natgillin/translations-raw huggingface dataset:
In the event of a substantial increase in exposure, the difference between the old loan amount and the new loan amount is considered new business in accordance with 4.2.3(ii) and (iii).
V primeru poslov, katerih donosnost je zmanjšana, lahko subjekt, ki bo likvidiran, v okviru izterjave in reševanja prilagodi transakcijo z zadevnim dolžnikom na podlagi zadevne referenčne zaveze, če se lahko za te ukrepe šteje, da ohranjajo vrednost ali zmanjšujejo tveganje, pri tem pa ne izkrivljajo konkurence, kar je treba v vsakem primeru utemeljiti in pisno utemeljitev predložiti nadzornemu fiduciarju.
Until the reporting capabilities are in place, however, 4.2.3.1(i) applies.
Prilagoditve transakcije so spremembe posla, na primer prilagoditve obrestne mere, odlogi, spremembe zapadlosti, prevzem obveznosti, podaljšanja in pretvorbe dolga, npr. s sklenitvijo novih kreditnih pogodb za isti znesek, spremembe zavarovanja ali finančnih razmerij ali opustitev pravnih učinkov finančnih razmerij.
Retail loans granted for the re-marketing or re-leasing of repossessed assets/collaterals are not considered new business, although the following limitations apply:
Prilagoditve iz tega odstavka lahko vključujejo podaljšanje zapadlosti za […]; prilagoditve, ki to omejitev presegajo, se lahko izvedejo samo s soglasjem nadzornega fiduciarja.
For the re-marketing of apartments and other real estate, the maximum permissible LTV is […] % and the maximum annual volume of new business is limited to […] % of the annual volume of new retail mortgage business within each country.
Poleg tega je dovoljeno (financiranje) odhodkov za neposredno izboljšanje sredstev, ki bodo prodana, če je s tem mogoče znatno povečati možnosti za trženje.
For vehicles and equipment, the maximum annual volume of new business is limited to […] % of the annual volume of new retail vehicle and equipment business within each country.
To velja zlasti za sodne in upravne takse (npr. za popravke v lokalni zemljiški knjigi) ter v posameznih primerih za strukturne ali tehnične spremembe posameznih sredstev, za katere je potrebno soglasje nadzornega fiduciarja.
Fulfilment of existing contracts and commitments (e.g. real estate under construction, activation of leases to go) is not considered to be new business.
Likvidacija HBI
Reprivatisation of the operational entities
Da bi se preprečilo izkrivljanje konkurence med reševanjem banke Retail-Bank HBI in množično dvigovanje vlog ter da bi se omilile posledične potrebe HBI po dodatni likvidnosti, se bodo za HBI uporabljale naslednje določbe:
Reduction in balance sheet totals and market presence
HBI ne bo sklepala novih poslov, če ni v nadaljevanju določeno drugače.
On 31 December 2008 HGAA was active as an international financial group with 384 branches in twelve countries (Austria, Italy, Slovenia, Croatia, Bosnia and Herzegovina, Serbia, Montenegro, Bulgaria, Germany, the Former Yugoslav Republic of Macedonia, Ukraine, Hungary) in banking (retail, corporate, public), leasing (retail, corporate, real estate, motor vehicles, equipment) and shareholdings with a balance-sheet total of EUR 43,34 billion and risk-weighted assets (RWA) of EUR 32,83 billion.
Sredstva HBI bodo postopno zmanjšana s prodajo portfeljev ali posameznih sredstev, nadaljnjimi transakcijami za prestrukturiranje (tj. prenosi portfeljev in/ali sredstev na subjekt, ki bo likvidiran) ter tudi z amortizacijo obstoječih sredstev.
Soon after HGAA was nationalised, it withdrew from all new business in Bulgaria, the Former Yugoslav Republic of Macedonia, Ukraine, Hungary and Germany and ceased all non-strategic activities.
Likvidacija obveznosti v bilanci stanja HBI bo sledila likvidaciji sredstev v njeni bilanci stanja in jo bo slednja določila.
The subsidiaries in these countries were put into wind-down and are now being resolved in an orderly fashion.
Obveznosti HBI bodo tako zmanjšane sorazmerno z zmanjšanjem na strani sredstev.
The strategic new positioning has resulted in the closure of twelve of the former total of eighteen branches in the ‘wind-down countries’ of Bulgaria, the Former Yugoslav Republic of Macedonia, Ukraine, Hungary and Germany.
Trenutno so predvideni naslednji ključni koraki za likvidacijo HBI:
HGAA’s remaining market activities on 31 December 2012, i.e. the ‘operational entities’ within the meaning of section B.II.1, and the HBI, had a combined balance-sheet total of approximately EUR 17,54 billion and RWA of EUR 11,02 billion, which corresponded to merely some 40,5 % of HGAA’s group balance-sheet total and 33,6 % of RWA on 31 December 2008.
zmanjšanje sedanje bilančne vsote, ki znaša približno 3 milijarde EUR, za približno […] % do konca leta 2013 prek nadaljnjih prenosov portfeljev na lokalni subjekt, ki bo likvidiran (HLI),
Of these amounts,
zmanjšanje bilančne vsote preostalih terjatev s pogodbeno zapadlostjo s približno […] EUR na približno […] EUR do konca leta 2018,
HBA had a balance-sheet total on 31 December 2012 of some EUR 4,15 billion, representing approximately 59 % of its balance-sheet total on 31 December 2008 (EUR 7,05 billion) and only 10 % of HGAA’s group balance-sheet total on 31 December 2008 and RWA of EUR 1,23 billion (HBA on 31 December 2008: EUR 3,392 billion);
Da se zagotovi […] lastno refinanciranje HBI v fazi likvidacije in da se prepreči potreba po dodatni likvidnosti, lahko HBI […], če je to potrebno za preprečitev ali izravnavo nedoseganja obstoječega […].
HBI had a balance-sheet total on 31 December 2012 of EUR 3,28 billion, corresponding to approximately 65 % of its balance-sheet total on 31 December 2008 (EUR 5,02 billion) and only 8 % of HGAA’s group balance-sheet total on 31 December 2008, and RWA of EUR 2,54 billion (HBI on 31 December 2008: EUR 4,198 billion);
HBI bo nudila ali sprejemala samo vloge z nominalnimi obrestnimi merami, nižjimi od najboljših referenčnih obrestnih mer, ki jih bo v istem obdobju za primerljive proizvode nudilo pet vodilnih konkurentov banke HBI […], ki ne prejemajo pomoči.
the SEE network had a balance-sheet total on 31 December 2012 of EUR 10,11 billion, corresponding to 68,5 % of its balance-sheet total on 31 December 2008 (EUR 14,775 billion) and only 23 % of HGAA’s group balance-sheet total on 31 December 2008, and RWA of EUR 7,2 billion (SEE at 31 December 2008: EUR 12,623 billion);
Če zgoraj ni določeno drugače, se določbe v zvezi z delom za likvidacijo v oddelkih V.1 in V.2 smiselno uporabljajo za likvidacijo banke HBI.
The classification of HBI as a wind-down entity in the second half of 2013 reduces the combined balance-sheet total of the operational entities (HBA and SEE network) by a further 19 % compared with the existing data, corresponding to only approximately 33 % of HGAA’s group balance-sheet total and 26 % of RWA on 31 December 2008.
Nadzorni fiduciar
The remaining operational entities are to be privatised as quickly and efficiently as possible in accordance with section B.IV.3.
I. Imenovanje
After the operational entities have been completely privatised, HGAA’s balance sheet will still contain business to be wound down.
Avstrija bo zagotovila, da bo HGAA v skladu s spodaj navedenimi določbami imenovala nadzornega fiduciarja (v nadaljnjem besedilu: fiduciar), ki bo opravljal naloge in dolžnosti iz oddelka C.II.
Maintaining profitability until reprivatisation
Fiduciar mora biti neodvisen od HGAA in ne sme biti nikoli izpostavljen navzkrižju interesov, imeti pa mora strokovno znanje, potrebno za opravljanje svojega mandata.
Austria commits that HGAA will conduct the business of the operational entities with the objective of restoring and maintaining their long-term profitability in accordance with the provisions of the restructuring plan and its annexes (including this list of commitments).
HGAA fiduciarju plača nadomestilo na način, ki ne ovira neodvisnega in učinkovitega izvajanja njegovega mandata.
This commitment does not stand in the way of the restructuring of the operational entities and/or the transfer of individual assets or portfolios to the wind-down part, provided this is necessary to restore, maintain or optimise the prospects of reprivatisation.
Stroške za fiduciarja bo nosila HGAA, če je to zakonsko dovoljeno, sicer pa jih bo nosila Avstrija.
Earliest possible reprivatisation
Če bo Komisija podala soglasje, bo fiduciar […], ki je bil že imenovan v okviru izpolnjevanja zavez iz točke 12 priloge k sklepu Komisije o odobritvi z dne 5. decembra 2012, C(2012) 9255 final, še naprej deloval kot fiduciar.
Austria undertakes that the operational entities will be reprivatised at the earliest possible opportunity in accordance with this section.
Če bo Komisija namesto tega zahtevala, da se imenuje drug fiduciar, bodo veljale naslednje določbe.
References in this section B.IV.3. to the reprivatisation of the operational entities include the authorised reprivatisation of parts of the operational entities, if necessary.
Avstrija se zavezuje, da bo HGAA v ustreznih rokih predložila imena enega ali več kandidatov za fiduciarja.
Reprivatisation
Dolžnosti in obveznosti fiduciarja
The reprivatisation of an operational entity is deemed to have taken place if the Republic of Austria has sold 100 % of the shares or all the assets of the operational entity concerned to one or more purchasers not controlled by the Republic of Austria.
Fiduciar bo Komisiji vsako četrtletje poročal o izvajanju načrta prestrukturiranja in izpolnjevanju zavez.
Reprivatisation also includes the sale of all the shares held directly or indirectly by Austria in the operational entities as part of an IPO under normal market conditions.
V ta namen bo fiduciar Komisiji, Avstriji in HGAA po koncu vsakega četrtletja predložil osnutek pisnega poročila o izvajanju načrta prestrukturiranja in izpolnjevanju zavez.
Date of reprivatisation
Komisija lahko po potrebi podrobneje določi obseg poročila.
Reprivatisation is deemed to have taken place on the day on which a binding purchase contract for the acquisition of the operational entity governed by the law of obligations (‘purchase contract’) is signed.
Komisija, Avstrija in HGAA lahko predložijo pripombe o osnutku v dveh tednih od prejema osnutka (v nadaljnjem besedilu: rok za predložitev pripomb).
Where parts of an operational entity are sold to several purchasers, the effective date of privatisation is the day on which the last purchase contract is concluded.
Fiduciar bo Komisiji v štirih tednih po roku za predložitev pripomb predložil končno poročilo, ki mora vključevati vse pripombe.
In the event of an IPO, the effective date of a timely privatisation is the day on which the last share held directly or indirectly by Austria is placed on the market.
Izvod končnega poročila mora poslati tudi Avstriji in HGAA.
However, the entities sold through an IPO are no longer bound by the commitments in section B.III with effect from the day on which […] shares are placed on the market.
Dolžnosti in obveznosti Avstrije in HGAA
Reprivatisation deadline
Avstrija bo zagotovila, da imata Komisija in fiduciar med izvajanjem končne odobritve neomejen dostop do vseh informacij, potrebnih za spremljanje izvajanja končne odobritve.
HBA must be reprivatised by 31 December 2013 and the SEE network by 30 June 2015.
Banka HGAA bo fiduciarju nudila podporo, in sicer mu bo hitro pripravila in posredovala informacije.
Execution deadline
Komisija in fiduciar lahko od HGAA in Avstrije zahtevata razlage in pojasnila.
The sale of HBA must take place by […].
Avstrija in HGAA bosta v celoti sodelovali s Komisijo in fiduciarjem v zvezi s spremljanjem izvajanja končne odobritve.
Execution of contracts for the sale of the SEE network must take place by […].
Zamenjava in razrešitev fiduciarja
Extension of the execution deadlines
Če fiduciar ne izpolni svojih dolžnosti in obveznosti ali ne izpolnjuje (več) meril za ugotavljanje usposobljenosti (oddelek C.I.2), ga lahko HGAA razreši s soglasjem Komisije ali pa ga mora razrešiti, če ji Komisija po proučitvi argumentov fiduciarja predloži ustrezno utemeljeno zahtevo.
In the event of delays due to the absence of the necessary sale authorisations by a supervisory or competition authority, the Commission may agree to extend an execution deadline for the sale of the SEE network in accordance with 3.4 by a further […].
Če je fiduciar razrešen, ga mora zamenjati nov fiduciar.
Austria will submit an application in good time, in any event at least two weeks before the original execution deadline expires, and provide the Commission with confirmation from the Monitoring Trustee that the delay is due entirely to the authorising authority(ies) and confirmation that HGAA has taken all reasonable steps in order to bring about execution of the sale contract within the original deadline.
Novi fiduciar je imenovan v skladu s postopkom iz oddelka C.I.
Change of purchaser
Če je fiduciar razrešen, se lahko od njega zahteva, da nadaljuje svojo funkcijo, dokler je ne prevzame novi fiduciar.
If it transpires, after the timely reprivatisation but before the execution deadline has expired, that the purchaser of an entity is unable to fulfil the execution conditions or cannot fulfil them by the execution deadline, the sale may take place to a third party with the Commission’s agreement, provided that sale can be executed within the execution deadline for the first sale.
Razrešeni fiduciar mora novemu fiduciarju predati vse pomembne informacije.
Failure to meet the reprivatisation or execution deadlines
Razrešeni fiduciar lahko preneha svoje dejavnosti šele po tem, ko ga HGAA razreši njegovih nalog s soglasjem Komisije.
If a reprivatisation deadline under 3.3 or an execution deadline under 3.4 read in conjunction with 3.5 is not met, the entity concerned must cease new business from the day following the day on which the deadline expires.
Končne določbe
From that date, the provisions of this list of commitments that apply to the wind-down part shall apply to the entity concerned.
I. Poročanje o dodatni pomoči
Reprivatisation of the operational entities will take place either as part of an IPO under normal market conditions or, where allowed by law and possible without infringing commercial secrets, as part of an open, transparent and unconditional sale procedure involving the usual representations and warranties.
Reševanje pravnih sporov
V. Wind-down part
Ko bo fiduciar prejel ustrezno dokumentiran alternativni predlog skupine HGAA, bo ob posvetovanju s Komisijo v najkrajšem možnem času proučil, ali je predlog primeren ter ali upošteva končno odobritev in zadevno zakonsko obveznost HGAA.
Wind-down of existing business that preserves capital and value
Če je predlog primeren, bodo službe Komisije sprejele nadaljnje potrebne ukrepe v skladu z ustreznimi postopki.
Austria commits that HGAA, with effect from the date of adoption of the final approval, will wind down exclusively the business in its wind-down part on that date in a way that preserves capital and value.
Klavzula o posvetovanju
The assets in the wind-down part will be actively and effectively sold, liquidated or wound down.
V odgovor na ustrezno dokumentirano prošnjo Avstrije lahko Komisija po posvetovanju s fiduciarjem odobri podaljšanje rokov, določenih v zavezah, če Avstrija obljubi, da bo v navedenem roku dosežen določen rezultat, in lahko prekliče, spremeni ali nadomesti eno ali več dolžnosti ali pogojev v teh zavezah.
In principle the assets must be sold as quickly as possible.
Subjekti, ki so pod neposrednim nadzorom državnega ali poddržavnega organa ali so gospodarsko povezani z državnim ali poddržavnim organom.
HGAA undertakes to sell these assets as soon as it is possible to achieve at least the asset book value as sale proceeds, unless the sale price is considered clearly inappropriate on the basis of an incontestable, objective valuation.
Izraz „posel s pomembnim tveganjem“ je opredeljen v skladu s kreditnimi načeli skupine (Group Credit Principles) in zato zajema vse kreditne posle in posle zakupa, ki vključujejo nasprotno stranko in/ali tveganja del credere.
All assets that cannot be sold under 1.3 will expire at term.
Čeprav omejitve za nove posle iz točk 4.1.1–4.1.6 ne veljajo za podaljšanja z največjo zapadlostjo […],morajo takšni posli kljub temu dosledno upoštevati politike HGAA v zvezi s tveganji in druge zadevne predpise.
No new business in the wind-down part
Glede na metodologijo HGAA za merjenje izpostavljenosti to pomeni, da se neporabljeni del obstoječih odobrenih okvirnih posojil ne bo obravnaval kot nov posel.
Austria commits that, with effect from the date of adoption of the final approval, no new business will be concluded in the wind-down part.
HGAA je bila nacionalizirana 23. decembra 2009.
Save as otherwise provided for below under 2.2 und 2.3, from that date all HGAA companies, with the exception of the operational entities, will wind down only their existing business on that date.
V zvezi s tem je Komisija v svojem sklepu z dne 23. decembra 2009 v zadevah C 16/2009 in N 698/2009 [6] (v nadaljnjem besedilu: sklep o reševanju iz decembra 2009) začasno odobrila več ukrepov pomoči na podlagi člena 107(3)(b) Pogodbe o delovanju Evropske unije (v nadaljnjem besedilu: Pogodba) do predložitve verodostojnega načrta prestrukturiranja HGAA Komisiji.
Prolongations with existing customers remain allowed in the wind-down part too if there is a realistic and plausible prospect, supported by evidence, that a prolongation will improve the future serviceability or future utilisation of the financing.
Italijanska HBI je nove posle ustavila do 1. julija 2013.
Prolongations will not be granted for longer than […]; justified exceptions with longer extension periods are to be disclosed to the Monitoring Trustee and adequately justified in each individual case.
Druge hčerinske družbe v postopku likvidacije so hrvaška lizing družba (HLC) in hrvaška enota za likvidacijo, ki izvira iz prenesenih bančnih sredstev (H-ABDUCO), avstrijska lizing družba (HLA), nemška lizing družba (HLG), v Črni gori lizing družba (HLA) in enota za likvidacijo, ki izvira iz prenesenih bančnih sredstev (HDM), madžarska lizing družba (HLHU), bolgarska lizing družba (HLBG), lizing družba v NJRM (HLMK), lizing družba v Ukrajini (HLUA), v Bosni in Hercegovini lizing družba HETA BiH in enota za likvidacijo, ki izvira iz prenesenih bančnih sredstev (BORA), lizing družbi HLSE in HRSE v Srbiji, TCK in TCV v Sloveniji, ki sta dva subjekta, ki izvirata iz prenesenih bančnih dejavnosti in dejavnosti lizinga, ter lizing družba HLI v Italiji [14].
Even at the end of the restructuring period all wind-up activities must be resolved as quickly as possible.
V skladu z odločitvijo avstrijskega nadzornega organa je morala skupina HGAA do 31. decembra 2012 izpolniti zahtevo po povečanju deleža kapitala na 12,04 %.
The following continue to be admissible:
Zato je HGAA od avstrijskih organov prejela:
transactions which are necessary in the context of liquidity management in the wind-down part, i.e. central bank transactions;
Da bi zagotovil likvidnost HGAA, je BayernLB ponovno izdal bančno kreditno linijo, ki je potekla decembra 2009, v višini […] EUR.
management of the cover pools in the wind-down part, where no new asset business is transacted, save as provided by the rule in indent 4;
Poleg tega je bilo dogovorjeno, da bo HGAA do 31. decembra 2013 obdržala obstoječa finančna sredstva znotraj skupine v višini […] EUR, ki jih je prejela od BayernLB.
derivative transactions which are necessary in order to manage interest-rate, currency and credit risks in the existing portfolio, e.g. asset swaps, provided that they reduce HGAA’s overall market risk position;
V letu 2014 bi BayernLB v skupini HGAA pustil finančna sredstva v višini […] EUR, v letu 2015 pa […] EUR.
transactions that are necessary for regulatory or other legal reasons, including the acquisition, holding and sale of securities authorised for the management of HGAA’s cover pools and liquidity;
Avstrija bo jamčila za navedene zneske v primeru razdelitve skupine HGAA ali v primeru, da bo sprejet drug ekonomsko primerljiv ukrep, ki ne bo zagotovil uspešnega poslovanja HGAA [17].
business concluded by the wind-down entity for its own refinancing, including new issues and buying back of debt;
V primeru dobička se bodo za Partizipationskapital v poslovnem letu 2013 začele izplačevati 6-odstotne dividende.
the purchase of moveable and immovable assets in the context of court-supervised and extra-judicial auctions and private transfer to take possession of securities;
Partizipationskapital v skupnem znesku 181 milijonov EUR, ki je bil vložen na začetku, se je zaradi zmanjšanja kapitala (Kapitalschnitt) znižal na približno 55 milijonov EUR,
fulfilment of existing contracts and commitments (e.g. real estate under construction, activation of leases to go, reclassification of finance leases as operating leases and vice versa);
Strategijo širjenja so omogočili ugodni stroški financiranja HGAA zaradi državnih jamstev zvezne dežele Koroške (Ausfallshaftung), ki so se zvišala s 4,9 milijarde EUR 31. decembra 2002 na 20,7 milijarde EUR 31. decembra 2009.
re-leasing of assets (short to medium-term), where it is not possible to sell the assets in the short term and preserve value, in order to reduce or avoid costs (maintenance, etc.).
Zaradi dostopa do ugodnega financiranja je HGAA zapostavila ustvarjanje lokalnih vlog.
In addition, transactions with HGAA group companies remain authorised (provided that their purpose is the prolongation of refinancing lines) and transactions with buyers of HGAA assets (shareholdings, portfolios, etc.), which are carried out in connection with the reprivatisation and are necessary for the successful sale of the entities/assets concerned (e.g. seller financing, extension by HGAA of collateral granted — such as guarantees — in favour of the buyer, etc.).
HGAA je med letoma 2002 in 2006 vsako leto ustvarila dobiček, razen v letu 2004.
In the case of engagements whose performance is affected, the wind-down entity may, as part of the recovery and resolution, make adjustments to the transaction with the respective debtor of the reference commitment concerned, provided that these measures can be regarded as preserving value or reducing risk without causing distortions of competition, which must be substantiated in writing to the Monitoring Trustee in every case.
Vendar je poslovni model zakril tveganja, povezana z zmanjšanjem kakovosti sredstev in financiranjem, zato banka ni ustrezno prenovila in razvila postopkov notranjega nadzora in obvladovanja tveganj, ki bi jih po razširitvi potrebovala za zadovoljitev svojih spremenjenih potreb.
Adjustments to the transaction are changes to the engagement, for example interest-rate adjustments, deferrals, rescheduling of maturity, assumption of an obligation, prolongations and debt conversion, e.g. through the conclusion of new credit agreements for the same amount, changes to collateral or changes to financial ratios or waiving the legal effects of financial ratios.
V skladu z načrtom za likvidacijo se bo bilančna vsota HGAA zmanjšala za 85 %, in sicer s 43,3 milijarde EUR konec leta 2008 na 6,56 milijarde EUR leta 2017.
The adjustments referred to in this paragraph may have a maturity extension of […]; adjustments exceeding this may be undertaken only with the approval of the Monitoring Trustee.
V istem obdobju se bo njena tveganju prilagojena aktiva zmanjšala za 85 %, in sicer z 32,8 milijarde EUR konec leta 2008 na 4,75 milijarde EUR.
Furthermore, (financing of) expenditure on direct enhancements of assets to be sold is authorised, if by so doing it is possible to significantly increase the chances of marketing.
Na splošno je načrt za likvidacijo osredotočen na dokončno prodajo HBA, ki se je že začela, in na povečanje privlačnosti mreže v jugovzhodni Evropi s ciljem prodaje vseh subjektov v jugovzhodni Evropi najpozneje do 30. junija 2015.
This concerns in particular legal fees and administrative charges (e.g. for corrections to the local land register) and, in individual cases, structural/technical changes to individual assets, for which agreement by the Monitoring Trustee is required.
Zato je Avstrija sprejela več zavez za kakršne koli nove posle, da bi zagotovila ustrezno ravnovesje med tveganjem in donosnostjo, dokler se subjekti v jugovzhodni Evropi ne prodajo.