natgillin/translations-raw huggingface dataset:
credit/leasing exposure renewals (prolongations) with existing clients (on a product basis) going beyond a tenor of […] – i.e. ‘exposure-prolonging business’ - (ExPB) [3].
stranki se med postopkom prestrukturiranja ali na podlagi prestrukturirane obveznosti ne smejo izplačati novi zneski denarja,
Additional criteria
prestrukturiranje majhne stranke je dovoljeno, samo če stranka dokaže, da je sposobna in pripravljena poplačati prestrukturirano obveznost,
Within the context of ExIB, new business must be considered at the level of individual transactions.
strank, proti katerim je bila vložena tožba (s strani tretjih oseb) ali proti katerim se izvajajo izvršilni ukrepi ali pa je njihova pravna sposobnost drugače omejena zaradi zakonskih postopkov, se ne sme prestrukturirati.
So if a client intends to increase its cash exposure and in turn reduce its guarantee exposure by the same amount, the increased cash exposure still counts as new business.
Če stranka ni fizična oseba (zasebna stranka), temveč MSP (poslovna stranka), in zanjo zato ne velja zgoraj navedeno merilo za upravičenost, se zanjo uporabljajo pravila o prestrukturiranju (povečanje povračil) in omejitve glede zapadlosti, ki veljajo za podjetja,
Finance leasing must be treated as credit financing.
prenos obstoječe izpostavljenosti v drug segment se ne šteje za nov posel, če se pri tem izpostavljenost ne poveča.
New business (NCB and ExIB) must therefore be fully compliant with the new business requirements under points 4.1.1 to 4.16 above.
To vpliva zlasti na izpostavljenost pri financiranju projektov (npr. gradnja stanovanj) v segmentu poslovanja s podjetji, ki jo na koncu krijejo/odplačajo majhne stranke, na primer, ko vzamejo posojila za nakup stanovanj.
Operating leasing must be treated as new business within the meaning of points 4.1.1-4.1.6, having regard to the following considerations:
V tem primeru se izpostavljenost dejansko prenese iz segmenta poslovanja s podjetji v segment poslovanja s prebivalstvom.
Minimum rating of […] and maximum tenor as per the restrictions on new business must be observed.
Vendar veljajo naslednje omejitve:
Full collateralisation is to be assumed as long as the residual value is fully covered by the carrying value, provided that the residual value is sufficiently conservative; this will be the case where the residual value corresponds to a highly probable sales value (after deduction of sales costs) of the underlying item in the financial records of the booking entity.
najvišje dovoljeno razmerje med posojilom in vrednostjo je […] % ter
Any credit engagement involving uncommitted credit lines should adhere to the new lending standards under points 4.1.1-4.1.6.
največji letni obseg novih poslov je omejen na […] % skupnega letnega obsega novih hipotek za prebivalstvo, sklenjenih v posamezni državi,
Intragroup transactions (e.g. refinancing of local banks, leasing and other participations) and business arising out of HGAA’s liquidity management requirements shall be accounted for in the Financial Institutions segment.
povečanja skupne izpostavljenosti posojil, danih prebivalstvu, zaradi obresti, pristojbin ali drugih oblik kapitalizacije dolga (predvsem v okviru slabih posojil ali prestrukturiranj), se ne štejejo za nove posle,
Limitations
Če pa je novo konsolidirano posojilo odobreno v obliki posojila za prebivalstvo in če je izpostavljenost (precej) večja od vsote izpostavljenosti konsolidiranih posojil, se razlika v izpostavljenosti šteje za nov posel v skladu s točko 4.2.3(ii) in (iii).
The following risk-relevant transactions are not subject to the restrictions on new business under points 4.1.1-4.1.6:
Vendar se do vzpostavitve zmogljivosti poročanja uporablja točka 4.2.3.1(i),
Transactions with financial institutions in the context of HGAA’s liquidity book, i.e.
„povečanja posojil“ za posojila za prebivalstvo se ne štejejo za nove posle, če je bila možnost povečanja izrecno dovoljena v prvotni posojilni pogodbi in je HGAA ni mogla preklicati ter je bila odvisna samo od izpolnitve določenih posojilnih zavez stranke, ne da bi bilo treba izvesti običajno oceno posojila.
FX spot transactions (i.e. intra-day settlement limits);
„zamenjave valute“, tj. majhna stranka spremeni posojilo, denominirano v tuji valuti (ali dolg, indeksiran s tujo valuto), v posojilo, denominirano v lokalni valuti, brez znatnega povečanja izpostavljenosti (do […] EUR) se ne štejejo za nove posle.
FX outrights und swaps with a maximum tenor of […], provided that a netting and collateral agreement (ISDA and CSA), stipulating a threshold (substantive unsecured exposure) of maximum EUR […], is in place;
posojila, odobrena majhnim strankam za ponovno trženje ali ponoven zakup ponovno pridobljenih sredstev ali zavarovanj, se ne štejejo za nove posle, vendar zanje veljajo naslednje omejitve:
Money-market loans, deposits and (reverse) repo transactions, each with a maximum tenor of […], where the maximum amount per counterparty is limited to a total of EUR […] and the total amount granted at any time is limited to a maximum of EUR […].
najvišje dovoljeno razmerje med posojilom in vrednostjo za ponovno trženje stanovanj in drugih nepremičnin je […] %, največji letni obseg novih poslov pa je omejen na […] % skupnega letnega obsega novih hipotek za prebivalstvo, sklenjenih v posamezni državi,
Financial derivatives (interest-rate swaps) with a maximum tenor of […], provided that a netting and collateral agreement (ISDA and CSA), stipulating a threshold (substantive unsecured exposure) of maximum EUR […], is in place.
največji letni obseg novih poslov v zvezi z vozili in opremo je omejen na […] % skupnega letnega obsega novih poslov v zvezi z vozili in opremo, sklenjenih s prebivalstvom v posamezni državi.
HGAA must ensure that individual counterparty limits for financial institutions business are approved by the group head office risk management, with a maximum tenor of […].
izpolnjevanje obstoječih pogodb in obveznosti (npr. nepremičnine v gradnji, aktivacija dogovorjenih zakupov) se ne šteje za nov posel.
New financing and prolongations, roll-overs, restructurings and reprogrammings granted to non-performing clients (and all customers within the remit of Group/Local Task Force Rehabilitation and/or Credit Rehabilitation) with the aim and the clearly documented prospect of bringing them back to performing status and/or enabling a final recovery of the exposure, as long as the maturity of the new financing in this context is limited to […].
Ponovna privatizacija operativnih subjektov
Any such transaction should be adequately documented, including quantitative evidence that it is the best way of preserving value for HGAA rather than merely a delay in the recognition of losses.
Zmanjšanje bilančnih vsot in prisotnosti na trgu
The assumptions used for this quantitative assessment should be sufficiently conservative.
HGAA je 31. decembra 2008 delovala kot mednarodna finančna skupina s 384 podružnicami v dvanajstih državah (Avstrija, Italija, Slovenija, Hrvaška, Bosna in Hercegovina, Srbija, Črna gora, Bolgarija, Nemčija, Nekdanja jugoslovanska republika Makedonija, Ukrajina in Madžarska) na področju bančništva (storitve za prebivalstvo in podjetja ter javne finance), zakupa (storitve za prebivalstvo in podjetja, nepremičnine, motorna vozila, oprema) in deležev ter z bilančno vsoto v višini 43,34 milijarde EUR in tveganju prilagojeno aktivo v višini 32,83 milijarde EUR.
Prolongations, roll-overs, restructurings or reprogrammings of existing performing exposures [4] or existing performing clients (GoBs), which are objectively justified, in the interest of HGAA, and not granted a tenor of more than […].
Kmalu po nacionalizaciji je HGAA ustavila vse nove posle v Bolgariji, Nekdanji jugoslovanski republiki Makedoniji, Ukrajini, na Madžarskem in v Nemčiji ter prenehala opravljati vse nestrateške dejavnosti.
Any such transaction should be adequately documented, including quantitative evidence that it is the best way of preserving value for HGAA rather than merely a delay in the recognition of losses.
Hčerinske družbe v navedenih državah so prenehale delovati in so trenutno v postopku pravilnega reševanja.
Additional financings provided to clients on the group/local watch-list with the aim and the clear, documented prospect of stabilising their financial situation (including hedging of interest-rate and FX risks), thus preventing an event of default and enabling them to return to performing status as long as this kind of financing is not granted beyond a tenor of […].
Zaradi novega strateškega položaja se je zaprlo dvanajst od osemnajstih podružnic v „likvidiranih državah“, tj. Bolgarija, Nekdanja jugoslovanska republika Makedonija, Ukrajina, Madžarska in Nemčija.
Transactions
je bilančna vsota HBI 31. decembra 2012 znašala približno 3,28 milijarde EUR, kar ustreza približno 65 % njene bilančne vsote na dan 31. decembra 2008 (5,02 milijarde EUR) in samo 8 % bilančne vsote skupine HGAA na dan 31. decembra 2008, tveganju prilagojena aktiva HBI pa je znašala 2,54 milijarde EUR (31. decembra 2008 je znašala 4,198 milijarde EUR),
which are fully covered in cash, fully enforceable for collateral purposes for the entire duration of the loan contract, unencumbered by pledges in existing credits, provided the client’s rating is not worse than […], OR
je bilančna vsota mreže v jugovzhodni Evropi 31. decembra 2012 znašala približno 10,11 milijarde EUR, kar ustreza približno 68,5 % njene bilančne vsote na dan 31. decembra 2008 (14,775 milijarde EUR) in samo 23 % bilančne vsote skupine HGAA na dan 31. decembra 2008, tveganju prilagojena aktiva mreže v jugovzhodni Evropi pa je znašala 7,2 milijarde EUR (31. decembra 2008 je znašala 12,623 milijarde EUR).
which are fully covered by a guarantee from a financial institution (bank guarantee), provided the guarantor’s rating is no worse than […].
Zaradi začetka postopka likvidacije HBI v drugi polovici leta 2013 se je skupna bilančna vsota operativnih subjektov (HBA in mreže v jugovzhodni Evropi) zmanjšala za nadaljnjih 19 % v primerjavi z obstoječimi podatki, ki ustrezajo samo približno 33 % bilančne vsote skupine HGAA in 26-odstotnemu tveganju prilagojene aktive na dan 31. decembra 2008.
Conversion of existing FX loans to EUR loans, if the client’s accounting currency is EUR, Kuna or Convertible Mark, the total exposure is converted at the prevailing FX-rate, and the collateral terms for HGAA are the same or better.
Avstrija se zavezuje, da bo HGAA vodila posle operativnih subjektov s ciljem ponovne vzpostavitve in ohranjanja njihove dolgoročne donosnosti v skladu z določbami načrta za prestrukturiranje in njegovimi prilogami (vključno s tem seznamom zavez).
Business conducted using funds from development banks and supranational financing institutions (e.g. EIB, EBRD, HBOR, SID, etc.) as well as subsidised loan programmes offered by sovereign/sub-sovereign agencies, provided that, as far as collateralisation is concerned, the cut-off rating […] and a maximum tenor of […] must be observed.
Čimprejšnja ponovna privatizacija
Such subsidised loan programmes must have credit-risk mitigating features […], which is to be confirmed by the Monitoring Trustee prior to HGAA’s participation.
Avstrija se zavezuje, da bodo operativni subjekti čim prej ponovno privatizirani v skladu s tem oddelkom.
Internal financings (i.e. refinancing lines) provided to other HGAA entities for repossession of collaterals and assets in the process of court auctions or sales.
Navedbe glede ponovne privatizacije operativnih subjektov v tem oddelku B.IV.3 vključujejo odobreno ponovno privatizacijo delov operativnih subjektov, če je potrebna.
Reclassification of leases, i.e. from operating leases to financial leases, if the asset risk of the operating lease can be fully converted into counterparty risk (in other words, all of the risks and rewards incidental to ownership of the leased asset are transferred from the lessor to the lessee.
Ponovna privatizacija
Fulfilment of existing contracts and commitments (e.g. real estate under construction, activation of leases to go), provided the contract or local legislation does not allow for the possibility of cancelling the commitment in part or in whole, for example under one of the covenant clauses.
Za operativni subjekt se šteje, da je bil ponovno nacionaliziran, če je Republika Avstrija prodala 100 % delnic ali vsa sredstva zadevnega operativnega subjekta enemu ali več kupcev, ki niso pod nadzorom Republike Avstrije.
New business in the Retail segment
Ponovna privatizacija vključuje tudi prodajo vseh delnic operativnega subjekta, ki jih ima Avstrija v neposredni ali posredni lasti, v okviru prve javne ponudbe pod običajnimi tržnimi pogoji.
In accordance with point 4.2.2.1 and in compliance with the principles of due and prudent risk reporting, ‘new business’ for the retail segment is defined as follows:
Datum ponovne privatizacije
A risk-relevant credit or leasing transaction (e.g. a loan or a credit line) which is considered a retail lending or leasing product and which is newly granted to an existing or new customer (or GoB), OR
Za ponovno privatizacijo se šteje, da je zaključena na dan, ko je podpisana zavezujoča kupoprodajna pogodba o pridobitvi operativnega subjekta, ki jo ureja obligacijsko pravo (v nadaljnjem besedilu: kupoprodajna pogodba).
For limit-based retail products already held by a retail client, such as overdrafts, credit cards and retail SME (working capital) credit lines, the difference between the newly granted (higher) limit and the old (lower) limit, OR
Če so deli operativnega subjekta prodani več kupcem, je začetni datum privatizacije dan, ko je podpisana zadnja kupoprodajna pogodba.
For amortising retail products already held by a client, such as all forms of instalment loans, the difference between the newly/granted (higher) loan amount and the old (lower) loan amount.
V primeru prve javne ponudbe je začetni datum privatizacije dan, ko je zadnja delnica, ki je v neposredni ali posredni lasti Avstrije, dana na trg.
Until HGAA is in a position to report on incremental exposure increases as outlined in 4.2.3(ii) and (iii), exposure increases with existing clients (on a product basis) are considered new business.
Rok za ponovno privatizacijo
For clarification: a decrease in the instalment frequency (e.g. from monthly to quarterly) is considered new business.
HBA mora biti ponovno privatizirana do 31. decembra 2013, mreža v jugovzhodni Evropi pa do 30. junija 2015.
Marginal/insignificant exposure increases (up to EUR […]) caused by transaction fees, capitalised interest/fees, etc., in particular relating to the transactions listed under 4.2.3.2 (e.g. currency switches, restructurings, consolidations, prolongations, etc.) are not considered new business at any time.
Rok za izvršitev
Within the context of exposure-increasing retail business, the existence or otherwise of new business must be determined at the level of individual transactions, so exposure increases on one product (held by the client) are not to be netted against exposure decreases on another product.
Podaljšanje rokov za izvršitev
Finance leasing shall be treated as credit financing, and is therefore new business pursuant to 4.2.3, and subject to the restrictions on new business.
Če se po pravočasni ponovni privatizaciji, vendar pred iztekom roka za izvršitev, izkaže, da kupec subjekta ne more izpolniti pogojev za izvršitev ali jih ne more izpolniti do roka za izvršitev, se lahko subjekt proda tretji osebi, če Komisija poda svoje soglasje in če se lahko prodaja izvede v roku za izvršitev, ki je bil določen za prvo prodajo.
Operating leasing shall be treated as new business if it is caught by 4.2.3, and is therefore subject to the restrictions on new business.
Neupoštevanje rokov za ponovno privatizacijo ali izvršitev
Reclassification of leases (e.g. from operating leases to finance leases) is not considered new business, unless it increases the risk exposure of the bank in regulatory or economic terms.
Če se ponovna privatizacija ne izvede v roku iz točke 3.3 ali se izvršitev ne doseže v roku iz točke 3.4 v povezavi s točko 3.5, mora zadevni subjekt na dan, ki sledi datumu izteka toka, prenehati sklepati nove posle.
Limitations/Exclusions
Od navedenega datuma bodo za zadevni subjekt veljale določbe tega seznama zavez, ki se uporabljajo za del za likvidacijo.
The following risk-relevant transactions are to receive specific treatment:
Postopek prodaje
All offers on retail loans made to clients before 1 January 2013 are not subject to the restrictions on new business, provided that they are accepted by the client within the acceptance period as determined by the laws in the relevant country.
Avstrija se zavezuje, da bo HGAA pravočasno začela prodajne postopke, potrebne za ponovno privatizacijo operativnih subjektov, in jih hitro opravila, da se omogoči čim hitrejša ponovna privatizacija.
Offers made after 1 January 2013 must comply with the commitments under point 4.1.
Ponovna privatizacija operativnih subjektov bo izvedena v okviru prve javne ponudbe pod običajnimi tržnimi pogoji ali v okviru odprtega, preglednega in brezpogojnega postopka prodaje, ki bo vključeval običajna zastopanja in jamstva, če je tak postopek zakonsko dovoljen in ga je mogoče izvesti brez kršitve zaupnosti poslovnih skrivnosti.
Retail loans made using funds from development banks and supranational financing institutions (e.g. EIB, EBRD, HBOR, SID, etc.) and subsidised loan programmes supported by sovereign/sub-sovereign lending or insurance agencies or public funds are not subject to the restrictions on new business.
To ne izključuje pogajanj s posebej določenimi zainteresiranimi stranmi pred ali med takšnim postopkom.
Restructuring of retail loan or lease contracts, if they were provided to natural persons (private clients) with a maximum amount of EUR […], are not considered new business, as long as the exposure is not increased.
V. Del za likvidacijo
The following principles must be observed:
Likvidacija obstoječih poslov, ki ohranja kapital in vrednost
Restructuring should always be net-present-value neutral (NPV-neutral);
Avstrija se zavezuje, da bo HGAA po datumu sprejetja končne odobritve likvidirala izključno posle, ki bodo na navedeni datum pripadali delu za likvidacijo, in sicer na način, ki ohranja kapital in vrednost.
In the course of a restructuring, exposure to a client may NOT be increased;
Sredstva v delu za likvidacijo bodo dejavno in učinkovito prodana ali likvidirana.
No new money may be disbursed to the customer during the restructuring process or under the restructured obligation;
Načeloma morajo biti sredstva prodana v najkrajšem možnem času.
Restructuring of a retail client may take place only if the client demonstrates the ability and willingness to repay the restructured obligation;
HGAA se zavezuje, da bo ta sredstva prodala, takoj ko jih bo mogoče prodati po ceni, ki ustreza vsaj njihovi knjižni vrednosti, razen če bo prodajna cena očitno neprimerna glede na nesporno, objektivno oceno vrednosti.
Clients being sued (by a third party), subject to legal enforcement measures, or otherwise having limited legal capacity because of a statutory procedure may not be restructured.
Vsa sredstva, ki jih ne bo mogoče prodati v skladu s točko 1.3, bodo likvidirana po izteku roka.
If the client is not a natural person (private client) but an SME (business client) and hence not subject to the above eligibility criterion, the restructuring rules (recovery maximisation) and maturity limitations for corporate clients will apply.
V delu za likvidacijo ne bo novih poslov
Cross-segment migration of existing exposure without any exposure increase is not considered new business.
Avstrija se zavezuje, da se v delu za likvidacijo po datumu sprejetja končne odobritve ne bodo sklepali novi posli.
In this case, the exposure has effectively migrated from the corporate segment to the retail segment.
Podaljšanja za obstoječe stranke bodo še naprej dovoljena tudi v delu za likvidacijo, če obstaja realna in uresničljiva ter z dokazi podprta možnost, da bo podaljšanje izboljšalo prihodnjo uporabnost ali prihodnjo uporabo financiranja.
The maximum permissible LTV is […] %, and
Tudi na koncu obdobja prestrukturiranja je treba vse likvidirane dejavnosti čim prej zaključiti.
The maximum annual volume of new business is limited to […] % of the annual volume of new retail mortgage business within each country.
Naslednje dejavnosti bodo še naprej dovoljene:
Increases in the total exposure of retail loans due to interest, fees or other forms of debt capitalisation (mostly in the context of non-performing loans or restructurings) are not considered to be new business.
transakcije, ki so potrebne v okviru upravljanja likvidnosti v delu za likvidacijo, tj. transakcije centralne banke,
Debt consolidation for retail clients (within HGAA booking entities or groups of accounts) is considered to be part of restructuring if the related exposure is limited to EUR […] (EUR […] in Croatia, if accepted by the Monitoring Trustee, see 4.2.1.3).
upravljanje kritnega premoženja dela za likvidacijo, kjer se ne bodo sklepali novi premoženjski posli, razen kot določa pravilo v četrti alineji,
If the exposure is larger, the maturity limitations for corporate clients will apply.
transakcije z izvedenimi finančnimi instrumenti, potrebne za upravljanje obrestnega, deviznega in kreditnega tveganja v obstoječem portfelju, npr. zamenjave sredstev, če bodo zmanjšale splošno stanje tržnega tveganja HGAA,
However, if the new consolidated loan is granted in the form of a retail loan, and the exposure is (substantially) higher than the sum of exposures of the consolidated loans, the difference in exposure is deemed to be new business, in accordance with 4.2.3(ii) and (iii).
transakcije, potrebne zaradi regulativnih ali drugih razlogov, vključno s pridobivanjem, lastništvom in prodajo vrednostnih papirjev, odobrenih za upravljanje kritnega premoženja in likvidnosti HGAA,
Until the reporting capabilities are in place, however, 4.2.3.1(i) applies.
posli, ki jih subjekt, ki bo likvidiran, opravlja za svoje lastno refinanciranje, vključno z novimi izdajami in odkupom dolga,
‘Loan top-ups’ on retail loans are not to be considered new business, if the option to top up was explicitly granted in the original loan agreement, could not be cancelled by HGAA and was subject only to the client meeting certain loan covenants, although without the client having to go through a standard loan appraisal.
nakup premičnih in nepremičnih sredstev v okviru dražb pod nadzorom sodišča in izvensodnih dražb ter zasebni prenosi za prevzem lastništva vrednostnih papirjev,
In the case of other forms of top-ups on retail loans, the difference between the old loan amount and the new loan amount is considered to be new business in accordance with 4.2.3(ii) and (iii).
izpolnjevanje obstoječih pogodb in obveznosti (npr. nepremičnine v gradnji, aktivacija dogovorjenih zakupov, spremembe finančnih zakupov v poslovne zakupe in obratno),
Until the reporting capabilities are in place, however, 4.2.3.1(i) applies.
ponovni zakup sredstev (kratkoročni in srednjeročni), če sredstev ni mogoče prodati v kratkem času in ohraniti vrednost, s ciljem zmanjšati ali preprečiti stroške (vzdrževanje itd.).
‘Currency switches’, i.e. a retail client switching from a foreign-currency denominated loan (or foreign-currency indexed loan) to a local-currency denominated loan, without a substantial increase in exposure (up to EUR […]), are not considered new business.
Poleg tega so še naprej dovoljene transakcije z družbami v skupini HGAA (če je njihov namen podaljšanje kreditnih linij za refinanciranje) in transakcije s kupci sredstev skupine HGAA (deležev, portfeljev itd.), ki so opravljene v zvezi s ponovno privatizacijo in so potrebne za uspešno prodajo zadevnih subjektov ali sredstev (npr. financiranje prodajalca, podaljšanje odobrenih zavarovanj, kot so jamstva, v korist kupca s strani HGAA itd.).