Possibilities of Financing of - PowerPoint Presentation

Slide1

Possibilities of Financing of

Czech - Turkish Export Contracts

Mr. Martin Maar Head of Trade and Export Finance14th and 15th January 2015Ankara, Istanbul

Raiffeisenbank

, a.s.

Prague

Czech Republic,

Europe

Raiffeisen Bank International AG (RBI)

Selected

key

figures

Customers: 14.5 million Business outlets: 3,000 Employees: > 56,000 Average profit before tax (2008-2013): > € 1.1 billion Average profit after tax (2008-2013): € 850 million Market capitalisation: € 7.1 billion

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A leading corporate and investment bank for Austria‘s Top 1,000 companies and for Western European commercial customers A leading universal bank in CEE with the largest network of any Western banking groupInternational rating: Moody‘s Long-term: A2 Short-term: P-1 Financial strength D+ S & P Long-term: A Short-term: A-1Home market Austria and Central and Eastern Europe (CEE)Further focus on Asia Listed on the Vienna Stock Exchange

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Raiffeisen

Bank International AG

Network in Europe

North

America

USAWestern EuropeFranceGermanyAustriaSwedenUnited KingdomCentral Europe- Czech Republic Hungary Poland Slovakia Slovenia South-Eastern Europe AlbaniaBosna and HerzegovinaBulgariaCroatiaKosovoRomania Serbia CIS - Belarus KazakhstanMoldova Russia Ukraine 3Asia - China - Hong Kong - South Korea - Singapore - Vietnam - Malaysia - India

Raiffeisen Bank International AGAbroad International ECA

Cooperation

Finalized

Transactions

with

International ECAs ONDEDCHBORFINNVERACOFACEEULER-HERMES

MEHIB

SACEKUKEGIEKEXIMBANKA

EXIMBANKA SR

SID

US EXIM

EKN

ATRADIUS

OEKB

EGAP

CESCE

SERV

K-SURE

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Czech Republic – Country

P

rofilePopulation: 10.5 mil. in 2013Land Area: 78,866 sq. km.Capital city: PragueGDP per capita (PPP): 26,300 in 2013

Rating

Agency

Rating LT –

local CCYRating LT – foreign CCYOutlookMoody´sA1A1stableS&PA AA A -stable

Fitch

A A -A+stable5International rating of the country

Raiffeisenban

k a.s., Czech Republic –

Overview

Established in 1993

U

niversal

bank5th largest bank in the country according the asset size Total Assets: 9.756 billion USD (end 2013)Own Funds Ratio: 15.2% (end 2013)Tier 1 Ratio – Basel II: 10.9% (end 2013) 2,700 staff members (end 2013)6 large corporate teams, 17 corporate centers and 125 retail branch offices in the Czech Republic2008 merger of E - banka, Head Office moved to new address 2011 – introduction of Friedrich Wilhelm Raiffeisen – new private banking service brandJune 2012 increase of share capital by CZK 1,846 bn up to CZK 9,357 bnMay 2013 increase of share capital by CZK 835,4 mioApril 2013 – license gained for new 100% subsidiary Raiffeisen Investment Company

Recent

history:6

Raiffeisenbank

a.s., Czech Republic

Products for Expoters / Importers:

International

payments

in USD, EURDocumentary payments (letters of credit, documentary collections, discouting, forfaiting)Issuance of bank guarantees (bid bonds, advance payment guarantees, performance bonds, warranty bonds)Export financing – buyer’s credits (with Czech ECA „EGAP“insurance)Pre-export financing of production cycle (with/without ECA insurance)Financing of investments by Czech entities abroadPurchase of receivablesCurrency conversions and hedging against

foreign exchange and

interest rates risksFactoring7

Raiffeisenbank a.s., Czech RepublicOther P

roducts Related to L/C

Raiffeisenbank offers

processing

of

following products related to export L/C:Post-financing - can be provided to the issuing bank in case of sight letter of credit , tenor is ussually one year, max. 2 yearsForfaiting - a purchase of a receivable under a letter of credit with deferred payment without recourseRaiffeisenbank offers processing of following products related

to import L/C:

Import financing credit offered to buyer in case of sight letter of credit payable after sale of goodsdiscount of receivable paid to beneficiary for LC with deferred payment

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Raiffeisenbank, Czech RepublicFinancing of E

xports with ECA Cover

Products offered:

Buyer's

credit

(key product for exports of capital goods financing)Supplier's credit (refinancing or purchase of receivables)Loans supporting foreign investment of Czech companies abroadPurchase of short-term receivablesFactoring Branches of industry preferably supported by RBCZEngineering products (export of technologies)Transportation equipmentEnergy and powerMiningInfrastructureOther industries (by examining a specific transaction) Not supported:Nuclear energyDefence industry9

Export Buyer’s Credit (with Czech ECA Cover) for Turkish Importer

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Used for imports of goods (e.g. technology) or services from Czech Rep. to Turkey.Denominated in USD or EUR.

Down-payment of 15% of the contract value and long-term export credit of 85% of the contract value.

Long tenor or period of repayment of the export credit (3 years and longer).

Usually semiannual repayments.

Attractive pricing: up to 4 or 5 % p.a. all-in (incl. EGAP insurance premium when re-calculated on „per annum“ basis). Loan Agreement in English Loan is insured by the Czech Export Credit Agency „EGAP“Collateral or local bank guarantee may be required.Financial statements of the importer (debtor) in past 3 years may be required for analysis.

Buyer’s Credit11

EXPORTER

in

the

Czech Republic

IMPORTERin TurkeyRaiffeisenbankin the Czech RepublicEGAP

Raiffeisenbank a.s., Czech RepublicContacts

Capital Market Sales & FI Coverage Mr. Pavel Krivonozka

ph: +420 234 401 885 pavel.krivonozka@rb.czFinancial Institutions Mr. Vit Cermak ph: +420 234 401 481 vit.cermak@rb.cz

FX Trading

Mr. Ivo Prokop

ph: +420 234 401 826 ivo.prokop@rb.cz M & A Advisory Mr. Marek Tichy ph: +420 234 401 953 marek.tichy@rb.cz Trade and Export Finance Mr. Milos Vecera ph: +420 234 401 110 milos.vecera@rb.cz Documentary Payments Ms Sona Truchlikova ph. +420 234 401 480 sona.truchlikova@rb.cz Export Finance Mr. Martin Maar ph: +420 234 401 455 martin.maar@rb.cz Bank Guarantees Ms Olga Kokesova ph: +420 234 401 182 olga.kokesova@rb.cz Corporate Banking Ms Barbara Tutass ph. +420 234 401 362 barbara.tutass@rb.cz

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A Selection of Recent Awards

to RBI

Global

Finance

,

Best Bank in Austria (

continously since 3 years)EMEA Finance, Best Bank in Austria (2013)The Banker, Bank of the Year in Austria (2012) Euromoney, Best Bank in Austria (2009)Euromoney, Best Bank in Central and Eastern Europe (continously since 9 years)Global Finance, Best Bank in Central & Eastern Europe (continously since 8 years)EMEA Finance, Best Bank in CEE & CIS region (2013)The Banker, Bank of the Year in CEE (2013)In addition, several network banks within RBI Group network have been awarded numerous local „Best Bank“ and other prestigious awards by local and international publications

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Thank you for your

attention!