natgillin/translations-raw huggingface dataset:
Foreign subsidiaries
je kumulativna nakupna cena, ki jo skupina plača za vse pridobitve od datuma začetka veljavnosti zavez do konca obdobja prestrukturiranja, nižja od [[…] %] bilančne vsote skupine na datum začetka veljavnosti zavez.
all banking and non-banking subsidiaries of the Bank outside Greece.
Dejavnosti, za katere se ne uporablja prepoved prevzemov
the Bank's Greek banking activities independently from where the assets are booked.
prepoved pridobitve ne vključuje pridobitev, ki se izvedejo pri običajnem poteku bančnega poslovanja za upravljanje obstoječih terjatev v zvezi s podjetji, ki so v težavah.
Greek non-banking activities
Prepoved oglaševanja
the Bank's Greek non-banking activities independently from where the assets are booked.
Helenska republika se zavezuje, da se skupina pri oglaševanju ne bo sklicevala na državno podporo in ne bo uporabljala agresivnih komercialnih strategij, ki se ne bi uresničile brez podpore Helenske republike.
Greek subsidiaries
POGLAVJE IV.
all Greek banking and non-banking subsidiaries of the Bank.
SKRBNIK SPREMLJANJA
Monitoring Trustee
Helenska republika se zavezuje, da bo skupina spremenila in podaljšala mandat skrbnika spremljanja, ki ga je odobrila Komisija in imenovala skupina 16. januarja 2013, do konca obdobja prestrukturiranja.
one or more natural or legal person(s), independent from the Bank, approved by the Commission and appointed by the Bank; the Monitoring Trustee has the duty to monitor the Bank's compliance with the Commitments.
Skupina prav tako razširi področje uporabe tega mandata, da bi vključevalo spremljanje (i) načrta prestrukturiranja in (ii) vseh zavez iz tega kataloga.
Purchaser
Helenska republika štiri tedne po datumu začetka veljavnosti zavez predloži Komisiji vse pogoje spremenjenega mandata, ki vključujejo vse določbe, ki so potrebne, da lahko skrbnik spremljanja izpolnjuje svoje dolžnosti v okviru teh zavez.
one or more natural or legal person(s) to acquire, in whole or in part, the Divestment Business.
Dodatne določbe o skrbniku spremljanja so opredeljene v ločenem dokumentu.
Sale
Generalna sekretarka
the sale of 100 % of the shareholding held by the Bank, unless the individual Commitment states otherwise.
Uredba Sveta (ES) št. 659/1999 z dne 22. marca 1999 o določitvi podrobnih pravil za uporabo člena 108 Pogodbe o delovanju Evropske unije (UL L 83, 27.3.1999, str.
For the purpose of the Commitments, the singular of those terms shall include the plural (and vice versa), unless the Commitments provide otherwise.
1).
CHAPTER II.
Ta znesek ne vključuje stroškov jamstvenega sklada za vloge in naložbe/Skelos Exygiansis (sheme za reševanje bank).
RESTRUCTURING COMMITMENTS
To se ne uporablja za prodajo nepremičnin, pri kateri lahko skupina zagotovi financiranje za kupca, če je to novo posojilo opravljeno v skladu s prakso preudarnega dodeljevanja posojil.
Number of branches in Greece: The number of branches in Greece shall amount to […] at the maximum on 31 December 2017.
Za preverjanje skladnosti z zavezo glede zmanjšanja finančnega vzvoda negrške aktive se bodo upoštevala kakršna koli nova posojila, ki spadajo pod opredelitev negrške aktive.
Number of employees in Greece: The number of Full Time Equivalents (the ‘FTEs’) in Greece (Greek banking and non-banking activities) shall amount to […] at the maximum on 31 December 2017.
Za namen te zaveze se izraz „posojila“ razlaga v širšem smislu kot katera koli vrsta financiranja, npr. kredit, jamstvo itd.
Total costs in Greece: The total costs in Greece (Greek banking and non-banking activities) shall amount to EUR […] million at the maximum on 31 December 2017 [2].
Izraz „druge banke“ se nanaša na katero koli banko – finančno institucijo na svetu.
Costs of deposits in Greece: In order to restore its pre-provisioning profitability on the Greek market, the Bank shall decrease the cost of funding through the decrease of cost of deposits collected in Greece (including savings, sight and term deposits, and other similar products offered to customers and which costs are borne by the Bank) […].
Ta zaveza zajema vse posojilojemalce, vključno z zasebnimi bančnimi strankami skupine.
Ratio net loans to deposits in Greece: For the Greek banking activities, the ratio net loans to deposits shall amount at the maximum to 115 % on 31 December 2017. […]
Dodeljevanje novih posojil zajema tudi obnavljanje in prestrukturiranje obstoječih posojil.
Support to operations in Turkey: Until 30 June 2018, the Bank shall not provide additional […].
„letni % osnovnega kapitala Y-1“ pomeni na novo dodeljena posojila kot odstotek osnovnega kapitala na koncu prejšnjega leta.
The Bank shall not indirectly support Finansbank by any transfer of loans or any other assets to another entity of the Bank.
Višina tveganju prilagojene aktive pomeni višino ob koncu leta.
Disposal of […] of […] foreign businesses and […] of Finansbank by 30 June 2018: The Bank shall sell (signing) by 30 June 2018 its foreign subsidiaries in […] and its branch operating in […] to reduce its international activities.
Za namen te zaveze se podjetje zasebnega lastniškega kapitala/tveganega kapitala v skupini izključi iz področja uporabe te zaveze.
Sale of […]: […]
Skupina v zvezi s tem predloži Komisiji uradno zahtevo, ki vključuje poslovni načrt za ta subjekt.
Sale of securities: The portfolio of listed securities, defined as follows, shall be divested by […] while the portfolio of unlisted securities shall be divested by […]: these portfolios include all equity investments larger than EUR […] million, as well as all investments in subordinated bonds and hybrid bonds, excluding […].
Za namen te zaveze je bilanca stanja enaka bilančni vsoti skupine.
Disposal of private equity subsidiary: The Bank shall divest NBG Private Equity Funds by […].
Če Komisija odobri odpravo prepovedi prevzemov v skladu s točko (i) odstavka 28 poglavja III zavez, se bilanca stanja skupine na datum začetka veljavnosti zavez izračuna tako, da se vključijo tudi sredstva prevzetih subjektov ali prevzeta sredstva na dan prevzema.
For any sale under these commitments, the Hellenic Republic commits that:
Dodatek I
a.
MAKROEKONOMSKE NAPOVEDI ZA GRŠKE DOMAČE DEJAVNOSTI
The Purchaser shall be independent of and unconnected to the Bank;
% letne rasti (če ni navedeno drugače)
b.
Kumulativna stopnja rasti 2013–2017
For the purpose of acquiring the Divestment Business, the Purchaser shall not be financed directly or indirectly by the Bank [3];
Realni BDP
c.
Nominalna rast posojil v Grčiji
The Bank shall, for a period of 5 years after the closing of the sale, not acquire direct or indirect influence over the whole or part of the Divestment Business without a pre-approval from the Commission.
Cene nepremičnin
Investment policy: Until 30 June 2017, the Bank shall not purchase non-investment grade securities.
Nominalni razpoložljivi dohodek gospodinjstev
This Commitment shall not apply to the following securities (the Exempted Securities):
Brezposelnost (%)
Salary cap: Until […], the Bank will not pay to any employee or manager a total annual remuneration (wage, pension contribution, bonus) higher than […].
Stopnja refinanciranja ECB (%)
In case of a capital injection from HFSF, the remuneration cap will be re-evaluated according to the European Banking Communication of 1 August 2013. […]
Vrh dodeljevanja nedonosnih posojil
CHAPTER III.
esečni Euribor (povprečje v %)
COMMITMENTS ON CORPORATE GOVERNANCE AND COMMERCIAL OPERATIONS– PROLONGATION AND AMENDMENTS
Dostop do kapitalskih trgov – repo posli
The Bank shall continue to implement the Commitments on Corporate Governance and Commercial Operations, as submitted by the Hellenic Republic on 20 November 2012, with the subsequent amendments provided in Chapter III of the Commitments, until 30 June 2018. […]
DA – brez omejitve
In case an individual Commitment does not apply at the Bank's level, the Bank shall not use the subsidiaries or activities not covered by that individual Commitment to circumvent the Commitment.
Dostop do kapitalskega trga – krite/nadrejene nezavarovane obveznice
Section A.
DA – posamezno do 500 milijonov EUR
Setting up an efficient and adequate internal organisation
DA – posamezno do 1 milijarde EUR
The Bank, excluding its foreign subsidiaries, shall abide at all times with the totality of the provisions of law 3016/2002 on Corporate Governance and law 2190/1920 on the Sociétés Anonymes and especially the provisions in connection to the functions of corporate bodies such as the shareholders' meeting and Board of Directors in order to secure a clear distribution of responsibilities and transparency.
Grški organi so ta ukrep priglasili Komisiji 27. decembra 2012.
The powers of the shareholders' meeting shall be restricted to the tasks of a general meeting in line with company law, in particular as regards rights related to information.
Komisija je te ukrepe evidentirala kot zadevo SA.36007 (2013/NN).
More extensive powers, which would allow improper influence on management, shall be rescinded.
Grški organi so 29. julija 2013 Komisiji priglasili financiranje likvidnostne vrzeli v skupnem znesku 238 milijonov EUR, kot je Banka Grčije ocenila na podlagi podatkov z dne 31. marca 2013.
Responsibility for day-to-day operational management shall clearly rest with the executive Directors of the Bank.
Komisija je to priglasitev in nadaljnje informacije grških organov evidentirala kot zadevo SA.37156 (2014/NN).
The Bank, excluding its foreign subsidiaries, shall comply at all times with the Hellenic Financial Stability Fund (the ‘HFSF’) Relationship Framework.
Grške banke so sodelovale v programu PSI, v katerem je grška vlada obstoječim zasebnim imetnikom obveznic ponudila nove vrednostne papirje (vključno z novimi grškimi državnimi obveznicami (v nadaljnjem besedilu: GDO), vrednostnimi papirji, vezanimi na BDP, in obveznicami PSI, ki jih je izdal evropski instrument za finančno stabilnost (v nadaljnjem besedilu: EFSF)) v zameno za obstoječe GDO s 53,5-odstotno nominalno diskontno stopnjo in daljšimi ročnostmi [14].
The Bank shall abide by the provisions of Governor's Act 2577/9.3.2006, as in force, in order to maintain, on an individual and a group basis, an effective organisational structure and an adequate Internal Control System including the three key pillars, namely the Internal Audit, Risk Management and Compliance functions and best international corporate governance practices.
Grški organi so rezultate navedene izmenjave obveznic objavili 9. marca 2012 [15].
The Bank shall have an efficient organisational structure, so as to ensure that the Internal Audit and the Risk Management departments are fully independent from commercial networks and report directly to the Board of Directors.
Izmenjava je povzročila velike izgube za imetnike obveznic (ki jih je Banka Grčije ocenila na povprečno 78 % nominalne vrednosti starih GDO za grške banke) in kapitalske potrebe, ki so bile vknjižene za nazaj v računovodske izkaze grških bank za leto 2011.
An Audit Committee and a Risk Committee– created within the Board of Directors– shall assess all issues raised by those respective departments.
Grške banke so imele zaradi programa PSI in nadaljevanja recesije znatne kapitalske primanjkljaje, zato so bila z memorandumom o gospodarskih in finančnih politikah drugega programa prilagajanja za Grčijo med grško vlado, Evropsko unijo, Mednarodnim denarnim skladom (MDS) in Evropsko centralno banko (ECB) z dne 11. marca 2012 dana na voljo sredstva za dokapitalizacijo navedenih bank.
An adequate Internal Audit Charter and Risk Management Charter shall specify the roles, responsibilities and resources of those departments.
Grški organi so skupno potrebo po dokapitalizaciji bank ter stroške reševanja, ki naj bi se financirali na podlagi tega programa, ocenili na 50 milijard EUR [17].
Those charters shall comply with international standards and secure a full independence to the departments.
Ključne komponente ocene kapitalskih potreb na podlagi stresnega testa iz leta 2013 so bile (i) napovedi kreditne izgube [24] za portfelje posojil bank na konsolidirani podlagi za grško in tuje tveganje, brez obstoječih rezervacij za posojila, ter (ii) ocenjena donosnost iz poslovanja bank za obdobje od junija 2013 do decembra 2016 na podlagi zadržane prilagoditve načrtov prestrukturiranja, ki so bili Banki Grčije predloženi v četrtem četrtletju 2013.
A Credit Policy shall provide guidance and instructions regarding the granting of loans, including the pricing of loans and the restructuring of loans.
V preglednici 4 je povzet izračun kapitalskih potreb za glavne grške banke na konsolidirani podlagi v osnovnem scenariju za stresni test iz leta 2013.
The Bank shall make public to the competent authorities the list of shareholders holding at least 1 % of ordinary shares.
Skupina je sodelovala v programu PSI; zamenjala je GDO in državna posojila z nominalno vrednostjo 14749 milijonov EUR.
Section B.
Njeni skupni stroški v zvezi s PSI so znašali približno 11735 milijonov EUR pred obdavčitvijo in so bili v celoti knjiženi v izkazih za leto 2011 [29].
Commercial practices and risk monitoring
Banka Grčije je 22. junija 2012 dokončno določila, da likvidnostna vrzel banke Lesvos-Limnos znaša 56,6 milijona EUR.
General principles
GSFS je 20. julija 2012 kril neizplačani del likvidnostne vrzeli.
The Credit Policy shall specify that all customers shall be treated fairly through non-discriminatory procedures other than those related to credit risk and ability to pay.
Banka Grčije je 22. junija 2012 dokončno določila, da likvidnostna vrzel banke Achaia znaša 212,9 milijona EUR.
The Credit Policy defines the thresholds above which the granting of loans must be approved by higher levels of management.
GSFS je 20. julija 2012 kril neizplačani del likvidnostne vrzeli.
Similar thresholds shall be defined regarding the restructuring of loans and the handling of claims and litigations.
Banka Grčije je 22. junija 2012 dokončno določila, da likvidnostna vrzel banke Lamia znaša 56,3 milijona EUR.
The Credit Policy shall centralise in selected centres the decision-making process at national level, and provide clear safeguards to ensure a consistent implementation of its instructions within all the Greek banking activities.
GSFS je 20. julija 2012 kril neizplačani del likvidnostne vrzeli.
For all the Greek banking activities, the Bank shall fully incorporate the Credit Policy rules in their loan origination and loan refinancing workflow and disbursement systems.
Banka Lesvos-Limnos
Specific provisions
Banka Achaia
The specific provisions listed in paragraphs (8) to (18) of Chapter III of the Commitments shall apply to the Greek banking activities, unless explicitly stated otherwise
Banka Lamia
The Credit Policy shall require that the pricing of loans and mortgages to comply with strict guidelines.
Banka FB je sodelovala v programu PSI in zamenjala GDO z nominalno vrednostjo 70 milijonov EUR.
Those guidelines shall include the obligation to respect strictly the credit policy's standard tables of interest rate bands (ranges) depending on the maturity of the loan, the credit risk assessment of the customer, the expected recoverability of pledged collateral (including the time frame to a potential liquidation), the overall relationship with the Bank (e.g. level and stability of deposits, fee structure and other cross-sales activities) and the funding cost of the Bank.
Kot je prikazano v preglednici 2, so njeni skupni stroški v zvezi s programom PSI znašali približno 49 milijonov EUR pred obdavčitvijo.
Specific loan asset classes are generated (e.g. commercial loan, mortgage, secured/unsecured, etc.) and their pricing framework is tabulated to an appropriate Credit Policy table that shall be updated on a regular basis by the Credit Committee.
Po prvotni oceni Banke Grčije v času reševanja [50] je bila vrednost obveznosti, prenesenih z banke FB na skupino, ocenjena na 1402 milijona EUR, medtem ko je bila vrednost prenesenih sredstev ocenjena na 878 milijonov EUR, razlika pa je likvidnostna vrzel v višini 524 milijonov EUR.
Any exception must be duly authorised by the Credit Committee, or at lower level of authority when allowed by the Credit Policy.
GSFS je kril likvidnostno vrzel na podlagi člena 63D(13) zakona 3601/2007 ter 28. junija 2013 izplačal dve tretjini ocenjene likvidnostne vrzeli, tj. 349,6 milijona EUR.
Tailor-made transactions such as syndicated loans or project finance shall respect the same principles, with due account being taken of the fact that they may not fit in standardised credit policy tables.
Ko je Banka Grčije 7. novembra 2013 [51] izračunala, da likvidnostna vrzel znaša 457 milijonov EUR, je GSFS 13. novembra 2013 [52] skupini izplačal razliko 107,4 milijona EUR.
Infringements of that pricing policy shall be reported to the Monitoring Trustee.
Banka Probank je sodelovala v programu PSI in zamenjala grške državne obveznice z nominalno vrednostjo 415 milijonov EUR.
The Risk Management Department shall be responsible for the assessment of credit risk and the valuation of collateral.
Kot je prikazano v preglednici 2, so njeni skupni stroški v zvezi s programom PSI znašali približno 295 milijonov EUR pred obdavčitvijo.
When assessing the loan quality, the Risk Management Department shall act independently, providing its written opinion so as to ensure that criteria used in the assessment are applied consistently over time and among customers and in respect of the Bank's credit policy.
Natančneje so bila lastna sredstva banke Probank negativna in so bila na podlagi podatkov z dne 31. marca 2013 na konsolidirani podlagi ocenjena na –16 milijonov EUR.
Regarding loans to individuals and legal entities, for all the Greek banking activities, on the basis of the best international practices, the Bank shall apply strict individual and aggregated limits governing the maximum loan amount that can be granted to a single credit risk (if at all allowed under Greek and EU law).
Banka Probank zato ni izpolnila svojih minimalnih kapitalskih zahtev, njena lastna sredstva pa so bila nižja od minimalnega delniškega kapitala za banko, kot določa člen 5(4)(a) zakona 3601/2007.
Those limits shall take into account the maturity of the loan and the quality of any collateral/security provided and shall be set against key benchmarks including against capital.
Po prvotni oceni Banke Grčije v času reševanja [57] je bila vrednost obveznosti, prenesenih z banke Probank na skupino, ocenjena na 3198,9 milijona EUR, medtem ko je bila vrednost prenesenih sredstev ocenjena na 2961,4 milijona EUR, razlika pa je likvidnostna vrzel v višini 237,6 milijona EUR.
Granting loans [4] to enable borrowers to purchase shares or hybrid instruments of the Bank and other banks [5] shall be prohibited, whoever are those borrowers [6].
GSFS je kril likvidnostno vrzel podlagi člena 63D(13) zakona 3601/2007 ter 9. avgusta 2013 v gotovini izplačal dve tretjini ocenjene likvidnostne vrzeli, tj. 158,4 milijona EUR.
This provision shall apply and shall be monitored at the Bank's level.
Likvidnostna vrzel je po končanem izračunu Banke Grčije 30. decembra 2013 znašala 562,7 milijona EUR [58].
All loan requests by non-connected borrowers greater than [[…] % of the Bank's RWA] or any loan which keeps the exposure to one group (defined as a group of connected borrowers that represent a single credit risk) higher than [[…] % of the Bank's RWA] shall be reported to the Monitoring Trustee, which may, if the conditions do not appear to be set at arm's-length or if no sufficient information has been provided to the Monitoring Trustee, postpone the granting of the credit line or the loan by […] working days.
Na dan 30. novembra 2013 [60] so jamstva, ki so bila dodeljena skupini, znašala 14,8 milijarde EUR.
In emergency cases, that period may be reduced to […] working days provided sufficient information has been provided to the Monitoring Trustee.
Na ta datum so neporavnana posojila državnih obveznic skupini znašala 847 milijonov EUR.
That period will enable the Monitoring Trustee to report the case to the Commission and the HFSF before any definitive decision is taken by the Bank.
Do 15. aprila 2011 je skupina prejela posojila državnih obveznic v višini 787 milijonov EUR ter državna jamstva v višini 12,9 milijarde EUR.
The Credit Policy shall give clear instructions on the restructuring of loans.
Kot je razvidno iz preglednice 3, ukrep B1 ni v celoti kril kapitalskih potreb, opredeljenih s stresnim testom iz leta 2012.
It clearly defines which loans are eligible, under which circumstances, and indicates the terms and conditions that can be proposed to eligible customers.
Skupina bi morala kapital zbrati s prihodnjim povečanjem kapitala, premostitvena dokapitalizacija pa naj bi bila namenjena le ohranjanju upravičenosti skupine do financiranja ECB, dokler se ne bi izvedlo povečanje kapitala.
For all the Greek banking activities, the Bank shall ensure that all restructurings aim at enhancing the future recoveries by the Bank, thus safeguarding the interest of the Bank.
Prvi izvršilni datum je 26. december 2013, nato pa se lahko nakupni boni izvršujejo vsakih šest mesecev do 26. decembra 2017.
In no case the restructuring policy will jeopardise the future profitability of the Bank.
Izvršilna cena je enaka vpisni ceni v višini 4,29 EUR, povečani za letno obrestno mero (4 % za prvo leto, 5 % za drugo leto, 6 % za tretje leto, 7 % za četrto leto in nato 8 % anualizirano za zadnjih šest mesecev) [73].
For that purpose, the Bank's Risk Management Department shall be responsible for developing and deploying adequate restructuring effectiveness reporting mechanisms, for performing in-depth analyses of internal and/or external best practices, reporting its findings at least on a quarterly basis to the Credit Committee and the Board Risk Committee, suggesting actionable improvements to the processes and policies involved and oversee and reporting on their implementation to the Credit Committee and the Board Risk Committee.
Kar zadeva Grčijo, je glavna prednostna naloga skupine povrniti visoko donosnost in uspešnost njenega bančnega poslovanja v Grčiji do konca obdobja prestrukturiranja, tj. do 31. decembra 2018.
For all the Greek banking activities, the Bank shall enact a claim and litigation policy aiming at maximising recovery and preventing any discrimination or preferential treatment in the management of litigations.
Načrt prestrukturiranja zato vključuje vrsto ukrepov, namenjenih izboljšanju operativne učinkovitosti in neto obrestne marže skupine, ter ukrepe za izboljšanje njenega kapitalskega položaja in strukture bilance stanja.
The Bank shall ensure that all necessary actions are taken to maximise the recoveries for the Bank and protect its financial position in the long-term.
Oslabitve naj bi po pričakovanjih znašale manj kot […] % posojil strank v obdobju 2014–2018, donos sredstev pa naj bi v letu 2018 znašal […] %.
Any breach in the implementation of that policy shall be reported to the Monitoring Trustee.
Donos lastniškega kapitala banke Finansbank bo skozi celotno obdobje ostal visok.
The Bank shall monitor credit risk through a well-developed set of alerts and reports, which enable the Risk Management Department to: (i) identify early signals of loan impairment and default events; (ii) assess recoverability of the loan portfolio (including but not limited to alternative repayment sources such as co-debtors and guarantors as well as collateral pledged or available but not pledged); (iii) assess the overall exposure of the Bank on an individual customer or on a portfolio basis; and (iv) propose corrective and improvement actions to the Board of Directors as necessary.
Skupina je najprej leta 2009 zbrala zasebni kapital z izdajo pravic v višini 1247 milijonov EUR.
The Monitoring Trustee shall be given access to that information.
Leta 2010 je ponovno zbrala 1815 milijonov EUR [92] zasebnega kapitala na trgu.
Provisions applying to connected borrowers
Kot je navedeno v uvodni izjavi 109, je prek dokapitalizacije iz pomladi 2013 zbrala tudi 1079 milijonov EUR kapitala od zasebnih vlagateljev.