DOCSLIB.ORG

Pillar 3 Disclosures

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Pillar 3 Disclosures Pillar 3 Disclosures Translation from the Italian original which remains the definitive version st as at 31 December 2016 1 8° Joint Stock Company Registered office: Bergamo, Piazza Vittorio Veneto 8 Operating offices: Bergamo, Piazza Vittorio Veneto 8; Brescia, Via Cefalonia 74 Member of the Interbank Deposit Protection Fund and the National Guarantee Fund Tax Code, VAT No. and Bergamo Company Registration No. 03053920165 ABI (Italian Banking Association) 3111.2 Register of Banks No. 5678 Register of banking groups No. 3111.2 Parent of the Unione di Banche Italiane Banking Group Share capital as at 31st December 2016: €2,440,750,987.5 fully paid up www.ubibanca.it 2 Contents Introduction .......................................................................................................................... 5 Risk management objectives and policies ............................................................................... 7 The Scope of application ...................................................................................................... 39 Own funds .......................................................................................................................... 43 Leverage ratio ..................................................................................................................... 69 Credit risk: general disclosures and impairment for all banks .............................................. 73 Credit risk: disclosures for portfolios subject to the standardised approach and the use of ECAIs ................................................................................................................................. 83 Credit risk: use of the IRB approach .................................................................................... 85 Credit risk mitigation techniques ....................................................................................... 105 Exposure to counterparty risk ........................................................................................... 111 Exposures in positions to securitisations ........................................................................... 125 Operational risk ................................................................................................................ 133 Exposures to equity instruments not included in the trading portfolio ................................ 135 Exposure to interest rate risk on positions not included in the trading portfolio .................. 139 Encumbered and unencumbered assets ............................................................................ 143 The Group Remuneration and Incentive Policy ................................................................... 145 Statement of the Senior Officer Responsible for the preparation of corporate accounting documents ........................................................................................................................ 147 3 4 Introduction Pillar 3 regulations require compulsory disclosures on capital adequacy, exposure to risks and the general characteristics of systems designed to identify, measure and manage these risks. Where internal systems are used to calculate capital requirements for credit and operational risks, disclosure of this information constitutes a necessary condition for recognition of these approaches for regulatory purposes. From 1st January 2014, Pillar 3 Disclosures are regulated by Part Eight and Part Ten (Title I, Chapter 3) of Regulation EU 575/2013 (the "CRR") and by regulatory and implementation provisions issued by the European Commission with regulations for the following: standard templates for the public disclosure of information on own funds; standard templates for the public disclosure of information on own funds in the period running from 1st January 2014 to 31st December 2021; disclosure obligations concerning reserves in equity; standard templates for the disclosure of information on indicators of systemic importance; disclosures concerning balance sheet assets free from encumbrances; standard templates for the disclosure of information on leverage ratios. The information must be published on the bank’s website at least once per year, when its annual report is published. The CRR does not explicitly require interim disclosures, but it is left at the discretion of banks to publish some or all the information more frequently. The UBI Group has decided to maintain the content and frequency of its Pillar 3 disclosures (quarterly) the same as under the preceding regulations. Essentially the regulations require the same information content as for disclosures in force until 31st December 2013, with the addition of further information on governance, remuneration and unencumbered assets and with the disclosure of the leverage ratio indicator. The new regulations give a list of the minimum disclosure requirements without requiring special summary tables (the “Tables” of the previous regulations), except for those indicated above. The UBI Banca Group has defined a process for producing Pillar 3 public disclosures with the following aims: to produce adequate information on capital adequacy, exposure to risks and the general characteristics of the systems employed to identify, measure and manage them, which is then included in the Pillar 3 Disclosures; to formalise the processes used by the Group for the preparation and publication of the Pillar 3 Disclosures; to allow a structured approach to be taken to verifying the reliability and proper implementation of activities to produce, prepare and disclose the information. This Pillar 3 Disclosures document has been prepared by means of co-operation between the various bodies and units involved in the governance and execution of processes, consistent with their responsibilities as assigned by internal Group regulations. 5 For full information, the information published relates to the regulatory consolidation, which consists of those entities subject to banking consolidation for regulatory purposes. Any differences with respect to other sources (consolidated financial statements prepared with the same reporting date) are therefore attributable to differences in the scope of consolidation considered. The UBI Banca Group has published this Pillar 3 Disclosures document on its website in the investor relations section (www.ubibanca.it). Further information on risk and capital adequacy is reported in the Management Report and in the notes to the consolidated financial statements as at and for the year ended 31st December 20161. Furthermore, all information on the corporate governance of UBI Banca and on Group Remuneration and Incentive Policies is reported in the “Report on Corporate Governance and the Ownership Structure” and in the “Report on Remuneration”. These reports may be consulted on the corporate website of the bank at the address: www.ubibanca.it. NOTE: all the figures contained in the disclosure tables are stated in thousands of euros, unless otherwise stated. 1 See Part E and Part F of the notes to the financial statements. 6 Risk management objectives and policies Qualitative information The UBI Group has adopted a risk control system which provides regulations to implement the guidelines of the Internal Control System in an integrated manner in order to allow the Parent to perform its activities of policy setting and strategic, management and operational control effectively and economically. Group member companies co-operate pro-actively in identifying risks to which they are subject and in defining the relative criteria for measuring, managing and monitoring them. The key principles on which Group risk analysis and management are based for the pursuit of an increasingly more knowledgeable and efficient allocation of economic and regulatory capital are as follows: rigorous containment of financial and credit risks and strong management of all types of risk; the use of a sustainable value creation approach to the definition of risk appetite and the allocation of capital; definition of the Group’s risk appetite with reference to specific types of risk and/or specific activities in a set of policy regulations for the Group and for the single entities within it. The system of risk governance and management is reflected in the organisational structure of the Group, which is designed, from an organisational, regulatory and methodological viewpoint, to ensure that operations have an appropriate risk appetite. Risk objectives and governance and risk-taking policies are set by the Supervisory Board, with support from specific committees2 and from the Chief Risk Officer (CRO), who reports directly to the Chief Executive Officer. The Management Board is responsible for implementing the risk management process, supported by the work of management committees3. In detail the CRO is responsible for the risk control function, the implementation of governance policies and the risk management system, performing the control function and providing the governing bodies with an overview of the various risks (credit, market, operational, liquidity, reputational etc.). He co-ordinates the process of defining and managing the Risk Appetite Framework (RAF) in 2 One internal board committee with an important role is the Risk Committee formed at the end of 2015. Its purpose is to support the Supervisory Board with fact finding, advisory and proposal making functions in carrying out its responsibilities in its capacity as the strategic supervisory
Load more

Recommended publications
  • Tabella Banche Convenzionate Campania
    BANCA CARIGE BANCA CARIGE ITALIA BANCA CARIME BANCA CARIPE BANCA CESARE PONTI BANCA DEL FUCINO BANCA DEL MONTE DI LUCCA BANCA DELL'ADRIATICO BANCA DI VITERBO CREDITO COOPERATIVO BANCA DI CREDITO COOP. DI CAMBIANO BANCA DI CREDITO COOP. DI FORNACETTE BANCA DI CREDITO COOP. CASTAGNETO CARDUCCI BANCA DI CREDITO POPOLARE BANCA DI CREDITO SARDO BANCA DI IMOLA BANCA DI PIACENZA BANCA DI SASSARI BANCA DI TRENTO E BOLZANO BANCA DI VALLE CAMONICA BANCA EUROMOBILIARE BANCA FIDEURAM BANCA GENERALI BANCA IFIGEST BANCA MEDIOLANUM BANCA MONTE PARMA BANCA PASSADORE BANCA POPOLARE DI APRILIA BANCA POPOLARE DI LANCIANO E SULMONA BANCA POPOLARE COMMERCIO E INDUSTRIA BANCA POPOLARE DEL CASSINATE BANCA POPOLARE DEL FRUSINATE BANCA POPOLARE DEL LAZIO BANCA POPOLARE DELL'ALTO ADIGE - VOLKSBANK BANCA POPOLARE DELL'EMILIA ROMAGNA BANCA POPOLARE DI ANCONA BANCA POPOLARE DI BARI BANCA POPOLARE DI BERGAMO BANCA POPOLARE DI MANTOVA BANCA POPOLARE DI MILANO BANCA POPOLARE DI PUGLIA E BASILICATA BANCA POPOLARE DI SPOLETO BANCA POPOLARE PUGLIESE BANCA POPOLARE VALCONCA BANCA PROSSIMA BANCA REGIONALE EUROPEA BANCA SISTEMA BANCA TERCAS BANCA VALSABBINA BANCO DI BRESCIA BANCO DI DESIO E DELLA BRIANZA BANCO DI LUCCA BANCO DI NAPOLI BANCO DI SARDEGNA BARCLAYS BANK CABEL CASSA DEI RISPARMI DI FORLI' E DELLA ROMAGNA CASSA CENTRALE BANCA - CREDITO COOP. DEL NORD EST CASSA CENTRALE RAIFFEISEN DELL'ALTO ADIGE CASSA DI RISPARMIO DELLA PROV. DELL'AQUILA CASSA DI RISPARMIO DEL FRIULI V. GIULIA CASSA DI RISPARMIO DEL VENETO CASSA DI RISPARMIO DELLA PROV. DI VITERBO CASSA DI RISPARMIO DELLA SPEZIA CASSA DI RISPARMIO DI BOLOGNA CASSA DI RISPARMIO DI BOLZANO - SPARKASSE CASSA DI RISPARMIO DI CARRARA CASSA DI RISPARMIO DI CESENA CASSA DI RISPARMIO DI CITTA' DI CASTELLO CASSA DI RISPARMIO DI CIVITAVECCHIA CASSA DI RISPARMIO DI FIRENZE CASSA DI RISPARMIO DI FOLIGNO CASSA DI RISPARMIO DI ORVIETO CASSA DI RISPARMIO DI PISTOIA E LUCCHESIA CASSA DI RISPARMIO DI RAVENNA CASSA DI RISPARMIO DI RIETI CASSA DI RISPARMIO DI S.
    [Show full text]
  • UBI CB1 Notice to Investors FINAL
    UNIONE DI BANCHE ITALIANE S.P.A. (incorporated as a co-operative company limited by shares in the Republic of Italy and registered at the Companies' Registry of Bergamo under registration number 03053920165 ) Euro 15,000,000,000 Covered Bond ( Obbligazioni Bancarie Garantite ) Programme unconditionally and irrevocably guaranteed as to payments of interest and principal by UBI FINANCE S.R.L. (the “ Programme ”) (incorporated as a limited liability company in the Republic of Italy and registered at the Companies' Registry of Milan under registration number 06132280694 ) NOTICE OF AMENDMENTS OF CERTAIN TRANSACTION DOCUMENTS TO THE HOLDERS OF Euro 1,000,000,000 4.000 per cent. Covered Bonds due 16 December 2019 – ISIN: IT0004558794 Euro 250,000,000 Floating Rate Amortising Covered Bonds due 30 April 2022 – ISIN: IT0004599491 Euro 1,000,000,000 3.375 per cent. Covered Bonds due 15 September 2017 – ISIN: IT0004619109 Euro 1,000,000,000 5.250 per cent. Covered Bonds due 28 January 2021 – ISIN: IT0004682305 Euro 250,000,000 Floating Rate Amortising Covered Bonds due 2021 – ISIN: IT0004777444 Euro 1,500,000,000 3.125 per cent. Covered Bonds due 14 October 2020 – ISIN: IT0004966195 Euro 1,000,000,000 3.125 per cent. Covered Bonds due 5 February 2024 – ISIN: IT0004992878 Euro 700,000,000 Floating Rate Amortising Covered Bonds due 5 March 2019 – ISIN: IT0005002677 Euro 1,000,000,000 Fixed Rate Covered Bonds due 7 February 2025 – ISIN: IT0005067076 Euro 500,000,000 Floating Rate Covered Bonds due 14 December 2022 – ISIN: IT0005155673 Euro 1,000,000,000
    [Show full text]
  • Elenco Banche Italiane Convenzionate Sofort
    SOFORT: ELENCO BANCHE ITALIANE CONVENZIONATE SOFORT Banca Nazionale Del Lavoro (BNL) Banca Monte Dei Paschi Di Siena (MPS) Fineco Bank Banca Popolare Di Lodi Ubi Banca Banco Di Sicilia Ing Direct IW Bank Banco Popolare Webank Banca Popolare Di Milano (BPM) Banca Aletti Banca Alpi Marittime Credito Cooperativo Carru’ Banca Antonveneta Banca Area Pratese Credito Cooperativo Banca Carime Banca Cesare Ponti Banca Commercio E Industria Banca Cooperativa Valsabbina Banca Dei Sibillini Banca Del Centroveneto Banca Del Fucino Banca Del Monte Di Lucca Banca Del Monte e Cassa Di Risparmio Faenza Banca Del Piemonte Banca Del Sud Banca Di Caraglio E Della Riviera Dei Fiori Banca Di Credito Cooperativo Abruzzese Banca Di Credito Cooperativo Alto Friuli Banca Di Credito Cooperativo Del Basso Sebino Banca Di Credito Cooperativo Del Basso Veronese Banca Di Credito Cooperativo Del Cremonese Banca di Credito Cooperativo dell’Adda e del Cremasco Banca Di Credito Cooperativo Dell’alto Reno Banca Di Credito Cooperativo Di Busto Garolfo e Buguggiate Banca Di Credito Cooperativo Di Campobello Di Mazara Banca Di Credito Cooperativo Di Carate Brianza Banca Di Credito Cooperativo Di Caravaggio Banca Di Credito Cooperativo Di Cartura Banca Di Credito Cooperativo Di Carugate Banca Di Credito Cooperativo Di Casalgrasso E Del Carmagnolese Banca Di Credito Cooperativo Di Cesarolo Bibione Banca Di Credito Cooperativo Di Colobraro E Valsinni Banca Di Credito Cooperativo Di Fano Banca Di Credito Cooperativo Di Ostra E Morro D’alba Banca Di Credito Cooperativo Di Policoro
    [Show full text]
  • An Introduction to the UBI Banca Group
    An introduction to the UBI Banca Group June 2015 Disclaimer This document has been prepared by solicitation, offer, invitation or Group, please refer to publicly available Unione di Banche Italiane Scpa (“UBI”) for recommendation to purchase, subscribe information, including Annual, Quarterly informational purposes only. or sell for any investment instruments, to and Interim Reports. It is not permitted to publish, transmit or effect any transaction, or to conclude any By receiving this document you agree to otherwise reproduce this document, in legal act of any kind whatsoever. be bound by the foregoing limitations. whole or in part, in any format, to any third This document may contain statements party without the express written consent that are forward-looking: such statements Please be informed that some of the of UBI and it is not permitted to alter, are based upon the current beliefs and managers of UBI involved in the drawing manipulate, obscure or take out of context expectations of UBI and are subject to up and in the presentation of data any information set out in the document. significant risks and uncertainties. These contained in this document either The information, opinions, estimates and risks and uncertainties, many of which are participated in a stock option plan and forecasts contained herein have not been outside the control of UBI, could cause the were therefore assigned stock of the independently verified and are subject to results of UBI to differ materially from company or possess stock of the bank change without notice. those set forth in such forward looking otherwise acquired. The disclosure They have been obtained from, or are statements.
    [Show full text]
  • Pillar 3 Disclosures
    Pillar 3 disclosures as at 31st December 2008 Joint stock co-operative company Registered office: Bergamo, Piazza Vittorio Veneto 8 Operating offices: Bergamo, Piazza Vittorio Veneto 8; Brescia, Via Cefalonia 74 Member of the Interbank Deposit Protection Fund and the National Guarantee Fund Tax Code, VAT No. and Bergamo Company Registration No. 03053920165 ABI (Italian Banking Association) 3111.2 Register of Banks No. 5678 Register of banking groups No. 3111.2 Parent Bank of the Unione di Banche Italiane Banking Group Share capital as at 31st December 2008: Euro 1.597.864.755,00 fully paid up www.ubibanca.it 2 Contents Introduction ............................................................................................................................ 5 Table 1 – General requirements ............................................................................................... 7 Table 2 - Scope of application ................................................................................................ 25 Table 3 - Supervisory capital structure .................................................................................. 29 Table 4 - Capital adequacy .................................................................................................... 37 Table 5 - Credit risk: general disclosures for all banks .......................................................... 41 Table 6 - Credit risk: disclosures for portfolio subject to the standardized approach and specialized lending and equity exposures subject to IRB approaches
    [Show full text]
  • ELENCO CODICI ENTI SEGNALANTI* (Aggiornato Al 15 Dicembre 2014)
    ELENCO CODICI ENTI SEGNALANTI* (aggiornato al 15 dicembre 2014) CODICE ENTE N°ALBO DENOMINAZIONE SOCIETA' CODICE TIPO DENOMINAZIONE ENTE SEGNALANTE DENOMINAZIONE FONDO SEGNALANTE FONDO (al cui interno è istituito il fondo) FONDO FONDO E00001 ALER MILANO 1412 INTEGRAZIONE DEL TRATTAMENTO DI QUIESCENZA DEL PERSONALE ALER MILANO 1412 FPP E00002 ALLEANZA ASSICURAZIONI S.P.A. 6 ALMEGLIO - FONDO PENSIONE APERTO ALLEANZA A CONTRIBUZIONE DEFINITA ALLEANZA ASSICURAZIONI S.P.A. 3006 FPA 5006 ALLEATA PREVIDENZA - PIANO PENSIONISTICO DI TIPO ASSICURATIVO - FONDO PENSIONE ALLEANZA ASSICURAZIONI S.P.A. 5006 PIP E00003 ALLIANZ S.P.A. 4 PREVIRAS - FONDO PENSIONE APERTO A CONTRIBUZIONE DEFINITA ALLIANZ S.P.A. 3004 FPA 24 L.A. PREVIDENZA FONDO PENSIONE APERTO ALLIANZ S.P.A. 3024 FPA 118 INSIEME - FONDO PENSIONE APERTO A CONTRIBUZIONE DEFINITA ALLIANZ S.P.A. 3118 FPA 5009 SISTEMA PREVIDENZA - PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - FONDO ALLIANZ S.P.A. 5009 PIP PENSIONE 5017 OBIETTIVO PREVIDENZA - PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - ALLIANZ S.P.A. 5017 PIP FONDO PENSIONE 5018 ALLIANZ PREVIDENZA - PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - FONDO ALLIANZ S.P.A. 5018 PIP PENSIONE 5022 MYLIFE PREVIDENZA 2007 - PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - ALLIANZ S.P.A. 5022 PIP FONDO PENSIONE 5035 OBIETTIVO PENSIONE PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - FONDO ALLIANZ S.P.A. 5035 PIP PENSIONE 5094 ORIZZONTE PREVIDENZA - PIANO INDIVIDUALE PENSIONISTICO DI TIPO ASSICURATIVO - ALLIANZ S.P.A. 5094 PIP FONDO PENSIONE E00004 AMUNDI SGR S.P.A. 65 SECONDAPENSIONE FONDO PENSIONE APERTO AMUNDI SGR S.P.A. 3065 FPA E00005 ANIMA SGR S.P.A.
    [Show full text]
  • UBI FINANCE CB 2 COVERED BOND - INVESTOR REPORT Report at 31/07/2015
    UBI FINANCE CB 2 COVERED BOND - INVESTOR REPORT Report at 31/07/2015 Counterparties Issuer Unione di Banche Italiane S.c.p.a. Sellers Banco di Brescia S.p.A., Banca Regionale Europea S.p.A., Banca Popolare di Bergamo S.p.A., Banca Popolare di Ancona S.p.A., IW Bank S.p.A. (formerly UBI Banca Private Investment S.p.A. (*)(**), Banca di Valle Camonica S.p.A., Banca Carime S.p.A., Banca Popolare Commercio e Industria S.p.A, and Unione di Banche Italiane S.c.p.a (**) Guarantor UBI Finance CB 2 S.r.l. Servicer Unione di Banche Italiane S.c.p.a. Calculation Agent Unione di Banche Italiane S.c.p.a. Liability Swap Provider n.a Asset Swap Provider: n.a. Italian Account Provider Unione di Banche Italiane S.c.p.a. Luxembourg Account Provider UBI Banca International S.A. (*) Please be informed that UBI Banca Private Investment changed the company's name in IW Bank S.p.A following the merger with IW Bank on 25th of May. (**) At the date of this report both IW Bank and Unione di Banche Italiane have signed the Master Purchase Agreement, but haven't sold any loans yet Denomination ISIN Series Issue Date Maturity Date Currency Principal Coupon UBI BANCA TV CB2 due 28/05/2018 IT0004818701 1st (private placement) 28/05/2012 28/05/2018 Eur 1.080.000.000,00 5.486.880,00 UBI BANCA TV CB2 due 29/10/2022 IT0004864663 2nd (private placement) 29/10/2012 29/10/2022 Eur 500.000.000,00 3.170.166,67 UBI BANCA TV CB2 due 05/03/2019 IT0005002842 3rd (private placement) 05/03/2014 05/03/2019 Eur 200.000.000,00 410.466,67 UBI BANCA TV CB2 due 14/07/2021 IT0005122418
    [Show full text]
  • UBI Banca Optimizes Help Desk Management with CA Service Desk Manager
    CUSTOMER SUCCESS STORY UBI Banca Optimizes Help Desk Management with CA Service Desk Manager CLIENT PROFILE Business: Gruppo UBI Banca Industry: Banking Total deposits: 89.7 billion euros Employees: 17,500-plus BUSINESS CHALLENGE SOLUTION BENEFIT UBI Banca is one of UBI Banca wanted UBI Banca replaced its The number of tickets Italy’s leading banking to improve help desk three existing tools with is down by around groups, made up of eight effi ciency and reduce total CA Service Desk Manager, 10 percent, with quicker banks operating through cost of ownership (TCO) which is today used by response times and lower 1,560 branches. without changing the 17,000 employees and total cost of ownership. company’s processes. more than 400 operators and analysts. 2 | CUSTOMER SUCCESS STORY: GRUPPO UBI BANCA ca.com Business UBI Banca is Italy’s fourth biggest bank by direct income and the third by market capitalization. The company has a market share of over fi ve percent and operates A large banking group rooted in Italy’s through 1,560 branches located mainly in the wealthiest regions of the country, most economically dynamic regions with more than 17,500 employees. Gruppo UBI Banca – listed on the Milan stock exchange and part of the FTSE/MIB index – was created on April 1, 2007 by the merger of BPU (Banche Popolari Unite) and Banca Lombarda e Piemontese. The parent company controls eight regional banks (Banca Popolare di Bergamo, Banco di Brescia, Banca Popolare Commercio e Industria, Banca Regionale Europea, Banca Popolare di Ancona, Banca Carime, Banca di Valle Camonica, IWBank Private Investment), alongside specialist organisations for asset management, factoring, leasing and insurance.
    [Show full text]
  • Supplement Dated 26 January 2017 to the Covered Bond Prospectus Approved on 28 July 2016 As Supplemented on 12 August 2016
    SUPPLEMENT DATED 26 JANUARY 2017 TO THE COVERED BOND PROSPECTUS APPROVED ON 28 JULY 2016 AS SUPPLEMENTED ON 12 AUGUST 2016 UNIONE DI BANCHE ITALIANE S.P.A. (incorporated as a joint stock company in the Republic of Italy and registered at the Companies' Registry of Bergamo under registration number 03053920165 ) Euro 5,000,000,000 Covered Bond ( Obbligazioni Bancarie Garantite ) Programme unconditionally and irrevocably guaranteed as to payments of interest and principal by UBI FINANCE CB 2 S.R.L. (incorporated as a limited liability company in the Republic of Italy and registered at the Companies' Registry of Milan under registration number 07639080964 ) This document constitutes a supplement (the “Supplement ”) to the prospectus dated 28 July 2016, as supplemented on 12 August 2016 (the “Prospectus ”), which constitutes a base prospectus under Article 5.4 of Directive 2003/71/EC, which includes the amendments made by Directive 2010/73/EU (the “Prospectus Directive ”) and is prepared in connection with the Euro 5,000,000,000 Covered Bond (Obbligazioni Bancarie Garantite ) Programme (the “Programme ”) of Unione di Banche Italiane S.p.a. (the “Issuer ” or “UBI Banca ”), unconditionally and irrevocably guaranteed as to payments of interest and principal by UBI Finance CB 2 S.r.l. (the “Guarantor ”). This Supplement is supplemental to, and shall be read in conjunction with, the Prospectus and any other supplement to the Prospectus prepared by the Issuer under the Programme. Terms defined in the Prospectus have the same meaning when used in this Supplement, unless they have been specifically defined herein. This Supplement has been approved by the Central Bank of Ireland, as competent authority under the Prospectus Directive.
    [Show full text]
  • Bilancio D’Esercizio Al 31 Dicembre 2018" and Has Been Prepared Solely for the Convenience of International Readers
    UUBBII FFIINNAANNCCEE SS..RR..LL.. COMPANY UNDER THE MANAGEMENT AND COORDINATION OF UBI BANCA S.P.A. Foro Buonaparte 70 – 20121 Milan Quota capital € 10,000.00 = fully paid up Listed on the Milan Business Register no. 06132280964 | REA 1871670 Tax ID no. 07639080964 Part of the UBI VAT Group, VAT no. 04334690163 FFIINNAANNCCIIAALL SSTTAATTEEMMEENNTTSS AATT 3311 DDEECCEEMMBBEERR 22001188 This is a translation of the Italian original "Bilancio d’esercizio al 31 dicembre 2018" and has been prepared solely for the convenience of international readers. In the event of any ambiguity the Italian text will prevail. The Italian original is available upon written request to UBI Finance S.r.l., Foro Buonaparte 70 – 20121 Milan (Italy) FINANCIAL STATEMENTS AT 31 DECEMBER 2018 UBI FINANCE S.R.L. CCONTENTS ADMINISTRATIVE BODY ....................................................................................................... 3 REPORT ON OPERATIONS ..................................................................................................... 4 1 - GENERAL INFORMATION 4 1.1 - Management of the Company 6 1.2 - Company organisation 10 1.3 - Research and development 10 1.4 – Treasury and parent company quotas 10 1.5 - Management and coordination activities 11 1.6 – Transactions with associated parties and infra-group transactions 11 1.7 -. Going concern. 11 2 - IMPORTANT EVENTS AFTER CLOSURE OF THE FINANCIAL YEAR 11 3 – BUSINESS OUTLOOK 11 4 - PROFIT FOR THE YEAR 11 5 - OTHER INFORMATION 11 BALANCE SHEET ...............................................................................................................
    [Show full text]
  • 'An Assessment of Asset and Liquidity Quality As Indicators of Performance Within the European Banking Sector'
    ‘An assessment of asset and liquidity quality as indicators of performance within the European banking sector’ Eva J. Gleeson MSc in Management National College of Ireland, IFSC Submitted to the National College of Ireland, September 2015 1 Submission of Thesis and Dissertation National College of Ireland Research Students Declaration Form (Thesis/Author Declaration Form) Name: Eva J. Gleeson Student Number: x13117114 Degree for which thesis is submitted: MSC Management Material submitted for award (a) I declare that the work has been composed by myself. (b) I declare that all verbatim extracts contained in the thesis have been distinguished by quotation marks and the sources of information specifically acknowledged. (c) My thesis will be included in electronic format in the College Institutional Repository TRAP (thesis reports and projects). (d) Either *I declare that no material contained in the thesis has been used in any other submission for an academic award Or *I declare that the following material contained in the thesis formed part of a submission for the award of MSC Management (State the award and the awarding body and list the material below) Signature of research student: Eva J. Gleeson Date:31//08/2015 2 Submission of Thesis to Norma Smurfit Library, National College of Ireland Student name: ______________________________ Student number: __________ ___ __ School: ___________________________________ Course: __________ ______________ Degree to be awarded: __________________________________ _____________ _ __ Title of Thesis: __________________________________________________________ ___ _______________________________________________________________________ __ _______________________________________________________________________ __ One hard bound copy of your thesis will be lodged in the Norma Smurfit Library and will be available for consultation. The electronic copy will be accessible in TRAP (http://trap.ncirl.ie/), the National College of Ireland’s Institutional Repository.
    [Show full text]
  • Standardised In-Depth Coverage of 300 Listed Banks and 370 Non-Listed Banks in 45 European Countries
    Standardised in-depth coverage of 300 listed banks and 370 non-listed banks in 45 European countries COMPANY SNL IDENTIFIER COMPANY SNL IDENTIFIER COMPANY SNL IDENTIFIER AUSTRIA (23 BANKS) Croatia cont’d. FAROE ISLANDS (2 BANKS) Bank für Tirol und Vorarlberg BTS-WBO Podravska Banka PDBARA-ZSE BankNordik BNORDIK-CSE BAWAG P.S.K. 4155878 Privredna Banka Zagreb PBZRA-ZSE Eik Banki 4238346 BKS Bank BKS-WBO Raiffeisenbank Austria 4242246 FINLAND (6 BANKS) Erste Group Bank EBS-WBO Slatinska Banka SNBARA-ZSE Aktia AKTAV-HEL Hypo Alpe-Adria-Bank 4138555 Splitska Banka 4238410 Ålandsbanken ALBAV-HEL Hypo Alpe-Adria-Bank International 4242197 Vaba dd Banka Varaždin* BPBARA-ZSE Nordea Bank Finland 4242232 Hypo Landesbank Vorarlberg 4185986 Zagrebac˘ka Banka ZABARA-ZSE OP-Pohjola Group 4242235 Hypo Noe Gruppe Bank 4253553 CYPRUS (4 BANKS) Pohjola Bank POH1S-HEL Hypo Tirol Bank 4210296 Bank of Cyprus BOCY-CYP Sampo Bank 4242252 Investkredit Bank 4242208 Cyprus Popular Bank CPB-CYP FRANCE (73 BANKS) Kommunalkredit Austria 4242213 Hellenic Bank HB-CYP Banque Fédérative du Crédit Mutuel 4216441 Oberbank OBS-WBO USB BANK USB-CYP Banque Palatine 4141303 Österreichische Volksbanken VBPS-WBO CZECH REPUBLIC (7 BANKS) Banque Populaire Atlantique 4245492 Raiffeisen Bank International RBI-WBO Ceská Sporitelna 4242152 Banque Populaire Bourgogne Raiffeisen Bausparkasse 4242243 CSOB* 4242154 Franche-Comté 4245493 Raiffeisen Zentralbank Österreich 4112994 Hypotecˇní Banka* 4242198 Banque Populaire de l’Ouest 4242112 Raiffeisenlandesbank Komercni Banka BAAKOMB-PSE
    [Show full text]