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Annual report 2004 (PDF, 4141 kB) - Unicredit Bank

Annual report 2004 (PDF, 4141 kB) - Unicredit Bank

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Additional Information<br />

Anticipated future developments in the activities of Živnostenská banka, a.s.<br />

In 2005, Živnostenská banka, a.s. expects stable developments in its financial situation,<br />

continuing the trend of the previous three years.<br />

Subject of business of Živnostenská banka, a.s. as per the Articles of Association<br />

Activities resulting from the banking licence:<br />

- the performance of the activities specified in the Act on <strong>Bank</strong>s in Section 1, letter<br />

a) acceptance of deposits from the public,<br />

b) provision of credits<br />

- the performance of the activities specified in the Act on <strong>Bank</strong>s in Section 1 (3), letter<br />

a) investments in securities for own account,<br />

b) financial leases,<br />

c) money transmission services and settlement of payments,<br />

d) issuance and administration of means of payment,<br />

e) provision of guarantees,<br />

f) opening of letters of credit,<br />

g) arrangement of payment collection,<br />

h) provision of investment services including<br />

- the principal investment service under Section 8(2)(a) of Act No. 591/1992 Coll; on<br />

Securities, as amended (the “Securities Act”), reception and transmission of orders<br />

relating to investment instruments on the client´s account, that being in respect of the<br />

investment instruments under Section 8a (1)(a) through (g) of the Securities Act,<br />

- the principal investment service under Section 8(2)(b) of the Securities Act, execution<br />

of orders relating to investment instruments on a foreign account, that being in respect<br />

of the investment instruments under Section 8a(1)(a) through (g) of the Securities Act,<br />

- the principal investment service under Section 8(2)(c) of the Securities Act, trading in<br />

investment instruments on own account, that being in respect of the investment<br />

instruments under Section 8a(1)(a) through (g) of the Securities Act,<br />

- the principal investment service under Section 8(2)(e) of the Securities Act, subscription<br />

in respect of issues of investment instruments or placement od such issues, that being in<br />

respect of the investment instruments under Section 8a(1)(a) through (g) of the<br />

Securities Act,<br />

- supplementary investment services under Section 8(3)(a) of the Securities Act,<br />

safekeeping and administration of one or several investment instruments, that being in<br />

respect of the investment instruments under Section 8a(1)(a) through (c) of the<br />

Securities Act,<br />

124

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