natgillin/translations-raw huggingface dataset:
DESCRIPTION
HGAA je mednarodno dejavna finančna skupina s sedežem v Celovcu na Avstrijskem Koroškem, od koder nadzoruje in usmerja svoje bančne dejavnosti in dejavnosti lizinga, vključno z delom za likvidacijo, prek Hypo Alpe Adria Bank-International (v nadaljnjem besedilu: HBInt).
THE BENEFICIARY
HBInt opravlja osrednje funkcije skupine, vključno z nadzorovanjem skupine, skupinskim računovodstvom, splošnim obvladovanjem tveganj, pravnimi zadevami in skladnostjo, upravljanjem likvidnosti, izdajanjem vrednostnih papirjev ter refinanciranjem hčerinskih družb HGAA.
HGAA is an internationally active finance group with headquarters in Klagenfurt, Carinthia, from where its banking and leasing activities including the wind-down part are controlled and steered via Hypo Alpe Adria Bank-International (‘HBInt’).
Konec leta 2012 je skupna bilanca stanja HGAA znašala 33,8 milijarde EUR, njena tveganju prilagojena aktiva pa približno 21 milijard EUR.
HBInt carries out central group functions including group controlling, group accounting, overall risk management, legal matters and compliance, liquidity management, security issuance and refinancing of HGAA’s subsidiaries.
HGAA je v popolni lasti Republike Avstrije [13].
At the end of 2012, HGAA had an overall balance sheet total of EUR 33,8 billion and risk weighted assets (‘RWA’) of about EUR 21 billion.
HGAA je bila 31. decembra 2008 prek svojih bančnih in/ali lizing hčerinskih družb prisotna v dvanajstih državah, in sicer v Avstriji, Sloveniji, Italiji, Nemčiji, na Madžarskem, v Bolgariji, na Hrvaškem, v Srbiji, Bosni in Hercegovini, Črni gori, Ukrajini ter Nekdanji jugoslovanski republiki Makedoniji (v nadaljnjem besedilu: NJRM).
HGAA is 100 % owned by the Republic of Austria [13].
Trenutno ima HGAA v Avstriji hčerinsko družbo HBA.
As of 31 December 2008 HGAA was present via banking and/or leasing subsidiaries in twelve countries, namely in Austria, Slovenia, Italy, Germany, Hungary, Bulgaria, Croatia, Serbia, Bosnia and Herzegovina, Montenegro, Ukraine and in the former Yugoslav Republic of Macedonia (‘FYROM’).
Dejavna je tudi v Sloveniji (prek hčerinske družbe HBS in lizing družbe HLS), na Hrvaškem (prek HBC in integrirane lizing družbe HAALC), v Bosni in Hercegovini (prek dveh bančnih subjektov HBFBiH in v Republiki srbski HBRS, ki vključuje lizing družbo HLRS), v Srbiji (prek HBSE) ter Črni gori (prek HBM) (v nadaljnjem besedilu: države jugovzhodne Evrope).
Currently, HGAA is active in Austria with HBA.
Začet je bil postopek likvidacije za veliko industrijskih deležev banke in finančnih hčerinskih družb.
A wind-down process has been launched for many of the bank’s industrial stakes and financial subsidiaries.
V naslednjih uvodnih izjavah so našteti subjekti, ki so še dejavni.
The Italian HBI stopped new business by 1 July 2013.
Avstrijska hčerinska družba HBA je dejavna v segmentih poslovanja s prebivalstvom, podjetji in ustanovami.
Other subsidiaries in wind-down are the Croatian leasing company (HLC) and a Croatian wind-down unit derived from transferred banking assets (H-ABDUCO), the Austrian leasing company (HLA), the German leasing company (HLG), in Montenegro the leasing company (HLM) and a wind-down unit derived from transferred banking assets (HDM), leasing in Hungary (HLHU), leasing in Bulgaria (HLBG), leasing in FYROM (HLMK), leasing in Ukraine (HLUA), in Bosnia and Herzegovina the leasing company HETA BiH as well as a wind-down unit derived from transferred banking assets (BORA), HLSE and HRSE leasing in Serbia, and in Slovenia TCK and TCV which are two entities derived from transferred banking and leasing activities and HLI leasing in Italy [14].
Ponuja vse klasične storitve univerzalne banke.
The Alpe Adria Privatbank in Lichtenstein has already been liquidated.
HBA, ki je regionalno osredotočena na Koroško in ima podružnice na Dunaju in v Salzburgu, ima v Avstriji tržni delež skoraj […] [15] %, če se meri v sredstvih, in […] % v vlogah.
The following recitals provide an overview of the entities which are still active.
V Sloveniji je skupina prisotna z banko HBS (tržni delež približno […] % v sredstvih in […] % v vlogah).
The Austrian subsidiary HBA is present in the segment retail, corporate and institutional.
Lizing družba HLS pa se osredotoča na dejavnosti zakupa premičnih sredstev in izbranih nepremičnin.
It offers all classical services of a universal bank.
Hrvaška HBC je univerzalna banka (tržni delež približno […] % v sredstvih in […] % v vlogah).
HBA which has a regional focus on Carinthia with branches in Vienna and Salzburg has a national market share of below […] [15] % when measured in assets and of […] % in deposits.
HAALC opravlja dejavnosti lizinga in ima tržni delež približno […] % v novih finančnih sredstvih.
In Slovenia the group is present with the bank HBS (market share of about […] % in assets and […] % in deposits).
V Bosni in Hercegovini delujeta dve banki, in sicer HBRS v Republiki srbski (tržni delež približno […] % v sredstvih in […] % v vlogah) ter HBFBiH v Federaciji Bosne in Hercegovine (s tržnim deležem […] % v sredstvih).
As for the leasing company, HLS, it focuses on mobile and selected immobile leasing activities.
Lizing družba HLRS, ki je v lasti HBRS, ima tržni delež približno […] % v novih finančnih sredstvih.
The Croatian HBC is a universal bank (market share of around […] % in assets, […] % in deposits).
HBM v Črni gori ima tržni delež […] % v sredstvih.
HAALC is active in leasing and has a market share of around […] % in new financing volume.
Posli lizinga banke imajo tržni delež […] %.
Two different banks are active in Bosnia and Herzegovina, HBRS in Republika Srpska (market share around […] % in assets and […] % in deposits) and HBFBiH in the Federation of Bosnia and Herzegovina (having a market share of […] % in assets).
Srbska HBSE se osredotoča na zasebni in poslovni segment (tržni delež približno […] % v sredstvih in […] % v vlogah).
The leasing company HLRS, owned by HBRS, has a market share of around […] % on new finance volume.
UKREPI POMOČI
HBM in Montenegro has a market share of […] % in assets.
December 2008 – ukrepi BayernLB in ukrepi države v okviru avstrijskega programa pomoči bančnemu sektorju
The leasing business generated out of the bank has a market share of […] %.
Leta 2008 je HGAA prejela pomoč od svojih takratnih delničarjev BayernLB in Republike Avstrije.
The Serbian HBSE focuses on the private and business segments (market share about […] % in assets and […] % in deposits).
Decembra 2008 je HGAA prejela 700 milijonov EUR od svojega takratnega večinskega delničarja BayernLB, ki je v istem mesecu sam prejel državno pomoč od Svobodne dežele Bavarske.
THE AID MEASURES
HGAA je 29. decembra 2008 od Republike Avstrije prejela 900 milijonov EUR za povečanje svojega temeljnega kapitala (Partizipationskapital) prvega reda in likvidnostno jamstvo v znesku 1,35 milijarde EUR za izdajanje obveznic, oboje na podlagi programa pomoči bančnemu sektorju.
December 2008 – Measures by BayernLB and State measures under the Austrian bank support package
December 2009 – dokapitalizacija s strani države in državna jamstva
In 2008 HGAA received support by its shareholders at the time, BayernLB and the Republic of Austria.
Ko je bila HGAA nacionalizirana, je prejela naslednje ukrepe pomoči:
In December 2008, HGAA received EUR 700 million from its then majority shareholder, BayernLB, which itself had received State aid in the same month from the Free State of Bavaria.
začasno jamstvo za sredstva v znesku 100 milijonov EUR, ki ga je dodelila Avstrija pod pogoji za banke v težavah v okviru programa pomoči bančnemu sektorju,
On 29 December 2008, HGAA received EUR 900 million in Tier-1 Partizipationskapital from the Republic of Austria and liquidity guarantees of EUR 1,35 billion for bond issues, both on the basis of the bank support scheme.
dokapitalizacijo s strani Avstrije pod pogoji za banke v težavah v okviru programa pomoči bančnemu sektorju, in sicer v znesku 450 milijonov EUR.
December 2009 – State recapitalisation and guarantees
Januar 2011 – jamstvo za sredstva
When HGAA was nationalised it received the following aid measures:
Zaradi dodatne potrebe po odpisih je Avstrija skupini HGAA odobrila jamstvo za sredstva v znesku 200 milijonov EUR za obdobje od 31. decembra 2010 do 30. junija 2013.
a temporary asset guarantee of EUR 100 million by Austria under the conditions for distressed banks under the bank support scheme,
December 2012 – dokapitalizacija s strani države in državno jamstvo
a recapitalisation by Austria under the conditions for distressed banks under the bank support scheme in an amount of EUR 450 million,
sredstva za dokapitalizacijo v višini 500 milijonov EUR v obliki delnic in
Following an additional need for write-downs, Austria granted HGAA an asset guarantee amounting to EUR 200 million from 31 December 2010 until 30 June 2013.
Banka in doslej odobreni ukrepi pomoči so podrobno opisani v uvodnih izjavah od (17) do (19) sklepa o začetku postopka, uvodnih izjavah od (13) do (15) in (27) do (40) sklepa o reševanju iz decembra 2009, uvodnih izjavah od (15) do (19) sklepa o reševanju iz julija 2011 ter uvodnih izjavah od (10) do (12) sklepa o reševanju iz decembra 2012.
December 2012 – State recapitalisation and guarantee
DODATNI UKREPI POMOČI, KI ŠE NISO BILI DODELJENI
Following a decision by the Austrian supervisory authority, HGAA had to comply with an increased capital ratio of 12,04 % by 31 December 2012.
Načrt prestrukturiranja za obdobje 2013–2017 predvideva dodatne potrebe po kapitalu za likvidacijo enote v višini približno 2,6 milijarde EUR v osnovnem primeru, 4,7 milijarde EUR v pesimističnem primeru in 5,4 milijarde EUR v najslabšem primeru.
To that end, HGAA received from the Austrian authorities
Avstrija je Komisijo iz preventivnih razlogov prosila za odobritev ukrepov državne pomoči, ki bi bili lahko potrebni za zadovoljitev potreb po dodatnem kapitalu ali likvidnih sredstvih, da bi se lahko izpolnile vse zakonske zahteve ali pokrile izgube.
a capital increase of EUR 500 million in the form of shares and
Morebitna dodelitev kapitala bo omejena na znesek, potreben za izpolnitev minimalnih regulativnih kapitalskih zahtev, ki jih mora potrditi pristojni nadzorni organ.
THE ADDITIONAL AID MEASURES NOT YET GRANTED
Vsi lastniki so svoje delnice prodali Avstriji po simbolični ceni 1 EUR in se s tem odpovedali svojim pravicam delničarjev.
The restructuring plan projects for the period 2013-17 additional capital needs for the wind-down unit amounting to approximately EUR 2,6 billion in the base case, EUR 4,7 billion in the pessimistic case and EUR 5,4 billion in the stress case.
BayernLB se je odpovedal vsem svojim pravicam delničarjev, vključno z obstoječim Ergänzungskapital (kapital drugega reda) v HGAA v višini 300 milijonov EUR, in skupino HGAA oprostil obveznosti vračila 525 milijonov EUR obstoječih kreditnih linij, ki so ji bile dodeljene v preteklosti [16].
Under the assumption that the capital is provided in a liquid form the required additional liquidity needs of HGAA until 2017 would amount to EUR 2,5 billion in a base case and are estimated to reach EUR 3,3 billion in a stressed pessimistic case.
BayernLB je leta 2008 v HGAA že vložil kapital v višini 700 milijonov EUR, ki ga je skupina od takrat v celoti porabila, saj je z njim krila izgube.
(Should the measures not be granted in a liquid form liquidity measures in a higher amount might be necessary).
Družba GRAWE je vpisala nekonvertibilni temeljni kapital prvega reda (Partizipationskapital) v višini 30 milijonov EUR, za katerega se leta 2013 v primeru dobička začnejo izplačevati dividende v višini 6 % na leto.
Austria has sought, on a precautionary basis, the Commission’s authorisation of State aid measures which may be necessary to satisfy any additional capital or liquidity needs so as to satisfy all regulatory requirements or cover losses.
Na podlagi odločitve Republike Avstrije z dne 30. maja 2011 je bila nominalna vrednost navedenega kapitala znižana na 9 milijonov EUR po razporeditvi izgube (Kapitalschnitt).
Any capital granted will be limited to the amount necessary to fulfil the regulatory minimum capital requirements which have to be confirmed by the competent supervisory authority.
Koroška je decembra 2009 prispevala k reševanju prek:
All owners ceded their shareholders’ rights by selling their shares to Austria for a symbolic price of one euro.
Spodnja razpredelnica prikazuje prvotne zneske kapitala Partizipationskapital v HGAA (vsi v HBInt) in njegov sedanji znesek.
BayernLB renounced all its shareholder’s rights including an existing EUR 300 million Ergänzungskapital (Tier-2) in HGAA and relieved HGAA from the obligation to repay EUR 525 million of existing credit lines it had previously been granted [16].
Opozoriti je treba, da Partizipationskapital nima glasovalnih pravic.
In order to ensure liquidity for HGAA, BayernLB re-issued a liquidity line that had terminated in December 2009, amounting to EUR […].
Vse delnice z glasovalnimi pravicami so v lasti Republike Avstrije.
For 2014, BayernLB would leave funding amounting to EUR […] within HGAA, and for 2015 EUR […].
Pregled zneskov kapitala Partizipationskapital
Those amounts are guaranteed by Austria in case HGAA is split up or another economically comparable measure is taken which does not ensure the viability of HGAA [17].
Partizipationskapital nekdanjih delničarjev
GRAWE subscribed to EUR 30 million of non-convertible Tier-1 capital (Partizipationskapital) with a dividend of 6 % p.a. starting in 2013 in case of profits.
Po zmanjšanju kapitala in drugih ukrepih (pretvorba itd.)
Based on a decision by the Republic of Austria on 30 May 2011, the nominal amount of that capital has been reduced to EUR 9 million following a loss allocation (Kapitalschnitt).
Zvezna dežela Koroška
GRAWE also contributed EUR 100 million in terms of liquidity until 31 December 2013.
Vmesna vsota
The liquidity was fully collateralised (EUR 50 million by Austrian covered bonds, the remaining EUR 50 million by other assets eligible for issuing covered bonds).
Republika Avstrija
Carinthia contributed to the rescue operation in December 2009 via
Skupaj
a recapitalisation of EUR 200 million, which was made in two parts: (i) Carinthia converted EUR 50 million of Tier-2 capital into about EUR 31 million of Tier-1 Partizipationskapital and injected EUR 150 million in the form of Partizipationskapital.
Poleg tega imetniki instrumentov lastnih sredstev (Partizipationskapital in drugi hibridni instrumenti kapitala) zaradi izgub HGAA niso prejeli nobenih dividend ali kuponov, ki bi jih prejeli v primeru dobička.
The Partizipationskapital has a profit-related dividend of 6 %, due for the first time for the business year 2013.
Zato bi lahko HGAA v letih 2009 in 2010 ohranila več kot […] EUR.
The total amount of EUR 181 million of Partizipationskapital initially injected has in the meantime been reduced to about EUR 55 million via a capital cut (Kapitalschnitt);
VZROKI ZA TEŽAVE SKUPINE HGAA
liquidity measures amounting to approximately EUR 200 million provided by Land Carinthia in the context of existing business relationships.
Težave HGAA so predvsem posledica agresivne strategije za rast na podlagi ugodnega financiranja z državnimi jamstvi.
The following table provides an overview of the original amounts of Partizipationskapital in HGAA (all in HBInt) and its current amount.
HGAA se je preveč zanašala na hitro rast in dohitevanje na trgih v državah jugovzhodne Evrope.
It should be recalled that Partizipationskapital has no voting rights.
Predvsem v obdobju 2000–2007 je vstopila na veliko novih trgov.
All shares with voting rights are held by the Republic of Austria.
Zato se je bilančna vsota HGAA povečala z 9,8 milijarde EUR 31. decembra 2002 na 43,3 milijarde EUR 31. decembra 2008.
Table 1
Razpredelnica 2
Partizipationskapital by old shareholders
Hitro povečanje bilance stanja na trgih jugovzhodne Evrope je skupaj z ugodnim financiranjem z državnimi jamstvi ustvarilo kratkoročne dobičke.
Original amount (in EUR)
Ker so strategijo banke poganjali premisleki o obsegu poslovanja in je zato veliko tvegala zlasti pri projektih v nepremičninskem in turističnem segmentu, je sistemsko napačno presojala gospodarska in poslovna tveganja.
After Kapitalschnitt and other measures (conversion etc.)
Zaradi pomanjkanja ustreznih mehanizmov nadzora je banka postala tudi dovzetna za goljufije, kar je imelo za posledico več kazenskih preiskav.
Land Carinthia
Sčasoma je njen portfelj postal obremenjen z znatnim deležem slabih posojil, delno zaradi pomanjkanja ustreznega zavarovanja.
Intermediate sum
V veliko primerih se je izkazalo, da je povezana zavarovanja težko ali nemogoče prodati, zato so bili potrebni veliki odpisi.
Republic of Austria
Poleg tega je banka mnogim svojim maloprodajnim podjetjem ter malim in srednje velikim podjetjem (v nadaljnjem besedilu: MSP) v državah jugovzhodne Evrope dodelila posojila v evrih ali švicarskih frankih, s tem pa se je izpostavila dodatnim tveganjem neplačila.
Total
Zaradi poznejšega povečanja vrednosti predvsem švicarskega franka glede na lokalne valute so se navedena tveganja delno uresničila.
HGAA repurchased several hybrid and other capital instruments significantly below par or cancelled them altogether and thus increased its capital base: In April 2012 HGAA made a transaction which resulted in a Tier-1 increase of EUR 153 million.
Čeprav je takrat ostala znotraj predpisanih meja, je banka poslovala z nezadostnim kapitalom glede na njen profil tveganj zaradi ciljne skupine strank in portfelja sredstev.
In August 2012 HGAA cancelled some hybrid instruments thus generating a further EUR 23,5 million in capital.
Navedeni dejavnik je postal težava skoraj takoj, ko je banka doživela negativen preobrat.
In addition, the holders of own fund instruments (Partizipationskapital and other hybrid capital instruments) did not receive any profit-dependent dividends or coupons due to the losses of HGAA.
Navedeni izračun je izmišljen, saj bi bilo treba v navedenem primeru še prej drastično zmanjšati poslovanje banke ali jo likvidirati.
THE CAUSES OF HGAA’S PROBLEMS
Banka je prepozno spoznala, da je njen poslovni model neustrezen, in se je prepočasi odzvala, delno zaradi zapletene strukture skupine in težav pri upravljanju takšne velike in raznolike skupine.
HGAA’s problems were mainly caused by an aggressive growth strategy based on cheap State-guaranteed funding.
Tudi v začetku leta […] je kakovost sredstev, povezana z novimi posli, ostala problematična, marže pa nezadostne, če se upoštevajo ustrezni stroški tveganja in kapitala.
HGAA bet massively on a rapid growth and catch-up in the markets in the SEE countries.
Predhodno predloženi načrti prestrukturiranja niso dokazali, da bi lahko HGAA samostojno uspešno poslovala.
In particular in the period 2000 to 2007 HGAA entered a large number of new markets.
Poleg tega dokumenti, ki jih je predložila Avstrija in na katerih temelji ta sklep [18], vključujejo osnovne scenarije načrta prestrukturiranja, ki predvidevajo negativne poslovne rezultate skupine v celotnem obdobju 2013–2017 in določajo potrebo po dodatnem kapitalu v višini […] EUR.
As a result, the balance sheet size of HGAA increased to EUR 43,3 billion on 31 December 2008, up from EUR 9,8 billion on 31 December 2002.
Tudi „primer upravljanja“, ki ne vključuje ustreznih ukrepov za omejevanje morebitnih izkrivljanj konkurence, kaže, da bi skupina lahko ponovno vzpostavila skromno donosnost ([…]) šele leta 2017, pred tem pa bi imela izgube.
Table 2
Poleg tega v navedeni napovedi niso vključeni morebitni stroški podaljšanja jamstev na čas po letu 2013.
Expansion of HGAA, per country and business line
DELNO SPOŠTOVANJE ZAVEZ
The expansion strategy was made possible by favourable financing costs of HGAA due to State guarantees by Land Carinthia (Ausfallshaftung) which increased from EUR 4,9 billion by 31 December 2002 to EUR 20,7 billion by 31 December 2009.
Komisija je v sklepu o reševanju iz decembra 2012 odobrila ukrepe, ki jih je priglasila Avstrija, zaradi določenih zavez, ki jih je sprejela država članica in katerih namen je bil zagotoviti, da bo izkrivljanje konkurence čim bolj omejeno.
The access to cheap financing caused HGAA to neglect the generation of local deposits.
Cilj zavez je bil omejiti poslovne dejavnosti banke, npr. v smislu stopenj donosnosti, kategorij tveganja v zvezi s strankami in ročnosti, ter s tem prispevati k omejitvi tveganega vedenja in možnosti za širitev poslovanja v škodo konkurentov.
The rapid balance sheet expansion in SEE markets, coupled with cheap State-guaranteed funding, generated short-term profits.
Januarja 2013 je Avstrija Komisijo obvestila, da banka zaradi gospodarskih razlogov ni mogla spoštovati vseh navedenih zavez v zvezi z nekaterimi od njenih hčerinskih družb.
From 2002 to 2006, HGAA made profits in every year except in 2004.
Avstrija je navedla predvsem omejitev v zvezi s posojili v tujih valutah, omejitve poslov v zvezi z javnimi financami in kreditnega poslovanja s podjetji na stranke z bonitetno oceno […] ter trdila, da jih ni bilo mogoče izvesti v državah jugovzhodne Evrope, za HBA pa je navedla, da ni bilo mogoče omejiti obveznosti glede javnih financ na […].
However, the business model masked underlying risks of asset quality deterioration and refinancing, thus causing the bank to neglect the adequate overhaul and development of the procedures for internal control and risk management, which would have been required to cope with its changed needs following the expansion.
NAČRT ZA LIKVIDACIJO
With business volume considerations driving the bank’s strategy, leading it to taking high risks in particular in projects in the real estate and tourism segments, economic and business risks were systemically misjudged.
Avstrija je 29. junija 2013 predložila načrt za likvidacijo, v skladu s katerim bo HGAA nadzorovano likvidirana, pri čemer bo na voljo dovolj časa za prodajo potencialno uspešnih sredstev, ostali deli pa bodo sčasoma ukinjeni.
The lack of adequate control mechanisms also rendered the bank vulnerable to fraud, causing several criminal investigations.
S ciljem izvedbe navedene likvidacije je v načrtu za likvidacijo predvidena strategija za preostale tri stebre, tj. (i) avstrijska banka (HBA); (ii) mreža v državah jugovzhodne Evrope in (iii) del za likvidacijo.
Over time its portfolio became, partly due to a lack of proper collateralisation, plagued with a significant portion of non-performing loans.
Usmerjanje postopka likvidacije bo zagotovljeno na centralni ravni skupine, kjer so bile medtem izvedene številne izboljšave, med drugim v zvezi z obvladovanjem tveganj, poročanjem, vrednotenjem zavarovanja in postopki v zvezi z ocenami [19].
In many cases underlying collateral proved difficult or impossible to sell, necessitating large write downs.
Predvsem bo HGAA načeloma nudila samo nova hipotekarna posojila za prebivalstvo z razmerjem med posojilom in vrednostjo […] % ali več, matrika stroškov notranjega financiranja bo sorazmerna s stanjem financiranja zadevne podružnice ali hčerinske družbe in […] bo, razen izjemoma, stranki odobren samo, če ima ta stranka […].
In addition, by granting a significant part of its retail and small and medium-sized enterprises (‘SME’) loans in SEE countries in Euros or Swiss Francs, the bank exposed itself to additional repayment risks.
PRODAJA DRUŽBE HBA
With the subsequent appreciation in particular of the Swiss Franc against the local currencies, those risks have partly materialized.
31. maja 2013 je bila z družbo Anadi Financial Holdings Pte.
Although within the regulatory limits at the time, in view of its risk profile resulting from its target client base and asset portfolio, the bank was operating with insufficient capital.
Ltd. podpisana pogodba o prodaji vseh delnic HBA, trenutno pa se pričakuje, da bo prodaja zaključena pred 31. decembrom 2013 [20].
That factor became a problem almost as soon as fortunes reversed.
Do zaključka prodaje bo HBA še naprej osredotočena na svoj položaj regionalne banke na Koroškem s podružnicami na Dunaju in v Salzburgu.