natgillin/translations-raw huggingface dataset:
The JV will not market financing to customers holding sensitive loans or in litigation or default in respect of outstanding loans on DMA’s balance sheet.
Skupno podjetje ne bo tržilo financiranja za stranke, ki imajo občutljiva posojila ali ki so udeležene v sodnem postopku ali ne izpolnjujejo obveznosti glede neodplačanih posojil v bilanci stanja družbe DMA.
DMA will refinance the loans granted by the JV and will refinance existing outstanding amounts.
Družba DMA bo refinancirala posojila, ki jih je odobrilo skupno podjetje, in obstoječe neporavnane zneske.
From the date on which the disposal of DMA is implemented, DMA’s balance sheet will be subject to special management in connection first with the sensitive loans whose global volume is estimated at EUR 9,4 billion and second with the run-off management of loans falling outside the activities of the development bank defined in recital 222 of these commitments, whose global volume was estimated at EUR [20-40] billion on 30 September 2012.
Za bilanco stanja družbe DMA se bo od datuma izvedbe prodaje te družbe uporabljajo posebno upravljanje najprej v povezavi z občutljivimi posojili, katerih skupni obseg je ocenjen na 9,4 milijarde EUR, nato pa z upravljanjem likvidacijske mase posojil, ki ne spadajo med dejavnosti razvojne banke, kar je opredeljeno v uvodni izjavi 222 teh zavez, katerih skupni obseg je bil 30. septembra 2012 ocenjen na [20–40] milijard EUR.
Provision of liquidity for the NEC and DMA
Zagotavljanje likvidnih sredstev novi kreditni instituciji in družbi DMA
The French State, the CDC and La Banque Postale undertake to provide the necessary liquidity for the NEC and DMA.
Francija, hranilnica in posojilnica CDC ter banka LBP se zavezujejo, da bodo novi kreditni instituciji in družbi DMA zagotovile potrebna likvidna sredstva.
This liquidity will be provided under the conditions set out in the approved memorandum notified to the Commission on 8 October 2012 and annexed hereto (Annex IV(a) to this Decision).
Ta likvidna sredstva se bodo zagotovila pod pogoji iz odobrenega memoranduma, ki je bil Komisiji priglašen 8. oktobra 2012 in je temu sklepu priložen (Priloga IV(a) k temu sklepu).
In the case of the CDC, these contributions will be capped at EUR 12,5 billion.
Ti prispevki se bodo v primeru hranilnice in posojilnice CDC omejili na 12,5 milijarde EUR.
Dexia SA and DCL will cease to provide any liquidity to DMA and the NEC as soon as DMA’s disposal is finalised.
Kakor hitro bo prodaja družbe DMA zaključena, družbi Dexia SA in DCL ne bosta več zagotavljali nobenih likvidnih sredstev novi kreditni instituciji in družbi DMA.
Capital level of the NEC and DMA
Stopnja kapitala nove kreditne institucije in družbe DMA
The French State, the CDC and La Banque Postale undertake to maintain the level of capital needed to cover any losses that may take place in respect of DMA’s existing portfolio.
Francija, hranilnica in posojilnica CDC ter banka LBP se zavezujejo, da bodo ohranjale stopnjo kapitala, ki je potrebna za kritje kakršnih koli izgub, ki lahko nastanejo glede sedanjega portfelja družbe DMA.
Any increase of DMA’s capital must be notified to the Commission in compliance with the rules on the implementation of Articles 107 and 108 of the Treaty.
Komisiji je treba v skladu s pravili o izvajanju členov 107 in 108 PDEU priglasiti vsako povečanje kapitala družbe DMA.
Monitoring and implementation trustee
Skrbnik za spremljanje in uresničevanje zavez
A trustee responsible for monitoring the commitments will act for and on behalf of the Commission and may for that purpose put any question to the French State, the CDC, La Banque Postale, DMA, the NEC or the JV and obtain any document from them.
Skrbnik, odgovoren za spremljanje zavez, bo deloval v imenu in za račun Komisije, zato lahko Franciji, hranilnici in posojilnici CDC, banki LBP, družbi DMA, novi kreditni instituciji in skupnemu podjetju zastavi kakršno koli vprašanje ter od njih dobi kakršne koli dokumente.
He will be appointed as follows:
Imenovan bo tako:
the State will submit a list of one to three persons, selected by agreement with the CDC and La Banque Postale, for appointment as monitoring trustee(s) responsible for verifying the application of the commitments listed in this Section 2.3.2 (authentic text in Annex III), at the latest one month after the Commission’s final decision, for prior approval by the Commission;
država bo najpozneje en mesec po sprejetju končnega sklepa Komisije v predhodno odobritev Komisiji predložila seznam z enim do tremi kandidati, ki jih je izbrala v soglasju s hranilnico in posojilnico CDC ter banko LBP, za imenovanje na položaj skrbnika za spremljanje uporabe zavez iz oddelka 2.3.2 (verodostojno besedilo je v Prilogi III),
the monitoring trustee must possess the required competences and must not be subject to a conflict of interest during his or term of office;
skrbnik za spremljanje mora biti ustrezno usposobljen, med izvajanjem njegovega mandata pa ne sme prihajati do navzkrižja interesov,
the Commission may either approve or reject the proposed candidate(s).
Komisija lahko predlaganega kandidata odobri ali zavrne.
If the Commission rejects the proposed candidate(s), the State will propose, within one month of notification of the rejection, from one to three new candidates who must also be approved or rejected by the Commission;
Če Komisija zavrne predlaganega kandidata, bo država najpozneje en mesec po obvestilu o zavrnitvi predlagala enega do tri nove kandidate, ki jih mora prav tako odobriti ali zavrniti Komisija,
if all the candidates are ultimately rejected by the Commission, it will appoint a monitoring trustee;
če Komisija na koncu zavrne vse predlagane kandidate, bo sama imenovala skrbnika za spremljanje,
the costs of the services of the monitoring trustee will be borne by the NEC and the JV.
nova kreditna institucija in skupno podjetje bosta krila stroške storitev skrbnika za spremljanje.
The remit of the monitoring trustee will be as defined below:
V nadaljevanju besedila so opredeljene pristojnosti skrbnika za spremljanje, in sicer:
his term of office will last two years from the final decision, and may be renewed if the Commission deems it necessary;
njegov mandat bo trajal dve leti od končnega sklepa in se bo lahko tudi podaljšal, če se bo Komisiji zdelo to potrebno,
during the term of office of the monitoring trustee, the Commission will have permanent unrestricted access to the information needed to implement its decision.
Komisija bo imela med mandatom skrbnika za spremljanje stalen, neomejen dostop do informacij, potrebnih za izvajanje svojega sklepa.
It may directly contact the NEC, the JV, the French State, the CDC or La Banque Postale to obtain explanations and clarifications.
Za kakršne koli obrazložitve ali pojasnila lahko stopi v neposreden stik z novo kreditno institucijo, skupnim podjetjem, Francijo, hranilnico in posojilnico CDC ter banko LBP.
The NEC, the JV, the French State, the CDC and La Banque Postale will cooperate fully with any verifications that the Commission or, where appropriate, the monitoring trustee may request;
Nova kreditna institucija, skupno podjetje, Francija, hranilnica in posojilnica CDC ter banka LBP bodo v celoti sodelovali pri kakršnih koli preverjanjih, ki jih lahko zahteva Komisija ali, kadar je to potrebno, skrbnik za spremljanje,
as regards compliance with the commitment in recital 224 above, the State will inform the monitoring trustee every six months of the information available to the Banque de France on the terms and conditions offered by the main commercial banks for the financing of French local authorities and French public health establishments.
kar zadeva izpolnjevanje zaveze iz uvodne izjave 224, bo država skrbniku za spremljanje vsakih šest mesecev zagotovila informacije, ki so na voljo banki BdF, o pogojih, ki jih pri financiranju francoskih lokalnih skupnosti in francoskih ustanov javnega zdravstva ponujajo glavne komercialne banke.
The monitoring trustee may check that, in respect of a sample of loans granted by the JV, it has not offered financing terms and conditions that are much lower on average than those offered by all the other commercial banks.
Skrbnik za spremljanje lahko glede vzorca posojil, ki jih je odobrilo skupno podjetje, preveri, ali teh posojil ni ponujalo pod finančnimi pogoji, ki so v povprečju mnogo nižji od pogojev, ki jih ponujajo druge komercialne banke.
It if were to prove that the financing terms and conditions offered by the JV were, in a given six-monthly period, much lower than those offered by all the other commercial banks, the JV will amend its financing conditions in the following six months in order to comply with the commitment in recital 224 above;
Če bi dokazal, da so bili pogoji financiranja, ki jih je v zadevnem šestmesečnem obdobju ponujalo skupno podjetje, mnogo nižji od pogojev, ki so jih ponujale preostale komercialne banke, bo skupno podjetje v naslednjih šestih mesecih spremenilo svoje pogoje financiranja, da bo izpolnilo zavezo iz uvodne izjave 224,
the monitoring trustee will provide the Commission with a yearly report on the implementation of the above commitments.
skrbnik za spremljanje bo Komisiji poslal letno poročilo o uresničevanju navedenih zavez.
For the whole period of authorisation of the development bank activities as set out in these commitments, the State will provide the Commission with any information that it may require in order to monitor compliance with these commitments.
Država bo v celotnem obdobju dovoljenja za dejavnosti razvojne banke, kakor so določene v teh zavezah, Komisiji zagotavljala vse informacije, ki bi jih morda potrebovala za spremljanje izpolnjevanja teh zavez.
At the end of the term of office of the monitoring trustee, the State will also submit to the Commission a final annual report on compliance with these commitments.
Država bo ob koncu mandata skrbnika za spremljanje Komisiji tudi predložila končno letno poročilo o izpolnjevanju teh zavez.
DESCRIPTION OF THE OPERATION TO SELL DBB/BELFIUS TO THE BELGIAN STATE AND OF THE DBB/BELFIUS RESTRUCTURING PLAN
OPIS TRANSAKCIJE PRODAJE BANKE DBB/BELFIUS BELGIJI IN NAČRT PRESTRUKTURIRANJA BANKE DBB/BELFIUS
The DBB/Belfius sale operation
Transakcija prodaje banke DBB/Belfius
This offer was accepted by the Board of Directors of Dexia SA on 10 October 2011.
To ponudbo je 10. oktobra 2011 sprejel upravni odbor družbe Dexia SA.
The proportion of the capital gains payable to Dexia SA would then be progressively reduced by 6,25 % per six-month period.
Delež kapitalskega dobička, ki bi ga bilo treba izplačati družbi Dexia SA, bi se nato vsakih šest mesecev postopoma zmanjševal za 6,25 %.
According to the notification of the DBB/Belfius purchase operation, it was also planned to reduce as far as possible the intragroup financing from DBB/Belfius to DCL, which was EUR 53 billion at that time, including EUR 33 billion which was not securitised [59].
V skladu s priglasitvijo transakcije nakupa banke DBB/Belfius je bilo tudi načrtovano, da naj bi se čim bolj zmanjšalo financiranje znotraj skupine, ki ga banka DBB/Belfius namenja banki DCL in je tedaj znašalo 53 milijard EUR, vključno s 33 milijardami EUR, ki niso bile listinjene [59].
Consequently, prior to the signature of the Dexia and DCL temporary refinancing guarantee agreement, agreement had to be reached on a timetable for a gradual reduction of the financing supplied by DBB/Belfius to the Dexia Group.
Posledično se je bilo treba pred podpisom pogodbe o začasnem jamstvu za refinanciranje med skupino Dexia in banko DCL dogovoriti o časovnem razporedu za postopno zmanjšanje financiranja, ki ga banka DBB/Belfius namenja skupini Dexia.
As soon as the temporary guarantee was in place, DCL and Dexia would issue instruments guaranteed by the Member States concerned, part of which would be used to reimburse the intragroup financing supplied by DBB/Belfius to DCL and its subsidiaries [60].
Kakor hitro bi se vzpostavilo začasno jamstvo, bi skupina Dexia in banka DCL izdali instrumente, za katere bi jamčile zadevne države članice, del teh instrumentov pa bi se uporabil kot povračilo za notranje financiranje, ki ga banka DBB/Belfius namenja banki DCL in svojim odvisnim družbam [60].
According to a letter dated 16 December 2011, DBB/Belfius undertook to underwrite bonds guaranteed by the Member States concerned and issued by DCL as part of the temporary guarantee for a value equivalent in European Central Bank eligible collateral to EUR 12 billion, while DCL undertook to use these funds to reimburse the non-securitised financing of DBB/Belfius for a nominal amount of EUR 12 billion.
Banka DBB/Belfius se je glede na dopis z dne 16. decembra 2011 zavezala, da bo vpisala obveznice, za katere jamčijo zadevne države članice in ki jih je banka DCL izdala v okviru začasnega jamstva v vrednosti, ki ustreza primernemu zavarovanju Evropske centralne banke in znaša 12 milijard EUR, banka DCL pa se je zavezala, da bo s temi sredstvi povrnila nelistinjeno financiranje banke DBB/Belfius v nominalnem znesku 12 milijard EUR.
Lastly, the Belgian State undertook to immunise Dexia against any risk of losses in respect of debts outstanding from Arco, Ethias and Holding Communal (shareholders of Dexia SA), in relation in particular to 1) a holding or any other form of interest by those shareholders in the capital or results of DBB/Belfius; or 2) any restructuring, rescaling or writing off of debt by DBB/Belfius in relation to the loans granted by DBB/Belfius or its subsidiaries to one or more of those shareholders; or 3) the consequences of any competitive situation involving the entities of the Arco Group, Holding Communal or Ethias.
Belgija se je nazadnje zavezala, da bo zagotovila zaščito skupini Dexia pred kakršnim koli tveganjem izgub v zvezi z neporavnanimi dolgovi družb Arco, Ethias in Holding Communal (delničarke družbe Dexia SA), zlasti glede 1) deleža ali kakršne koli druge oblike obresti, ki bi jo imele navedene delničarke od kapitala ali prihodkov banke DBB/Belfius, ali 2) kakršnega koli prestrukturiranja, prevrednotenja ali odpisa dolga, ki bi ga izvedla banka DBB/Belfius v zvezi s posojili, ki jih je odobrila ta banka ali njene odvisne družbe eni ali več od navedenih delničark, ali 3) posledic kakršnega koli konkurenčnega položaja, v katerega bi bili vključeni subjekti Arco, Ethias in Holding Communal.
The Belgian authorities also forwarded an evaluation of the value of DBB/Belfius drawn up by an independent expert who, on the basis of the accounts of DBB/Belfius as at 30 June 2011, estimated its value to be between EUR 3,4 and 4,2 billion using the price/earnings multiple method and the price/total book value multiple method and between EUR 2,8 and 7,2 billion using the Gordon Growth method.
Belgijski organi so tudi poslali oceno vrednosti banke DBB/Belfius, ki jo je na podlagi računovodskih izkazov te banke z dne 30. junija 2011 izdelal neodvisni strokovnjak, ki je njeno vrednost z uporabo metode mnogokratnika cene glede na zaslužke in metode mnogokratnika cene glede na skupno knjigovodsko vrednost ocenil med 3,4 in 4,2 milijarde EUR, z uporabo metode Gordonovega modela rasti pa med 2,8 in 7,2 milijarde EUR.
The DBB/Belfius restructuring plan
Načrt prestrukturiranja banke DBB/Belfius
On 17 April 2012, the Belgian authorities notified information on the DBB/Belfius business model to the Commission.
Belgijski organi so Komisijo 17. aprila 2012 uradno obvestili o poslovnem modelu banke DBB/Belfius.
a business plan for the DBB/Belfius Group and projections of certain balance sheet and profit and loss account data to 2016;
poslovni načrt za skupino DBB/Belfius in projekcije določene bilance stanja ter podatki o izkazu poslovnega izida do leta 2016;
the volumes and margins of outstanding debt and new production by main lines of activity (PWB, RCB and insurance); and
obseg in kritje neporavnanega dolga in novih produktov v glavnih dejavnostih (bančni posli za javnost in podjetja, poslovanje s prebivalstvom in komercialno bančništvo ter zavarovanja);
the volumes and average costs of financing of the Group.
obseg in povprečni stroški financiranja te skupine.
The following table summarises the projections of results, profitability and solvency of DBB/Belfius in a baseline scenario for each year from 2012 to 2016.
V spodnji razpredelnici so povzete projekcije rezultatov, donosnosti in plačilne sposobnosti banke DBB/Belfius po osnovnem scenariju za posamezno leto v obdobju 2012–2016.
Baseline scenario for DBB/Belfius — projections of results, profitability and solvency
Osnovni scenarij za banko DBB/Belfius – projekcije rezultatov, donosnosti in plačilne sposobnosti
EUR million
V mio. EUR
Net results after taxation
Čisti poslovni izid po obdavčitvi
Of which: banking
Od tega: bančništvo
Of which: insurance
Od tega: zavarovanje
Of which: exceptional
Od tega: izjemni
Cost/earnings ratio for banking activities
Razmerje med stroški in dobički za bančniške dejavnosti
Return on equity
Donos iz lastniških instrumentov
Core Tier1 Basel III ratio
Razmerje temeljnega kapitala po sporazumu Basel III
General background
Splošno ozadje
DBB/Belfius operates chiefly in the Belgian market for financial services for the public and semi-public sector (‘Public and Wholesale Banking’ or ‘PWB’), financial services for individuals (‘Retail and Commercial Banking’ or ‘RCB’) and insurance.
Banka DBB/Belfius v glavnem posluje na belgijskem trgu finančnih storitev za javni in poljavni sektor (v nadaljnjem besedilu: bančni posli za javnost in podjetja), finančnih storitev za posameznike (v nadaljnjem besedilu: poslovanje s prebivalstvom in komercialno bančništvo) ter zavarovanj.
DBB/Belfius has a market share [62] in Belgium of [10-15] % of PWB loans, 13 % of RCB deposits, 15 % of RCB mortgage loans, 9,5 % of life insurance and 5 % of non-life insurance.
Tržni delež banke DBB/Belfius [62] v Belgiji obsega [10–15] % posojil pri bančnih poslih za javnost in podjetja, 13 % vlog pri poslovanju s prebivalstvom in komercialnem bančništvu, 15 % hipotekarnih kreditov pri poslovanju s prebivalstvom in komercialnem bančništvu, 9,5 % pri življenjskih zavarovanjih in 5 % pri neživljenjskih zavarovanjih.
DBB/Belfius has approximately 3,8 million customers.
Banka DBB/Belfius ima okrog 3,8 milijona strank.
Under the restructuring plan for DBB/Belfius, it is planned to refocus the bank on its key PWB, RCB and insurance service markets by maintaining its ranking as the third most important player in banking and insurance in Belgium.
V skladu z načrtom prestrukturiranja banke DBB/Belfius naj bi se banka preusmerila na svoje bistvene storitve, ki so bančni posli za javnost in podjetja, poslovanje s prebivalstvom in komercialno bančništvo ter zavarovanje, pri čemer bi bila še naprej tretji najpomembnejši udeleženec na področju bančništva in zavarovanja v Belgiji.
No international development is planned.
V načrtu ni nobenega mednarodnega razvoja.
Over the restructuring period from 2012 to 2016, the DBB/Belfius Group estimates that it can generate non-distributed profits of EUR [0,5-3] billion [63] which will step up its regulatory capital.
Skupina DBB/Belfius ocenjuje, da lahko v obdobju prestrukturiranja med leti 2012 in 2016 ustvari [0,5–3] milijard EUR [63] nerazdeljenega dobička, s katerim se bo povečal njen regulatorni kapital.
These profits will be distributed […] between the PWB, RCB and insurance business lines.
Ta dobiček se bo porazdelil […] med poslovna področja bančnih poslov za javnost in podjetja, poslovanja s prebivalstvom in komercialnega bančništva ter zavarovanja.
Under the restructuring plan, a major deleveraging and de-risking of the Group’s assets is planned.
Po načrtu prestrukturiranja je predvideno večje zmanjšanje finančnega vzvoda in tveganj za sredstva skupine DBB/Belfius.
Non-securitised exposure to Dexia has been cut to a level close to zero since March 2012.
Nelistinjena izpostavljenost do skupine Dexia se je od marca 2012 zmanjšala skoraj na nič.
EUR [200-500] million of the (banking and insurance) budget have been allocated to the de-risking of portfolios.
Za zmanjševanje tveganj portfelja je bilo dodeljenih [200–500] milijonov EUR proračuna (za bančništvo in zavarovanje).
The cost/earnings ratio should reach a level of 69 % (banking) as a result of major productivity gains and ongoing cost control.
Zaradi znatnejšega povečanja produktivnosti in tekočega nadzora stroškov bi moralo razmerje med stroški in dobički doseči 69 % (bančništvo).
The main savings are to be achieved by renegotiating service contracts with external suppliers, improving branch productivity and adjusting personnel costs.
Največji prihranki naj bi se dosegli s spremenjenimi pogoji v pogodbah o storitvah z zunanjimi izvajalci, izboljšanjem produktivnosti podružnic in prilagoditvijo stroškov zaposlenih.
The aim of the restructuring plan is to preserve the current market share of DBB/Belfius in its key markets.
Namen načrta prestrukturiranje je, da bi se ohranil sedanji tržni delež banke DBB/Belfius na njenih ključnih trgih.
The PWB segment
Segment bančnih poslov za javnost in podjetja
Between 2012 and 2016, the Group is planning, as regards the PWB segment, to maintain its market share (7,4 % in 2011) of deposits, with an annual growth in line with market growth (3-4 %).
Skupina DBB/Belfius namerava v obdobju 2012– 2016 pri segmentu bančnih poslov za javnost in podjetja ohraniti svoj tržni delež vlog (7,4 % v letu 2011), pri čemer bi bila letna rast skladna z rastjo trga (3–4) %.
The Group’s outstanding loans should not increase as new loans will offset those reaching maturity.
Neodplačana posojila skupine se ne bi smela povečati, saj se bodo z novimi posojili odpisali dolgovi, ki zapadejo.
For that reason, because of the long term of investment loans, the average margin on outstanding debt should only increase more slowly, reaching [0-50] basis points in 2016.
Zaradi dolgoročnih investicijskih posojil bi se morala povprečna marža za neporavnani dolg počasneje povečevati in bi leta 2016 dosegla [0–50] bazičnih točk.
The RCB segment
Segment poslovanja s prebivalstvom in komercialnega bančništva
The annual growth of current deposits with no fixed maturity (current accounts and saving accounts) should be some [0-5] %, which is in line with annual market growth.
Letna rast tekočih vlog brez fiksne zapadlosti (tekoči in varčevalni računi) bi morala biti [0–5]-odstotna, kar je skladno z letno tržno rastjo.
Outstanding loans should total EUR [25-50] billion in 2016 as against EUR [5-15] billion at the end of 2011, i.e. an increase of some 10 %.
Skupni znesek neodplačanih posojil bi moral v letu 2016 znašati [25–50] milijard EUR, kar je približno 10 % več kot [5-15] milijard EUR ob koncu leta 2011.
The stress will be placed on customer satisfaction and its regular measurement should help to change individual perceptions.
Poudarek bo namenjen zadovoljstvu strank in redno merjenje tega zadovoljstva, bi moralo prispevati k spremembi dojemanja posameznikov.
DBB/Belfius will endeavour to keep its operating costs (for all banking activities) at a level below EUR [1300-1450] million in 2013 and EUR [1250-1400] million in 2014.
Banka DBB/Belfius si bo prizadevala, da njeni operativni stroški (za vse bančne dejavnosti) v letu 2013 ne bodo presegli [1300–1450] milijonov EUR, v letu 2014 pa [1250–1400] milijonov EUR.
The insurance segment
Segment zavarovanj
In the insurance segment DBB/Belfius is to focus on the Belgian market and to retain its market share of 9,5 % of life insurance and 5 % of non-life insurance.
Segment zavarovanj banke DBB/Belfius naj bi se osredotočil na belgijski trg in naj bi ohranil svoj 9,5-odstotni tržni delež pri življenjskih zavarovanjih in 5-odstotni pri neživljenjskih zavarovanjih.
The life insurance segment accounts for 80 % of the insurance segment and EUR 2,1 billion of life insurance premiums were collected in 2011 in comparison with EUR 509 million in the non-life segment.
Segment življenjskih zavarovanjih obsega 80 % segmenta zavarovanj, leta 2011 je bilo zbranih za 2,1 milijarde EUR premij življenjskega zavarovanja v primerjavi s 509 milijoni EUR v segmentu neživljenjskih zavarovanj.
The bank will continue to be a leading collector of insurance premiums.
Banka bo še naprej vodilna pri zavarovalnih premijah.