Download Czech Republic

Raiffeisenbank, a.s.
Prague
Czech Republic, Europe
Possibilities of Financing of
Czech - Turkish Export Contracts
Mr. Martin Maar
Head of Trade and Export Finance
14th and 15th January 2015
Ankara, Istanbul
Raiffeisen Bank International AG (RBI)
 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 group
 International rating: Moody‘s
S&P
Long-term:
Long-term:
A2 Short-term: P-1
A Short-term: A-1
Financial strength D+
 Home market Austria and Central and Eastern Europe (CEE)
 Further focus on Asia
 Listed on the Vienna Stock Exchange

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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Raiffeisen Bank International AG
Network in Europe
North America
USA
Western Europe
France
Germany
Austria
Sweden
United Kingdom
Asia
- China
- Hong Kong
- South
Korea
- Singapore
- Vietnam
- Malaysia
- India
Central Europe
Czech Republic
Hungary
Poland
Slovakia
Slovenia
South-Eastern Europe
Albania
Bosna and Herzegovina
Bulgaria
Croatia
Kosovo
Romania
Serbia
CIS
Belarus
Kazakhstan
Moldova
Russia
Ukraine
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Raiffeisen Bank International AG
Abroad International ECA Cooperation
Finalized Transactions with International ECAs
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Czech Republic – Country Profile
Population: 10.5 mil. in 2013
Land Area: 78,866 sq. km.
Capital city: Prague
GDP per capita (PPP): 26,300 in 2013
International rating of the country
Rating
Agency
Rating LT –
local CCY
Rating LT –
foreign CCY
Moody´s
A1
A1
stable
S&P
AA
AA -
stable
Fitch
AA-
A+
stable
Outlook
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Raiffeisenbank a.s., Czech Republic – Overview

Established in 1993

Universal bank

5th 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
Republic
Recent history:

2008 merger of E - banka, Head Office moved to new address

2011 – introduction of Friedrich Wilhelm Raiffeisen – new private banking service brand

June 2012 increase of share capital by CZK 1,846 bn up to CZK 9,357 bn

May 2013 increase of share capital by CZK 835,4 mio

April 2013 – license gained for new 100% subsidiary Raiffeisen Investment Company
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Raiffeisenbank a.s., Czech Republic
Products for Expoters / Importers:

International payments in USD, EUR

Documentary 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 abroad

Purchase of receivables

Currency conversions and hedging against foreign exchange and interest rates risks

Factoring
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Raiffeisenbank a.s., Czech Republic
Other Products 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 years

Forfaiting - a purchase of a receivable under a letter of credit with deferred payment without
recourse
Raiffeisenbank 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 goods
 discount of receivable paid to beneficiary for LC with deferred payment
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Raiffeisenbank, Czech Republic
Financing of Exports with ECA Cover
Products offered:

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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 abroad
Purchase of short-term receivables
Factoring
Branches of industry preferably supported by RBCZ
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
Engineering products (export of technologies)
Transportation equipment
Energy and power
Mining
Infrastructure
Other industries (by examining a specific transaction)
Not supported:
 Nuclear energy
 Defence industry
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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.
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Buyer’s Credit
EXPORTER
in the Czech Republic
IMPORTER
in Turkey
Raiffeisenbank
in the Czech Republic
EGAP
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Raiffeisenbank a.s., Czech Republic
Contacts

Capital Market Sales & FI Coverage
Financial
Institutions
Mr. Pavel Krivonozka
ph: +420 234 401 885
[email protected]
Mr. Vit Cermak
ph: +420 234 401 481
[email protected]
Mr. Ivo Prokop
ph: +420 234 401 826
[email protected]

FX Trading

M & A Advisory

Trade and Export Finance
Mr. Milos Vecera
ph: +420 234 401 110
[email protected]

Documentary Payments
Ms Sona Truchlikova
ph. +420 234 401 480
[email protected]

Export Finance
Mr. Martin Maar
ph: +420 234 401 455
[email protected]

Bank Guarantees
Ms Olga Kokesova
ph: +420 234 401 182
[email protected]

Corporate Banking
Ms Barbara Tutass
ph. +420 234 401 362
[email protected]
Mr. Marek Tichy
ph: +420 234 401 953
[email protected]
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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!