the Subscription Agreement, the initial consideration paid by the Bank was subject to further adjustments based on a Net Asset Value evaluation [43].
Banke, upravičene do izredne likvidnostne pomoči, so morale državi plačati provizijo za jamstvo v višini […] bazičnih točk.
Consequently, the Bank’s extraordinary general meeting of shareholders of 26 August 2013 approved the increase of the Bank’s share capital by EUR 425625000, by issuing 1418750000 new ordinary shares [44] with a nominal value of EUR 0,3 each and an offer price of EUR 0,48 each.
Do 31. decembra 2011 je skupina prejela izredno likvidnostno pomoč z državnim jamstvom v višini 14,95 milijarde EUR [48], do 31. decembra 2012 pa je skupina prejela izredno likvidnostno pomoč z državnim jamstvom v višini 12 milijard EUR.
The capital increase was subscribed entirely by the HFSF by way of contribution in kind.
Ukrepi pomoči, dodeljeni skupini v okviru sklada HFSF
That contribution in kind took the form of all the shares of New TT Bank owned by the HFSF, with a total value of EUR 681 million.
Skupina je od leta 2012 prejela pomoč v okviru različnih ukrepov kapitalske podpore, ki jih je dodelil sklad HFSF.
Following that transaction, the shareholding of HFSF in the Bank increased from 93,5 % to 95,2 %.
Preglednica 6 vsebuje pregled navedenih ukrepov pomoči.
AID MEASURES
Preglednica 6
The Bank benefited from capital support measures A, B1, B2, B3, B4 and C and liquidity support measures L1 and L2.
Prva premostitvena dokapitalizacija – maj 2012 (v mio.
Proton Bank and Nea Proton bank benefited from following measures:
EUR)
, Pr2 Pr3, NP1, NP2 and NP3.
Druga premostitvena dokapitalizacija – december 2012 (v mio.
T Bank, TT bank and New TT bank benefited from measures T, TT, NTT1 and NTT2.
EUR) Pismo o zavezi – december 2012
Aid measures granted to the Bank under the Greek Banks Support Scheme
Dokapitalizacija iz pomladi 2013 – maj 2013 (v mio.
The Bank has obtained several forms of aid under the Greek Banks Support Scheme, under the recapitalisation measure, the guarantee measure and the government bond loan measure.
EUR)
State liquidity support granted under the guarantee measure and the government bond loan measure (measure L1)
Zaveza o dokapitalizaciji – april 2014 (v mio.
The Bank has benefited and continues to benefit from aid under the guarantee measure and the government bond loan measure.
EUR)
That aid will be described in this Decision as ‘measure L1’.
Ukrep
As of 30 November 2013 [45], the guarantees granted to the Bank amounted to around EUR 13,9 billion.
Znesek
At that date, there was no outstanding loan of government bonds to the Bank.
Prva premostitvena dokapitalizacija (ukrep B1)
As of 15 April 2011, the Bank had received loans of government bonds amounting to EUR 1737 million and benefited from EUR 13,6 billion of State guarantees granted under the Greek Banks Support Scheme.
V uvodnih izjavah 15 do 32 sklepa o začetku postopka za skupino Eurobank je podrobno opisana prva premostitvena dokapitalizacija iz maja 2012 (ukrep B1).
In the restructuring plan for the Bank submitted by the Greek authorities to the Commission on 16 March 2014 the Greek authorities signalled their intention to continue granting guarantees and lending government bonds under the scheme during the restructuring period.
Ozadje in glavni elementi navedenega ukrepa so podani v tem oddelku.
That capital injection was equivalent to around 2 % of the RWA the Bank had at that time.
Oba zneska, ki sta bila zagotovljena v pismu o zavezi in s prvo premostitveno dokapitalizacijo, je izračunala grška centralna banka, da bi zagotovila, da bo skupina do dne 31. decembra 2011, datuma retroaktivnega vpisa premostitvene dokapitalizacije v izkaze skupine, dosegla količnik celotnega kapitala v višini 8 %.
The recapitalisation took the form of preference shares subscribed by Greece which had a coupon of 10 % and a maturity of five years.
Sporazum o obdobju pred vpisom med skupino in skladom HFSF je glede obdobja med datumom prve premostitvene dokapitalizacije in datumom pretvorbe prve premostitvene dokapitalizacije v navadne delnice in druge konvertibilne finančne instrumente določal, da mora skupina skladu HFSF plačati 1-odstotno letno pristojbino na nominalno vrednost obveznic instrumenta EFSF, vsa izplačila kupona in natečene obresti na obveznice instrumenta EFSF v zadevnem obdobju pa bi se štela za dodatni prispevek kapitala sklada HFSF [49].
In 2010 the duration of the preference shares was extended while their remuneration was increased.
Druga premostitvena dokapitalizacija (ukrep B2)
From this point forward, if the preference shares are not redeemed within five years from their issue and no decision has been taken by the general meeting of shareholders as to the redemption of those shares, the Greek Minister of Finance will increase the coupon by 2 % per year on a cumulative basis (that is to say, a coupon of 12 % for year six, 14 % for year seven, etc…).
Skupina je jeseni 2012 vpisala nadaljnje izgube.
State-guaranteed ELA (measure L2)
Njen kapital je bil torej ponovno nižji od minimalnih kapitalskih zahtev, na podlagi katerih bi bila upravičena za refinanciranje ECB.
ELA is an exceptional measure enabling a solvent financial institution, facing temporary liquidity problems, to receive Eurosystem funding without such operation being part of the single monetary policy.
Zato je bila potrebna druga premostitvena dokapitalizacija.
The interest rate paid by such financial institution for ELA is […] basis points higher than the interest it pays for regular Central Bank refinancing.
Sklad HFSF je 21. decembra 2012 izvedel drugo premostitveno dokapitalizacijo v višini 1341 milijonov EUR (ukrep B2), ki je bila ponovno plačana s prenosom obveznic instrumenta EFSF na skupino.
The Bank of Greece is responsible for the ELA programme, which means that any cost of, and the risks arising from, the provision of ELA are incurred by the Bank of Greece [47].
Pismo o zavezi z dne 21. decembra 2012 (ukrep B3)
Greece granted to the Bank of Greece a State guarantee which applies to the total amount of ELA granted by the Bank of Greece.
Sklad HFSF je ob drugi premostitveni dokapitalizaciji 21. decembra 2012 skupini izdal tudi pismo o zavezi, s katerim se je zavezal, da bo udeležen pri povečanju delniškega kapitala skupine in zamenljivih kapitalskih instrumentov, ki bodo izdani v skupnem znesku 528 milijonov EUR (ukrep B3).
The adoption of Article 50, paragraph 7 of law 3943/2011, which amended Article 65, paragraph 1 of law 2362/1995, allowed the Minister of Finance to grant guarantees on behalf of the State to the Bank of Greece in order to safeguard the Bank of Greece’s claims against the credit institutions.
Skupni znesek obeh premostitvenih dokapitalizacij (ukrepa B1 in B2) in dodatnega zneska, dodeljenega decembra 2012 (ukrep B3) je pomenil, da je sklad HFSF pokril skupne kapitalske potrebe, ugotovljene s testom izjemnih situacij iz leta 2012 (5839 milijonov EUR [50]).
The banks benefiting from ELA have to pay a guarantee fee to the State amounting to […] basis points.
Dokapitalizacija iz pomladi 2013 (ukrep B4)
Aid measures granted to the Bank through the HFSF
Skupina je zato izdala 3789317357 novih delnic z nominalno vrednostjo 0,30 EUR po ceni 1,54 EUR za delnico.
Table 6 provides an overview of those aid measures.
Sklad HFSF je maja 2013 zato v skupino vložil skupno 5839 milijonov EUR v obliki navadnih delnic (ukrep B4).
Table 6
Navedeni znesek je enak vsoti ukrepov B1, B2 in B3.
Capital support measures granted to the Bank through the HFSF
Z dokapitalizacijo iz pomladi 2013 sta bili prva in druga premostitvena dokapitalizacija (ukrepa B1 in B2) pretvorjeni v trajno dokapitalizacijo, izvedena pa je bila tudi zaveza glede dodelitve dodatne finančne pomoči (ukrep B3).
1st bridge recapitalisation — May 2012 (EUR million)
Cena novih delnic se je določila na 50 % cene delnice, izračunane na podlagi povprečja obsega trgovanja v 50 trgovalnih dneh pred določitvijo ponudbene cene.
2nd bridge recapitalisation — Dec 2012 (EUR million)
Na generalni skupščini delničarjev 30. aprila 2012 je bila sprejeta odločitev o združevanju delnic [51], zato je bila cena novih delnic določena na 1,54 EUR za delnico.
Commitment letter — Dec 2012
Sklad HFSF je takoj po dokapitalizaciji iz pomladi 2013 postal večinski delničar skupine z 98,56-odstotnim deležem.
Spring 2013 recapitalisation — May 2013 (EUR million)
Ko je skupina ponovno izvedla upravljanje obveznosti, se je navedeni delež junija 2013 zmanjšal na 93,55 % (glej oddelek 2.4.5).
Recapitalisation commitment — April 2014 (EUR million)
Skupina je avgusta 2013 skladu HFSF izdala nove delnice za nakup banke New TT Bank, na podlagi tega pa se je delež sklada HFSF povečal na 95,23 % [52].
Measure
Zaveza za dokapitalizacijo iz leta 2014 (ukrep C)
Amount
Grška centralna banka je 6. marca 2014 sporočila rezultate testa izjemnih situacij, ki je bil izveden v drugi polovici leta 2013.
The first bridge recapitalisation (measure B1)
Grška centralna banka je navedla, da bi v osnovnem scenariju kapitalske potrebe skupine za obdobje 2014–2016 dosegle 2945 milijonov EUR.
Recitals 15 to 32 of the Eurobank Opening Decision give a detailed description of the first bridge recapitalisation of May 2012 (measure B1).
Sklad HFSF je 31. marca 2014 skupini poslal dopis, v katerem je navedel, da namerava in lahko finančno podpre morebitno povečanje delniškega kapitala na podlagi zakona št. 3864/2010 o skladu HFSF, kot je bil spremenjen 30. marca 2014, ki je potreben za izpolnjevanje kapitalskih potreb, ugotovljenih v testu izjemnih situacij.
The background and main features of that measure are set out in this section.
Če na koncu obdobja vpisa ni dovolj povpraševanja zasebnih vlagateljev po ceni, ki jo Generalni svet sklada HFSF določi na podlagi dveh neodvisnih vrednotenj, zakon o skladu HFSF določa, da sklad HFSF po predhodni pretvorbi obstoječih podrejenih kapitalskih instrumentov skupine v delnice vpiše vse preostale delnice, kot je navedeno v členu 6a.
On 20 April 2012, the HFSF provided a letter to the Bank committing to participate in a planned share capital increase of the Bank for an amount of up to EUR 4,2 billion.
Na izredni generalni skupščini delničarjev 12. aprila 2014 je bilo odobreno povečanje delniškega kapitala v višini 2864 milijonov EUR na podlagi zakona o skladu HFSF in navedeno, da ponudbena cena ne more biti nižja od nominalne cene 0,30 EUR za delnico in najnižje cene, ki jo bo določil sklad HFSF [53].