natgillin/translations-raw huggingface dataset:
The heavy losses suffered in 2011 following the introduction of the PSI [64] in Greece played a part in downgrading the regulatory solvency ratio (Solvency I).
Regulativni količnik plačilne sposobnosti (solventnost I) se je poslabšal zaradi velikih izgub v letu 2011 po uvedbi sodelovanja zasebnega sektorja [64] v Grčiji.
It was 102 in 2011.
Leta 2011 znašal 102.
It should return to 135 from 2012 and gradually increase to reach a level of […] in 2016.
Od leta 2012 dalje naj bi ponovno znašal 135, nato pa do leta 2016 postopoma dosegel stopnjo […].
DBB/Belfius is forecasting a reduction of its operating cost ratio by [0-5] points to [25-50] for the life segment and [10-30] for the non-life segment in 2016.
Po napovedih banke DBB/Belfius naj bi se njeno razmerje operativnih stroškov v letu 2016 zmanjšalo za [0–5] točk, in sicer na [25–50] v segmentu življenjskih zavarovanj in [10–30] v segmentu neživljenjskih zavarovanj.
This reduction will be achieved in particular by rationalising IT procedures.
To zmanjšanje se bo doseglo predvsem z racionalizacijo postopkov IT.
Similarly, as a result of the introduction of a new pricing policy and a rationalisation of loss management, DBB/Belfius is forecasting a reduction of its loss ratio by [5-15] points by 2016.
Podobno naj bi se po napovedih banke DBB/Belfius zaradi uvedbe nove politike določanja cen in racionalizacije upravljanja izgube škodni količnik leta 2016 znižal za [5–15] točk.
In the life segment, DBB/Belfius chiefly offered guaranteed capital products (B21) up to 2011 accounting for [70-80] % of amounts outstanding at the end of 2011 in comparison with [20-30] % for its alternative B26 and B23 products (without guaranteed capital).
Banka DBB/Belfius je v segmentu življenjskih zavarovanj do leta 2011 predvsem ponujala produkte z zajamčenim kapitalom (B21), ki so ob koncu leta 2011 obsegali [70–80] % neporavnanih zneskov, drugi možnosti produktov B26 in B23 (brez zajamčenega kapitala) pa sta obsegali [20–30] %.
DBB/Belfius is envisaging a […] of premiums underwritten in connection with its B21 products (EUR […] million annually as against EUR […] billion in 2011) and a […] of premiums underwritten for its other products.
Banka DBB/Belfius predvideva, da bo v zvezi s produkti B21 prevzela […] premij ([…] milijonov EUR letno v primerjavi z […] milijardami EUR v letu 2011), v zvezi z drugimi produkti pa […] premij.
Total premiums underwritten for life insurance products will be less than EUR [0-2,5] billion in 2013 and EUR [0-3] billion in 2014, assuming that market growth is less than 4 %.
Skupni znesek premij, prevzetih za produkte življenjskega zavarovanja, bo tako v letu 2013 znašal manj kot [0-2,5] milijarde EUR, v letu 2014 pa [0–3] milijarde EUR, če je predvidena tržna rast manj kot 4-odstotna.
The investment portfolio of DBB/Belfius Insurance had a nominal value of EUR 17 billion at 31 December 2011, 95 % of which was invested in investment grade securities.
Portfelj naložb banke DBB/Belfius v segmentu zavarovanja je imel 31. decembra 2011 nominalno vrednost 17 milijard EUR, pri čemer je bilo 95 % od tega zneska vloženih v vrednostne papirje, uvrščene v naložbene razrede.
The new asset allocation policy drawn up for 2012 requires a minimum rating of AA for sovereign bonds ([70-80] % of the portfolio) and A for corporate bonds ([20-30] % of the portfolio).
V skladu z novo politiko dodelitve sredstev, ki je bila oblikovana za leto 2012, morajo imeti državne obveznice ([70–80] % portfelja) bonitetno oceno vsaj AA, podjetniške obveznice ([20–30] % portfelja) pa vsaj A.
Investment portfolio
Portfelj naložb
Derivative portfolio
Portfelj izvedenih finančnih instrumentov
The derivative portfolio had a marked-to-market position of EUR – [4-10] billion on 31 March 2012, over [75-100] % for interest rate derivatives.
Portfelj izvedenih finančnih instrumentov je imel 31. marca 2012 vrednost glede na tržne razmere –[4–10] milijard EUR, od tega več kot [75–100] % za obrestne izvedene finančne instrumente.
The collateral posted by DBB/Belfius to cover this negative marked-to-market position was EUR [10-20] billion on 31 March 2012, including EUR [0-5] billion not in the form of cash collateral.
Zavarovanje, s katerim je banka DBB/Belfius krila to negativno vrednost glede na tržne razmere, je 31. marca 2012 znašalo [10–20] milijard EUR, vključno z [0–5] milijardami EUR, ki niso bili v obliki zavarovanja z denarnimi sredstvi.
The difference between the amount of cash collateral paid and the marked-to-market position is explained in particular by the one-way collateral agreements concluded between DBB/Belfius and some of its counterparties and by clearing house requirements.
Razlogi za razliko med plačanim zneskom zavarovanja z denarnimi sredstvi in vrednostjo glede na tržne razmere so zlasti z enostranske pogodbe o zavarovanju, sklenjene med banko DBB/Belfius in nekaterimi njenimi nasprotnimi strankami, ter zahteve klirinških družb.
[40-50] % of the portfolio derivatives would reach maturity by 2016.
Do leta 2016 bo zapadlo [40–50] % portfelja izvedenih finančnih instrumentov.
Financing and liquidity
Financiranje in likvidnost
DBB/Belfius has set up various risk committees which rule on each transaction.
Banka DBB/Belfius je vzpostavila več odborov za tveganja, ki odločajo o vsaki transakciji.
There are three hierarchical levels of committees whose composition and competence depend on various factors including the rating of the counterparty, the status of the counterparty (enterprise, local authority, etc.) and the amount of the transaction.
Ti odbori so na treh hierarhičnih ravneh, njihova sestava in pristojnosti pa so odvisne od različnih dejavnikov, med drugim tudi od bonitetne ocene nasprotne stranke, njenega statusa (podjetje, lokalna skupnost itd.) in zneska transakcije.
Stress scenario
Scenarij izjemnih situacij
The Belgian authorities have also provided a stress scenario in order to determine the Group’s ability to withstand external shocks.
Belgijski organi so zagotovili tudi scenarij izjemnih situacij, po katerem se določi sposobnost banke DBB/Belfius, da vzdrži zunanje pretrese.
This stress test is based largely on the EBA method and measures the Group’s ability to withstand worsening macroeconomic and financial conditions.
Ta test izjemnih situacij temelji večinoma na metodi Evropskega bančnega organa in meri sposobnost banke DBB/Belfius, da vzdrži poslabšanje makroekonomskih in finančnih pogojev.
The bank business model, its liquidity and financing risk, the credit risk and the market risk of the assets held are in particular affected.
To zlasti vpliva na poslovni model banke, njeno likvidnost ter financiranje tveganja, kreditno tveganje in tržno tveganje sredstev, ki jih ima v lasti.
In the stress scenario, by 2016, the Core Tier 1 Basel III ratio would be [7,5-15] % (as against [7,5-15] % in the baseline scenario).
Po scenariju izjemnih situacij bi bilo do leta 2016 razmerje temeljnega kapitala po sporazumu Basel III [7,5–15]-odstotno, po osnovnem scenariju pa [7,5–15]-odstotno.
The CAD ratio would be [7,5-15] % as against [7,5-15] % in the baseline scenario.
Razmerje plačila na podlagi predložitve dokumentov („cash against documents“) bi bilo [7,5–15]-odstotno, po osnovnem scenariju pa [7,5–15]-odstotno.
The safety buffer would be EUR [20-30] billion as against EUR [30-45] billion in the baseline scenario.
Varnostne rezerve bi znašale [20-30] milijard EUR, po osnovnem scenariju pa [30–45] milijard EUR.
For the restructuring of DBB/Belfius, subject to any other duration mentioned in the individual commitments, Belgium undertakes to ensure that DBB/Belfius complies, up to 31 December 2014, with the following commitments [67].
Belgija se glede prestrukturiranja banke DBB/Belfius, pri čemer se upošteva vsako drugo trajanje iz posameznih zavez, zavezuje, da bo zagotovila, da bo banka DBB/Belfius do 31. decembra 2014 izpolnila naslednje zaveze [67].
Reducing operating costs
Zmanjšanje operativnih stroškov
DBB/Belfius undertakes to limit the absolute level of its operating expenses and costs — i.e. its personnel costs and other expenses:
Banka DBB/Belfius se zavezuje, da bo omejila absolutno raven svojih operativnih odhodkov in stroškov, tj. stroškov zaposlenih in drugih stroškov:
to a maximum of EUR [1300-1450] million in 2013; and
na največ [1300–1450] milijonov EUR v letu 2013 in
to a maximum of EUR [1250-1400] million in 2014.
na največ [1250–1400] milijonov EUR v letu 2014.
DBB/Belfius aims to reduce the absolute level of its operating expenses and costs — i.e. its personnel costs and other expenses — from EUR [1350-1500] million in 2012 to EUR [1200-1350] million in 2016.
Banka DBB/Belfius si prizadeva zmanjšati absolutno raven svojih operativnih odhodkov in stroškov, tj. stroškov zaposlenih in drugih stroškov, s [1350–1500] milijonov EUR v letu 2012 na [1200–1350] milijonov EUR v letu 2016.
Reducing trading activities
Zmanjšanje dejavnosti trgovanja
DBB/Belfius will cease its proprietary trading activities.
Banka DBB/Belfius bo prenehala dejavnosti trgovanja za lastni račun.
This means that DBB/Belfius will only carry out transactions that either (i) are necessary to receive, transmit and carry out its customers’ orders to buy and sell, or (ii) help Belfius perform liquidity or asset and liability management.
To pomeni, da bo ta banka izvajala le transakcije, ki so bodisi (i) potrebne za prejemanje, posredovanje in izvajanje naročil strank za nakup ali prodajo, bodisi (ii) bodo banki Belfius pomagale pri upravljanju likvidnosti ali sredstev in obveznosti.
DBB/Belfius will not create positions on its own account, unless they arise because DBB/Belfius, for example, does not carry out certain customer orders straight away.
Banka DBB/Belfius ne sme ustvarjati pozicij za lastni račun, razen če take pozicije izhajajo iz nezmožnosti te banke, da izvede nekatera naročila svojih strank.
Positions of this kind and liquidity or asset and liability management positions will be taken only if they do not jeopardise the bank’s own viability and/or liquidity.
Takšne pozicije in pozicije upravljanja likvidnosti ali sredstev in obveznosti so dovoljene le, če ne ogrožajo uspešnega poslovanja in/ali likvidnosti te banke.
This is fully in line with the recommendations in the report of the ‘High-level Expert Group on reforming the structure of the EU Banking sector’.
To je popolnoma skladno s priporočili iz poročila skupine strokovnjakov na visoki ravni o reformi strukture bančnega sektorja EU.
Governance and risk-management measures
Upravljanje in ukrepi za upravljanje tveganj
DBB/Belfius will (i) pursue a prudent and sound business policy focusing on the principle of sustainability and (ii) examine the appropriateness of its internal incentive systems in the context of the legal and regulatory requirements and work towards ensuring that they do not provide any temptation to take unacceptable risks and are transparent and focused on long-term and sustainable goals.
Banka DBB/Belfius bo (i) vodila preudarno in zdravo poslovno politiko, usmerjeno na načelo trajnosti, in (ii) bo proučila primernost svojih notranjih sistemov spodbud v okviru pravnih in regulativnih zahtev, skušala bo tudi zagotoviti, da ne bodo ponujali kakršne koli skušnjave za nesprejemljiva tveganja ter da bodo pregledni in usmerjeni na dolgoročne in trajnostne cilje.
DBB/Belfius will further enhance its risk and liquidity management governance.
Banka DBB/Belfius bo še okrepila svoje vodenje upravljanja tveganja in likvidnosti.
Belfius has already drawn up new guidelines to ensure prudent liquidity management in the future, including: (i) clear targets for business lines regarding balance sheet utilisation, deposit gathering, and quality of collateral generated; (ii) implementation of clear incentives (liquidity cost or bonus) for business lines.
Oblikovala je tudi že nove smernice, da bi v prihodnosti zagotovila preudarno upravljanje likvidnosti, vključno z: (i) jasnimi cilji za poslovna področja glede uporabe bilance stanja, zbiranja vlog in kakovosti ustvarjenega zavarovanja, ter (ii) izvajanjem jasnih pobud (likvidnostni stroški ali bonusi) za poslovna področja.
Belfius will further improve processes and governance for a centrally steered treasury with clear targets and guidelines.
Družba Belfius bo z jasnimi cilji in smernicami nadalje izboljšala procese in upravljanje centralno vodene zakladnice.
Dividend payment ban
Prepoved izplačevanja dividend
DBB/Belfius will not distribute any form of dividend in respect of its shares.
Banka DBB/Belfius ne bo razdeljevala nobene oblike dividend na svoje delnice.
Coupon payment ban
Prepoved izplačevanja kuponov
DBB/Belfius will not make any discretionary early repayment or payment of coupons on instruments (i) issued by DBB/Belfius before 20 October 2011, (ii) held by persons or entities other than DBB/Belfius and (iii) the payment or exercise of which is discretionary by virtue of the contractual provisions covering these instruments.
Banka DBB/Belfius ne bo izvajala kakršne koli diskrecijske možnosti predčasnega izplačila ali izplačila kuponov na instrumente, (i) ki jih je izdala pred 20. oktobrom 2011, ii) ki so v lasti oseb ali subjektov, ki niso banka DBB/Belfius, ter (iii) katerih izplačilo ali uveljavljanje je glede na pogodbene določbe, ki se nanašajo na te instrumente, diskrecijsko.
This commitment:
Ta zaveza:
is without prejudice to the operations which DBB/Belfius is legally required to undertake; and
ne vpliva na transakcije, za izvedbo katerih je banka DBB/Belfius pravno zavezana, ter
will be revised in the event of significant changes in the definition of the prudential own funds and accounting standards applicable to DBB/Belfius, subject to the prior agreement of the Commission.
se bo po predhodnem soglasju Komisije popravila, če se bo bistveno spremenila opredelitev lastnih bonitetnih sredstev in računovodskih standardov, ki se uporabljajo za banko DBB/Belfius.
Acquisition ban
Prepoved pridobitev
DBB/Belfius will not acquire any stake in any enterprise up to 31 December 2014.
Banka DBB/Belfius do 31. decembra 2014 ne bo pridobila kakršnega koli deleža v katerem koli podjetju.
This covers both enterprises which have the legal form of a company and packages of assets which form a business.
To se nanaša na podjetja s pravnim statusom družb ter na pakete sredstev, ki sestavljajo podjetje.
Despite the ban, DBB/Belfius may acquire stakes in enterprises provided that the purchase price paid for any acquisition is less than 0,01 % of DBB/Belfius’ balance sheet at the date of this Decision and that the cumulative price paid for all such acquisitions over the whole restructuring period is less than 0,025 % of its balance sheet size at the date of this Decision.
Banka DBB/Belfius lahko kljub prepovedi pridobi deleže v podjetjih, kadar plačana nakupna cena vsake pridobitve ne presega 0,01 % bilance stanja te banke na datum sprejetja tega sklepa in kadar skupna plačana nakupna cena vseh takih pridobitev v celotnem obdobju prestrukturiranja ne presega 0,025 % bilančne vsote na datum sprejetja tega sklepa.
The ban does not cover acquisitions that (i) take place in the ordinary course of banking business in the management of existing claims in respect of ailing firms or (ii) that are made in the context of private equity business.
V to prepoved niso vključene pridobitve, ki (i) potekajo med običajnim poslovanjem banke pri upravljanju obstoječih terjatev do podjetij v težavah ali (ii) so izvedene v okviru podjetij zasebnega kapitala.
Advertising ban
Prepoved oglaševanja
DBB/Belfius will refrain from mass marketing campaigns invoking the historic State aid measures as an advantage in competitive terms and DBB/Belfius will not advertise the fact that it is State-owned nor make any reference to any State support received in its communications with existing or potential customers and/or investors.
Banka DBB/Belfius bo opustila kampanje množičnega trženja, v katerih bi bili pretekli ukrepi državne pomoči predstavljeni kot konkurenčna prednost, ter ne bo oglaševala dejstva, da je v državni lasti, niti ne bo v sporočilih obstoječim ali morebitnim strankam in/ali vlagateljem navajala kakršnih koli sklicev na prejeto državno podporo.
Notwithstanding that ban, DBB/Belfius may refer to the fact that it is State-owned and to any other State support it has received whenever such reference is required under applicable legislative or regulatory provisions.
Ne glede na to prepoved pa lahko banka DBB/Belfius navede, da je v državni lasti ali da prejema kakršno koli drugo državno podporo, če se tak sklic zahteva z zakonskimi in uredbenimi določbami, ki se uporabljajo.
Remuneration of essential bodies, employees and agents
Prejemki osnovnih organov, zaposlenih in pooblaščencev
Belfius will comply with the legislation in force on wage and remuneration, in particular the caps on remuneration applicable to banks.
Družba Belfius bo spoštovala zakonodajo, ki se uporablja za plače in prejemke, ter še zlasti glede zgornje meje prejemkov, ki se uporablja za banke.
Belfius will respect the conditions that the Commission imposes on this point when applying the rules on State aid.
Družba Belfius bo upoštevala pogoje, ki jih v zvezi s tem pri izvajanju pravil o državni pomoči nalaga Komisija.
Belfius will also endeavour to make the best possible use of public funds in so far as personnel wages and remuneration are concerned.
Družba Belfius si bo tudi prizadevala, da bi čim bolje porabila javna sredstva za plače in prejemke zaposlenih.
Belfius will in particular endeavour to limit the amount of severance allowances to the legal minimum, while retaining the flexibility needed to achieve the objectives of the Strategic Plan.
Družba Belfius si bo zlasti prizadevala, da bo omejila zneske odpravnin na najnižjo zakonsko določeno stopnjo, obenem pa bo ohranjala prožnost, ki je potrebna za izpolnjevanje ciljev strateškega načrta.
Belfius will forward proposals to the Commission in respect of a reduction of the Group’s general and personnel costs if, at the end of the accounting year in question, (i) the net banking profit is more than 20 % lower than the target set; or (ii) the gross operating result is more than 25 % lower than the target set; and in all cases if (i) the profit and loss account records losses; or (ii) the entity no longer complies with the minimum regulatory requirements in force in respect of solvency.
Družba Belfius bo Komisiji poslala predloge v zvezi z zmanjšanjem splošnih stroškov in stroškov zaposlenih skupine DBB/Belfius, če bo ob koncu zadevnega proračunskega leta (i) čisti bančni dobiček za več kot 20 % nižji od zastavljenega cilja ali (ii) bodo bruto poslovni prihodki za več kot 25 % nižji od zastavljenega cilja; v vsakem primeru pa, (i) če bodo v izkazu poslovnega izida evidentirane izgube ali (ii) subjekt ne bo več izpolnjeval veljavnih minimalnih regulativnih zahtev glede plačilne sposobnosti.
This commitment will apply only to the annual accounts for 2013 and 2014.
Ta zaveza se bo uporabljala le v letnih računovodskih izkazih za leti 2013 in 2014.
Cap on public banking loans
Omejitev javnih bančnih posojil
DBB/Belfius undertakes to limit its new production of public banking loans to a maximum of EUR [2,5-5] billion for 2013 and EUR [2,5-5] billion for 2014. If market growth exceeds the normal annual growth rate of 4 % in the market for public banking loans in Belgium in 2013, this amount may be reviewed subject to prior agreement of the Commission.
Banka DBB/Belfius se zavezuje, da bo omejila javna bančna posojila, tako da bo lahko v letu 2013 ustvarjenih največ [2,5–5] milijard EUR novih posojil, v letu 2014 pa [2,5–5] milijard EUR. Ta znesek se lahko po predhodnem soglasju Komisije popravi, če tržna rast v letu 2013 preseže običajno 4-odstotno letno stopnjo na trgu za nova javna bančna posojila v Belgiji.
For each 0,1 % of additional market growth in 2013, above the normal annual growth rate of 4 %, the cap on new production will be increased by EUR [25-75] million in 2014.
Omejitev novega ustvarjanja posojil se bo za vsak 0,1 % dodatne tržne rasti v letu 2013, ki bo presegel običajno 4-odstotno letno stopnjo, povečala za [25–75] milijonov EUR v letu 2014.
Cap on life insurance production
Omejitev ustvarjanja produktov življenjskih zavarovanj
DBB/Belfius undertakes to limit its new production in gross earned premiums for life insurance products to a maximum of EUR [0-2,5] billion for 2013 and to a maximum of EUR [0-3] billion for 2014. If market growth exceeds the normal annual growth rate of 4 % in the market for life insurance products in Belgium and Luxembourg in 2013, this amount may be reviewed subject to prior agreement of the Commission.
Skupina DBB/Belfius se zavezuje, da bo omejila produkte življenjskega zavarovanja s kosmatimi prihodki od zavarovalnih premij, tako da bo v letu 2013 novo ustvarjenih največ [0–2,5] milijarde EUR produktov, v letu 2014 pa [0–3] milijarde EUR. Ta znesek se lahko po predhodnem soglasju Komisije popravi, če bi tržna rast v letu 2013 presegla običajno 4-odstotno letno stopnjo na trgu za produkte življenjskega zavarovanja v Belgiji in Luksemburgu.
For each 0,1 % of additional market growth in 2013, above the normal annual growth rate of 4 %, the cap on new production will be increased by EUR [0-50] million in 2014.
Omejitev novega ustvarjanja produktov se bo za vsak 0,1 % dodatne tržne rasti v letu 2013, ki bo presegel običajno 4-odstotno letno stopnjo, povečala za [0–50] milijonov EUR v letu 2014.
Independent trustee
Neodvisni skrbnik
Within 30 working days of the end of each year and half year or as otherwise agreed with the Commission, the independent trustee will submit a draft written report in English or French to the Commission and the Belgian authorities, giving each the opportunity to submit comments within 10 working days.
Neodvisni skrbnik bo v 30 delovnih dneh po koncu vsakega leta in polletja ali, kakor je s Komisijo drugače dogovorjeno, Komisiji in belgijskim organom poslal osnutek pisnega poročila v angleščini ali francoščini ter jima omogočil, da v 10 delovnih dneh predložita pripombe.
Within 10 working days of receipt of the comments, the independent trustee will prepare a final report and submit it to the Commission, taking into account, if possible and at his sole discretion, the comments submitted.
V 10 delovnih dneh po prejemu pripomb bo neodvisni skrbnik pripravil končno poročilo in ga poslal Komisiji, pri čemer bo, če bo to mogoče in po lastni presoji, upošteval predložene pripombe.
The independent trustee will also send a copy of the final report to the Belgian authorities.
Izvod končnega poročila bo poslal tudi belgijskim organom.
The independent trustee may ask the Commission for authorisation to use other timings if operational workload renders the timely delivery of reports unworkable.
Neodvisni skrbnik lahko Komisijo prosi, naj mu dovoli uporabiti drugačen časovni razpored, če poročil zaradi operativne delovne obremenitve ne bo mogel pripraviti pravočasno.
The report will cover the independent trustee’s fulfilment of his obligations under his mandate and compliance with the above commitments.
V poročilo bosta zajeta opis tega, kako neodvisni skrbnik izpolnjuje svoje obveznosti v skladu s svojim mandatom in kako se izpolnjujejo navedene zaveze.
Appointment procedure for the independent trustee
Postopek imenovanja neodvisnega skrbnika
An independent trustee will be appointed who is to report on a six-monthly basis to the Commission on compliance with the commitments listed in recitals 281 to 295.
Imenovan bo neodvisni skrbnik, ki bo Komisiji vsakih šest mesecev poročal o izpolnjevanju zavez iz uvodnih izjav 281 do 295.
The independent trustee will be independent, possess the necessary qualifications and shall not be subject to a conflict of interests throughout the exercise of his mandate.
Neodvisni skrbnik mora biti neodvisen, ustrezno usposobljen, med izvajanjem njegovega mandata pa ne sme prihajati do navzkrižja interesov.