Bank Of Greece Sa · ATHEX:TELL
Bank Of Greece Sa — European Bank for Reconstruction and Development — Investor Presentation (September 2016)
34 slides from Bank Of Greece Sa's investor presentation, Sep 15, 2016
Slide 1: Trade Facilitation Programme (TFP): How does it work
Trade Facilitation Programme (TFP) How does it work Rudolf Putz Marco Nindl Athens, 15 September 2016
Slide 2: EBRD - Where we invest
EBRD - Where we invest 15 September, 2016 2
Slide 3: EBRD Trade Facilitation Programme (TFP) – How does it work?
EBRD Trade Facilitation Programme (TFP) – How does it work? EBRD supports trade by providing: • guarantees that cover risks arising from trade finance transactions • short-term advances / financing to banks in the Countries of Operation for trade finance purposes • trade finance training and advisor
Slide 4: TFP Application Areas
TFP Application Areas Facilitates financing of all stages of the trade chain 15 September, 2016 4
Slide 5: TFP – How does it work?
TFP – How does it work? EBRD supports trade by providing GUARANTEES SHORT-TERM ADVANCES/FINANCING that cover risks arising from trade to banks in the Countries of Operation for finance transactions in favour of trade finance purposes Confirming Banks TFP guarantee agreements are signed TFP Revolving
Slide 6: TFP Facilities
EBRD TFP Facilities Two main components Trade Facilitation Programme (EUR 1.5 billion framework) Trade Finance Trade Finance Cash Guarantee Facility - Facility Revolving Credit (fully operational Agreement (RCA) since 1999) (launched in 2000) 15 September, 2016 6
Slide 7: TFP - Guarantee Transaction
TFP - Guarantee Transaction • Always involves a local bank (“Issuing Bank”) which issues a trade finance instrument (e.g. a letter of credit) and a foreign bank which confirms it to the exporter (“Confirming Bank”) • The trade finance instrument (e.g. L/C) ensures that the exporter receives payment
Slide 8: TFP - Structure and Application
TFP - Structure and Application 15 September, 2016 8
Slide 9: TFP Guarantees: TFP Deal of the Year 2015
EBRD TFP Guarantees: TFP Deal of the Year 2015 Export of construction services from Cyprus to Egypt 1. NEMESIS Contracting PLC, Cyprus exports road construction services to Egypt 2. EUROBANK CYPRUS LTD issues a counter guarantee in favour of PIRAEUS BANK EGYPT, for EGP (Egyptian Pounds) 15.85M (appr
Slide 10: TFP - Benefits for Issuing Banks and Customers
TFP - Benefits For Issuing Banks and Customers • No cash collateral required from Issuing Banks, hence cheaper financing terms for exporters/importers – Clients: more competitive exports and imports – Issuing Banks: enhance competitiveness vis-à-vis other banks – EBRD: reduce costs of transactions •
Slide 11: TFP - Benefits for Confirming Banks
TFP - Benefits For Confirming Banks : • Additional export business to Central & Eastern Europe CIS and SEMED countries with mitigated risks • Improvement of services to exporting clients • Advertising & business development 15 September, 2016 11
Slide 12: 800 Confirming Banks in 77 Countries
800 Confirming Banks in 77 Countries
Slide 13: TFP – Top Confirming Banks
EBRD TFP – Top 20 Confirming Banks Ranked by Number of Transactions in 2015 1. Commerzbank 11. Yapi Ve Kredi Bankasi 2. Banca Popolare di Sondrio 12. BHF Bank 3. KBC Bank 13. ABN Amro 4. Deutsche Bank 14. ING Bank 5. Raiffeisen Bank 15. Swedbank 6. Unicredit Bank 16. WGZ Bank 7. UBS 17. Credit Agric
Slide 14: TFP – Co-Financing Partners
EBRD TFP – Co-Financing Partners • ACE Global Markets (AGM) & Lloyds of London • AKA Bank, Germany • Arab Trade Finance Program, Abu Dhabi • Confirming Banks • Donor Risk Sharing Funds • Export Credit Agencies • FMO Netherlands • OPEC Fund for International Development, Vienna • Private Investment F
Slide 15: Trade Finance Cash Facility
Trade Finance Cash Facility 15 September, 2016 15
Slide 16: TFP – 1,035 Transactions in 2015
TFP – 1,035 Transactions in 2015 1. Armenia 13. Serbia 2. Ukraine 14. Moldova 3. Georgia 15. Croatia 4. Egypt 16. Kyrgyz Republic 5. Turkey 17. Tunisia 6. Belarus 18. Jordan 7. FYR Macedonia 19. Cyprus 8. Mongolia 20. Tajikistan 9. Bulgaria 21. Kazakhstan 10. Azerbaijan 22. Bosnia and Herzegovina 11
Slide 17: Annual Business Volumes 1999 – 2015
EBRD Trade Facilitation Programme (TFP) Annual Business Volumes 1999 – 2015 Volume, € mln 1,400 1,200 1,000 800 600 400 200 0 15 September, 2016 17
Slide 18: TFP in Greece
TFP in Greece Active since this year with now 4 Issuing Banks: • Alpha Bank • Eurobank • National Bank of Greece • Piraeus Bank Providing additional trade finance limit of total EUR 200 mln 15 September, 2016 18
Slide 19: Signing of TFP Agreement with NBG
Signing of TFP Agreement with NBG 15 September, 2016 19
Slide 20: Signing of TFP Agreement with Alpha Bank and Eurobank
Signing of TFP Agreement with Alpha Bank and Eurobank 15 September, 2016 20
Slide 21: TFP Guarantees Example: Import of steel spacers from Germany
EBRD TFP Guarantees Example: Import of steel spacers from Germany • A Greek importer purchases steel spacers from an exporter in Germany • National Bank of Greece issues a guarantee for EUR 57,600 in favor of Commerzbank client • EBRD covers 100% of the political and commercial payment risk 15 Septe
Slide 22: TFP Guarantees Example: Export of construction works from Greece
EBRD TFP Guarantees Example: Export of construction works from Greece • A Greek exporter needs a bid bond for export of construction works to Qatar • National Bank of Greece issues a counter guarantee for EUR 0.3 mln in favor of Arab Bank covering such bid bond • EBRD covers 100% of the political an
Slide 23: EBRD – Capacity Building Projects
EBRD – Capacity Building Projects 15 September, 2016 23
Slide 24: Trade Finance Training Courses
EBRD Trade Finance Training Courses Belarus Factoring Seminar Structured Trade Finance Training TF & Factoring Advisory Services Fraud Prevention Seminars Tunisia Morocco 15 September, 2016 24
Slide 25: Trade Finance Training Courses
EBRD Trade Finance Training Courses Crisis Response Training ISBP for Documentary Transactions Role of Sanctions in International Trade Finance Banking Belarus, Belinvestbank Ukraine, Kiev Azerbaijan, Baku 15 September, 2016 25
Slide 26: ICC e-Learning Programme
EBRD ICC e-Learning Programme • The ICC’s technology partner Coastline Solutions has assisted EBRD in developing an online training programme, incorporating ICC content on rules and operations in trade finance • Project-funded by the EBRD’s special shareholders’ fund and offered free of charge to Is
Slide 27: Trade Finance e-Learning Programme
EBRD Trade Finance e-Learning Programme To date > 3,000 trade professionals from 240 institutions in 36 countries enrolled 15 September, 2016 27
Slide 28: Introduction To Trade Finance
Introduction To Trade Finance Course available in English, French and Russian Target Audience: • Relationship Managers, Product Sales team • SMEs, corporates engaged in international trade • Legal, Risk Management, Back office teams supporting trade finance operations 15 September, 2016 28
Slide 29: TFP cooperation with ICC Austria
TFP cooperation with ICC Austria ICC Austria Trade Finance Week : 15-19 May 2017 • 12th Global Conference on Bank Guarantees – 15 & 16 May 2017 • Case Studies on Bank Guarantees and Letters of Credit – 17 May 2017 • 10th Global Conference on Letters of Credit – 18 & 19 May 2017 For information and c
Slide 30: Best Development Bank in Trade
Best Development Bank in Trade In 2015 readers of Trade Finance Magazine and Global Trade Review (GTR) have voted the EBRD “Best Development Bank in Trade” EBRD invites other development banks, commercial financial institutions, export credit agencies and donors to co-finance with the EBRD 15 Septem
Slide 31: Donors
Donors TFP TC Projects are funded by: • The Early Transition Countries Fund • The Shareholder Special Fund • European Union • Norwegian, Swiss, Italian, Canadian, Taiwanese funding and other donors 15 September, 2016 31
Slide 32: TFP Trade Exchange Magazine
TFP Trade Exchange Magazine • Launched in 2011 • 10 publications to date • Dedicated to Trade Finance and EBRD Technical Assistance Projects • 5,000 Readers from 1,000 Banks Reports on: • News & Events • Regional Focus Features • In Depth sector Key Issues • Trade Projects 15 September, 2016 32
Slide 33: www.ebrd.com/tfp
www.ebrd.com/tfp 15 September, 2016 33
Slide 34: Contacts
Contacts Trade Facilitation Programme European Bank for Reconstruction and Development One Exchange Square London EC2A 2JN United Kingdom Rudolf Putz, Deputy Director Tel: +44 207 338 7776 E-mail: putzr@ebrd.com Marco Nindl Join us in social networks: Principal Banker Twitter: www.twitter.com/ebrdtr
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