DOCSLIB.ORG

Invesco Premier Portfolio

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text

Load more

Invesco Premier Portfolio Portfolio Holdings Data as of March 31, 2021 4 2 3 Final Principal Market 1 Coupon/ Maturity Maturity Associated % of Amount Value ($) Name of Issue CUSIP Yield (%) Date Date Issuer Portfolio Asset Backed Commercial Paper ASSET-BACKED COMMERCIAL PAPER 25,000,000 24,993,263 Concord Minutemen Capital Co LLC (Multi-CEP) 2063C0T28 0.23 06/02/2021 06/02/2021 Concord Minutemen Capital 1.68 Co., LLC 50,000,000 49,993,371 Ridgefield Funding Co. LLC (CEP-BNP Paribas S.A.) 76582JS70 0.20 05/07/2021 05/07/2021 BNP PARIBAS SA 3.35 15,000,000 14,999,971 Versailles Commercial Paper LLC (CEP-Natixis SA) 92512LR11 0.22 04/01/2021 04/01/2021 GROUPE BPCE 1.01 25,000,000 24,996,913 Versailles Commercial Paper LLC (CEP-Natixis SA) 92512LS51 0.22 05/05/2021 05/05/2021 GROUPE BPCE 1.68 115,000,000 114,983,518 Asset-Backed Commercial Paper 7.71 ASSET-BACKED COMMERCIAL PAPER (INTEREST BEARING) 25,000,000 25,000,000 Anglesea Funding LLC (Multi-CEP) 0347M5VG1 0.16 04/01/2021 05/05/2021 Anglesea Funding LLC 1.68 25,000,000 25,000,000 Anglesea Funding LLC (Multi-CEP) 0347M5VL0 0.16 04/30/2021 05/05/2021 Anglesea Funding LLC 1.68 35,000,000 35,016,179 Bedford Row Funding Corp. (CEP-Royal Bank of Canada) 07644CHF0 0.29 06/02/2021 12/02/2021 ROYAL BANK OF CANADA 2.35 15,000,000 15,000,725 Crown Point Capital Co., LLC-Series A (CEP-Credit Suisse AG) 22845ATY6 0.30 04/07/2021 09/07/2021 CREDIT SUISSE GROUP AG 1.01 100,000,000 100,016,903 Asset-Backed Commercial Paper (Interest Bearing) 6.70 COMMERCIAL PAPER 25,000,000 24,991,146 CONCORD MINUTEMEN CAPITAL CO LLC SERIES B (CEP-GOLDMAN SACHS 20632KTE9 0.24 06/14/2021 06/14/2021 GOLDMAN SACHS GROUP 1.68 INTERNATIONAL) INC/THE 25,000,000 24,991,146 Commercial Paper 1.68 COMMERCIAL PAPER (INTEREST BEARING) 10,000,000 10,000,000 Versailles Commercial Paper LLC (CEP -Natixis SA) 92513HSL4 0.20 05/05/2021 05/05/2021 GROUPE BPCE 0.67 10,000,000 10,000,000 Commercial Paper (Interest Bearing) 0.67 250,000,000 249,991,567 Asset Backed Commercial Paper Total 16.75 Certificate of Deposit CERTIFICATES OF DEPOSIT 15,000,000 15,002,122 AGRICULTURAL BANK OF CHINA LTD (NEW YORK BRANCH) 00851BKD6 0.25 05/26/2021 05/26/2021 AGRICULTURAL BANK OF 1.01 CHINA LTD 30,000,000 30,005,394 Bank of Nova Scotia 06417MLP8 0.24 05/10/2021 11/09/2021 BANK OF NOVA SCOTIA 2.01 25,000,000 25,001,820 CHINA CONSTRUCTION BANK CORP 16955AZ68 0.30 04/19/2021 04/19/2021 CHINA CONSTRUCTION 1.68 BANK CORP 25,000,000 25,001,768 CHINA CONSTRUCTION BANK CORP 16955A3B2 0.25 05/21/2021 05/21/2021 CHINA CONSTRUCTION 1.68 BANK CORP 10,000,000 9,999,360 Oversea-Chinese Banking Corp. Ltd. 69033MUU9 0.18 04/01/2021 10/07/2021 OVERSEA-CHINESE 0.67 BANKING CORPORATION LTD 10,000,000 10,002,599 Svenska Handelsbanken 86959RGY0 0.30 06/16/2021 06/16/2021 SVENSKA HANDELSBANKEN 0.67 AB 25,000,000 25,003,873 Toronto-Dominion Bank 89114NTZ8 0.30 04/08/2021 10/08/2021 TORONTO-DOMINION 1.68 BANK/THE Invesco Premier Portfolio Portfolio Holdings Data as of March 31, 2021 4 2 3 Final Principal Market 1 Coupon/ Maturity Maturity Associated % of Amount Value ($) Name of Issue CUSIP Yield (%) Date Date Issuer Portfolio Certificate of Deposit CERTIFICATES OF DEPOSIT 15,000,000 14,999,005 Toronto-Dominion Bank 89114NWJ0 0.28 06/03/2021 12/03/2021 TORONTO-DOMINION 1.01 BANK/THE 25,000,000 25,009,038 Westpac Banking Corp. 96130AFG8 0.35 04/08/2021 07/08/2021 WESTPAC BANKING CORP 1.68 180,000,000 180,024,977 Certificates of Deposit 12.06 180,000,000 180,024,977 Certificate of Deposit Total 12.06 Financial Company Commercial Paper COMMERCIAL PAPER 10,000,000 9,989,920 ASB Finance Ltd. 0020P2YA8 0.27 11/10/2021 11/10/2021 COMMONWEALTH BANK OF 0.67 AUSTRALIA 10,000,000 9,999,627 Barclays U.S. CCP Funding LLC 2010-1 06742VR60 0.13 04/12/2021 04/12/2021 BARCLAYS PLC 0.67 25,000,000 24,996,686 Barclays U.S. CCP Funding LLC 2010-1 06742VX97 0.15 05/07/2021 05/07/2021 BARCLAYS PLC 1.68 20,000,000 19,993,100 Barclays U.S. CCP Funding LLC 2010-1 06742VQJ3 0.19 06/08/2021 06/08/2021 BARCLAYS PLC 1.34 20,000,000 19,991,343 Goldman Sachs International 38150TU77 0.21 07/07/2021 07/07/2021 GOLDMAN SACHS GROUP 1.34 INC/THE 10,000,000 9,998,717 Oversea-Chinese Banking Corp. Ltd. 69034AS37 0.23 05/03/2021 05/03/2021 OVERSEA-CHINESE 0.67 BANKING CORPORATION LTD 30,000,000 29,989,279 Oversea-Chinese Banking Corp. Ltd. 69034ATN2 0.17 06/22/2021 06/22/2021 OVERSEA-CHINESE 2.01 BANKING CORPORATION LTD 25,000,000 24,976,118 United Overseas Bank Ltd. 91127PWU1 0.22 09/28/2021 09/28/2021 UNITED OVERSEAS BANK 1.68 LTD 150,000,000 149,934,790 Commercial Paper 10.05 COMMERCIAL PAPER (INTEREST BEARING) 45,000,000 45,012,142 ANZ New Zealand Int'l Ltd. 00182HHT2 0.31 04/23/2021 07/23/2021 AUSTRALIA AND NEW 3.02 ZEALAND BANKING GROUP LTD 15,000,000 15,000,000 Royal Bank of Canada 78015M2B5 0.28 04/05/2021 10/01/2021 ROYAL BANK OF CANADA 1.01 15,000,000 15,002,324 Svenska Handelsbanken A.B. 86960LAU4 0.34 05/06/2021 05/06/2021 SVENSKA HANDELSBANKEN 1.01 AB 20,000,000 20,000,000 Svenska Handelsbanken A.B. 86960LBE9 0.35 04/01/2021 07/01/2021 SVENSKA HANDELSBANKEN 1.34 AB 10,000,000 10,002,915 Toronto-Dominion Bank 89120DSD2 0.31 04/20/2021 07/20/2021 TORONTO-DOMINION 0.67 BANK/THE 25,000,000 25,000,000 UBS AG (LONDON BRANCH) 90276JLD6 0.31 04/05/2021 10/04/2021 UBS GROUP AG 1.68 12,000,000 12,003,480 Westpac Banking Corp. 9612C4L58 0.31 04/27/2021 05/27/2021 WESTPAC BANKING CORP 0.80 142,000,000 142,020,861 Commercial Paper (Interest Bearing) 9.52 292,000,000 291,955,650 Financial Company Commercial Paper Total 19.57 Invesco Premier Portfolio Portfolio Holdings Data as of March 31, 2021 4 2 3 Final Principal Market 1 Coupon/ Maturity Maturity Associated % of Amount Value ($) Name of Issue CUSIP Yield (%) Date Date Issuer Portfolio U.S. Government Agency Repurchase Agreement REPURCHASE AGREEMENT 48,310,852 48,310,852 Bank of Nova Scotia BIV5A7X51 0.01 04/01/2021 04/01/2021 US GOVT COLL 3.24 80,000,000 80,000,000 Mizuho Securities (USA) Inc. BIV5A7X44 0.01 04/01/2021 04/01/2021 US GOVT COLL 5.36 75,000,000 75,000,000 Sumitomo Mitsui Banking Corp. BIV5A7XC6 0.01 04/01/2021 04/01/2021 US GOVT COLL 5.03 203,310,852 203,310,852 Repurchase Agreement 13.62 203,310,852 203,310,852 U.S. Government Agency Repurchase Agreement Total 13.62 Other Repurchase Agreement REPURCHASE AGREEMENT 15,000,000 15,000,000 BMO Capital Markets Corp. BIV5A7WT0 0.20 04/01/2021 04/01/2021 BANK OF MONTREAL 1.01 7,000,000 7,000,000 ING Financial Markets LLC BIV5A7Y84 0.22 04/01/2021 04/01/2021 ING GROEP NV 0.47 23,000,000 23,000,000 RBC CAPITAL MARKETS LLC BIV5A7Y76 0.20 04/01/2021 04/01/2021 ROYAL BANK OF CANADA 1.54 45,000,000 45,000,000 Repurchase Agreement 3.02 REPURCHASE AGREEMENT - OPEN 7,000,000 7,000,000 Citigroup Global Markets Inc. BIV54R0T8 0.61 04/01/2021 06/29/2021 CITIGROUP INC 0.47 38,500,000 38,500,000 Citigroup Global Markets Inc. BIV4JMFJ2 0.67 04/01/2021 09/30/2021 CITIGROUP INC 2.58 35,000,000 35,000,000 J.P. Morgan Securities LLC BIV4LZCT1 0.37 04/01/2021 04/07/2021 JPMORGAN CHASE & CO 2.35 15,000,000 15,000,000 J.P. Morgan Securities LLC BIV4KTSL6 0.52 04/01/2021 06/29/2021 JPMORGAN CHASE & CO 1.01 18,000,000 18,000,000 Mitsubishi UFJ Securities (USA) Inc. BIV577ZF1 0.20 04/01/2021 04/01/2021 MITSUBISHI UFJ FINANCIAL 1.21 GROUP INC 10,000,000 10,000,000 Mizuho Securities (USA) Inc. BIV59MJS6 0.22 04/01/2021 04/01/2021 MIZUHO FINANCIAL GROUP 0.67 INC 35,000,000 35,000,000 SOCIETE GENERALE (PARIS BRANCH) BIV445E07 0.18 04/01/2021 04/01/2021 SOCIETE GENERALE SA 2.35 28,000,000 28,000,000 SOCIETE GENERALE (PARIS BRANCH) BIV445DY4 0.25 04/01/2021 04/01/2021 SOCIETE GENERALE SA 1.88 186,500,000 186,500,000 Repurchase Agreement - Open 12.50 REPURCHASE AGREEMENT - TERM 12,000,000 12,000,000 BMO Capital Markets Corp. BIV5A59F0 0.18 04/06/2021 04/06/2021 BANK OF MONTREAL 0.80 7,000,000 7,000,000 BMO Capital Markets Corp. BIV5A7YC5 0.25 04/07/2021 04/07/2021 BANK OF MONTREAL 0.47 60,000,000 60,000,000 CREDIT AGRICOLE SA (PARIS BRANCH) BIV5A59W3 0.17 04/06/2021 04/06/2021 CREDIT AGRICOLE SA 4.02 10,000,000 10,000,000 Credit Suisse Securities (USA) LLC BIV5A7YM3 0.23 04/07/2021 04/07/2021 CREDIT SUISSE GROUP AG 0.67 10,000,000 10,000,000 Credit Suisse Securities (USA) LLC BIV5A7YH4 0.20 04/07/2021 04/07/2021 CREDIT SUISSE GROUP AG 0.67 15,000,000 15,000,000 Credit Suisse Securities (USA) LLC BIV5A7YJ0 0.22 04/07/2021 04/07/2021 CREDIT SUISSE GROUP AG 1.01 114,000,000 114,000,000 Repurchase Agreement - Term 7.64 345,500,000 345,500,000 Other Repurchase Agreement Total 23.15 Invesco Premier Portfolio Portfolio Holdings Data as of March 31, 2021 4 2 3 Final Principal Market 1 Coupon/ Maturity Maturity Associated % of Amount Value ($) Name of Issue CUSIP Yield (%) Date Date Issuer Portfolio Non-Financial Company Commercial Paper COMMERCIAL PAPER 25,000,000 24,992,604 AGRICULTURAL BANK OF CHINA LTD (NEW YORK BRANCH) 00850USL9 0.24 05/20/2021 05/20/2021 AGRICULTURAL BANK OF 1.68 CHINA LTD 10,000,000 9,995,726 AGRICULTURAL BANK OF CHINA LTD (NEW YORK BRANCH) 00850UT87 0.25 06/08/2021 06/08/2021 AGRICULTURAL BANK OF 0.67 CHINA LTD 10,000,000 9,999,314 DEXIA CREDIT LOCAL - (ST) GTD 25215VRS0 0.19 04/26/2021 04/26/2021 BELGIUM (KINGDOM OF); 0.67 FRANCE (REPUBLIC OF); LUXEMBOURG (GRAND DUCHY OF); 25,000,000 24,993,675 DEXIA CREDIT LOCAL - (ST) GTD 25215VT82 0.19 06/08/2021 06/08/2021 BELGIUM (KINGDOM OF); 1.68 FRANCE (REPUBLIC OF); LUXEMBOURG (GRAND DUCHY OF); 15,000,000 14,998,936 Industrial & Commercial Bank of China Ltd 45581BRP4 0.20 04/23/2021 04/23/2021 INDUSTRIAL AND 1.01 COMMERCIAL BANK OF CHINA LTD 20,000,000 19,993,840 Industrial & Commercial Bank of China Ltd 45581BT23 0.23 06/02/2021 06/02/2021 INDUSTRIAL AND 1.34 COMMERCIAL BANK OF CHINA LTD 10,000,000 9,996,750 Industrial & Commercial Bank of China Ltd 45581BT49 0.24 06/04/2021 06/04/2021 INDUSTRIAL AND 0.67 COMMERCIAL BANK OF CHINA LTD 5,000,000 4,997,510 Industrial & Commercial Bank of China Ltd 45581BTN7 0.25 06/22/2021 06/22/2021 INDUSTRIAL AND 0.34 COMMERCIAL BANK OF CHINA LTD 16,000,000 15,992,549 Nederlandse Waterschapsbank N.V.
Recommended publications
  • Műhelytanulmányok 112

    Műhelytanulmányok 112

    Centre for Economic and Regional Studies of the Hungarian Academy of Sciences – Institute of World Economics MTA Közgazdaság- és Regionális Tudományi Kutatóközpont Világgazdasági Intézet Műhelytanulmányok 112. 2016. május Somai Miklós AZ ÁLLAM SZEREPE A FRANCIA GAZDASÁGBAN Magyar Tudományos Akadémia Közgazdaság- és Regionális Tudományi Kutatóközpont Világgazdasági Intézet Műhelytanulmányok 112. (2016) 1–63. 2016. május Az állam szerepe a francia gazdaságban szerző: Somai Miklós tudományos főmunkatárs Magyar Tudományos Akadémia Közgazdaság- és Regionális Tudományi Kutatóközpont Világgazdasági Intézet email: [email protected] Minden itt kifejtett vélemény és következtetés a szerző sajátja, amely nem minden esetben tükrözi a Világgazdasági Intézet, illetve a Közgazdaság- és Regionális Tudományi Kutatóközpont kutatóinak véleményét, vagy a Magyar Tudományos Akadémia álláspontját ISBN 978-963-301-631-2 ISSN 1417-2720 MTA Közgazdaság- és Regionális Tudományi Kutatóközpont Világgazdasági Intézet Műhelytanulmányok 112. (2016) 1–63. 2016. május Az állam szerepe a francia gazdaságban Somai Miklós1 Összefoglaló Jelen tanulmány az államnak elsősorban a teljesen vagy részben állami tulajdonú vállalatokon – valamint az ezekhez kapcsolódó intézményrendszeren – keresztül megvalósuló gazdasági szerepvállalására koncentrál. Először röviden áttekinti az állami szerepvállalás franciaországi hagyományait, illetve azt, hogy ez a funkció hogyan illeszkedik az általános gazdaságpolitikai eszközrendszerbe. A következő fejezetben bemutatja a XX. század nagy államosítási hullámait és a vállalatok kimentésének 1970- es/1980-as évekbeli technikáját. A következő nagy téma a neoliberális fordulat jegyében beköszöntő (re)privatizációs kurzus, amikor több olyan cég is magánkézbe került, amit még a második világháború végén/után államosítottak. Végül a tanulmány a válság és a válság körüli évek gazdaságpolitikáját (pl. bankmentést) próbálja meg érthetőbbé tenni, illetve az állam modernkori gazdasági szerepvállalását, a vagyonkezelési funkciót szemléltetni.
  • Florida Prime Holdings Report Data As of March 18, 2021

    Florida Prime Holdings Report Data As of March 18, 2021

    Florida Prime Holdings Report Data as of March 18, 2021 Current Security Name Security Classification Cpn Maturity Rate Reset Par Amort Cost (2) Mkt Value (1) Yield ABN Amro Bank NV, Amsterdam TD TIME DEPOSIT 0.09 3/22/2021 530,000,000 0.09 $530,000,000 $530,000,000 ABN Amro Bank NV, Amsterdam TD TIME DEPOSIT 0.09 3/23/2021 50,000,000 0.09 $50,000,000 $50,000,000 ABN Amro Bank NV, Amsterdam TD TIME DEPOSIT 0.09 3/25/2021 250,000,000 0.09 $250,000,000 $250,000,000 ABN Amro Bank NV, Amsterdam TD TIME DEPOSIT 0.10 3/19/2021 98,000,000 0.10 $98,000,000 $98,000,000 ANZ National (Int'l) Ltd. CP4-2 COMMERCIAL PAPER - 4-2 5/18/2021 100,000,000 0.15 $99,974,583 $99,981,192 Albion Capital LLC CPABS4-2 COMMERCIAL PAPER - ABS- 4(2) 3/22/2021 48,000,000 0.12 $47,999,360 $47,999,483 Albion Capital LLC CPABS4-2 COMMERCIAL PAPER - ABS- 4(2) 3/22/2021 22,668,000 0.16 $22,667,597 $22,667,756 Albion Capital LLC CPABS4-2 COMMERCIAL PAPER - ABS- 4(2) 4/9/2021 18,763,000 0.22 $18,760,477 $18,761,521 Albion Capital LLC CPABS4-2 COMMERCIAL PAPER - ABS- 4(2) 4/20/2021 50,000,000 0.18 $49,991,750 $49,993,492 Albion Capital LLC CPABS4-2 COMMERCIAL PAPER - ABS- 4(2) 4/26/2021 54,369,000 0.18 $54,358,398 $54,360,400 Anglesea Funding LLC, Aug 04, 2021 COMMERCIAL PAPER ASSET BACKED CALLABLE 0.20 8/4/2021 4/5/2021 100,000,000 0.21 $100,000,000 $100,000,000 Anglesea Funding LLC, Aug 17, 2021 COMMERCIAL PAPER ASSET BACKED CALLABLE 0.21 8/17/2021 4/19/2021 90,000,000 0.21 $90,000,000 $90,000,000 Anglesea Funding LLC, Jul 30, 2021 COMMERCIAL PAPER ASSET BACKED CALLABLE 0.22 7/30/2021 4/1/2021 22,000,000 0.22 $22,000,000 $22,000,000 Antalis S.A.
  • Fitch Ratings ING Groep N.V. Ratings Report 2020-10-15

    Fitch Ratings ING Groep N.V. Ratings Report 2020-10-15

    Banks Universal Commercial Banks Netherlands ING Groep N.V. Ratings Foreign Currency Long-Term IDR A+ Short-Term IDR F1 Derivative Counterparty Rating A+(dcr) Viability Rating a+ Key Rating Drivers Support Rating 5 Support Rating Floor NF Robust Company Profile, Solid Capitalisation: ING Groep N.V.’s ratings are supported by its leading franchise in retail and commercial banking in the Benelux region and adequate Sovereign Risk diversification in selected countries. The bank's resilient and diversified business model Long-Term Local- and Foreign- AAA emphasises lending operations with moderate exposure to volatile businesses, and it has a Currency IDRs sound record of earnings generation. The ratings also reflect the group's sound capital ratios Country Ceiling AAA and balanced funding profile. Outlooks Pandemic Stress: ING has enough rating headroom to absorb the deterioration in financial Long-Term Foreign-Currency Negative performance due to the economic fallout from the coronavirus crisis. The Negative Outlook IDR reflects the downside risks to Fitch’s baseline scenario, as pressure on the ratings would Sovereign Long-Term Local- and Negative increase substantially if the downturn is deeper or more prolonged than we currently expect. Foreign-Currency IDRs Asset Quality: The Stage 3 loan ratio remained sound at 2% at end-June 2020 despite the economic disruption generated by the lockdowns in the countries where ING operates. Fitch Applicable Criteria expects higher inflows of impaired loans from 4Q20 as the various support measures mature, driven by SMEs and mid-corporate borrowers and more vulnerable sectors such as oil and gas, Bank Rating Criteria (February 2020) shipping and transportation.
  • IDENTITY May 2019 a Universal Cooperative Banking Model

    IDENTITY May 2019 a Universal Cooperative Banking Model

    IDENTITY May 2019 A universal cooperative banking model In our capacity as the 2nd largest banking group in France, we play a key role in the projects pursued by our 30 million customers, to whom we offer our support every day thanks to the expertise and know-how of our 105,000 employees. Strong, respected brands Groupe BPCE nd largest banking million million cooperative Financing 2 group in France 30 customers 9 shareholders more than 2 A universal cooperative banking model Diverse range of business activities in France and abroad Retail banking, Asset & Wealth Insurance Management Banking and financial Asset management, services, Insurance, Wealth management Specialized financing Natixis Investment Managers, Banque Populaire, Natixis Wealth Management Caisse d’Epargne, Banque Palatine, Natixis Assurances Corporate & Payments Investment Banking Capital Markets, Financing, Management of domestic, Trade & Treasury Solutions European and international payment instruments Natixis Natixis Payments Financing % of the French Present in different more than 20 economy more than 40 countries 3 RETAIL BANKING, INSURANCE Financing the economy at a local and regional level aving for retirement, buying your first apartment, starting a new business and financing your company’s growth, Smanaging your everyday banking opera- €564bn tions in a few clicks, obtaining advice on This is the total of our loan outstandings how to develop your business activities in (as at December 31, 2018) France or abroad... • As many expectations as customers Our banks provide our customers – a clien- tele of private individuals, professionals, associations, companies, and local author- €705bn ities – with personalized solutions tailored This is the total of our customers’ to their various needs and projects, ranging savings deposits from the most mundane to the most highly (as at December 31, 2018) complex… • Banque Populaire banks, Caisses d’Epargne, Banque Palatine, Crédit Coopératif, CASDEN..
  • High-Quality Service Is Key Differentiator for European Banks 2018 Greenwich Leaders: European Large Corporate Banking and Cash Management

    High-Quality Service Is Key Differentiator for European Banks 2018 Greenwich Leaders: European Large Corporate Banking and Cash Management

    High-Quality Service is Key Differentiator for European Banks 2018 Greenwich Leaders: European Large Corporate Banking and Cash Management Q1 2018 After weathering the chaos of the financial crisis and the subsequent restructuring of the European banking industry, Europe’s largest companies are enjoying a welcome phase of stability in their banking relationships. Credit is abundant (at least for big companies with good credit ratings), service is good and getting better, and banks are getting easier to work with. Aside from European corporates, the primary beneficiaries of this new stability are the big banks that already count many of Europe’s largest companies as clients. At the top of that list sits BNP Paribas, which is used for corporate banking by 65% of Europe’s largest companies. HSBC is next at 56%, followed by Deutsche Bank at 43%, UniCredit at 38% and Citi at 37%. These banks are the 2018 Greenwich Share Leaders℠ in European Top-Tier Large Corporate Banking. Greenwich Share Leaders — 2018 GREENWICH ASSOCIATES Greenwich Share20 1Leade8r European Top-Tier Large Corporate Banking Market Penetration Eurozone Top-Tier Large Corporate Banking Market Penetration Bank Market Penetration Statistical Rank Bank Market Penetration Statistical Rank BNP Paribas 1 BNP Paribas 1 HSBC 2 HSBC 2 Deutsche Bank 3 UniCredit 3T UniCredit 4T Deutsche Bank 3T Citi 4T Commerzbank 5T ING Bank 5T Note: Based on 576 respondents from top-tier companies. Note: Based on 360 respondents from top-tier companies. European Top-Tier Large Corporate Eurozone Top-Tier Large Corporate Cash Management Market Penetration Cash Management Market Penetration Bank Market Penetration Statistical Rank Bank Market Penetration Statistical Rank BNP Paribas ¡ 1 BNP Paribas 1 HSBC 2 HSBC 2T Deutsche Bank 3 UniCredit 2T Citi 4T Deutsche Bank 4 UniCredit 4T Commerzbank 5T ING Bank 5T Note: Based on 605 respondents from top-tier companies.
  • INSIDE the GLOBAL BANK SECTOR Kanganews’S First Annual Guide to Global Financial Institutions, with a Focus on the Australian Dollar Funding Market

    INSIDE the GLOBAL BANK SECTOR Kanganews’S First Annual Guide to Global Financial Institutions, with a Focus on the Australian Dollar Funding Market

    FINANCIAL INSTITUTION YEARBOOK DEC 18/JAN 19 SUPPLEMENT_VOL 13 ISSUE 110 www.kanganews.com AUSTRALASIAN FIXED INCOME: GLOBAL REACH, LOCAL EXPERTISE INSIDE THE GLOBAL BANK SECTOR KangaNews’s first annual guide to global financial institutions, with a focus on the Australian dollar funding market SPONSORED BY SUBSCRIBE TODAY current issue + supplement KangaNews is a one-stop information source on the AUD and NZD bond markets. Each issue provides all the information market participants need to keep up to date with the deals and trends making headlines in the markets; in-depth issuer and investor insights; deal and league tables; and statistics. Subscribers also have access to email updates on breaking deals and news from the KangaNewsAlert service, as well as all the data on www.kanganews.com To subscribe or request a free trial please contact Jeremy Masters t. +61 2 8256 5577 e. [email protected] KangaNews SUPPLEMENT TO DEC 18/JAN 19 EDITION VOLUME 13 ISSUE 110 www.kanganews.com Head of content and editor Contents LAURENCE DAVISON [email protected] ROUNDTABLE Senior content manager and deputy editor GLOBAL PERSPECTIVES HELEN CRAIG [email protected] ON BANK FUNDING Staff writer MATT ZAUNMAYR 12The international bank debt-issuance market is constantly [email protected] evolving. KangaNews speaks to funding executives from Editorial research assistant Asia, Australia, Europe, Japan and North America to get LUKE SWISS the latest on market conditions and outlook. Head of commercial JEREMY MASTERS 24_ [email protected] BNP Paribas 2 25_ Sales support officer MARKET NEWS YAZZY MCGUID Trends in the Australian financial Canadian Imperial Bank of Commerce [email protected] 26_ institution funding and capital space Commonwealth Bank of Australia including issuance timing patterns, an Chief executive 28_ Australian take on TLAC global-bank SAMANTHA SWISS , Commerzbank [email protected] TLAC issuance, Canadian bank supply 29_ and sustainability themed bank bonds.
  • Handelsbanken Nederland Factsheet

    Handelsbanken Nederland Factsheet

    Handelsbanken Nederland Factsheet HANDELSBANKEN GROEP HANDELSBANKEN NEDERLAND - Opgericht in 1871 in Stockholm, Zweden; - Bank voor particulieren, ondernemers en - Beursgenoteerde, internationaal opererende bank bedrijven. Maatwerk, hoge servicekwaliteit in meer dan 20 landen, met ruim 800 kantoren en en een persoonlijke aanpak kenmerken onze meer dan 12.000 medewerkers; dienstverlening; - Lokale aanwezigheid, diepgaande kennis van de - Sterk in hypotheken en financieringen; een volledig lokale markt, hoge klanttevredenheid en hoge aanbod van diensten voor particulieren op het kwaliteit van uitstaande kredieten; gebied van betalen en sparen; - Conservatief risicoprofiel resulteert in lage - Vermogensbeheer via Optimix, een volledige kredietverliezen (2018: 0,04%); dochteronderneming van Handelsbanken; - De bank heeft geen verkoopdoelstellingen; - Internationale financierings- en cashmanagement- - Handelsbanken heeft nooit overheidssteun nodig oplossingen via wereldwijd kantorennetwerk; gehad, ook niet tijdens de financiële crisis; - Geen bonussen voor management en - Nederland is één van de zes thuismarkten van medewerkers; Handelsbanken, naast Zweden, het Verenigd - Aantal medewerkers in Nederland: 307 (Q4 2018). Koninkrijk, Denemarken, Finland en Noorwegen. LANDELIJK KANTORENNETWERK ONZE FILOSOFIE 29 kantoren door heel Nederland, met opening van Handelsbanken is een bank met een sterk nieuwe kantoren in de planning. gedecentraliseerde en kostenefficiënte manier van werken. Kantoren kunnen lokaal, dicht bij de klant, Alkmaar Breda Maastricht
  • Lloyds Banking Group PLC

    Lloyds Banking Group PLC

    Lloyds Banking Group PLC Primary Credit Analyst: Nigel Greenwood, London (44) 20-7176-1066; [email protected] Secondary Contact: Richard Barnes, London (44) 20-7176-7227; [email protected] Table Of Contents Major Rating Factors Outlook Rationale Related Criteria Related Research WWW.STANDARDANDPOORS.COM/RATINGSDIRECT JUNE 5, 2020 1 THIS WAS PREPARED EXCLUSIVELY FOR USER CIARAN TRELLIS. NOT FOR REDISTRIBUTION UNLESS OTHERWISE PERMITTED. Lloyds Banking Group PLC Major Rating Factors Issuer Credit Rating BBB+/Negative/A-2 Strengths: Weaknesses: • Market-leading franchise in U.K. retail banking, and • Geographically concentrated in the U.K., which is strong positions in U.K. corporate banking and now in recession owing to the impact of COVID-19. insurance. • Our risk-adjusted capital (RAC) ratio is lower than • Cost-efficient operating model that supports strong the average for U.K. peers, which partly reflects the pre-provision profitability, business stability, and deduction of Lloyds' material investment in its competitiveness. insurance business. • Supportive funding and liquidity profiles anchored by strong deposit franchise. WWW.STANDARDANDPOORS.COM/RATINGSDIRECT JUNE 5, 2020 2 THIS WAS PREPARED EXCLUSIVELY FOR USER CIARAN TRELLIS. NOT FOR REDISTRIBUTION UNLESS OTHERWISE PERMITTED. Lloyds Banking Group PLC Outlook The negative outlook on Lloyds Banking Group reflects potential earnings pressures arising from the economic and market impact of the COVID-19 pandemic. Downside scenario If we saw clear signs that the U.K. systemwide domestic loan loss rate was going to exceed 100 basis points in 2020, and not be offset by the prospect of a quick economic recovery, we would likely lower the anchor, our starting point for rating U.K.
  • ING Credit Update 4Q2020

    ING Credit Update 4Q2020

    ING Credit Update 4Q2020 ING Investor Relations 12 February 2021 Key points . 2020 was a year marked by the Covid-19 pandemic and the unprecedented challenges it presented to our customers, employees and society. We continue to take actions to provide support and with vaccination programmes being rolled out globally, we look forward to return to more normal circumstances in the near future . We continue our efforts to build a sustainable company, also reflected in our strong ESG profile . The current environment underscores the strength of our digital business model. We continued to grow primary customers, as they choose us as their go-to bank, while mobile interactions further increased . Pre-provision result was resilient, though the impact from Covid-19 is visible, most notably on lending and savings. After years of growth, 2020 net core lending was down by €2.5 bln, while net deposit inflow was high at €41.4 bln . Fee growth was good, as our actions on investment products and daily banking more than compensated for the impact of the Covid-19 pandemic on fees for payments and lending . 2020 risk costs were €2.7 bln with ~30% in Stage 1 and 2, mainly due to Covid-19, reflecting IFRS 9 related provisions and management overlays. For 2021 we expect to move close to our through-the–cycle average of ~25 bps . The Stage 3 ratio remained low at 1.7% and we are confident on the quality of our loan book, supported by a proven risk management framework with a strong track record, also compared to peers .
  • REGISTRATION DOCUMENT and FULL-YEAR FINANCIAL REPORT Contents

    REGISTRATION DOCUMENT and FULL-YEAR FINANCIAL REPORT Contents

    2014 REGISTRATION DOCUMENT AND FULL-YEAR FINANCIAL REPORT Contents FINANCIAL REPORT 213 5 5.1 IFRS Consolidated Financial Statements of Groupe BPCE as at December 31, 2014 214 PRESENTATION OF GROUPE BPCE 3 5.2 Statutory Auditors’ report on the consolidated fi nancial statements 318 1 1.1 Presentation of Groupe BPCE 4 5.3 IFRS Consolidated Financial Statements 1.2 History of the Group 5 of BPCE SA group as at December 31, 2014 320 1.3 Organization of Groupe BPCE 6 5.4 Statutory Auditors’ report on the consolidated 1.4 Key fi gures 2014 9 fi nancial statements 400 1.5 Contacts 11 5.5 BPCE parent company fi nancial statements 402 1.6 Calendar 11 5.6 Statutory Auditors’ report on the fi nancial statements 447 1.7 2014-2017 strategic plan: “Growing Differently” 12 1.8 Groupe BPCE’s Businesses 15 SOCIAL, ENVIRONMENTAL 6 AND SOCIETAL INFORMATION 449 CORPORATE GOVERNANCE 29 6.1 Sustainable development strategy and cooperative identity 450 2 2.1 Introduction 30 6.2 Response to economic challenges 456 2.2 Management and Supervisory Bodies 32 6.3 Human resources information 463 2.3 Role and operating rules of governing bodies 65 6.4 Response to environmental challenges 474 2.4 Rules and principles governing the determination of pay and benefi ts 72 6.5 Response to societal challenges 482 2.5 Potential confl icts of interest 84 6.6 CSR reporting methodology 491 2.6 Chairman’s report on internal control and risk 6.7 Report by one of the Statutory Auditors, management procedures for the year ended a designated independent third-party body, on the December
  • Crédit Foncier De France

    Crédit Foncier De France

    22 January 2020 Financial Institutions Crédit Foncier de France Crédit FoncierIssuer Rating de Report France STABLE AA- Issuer Rating Report Overview Ratings & Outlook Scope assigns an Issuer Rating of AA- to Crédit Foncier de France (‘CFF’) with a Stable Crédit Foncier de France Outlook, and an identical rating and outlook to its key issuing subsidiary, Compagnie de Financement Foncier (‘CoFF’). Issuer Rating AA- Outlook Stable Highlights Compagnie de Financement Foncier (CoFF) CFF is a wholly owned subsidiary of BPCE, the central body of the two large Issuer Rating AA- French banking groups, the Banque Populaire (BP) – cooperative banks – and Outlook Stable Caisses d’Epargne (CdE) – savings banks. CFF’s subsidiary CoFF’s sole purpose is to act as a covered bond issuer financing the mortgage and public-sector lending of both CFF and the whole BPCE group, with covered bonds (obligations foncières). Lead Analyst Jennifer Ray In June 2018 it was announced that from early 2019 new lending that now flows [email protected] through CFF will be conducted by other entities within Groupe BPCE, to create efficiency savings. CFF will continue to manage its existing loans, and CoFF will Associate Analyst continue to refinance the Group’s public-sector financing activities. From 2019 Alvaro Dominguez Alcalde CFF’s balance sheet is expected to shrink gradually as existing loans roll off. [email protected] Crucially, CFF and CoFF still carry the status of affiliates within the Group, and CoFF, the issuer of covered bonds, will remain as a strategic subsidiary. Affiliate Team Leader legal status implies that both Issuer Ratings are closely linked to the credit quality Dierk Brandenburg of BPCE SA1.
  • Banking on Amazon Destruction

    Banking on Amazon Destruction

    Banking on Amazon Destruction How European and U.S. banks fund the oil and gas industry despite environmental and social risks driving the Amazon over the brink An oil barge that says “Danger, Combustible, No smoking” outside a PetroPeru operation site in the Peruvian Amazon. ©Amazon Watch CONTENTS 4 Executive Summary 64 Case study 1: Petroecuador’s big project 10 Introduction 66 Case Study 2: Gran Tierra 16 The risk of Amazon destruction in the Putumayo 16 The Amazon at a tipping point 68 Case study 3: Gunvor’s 27 The solution is exclusion legacy of corruption 27 An Amazon oil and gas exclusion 70 Annex 1: Oil and gas companies framework active in the Amazon 32 How the banks stack up 75 Annex 2: Detailed Methodology 36 The Frontrunners 37 The Contenders 39 The Followers 40 The Laggards 42 Detailed Analysis 42 Commitments, governance, and engagement 45 Managing key environmental and social risks 46 Oil expansion and its effects on the climate 48 Deforestation 51 Biodiversity loss 54 Indigenous peoples’ rights 57 Pollution 59 Corruption Credits Lead author: Additional writing: Additional research: Cover photo: Back cover: Report design: Angeline Robertson Amazon Watch Chris Kuveke Deforestation in Xingu & Kayapo, ©Amazon Watch Erika Rathje Stand.earth Research Group Brazil. ©Mídia Índia Deforestation in Xingu & Kayapo, Brazil. ©Mídia Índia environmental and social risk (ESR) policies holds up against an assessment of their and end their trade financing. As we engaged current risk exposure from their finance in dialogue with these and other banks, we and investments in the top 90 oil and gas uncovered additional issues, loopholes, and companies active in the Amazon, as well as relationships, leading us to eventually identify any related controversies.