Download PowerPoint-Präsentation Erste Gruop Bank AG

ERSTE GROUP
4th VIENNA ECONOMIC FORUM
5. -6. November 2007
Financing Solutions for Infrastructure Financing
Johannes Kinsky, Member of the board, Erste Group
Presentation topics
ERSTE GROUP
− Introduction
− Market/Potential
4th VEF - Vienna
5. November 2007
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Group Corporates & Investment Banking
EB Group Financing Solutions
Introduction –
Is Erste Group a pure retail bank?
ERSTE GROUP
− From a first perspective most would agree,
however
− Currently the large corporate and international business accounts for
about 19% of the group’s risk weighted assets
− Nevertheless large corporate and international business is already highly
efficient and profitable
− Group Corporates & Investment Banking (GCIB) already makes a
significant contribution to the group’s success
− Result of successful expansion efforts shows that we can do it (e.g. real
estate, ECM & DCM in Austria, M&A in Czech Republic, structured finance)
4th VEF - Vienna
5. November 2007
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Group Corporates & Investment Banking
EB Group Financing Solutions
Presentation topics
ERSTE GROUP
− Introduction
− Market/Potential
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5. November 2007
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
− European Action of Growth identified 30 priority ten t projects amounting
to an estimated
EUR 225 billion
of total investment cost
− European Council agreed for the period 2007 – 2013 on
Cohesion for growth and employment
EURO 347 Billion
60
45,487
46,889
48,427
49,393
50,626
2007
2008
2009
2010
2011
52,4
54,188
50
Cohesion Policy Annual
EU funding (2007 – 2013)
in Billion EURO
40
30
20
10
0
2012
2013
Source: EU
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5. November 2007
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
European Council agreed funds with an volume of EURO 347 Billion
for the period 2007 – 2013 on Cohesion for growth and employment
Czech Rep.
Hungary
Slovenija
Slovakia
Romania
Bulgaria
Greece
4,4
4
3,6
3,2
2,8
2,4
2
1,6
1,2
0,8
0,4
0
2007
2008
2009
2010
Annual EU Cohesion policy funding in
selected markets (2007 – 2013) in Billion EURO
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2011
2012
2013
Source: EU
Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
Railway km per 100.000 inhabitants in relation to GDP per capita
Km railway per 100.000
inhabitants
120
100
CZ
80
HU
AT
SK
60
UA
40
RO
CR
RS
20
0
0
10.000
20.000
30.000
40.000
50.000
GDP in US$ per capita
The size of the bubbles are determined by each country‘s GDP
Source: ERSTE Research and
National railway companies
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
Km of paved roads per
100.000 inhabitants
Km roads per 100.000 inhabitants in relation to GDP per capita
3.000
AT
2.000
1.000
SK
HU
RO
UA
RS
0
0
CZ
CR
10.000
20.000
30.000
40.000
50.000
GDP in US$ per capita
Source: ERSTE Research and
Transportation ministries
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5. November 2007
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
hospital beds per 100.000
inhabitants
Public hospital beds in relation to GDP per capita
1.200
1.000
UA
800
HU
RO
600
CZ
AT
SK
CR
400
200
RS*
0
0
10.000
20.000
30.000
40.000
50.000
GDP in US$ per capita
*There is no data available on health expenditure in Serbia.
4th VEF - Vienna
5. November 2007
Source: EU Research and
World health organization
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
− Funding requirements needs additional funding sources
− JASPER
− JEREMIE
− European Investment Bank (EIB)
− European Bank for Reconstruction and Development (EBRD)
− European Investment Fund (EIF)
− IFC
− Innovative financing mechanisms
− Grant Programmes
− Special-purpose funds
− Commercial funding agencies
− Public – Private - Partnership
− Penion funds and other large institutions
− Diversify and expand traditional revenue-raising sources
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Group Corporates & Investment Banking
EB Group Financing Solutions
Market/Potential
Focus on Infrastructure Finance
ERSTE GROUP
− Liaison with multinational financing agencies (EIB, EBRD, IFC)
and EU-entities i.E.
− European Comission
− DG Engergy and Transport (DG TREN)
− DG Market (Tenders)
− DG Regio
− European Agency for Reconstruction
to increase infrastructure finance activities
− Support for applications of EU funds (European Regional Development
Fund, Cohesion Fund…….)
− Assistance in preparation of bankable project
− PPP advisory
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Group Corporates & Investment Banking
EB Group Financing Solutions
ERSTE GROUP
Thank you very much for your attention
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Group Corporates & Investment Banking
EB Group Financing Solutions