- Page 2 and 3: Joint stock co-operative company Re
- Page 4 and 5: ▪ Principal risks and uncertainti
- Page 6 and 7: REPORT ON CORPORATE GOVERNANCE AND
- Page 8 and 9: A low risk profile The Group has no
- Page 10 and 11: UBI Banca: company officers Honorar
- Page 14 and 15: UBI Banca Group: principal figures
- Page 16 and 17: STANDARD & POOR’S Short-term Coun
- Page 18: items proposed. The signature of ea
- Page 22 and 23: • the European semester was intro
- Page 24 and 25: The macroeconomic framework The rec
- Page 26 and 27: particular where a sharp drop in ex
- Page 28 and 29: Equity markets managed by Borsa Ita
- Page 30 and 31: From the viewpoint of risk, in Dece
- Page 32 and 33: Significant events that occurred du
- Page 34 and 35: (branch, contact centre and direct
- Page 36 and 37: Further simplification of the custo
- Page 38 and 39: Strengthening capital The share cap
- Page 40 and 41: Exercise of “Warrant azioni ordin
- Page 42 and 43: saturated or have limited margins f
- Page 44 and 45: Commercial activity Commercial poli
- Page 46 and 47: The grant of loans by banks in the
- Page 48 and 49: In the fourth quarter of 2011, the
- Page 50 and 51: certification. As part of the conve
- Page 52 and 53: specific professional roles, design
- Page 54 and 55: Advertising and marketing initiativ
- Page 56 and 57: objective of the customer satisfact
- Page 58 and 59: applications received were processe
- Page 60 and 61: April 1 . It closed down a mini-bra
- Page 62 and 63:
The international presence The inte
- Page 64 and 65:
• the release of a mobile applica
- Page 66 and 67:
The Group also has over 61 thousand
- Page 68 and 69:
At the end of 2011, the total perso
- Page 70 and 71:
The Group is also considering the a
- Page 72 and 73:
The operation required the adoption
- Page 74 and 75:
- courses to increase knowledge and
- Page 76 and 77:
Consolidation scope The companies t
- Page 78 and 79:
36. BPCI Capital Trust (100% contro
- Page 80 and 81:
0.0357% of the share capital), whic
- Page 82 and 83:
Other companies: • Lombarda Lease
- Page 84 and 85:
accounting and tax purposes from 1
- Page 86 and 87:
Reclassified consolidated quarterly
- Page 88 and 89:
Reclassified consolidated quarterly
- Page 90 and 91:
Reconciliation schedule to 31st Dec
- Page 92 and 93:
The consolidated income statement T
- Page 94 and 95:
Generally, however, these investmen
- Page 96 and 97:
• net hedging income - which repr
- Page 98 and 99:
item “expenses for retired person
- Page 100 and 101:
Net impairment losses on loans: com
- Page 102 and 103:
As a result of the performance desc
- Page 104 and 105:
- €521.2 million for the full imp
- Page 106 and 107:
and issued by UBI Banca Internation
- Page 108 and 109:
Direct funding The direct funding o
- Page 110 and 111:
Listed securities Bonds listed on t
- Page 112 and 113:
mortgages already held on their boo
- Page 114 and 115:
Indirect funding and assets under m
- Page 116 and 117:
only provides an update of ASSETS U
- Page 118 and 119:
processes to improve credit quality
- Page 120 and 121:
Details of the geographical distrib
- Page 122 and 123:
Agreement between BPCI and Altachia
- Page 124 and 125:
unsecured loans mentioned above, th
- Page 126 and 127:
In detail, the annual change (-€4
- Page 128 and 129:
and to thereby guarantee greater st
- Page 130 and 131:
With regard to the liquidity reserv
- Page 132 and 133:
The new ratings assigned to the abo
- Page 134 and 135:
Management accounting figures 1 as
- Page 136 and 137:
• decreases in the fair value of
- Page 138 and 139:
This category also includes investm
- Page 140 and 141:
which were fully disposed of in the
- Page 142 and 143:
As concerns the longer-term segment
- Page 144 and 145:
portfolio of assets eligible as col
- Page 146 and 147:
The table summarises direct Group e
- Page 148 and 149:
Financial derivative instruments fo
- Page 150 and 151:
OTC currency derivatives: details o
- Page 152 and 153:
Equity and capital adequacy Reconci
- Page 154 and 155:
Capital adequacy Capital ratios (Ba
- Page 156 and 157:
Research & Development Research & D
- Page 158 and 159:
Transactions with related parties W
- Page 160 and 161:
In compliance with IAS 24, Part H o
- Page 162 and 163:
Net loans to customers Figures in t
- Page 164 and 165:
Indirect funding from customers (at
- Page 166 and 167:
- net commission income rose to €
- Page 168 and 169:
BANCO DI BRESCIA SPA Figures in tho
- Page 170 and 171:
Direct funding reached €12.7 bill
- Page 172 and 173:
mortgages (-€6.5 million) and the
- Page 174 and 175:
BANCA REGIONALE EUROPEA SPA Figures
- Page 176 and 177:
As concerns the balance sheet, loan
- Page 178 and 179:
- dividends and similar income fell
- Page 180 and 181:
BANCA CARIME SPA Figures in thousan
- Page 182 and 183:
Capital ratios consisted of a tier
- Page 184 and 185:
Net operating income fell (-€21.5
- Page 186 and 187:
B@NCA 24-7 SPA Figures in thousands
- Page 188 and 189:
late payments for technical reasons
- Page 190 and 191:
launch of high remuneration deposit
- Page 192 and 193:
UBI LEASING SPA Figures in thousand
- Page 194 and 195:
The continuing deterioration of the
- Page 196 and 197:
UBI Pramerica SGR finished in secon
- Page 198 and 199:
have branches (Poland, Spain and Ge
- Page 200 and 201:
Other information Treasury shares I
- Page 202 and 203:
In a meeting of 11 th July 2011, th
- Page 204 and 205:
exempt from the duty if average ann
- Page 206 and 207:
Tax litigation As already reported,
- Page 208 and 209:
Banco di Brescia Spa, the former Ba
- Page 210 and 211:
Investor relations and external com
- Page 212 and 213:
Social and environmental responsibi
- Page 214 and 215:
ECONOMIC REPORT In 2011 the Group g
- Page 216 and 217:
Principal risks and uncertainties t
- Page 218 and 219:
Credit risk Credit risk constitutes
- Page 220 and 221:
Risks relating to health and safety
- Page 222 and 223:
Subsequent events and the business
- Page 224 and 225:
223
- Page 226 and 227:
225
- Page 228 and 229:
227
- Page 230 and 231:
229
- Page 232 and 233:
Consolidated Balance Sheet ASSETS (
- Page 234 and 235:
Consolidated statement of comprehen
- Page 236 and 237:
to 31/12/2010 (figures in thousands
- Page 238 and 239:
Reconciliation Figures in thousands
- Page 240 and 241:
Part A - Accounting policies A.1 -
- Page 242 and 243:
‐ the formation, on 20 th Decembe
- Page 244 and 245:
1. Equity investments in companies
- Page 246 and 247:
2. Other information Companies in w
- Page 248 and 249:
million were recognised through pro
- Page 250 and 251:
The revision of the useful life of
- Page 252 and 253:
1274/2008, 53/2009, 70/2009, 494/20
- Page 254 and 255:
A.2 - THE MAIN ITEMS IN THE FINANCI
- Page 256 and 257:
2. Available-for-sale financial ass
- Page 258 and 259:
3. Held-to-maturity investments 3.1
- Page 260 and 261:
epayments, plus or minus the cumula
- Page 262 and 263:
• at the start of the hedging tra
- Page 264 and 265:
5.3.3 Hedging portfolios of assets
- Page 266 and 267:
Tangible assets, functional and oth
- Page 268 and 269:
7.5 Property, equipment and investm
- Page 270 and 271:
Amortisation begins when the asset
- Page 272 and 273:
8.4.3. Derecognition criteria Intan
- Page 274 and 275:
11. Non-current assets and disposal
- Page 276 and 277:
Exchange rate differences arising f
- Page 278 and 279:
14.4 Segment reporting Segment repo
- Page 280 and 281:
A.3 - INFORMATION ON FAIR VALUE A I
- Page 282 and 283:
Information on the valuation models
- Page 284 and 285:
PART B - Notes to the consolidated
- Page 286 and 287:
SECTION 3 Financial assets at fair
- Page 288 and 289:
4.2 Available-for-sale financial as
- Page 290 and 291:
Purchases of units of O.I.C.R.s con
- Page 292 and 293:
7.2 Loans to customers: composition
- Page 294 and 295:
SECTION 9 Fair value change in hedg
- Page 296 and 297:
For further details “Part A. Acco
- Page 298 and 299:
2016 (from 1 st January 2020 in the
- Page 300 and 301:
12.3 Property, equipment and invest
- Page 302 and 303:
12.5 Commitments for the purchase o
- Page 304 and 305:
in the former Banca Lombarda Group
- Page 306 and 307:
an exceptional and temporary capita
- Page 308 and 309:
years (beta = 1.29x) and five years
- Page 310 and 311:
een verified that the overall rate
- Page 312 and 313:
SECTION 14 Tax assets and tax liabi
- Page 314 and 315:
to the debt for the health policy w
- Page 316 and 317:
SECTION 15 Non-current assets and l
- Page 318 and 319:
LIABILITIES SECTION 1 Due to banks
- Page 320 and 321:
SECTION 3 Securities issued - Item
- Page 322 and 323:
3.3 Securities issued subject to sp
- Page 324 and 325:
4.2 Details of item 40 “Financial
- Page 326 and 327:
SECTION 10 Other liabilities - Item
- Page 328 and 329:
SECTION 12 Provisions for risks and
- Page 330 and 331:
Description of the main actuarial a
- Page 332 and 333:
Changes in liabilities in 2011 for
- Page 334 and 335:
12.5 Contingent liabilities 31/12/2
- Page 336 and 337:
NOTICES OF TAX ASSESSMENT BPB Immob
- Page 338 and 339:
presented an application for tax as
- Page 340 and 341:
SECTION 13 Technical reserves - Ite
- Page 342 and 343:
15.3 Share capital: other informati
- Page 344 and 345:
15.4 Reserves of profits: other inf
- Page 346 and 347:
The financial assets contained in t
- Page 348 and 349:
PART C - Notes to the consolidated
- Page 350 and 351:
SECTION 2 Commissions - Items 40 an
- Page 352 and 353:
SECTION 4 Net trading income (loss)
- Page 354 and 355:
SECTION 8 Net impairment losses on
- Page 356 and 357:
8.4 Net impairment losses on other
- Page 358 and 359:
11.2 Average number of employees by
- Page 360 and 361:
SECTION 14 Net impairment losses on
- Page 362 and 363:
SECTION 17 Net result of changes in
- Page 364 and 365:
SECTION 20 Taxes on profit for the
- Page 366 and 367:
22.2 Details of the item 330 “Los
- Page 368 and 369:
Part D - Consolidated statement of
- Page 370 and 371:
Part E - Information on risks and t
- Page 372 and 373:
1. CREDIT RISK Qualitative informat
- Page 374 and 375:
In consideration of the specific fe
- Page 376 and 377:
submitted quarterly to the Boards o
- Page 378 and 379:
involved an update of the historica
- Page 380 and 381:
Specific limits are set for this bu
- Page 382 and 383:
the prices approved become the refe
- Page 384 and 385:
exposures past due and/or continuou
- Page 386 and 387:
A.1.2 Distribution of credit exposu
- Page 388 and 389:
A.1.5 Banking Group - On-balance sh
- Page 390 and 391:
A.2 Classification of exposures on
- Page 392 and 393:
A.3.2 Banking Group - Guaranteed/se
- Page 394 and 395:
B.2 Banking group - Geographical di
- Page 396 and 397:
C. Securitisation and the transfer
- Page 398 and 399:
The UBI Lease Finance 5 Srl securit
- Page 400 and 401:
The entities of the UBI Banca Group
- Page 402 and 403:
Description of the hedging policies
- Page 404 and 405:
C.1.7 Servicer activity - payments
- Page 406 and 407:
C.2.2 Financial liabilities resulti
- Page 408 and 409:
The roles of master servicer, calcu
- Page 410 and 411:
As required by the regulations, bec
- Page 412 and 413:
A fourth public issuance took place
- Page 414 and 415:
With regard to aspects concerning t
- Page 416 and 417:
2. BANKING GROUP - MARKET RISK 2.1
- Page 418 and 419:
Quantitative information 1. Supervi
- Page 420 and 421:
• Bull/Bear Flattening: a shock o
- Page 422 and 423:
2.2 Interest rate risk and price ri
- Page 424 and 425:
Quantitative information 1. Banking
- Page 426 and 427:
Quantitative information 1. Distrib
- Page 428 and 429:
A.2.2 Other derivatives Underlying
- Page 430 and 431:
A.5 OTC financial derivatives: supe
- Page 432 and 433:
A.9 Residual maturity of OTC financ
- Page 434 and 435:
3 BANKING GROUP - LIQUIDITY RISK Qu
- Page 436 and 437:
Finally the Group reports its liqui
- Page 438 and 439:
1.2 Distribution over time by resid
- Page 440 and 441:
1.4 Distribution over time by resid
- Page 442 and 443:
1.6 Distribution over time by resid
- Page 444 and 445:
The organisational model The organi
- Page 446 and 447:
Reporting A reporting system has be
- Page 448 and 449:
Studies are in progress concerning
- Page 450 and 451:
The types of event which recorded t
- Page 452 and 453:
PART F - Information on consolidate
- Page 454 and 455:
B.2 Fair value reserves of availabl
- Page 456 and 457:
fixed assets, prior and current yea
- Page 458 and 459:
Compliance with that requirement at
- Page 460 and 461:
PART H - Transactions with related
- Page 462 and 463:
and also the resolutions with which
- Page 464 and 465:
Principal balance sheet items with
- Page 466 and 467:
PART I - Share-based payments A. Qu
- Page 468 and 469:
PART L - Segment Reporting Three se
- Page 470 and 471:
Disclosures concerning the fees for