Prospectus - Notowania
Prospectus - Notowania Prospectus - Notowania
GLOSSARY A list of the technical terms used in the Prospectus is presented below. These terms have the following meaning, unless specified otherwise. ABS Acronym of Asset Backed Securities; debt securities generally issued by a special purpose vehicle, backed by portfolios of various types of assets, such as mortgage loans, consumer credit, receivables deriving from credit card transactions. The repayment of the principal and the payment of the interest depend on the performances of the assets securitized and any additional guarantees supporting the transaction. The ABS are divided up into various categories (senior, mezzanine, junior) according to the priority assigned them with regard to the repayment of the principal and the interest. Acquisition finance Loans serving company acquisition transactions. ALT-A Loans granted to counterparts which, while not subject to significant problems when servicing the debt that would qualify them as subprime, have risk profiles with high debt/guarantee, instalment/income ratios or incomplete documentation regarding the debtor’s income. Asset Management Asset management and administration activities on behalf of customers, under various forms. ATM Acronym of Automated Teller Machine. Automatic machine which carries out operations, such as cash withdrawals, paying in of cash and cheques, account information requests, credit transfers, utility payments, telephone recharges. The terminal is activated by introducing a credit or debit card and punching in a specific PIN code. Next generation ATM Latest generation ATMs which permit the customer to perform typical ATM activities as well as pay in cash and cheques. Bancassurance Term used to refer to the series of dealings which may occur between banks and insurance companies both with regard to corporate structures and in relation to the creation of integrated retail systems. With regard to the latter aspect, the sale of insurance products via bank branches takes on distinct importance. - 16 -
CDO Acronym of Collateralized Debt Obligation or debt securities, issued by a special purpose vehicle, whose underlying assets are loans, bonds, ABS or other CDOs. These types of structures are established to both eliminate (“derecognize”) assets from the balance sheet and arbitrage between the yield differences between securitized assets and the securities issued by the special purpose vehicle. CGU Acronym of Cash Generating Unit. CLO Acronym of Collateralised Loan Obligation or CDO type securities whose underlying assets are loans disbursed by institutional financers such as commercial banks. CMBS Acronym of Commercial Mortgage Backed Securities. ABS type securities characterized by the fact that the underlying assets comprise commercial mortgage loans. Commercial Banking All the Retail, CIB, Private Banking, CEE and Poland’s Markets sectors. Corporate Banking Banking service for businesses which envisages the possibility for the business to carry out banking transactions directly from their premises, via on-line connections between the bank and the company. Corporate Finance Includes the whole range of services and products offered by the UniCredit Group to meet the financial and advisory needs of businesses. CRM Acronym of Customer Relationship Management, all the policies and strategies for retaining customer loyalty. Conduit Special purpose vehicles set up by the Group for the purpose of issuing commercial paper (so-called Asset Backed Commercial Paper Conduits) and permitting the customer to access the securitization market (Multiseller Customer conduits), as well as for arbitrage purposes (arbitrage conduits). Core Tier I Capital The main component of the regulatory capital of a bank represented by the Tier I capital net of innovative capital instruments not calculated as Core Tier I. Core Tier I Ratio Ratio between the Core Tier I Capital and the risk- - 17 -
- Page 1 and 2: Prospectus relating to the offer un
- Page 3 and 4: 4.3.3 Risks associated with the per
- Page 5 and 6: 20.4. Audit of annual financial inf
- Page 7 and 8: 6.5 Stabilisation..................
- Page 9 and 10: Banca dell’Umbria Banca dell’Um
- Page 11 and 12: Issuer or UniCredit or the Company
- Page 13 and 14: Germany, and between January 14, 20
- Page 15: UniCredit Family Financing Bank Uni
- Page 19 and 20: well as the negative “prudential
- Page 21 and 22: RWA (Risk-weighted asset) Value wei
- Page 23 and 24: (h) Counterpart risk; (i) Risks ass
- Page 25 and 26: Since its creation, the Group has c
- Page 27 and 28: For greater information on the UniC
- Page 29 and 30: OPERATING PROFIT (millions of €)
- Page 31 and 32: The members of the Board of Directo
- Page 33 and 34: Article 2441, first, second and thi
- Page 35 and 36: − notification that the investor
- Page 37 and 38: Selected financial information on t
- Page 39 and 40: • statutory financial statements
- Page 41 and 42: 1. PARTIES RESPONSIBLE 1.1 Parties
- Page 43 and 44: consolidated interim report as of t
- Page 45 and 46: The reclassified income statement f
- Page 47 and 48: Trading, hedging and fair value inc
- Page 49 and 50: at 12.31.2008 Notional value 28,772
- Page 51 and 52: 4. RISK FACTORS - 51 - RISK FACTORS
- Page 53 and 54: - 53 - RISK FACTORS Since the finan
- Page 55 and 56: - 55 - RISK FACTORS 2009 did not em
- Page 57 and 58: - 57 - RISK FACTORS liquidity facil
- Page 59 and 60: - 59 - RISK FACTORS which €1,686
- Page 61 and 62: - 61 - RISK FACTORS Increases in th
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- Page 65 and 66: - 65 - RISK FACTORS Regional Court
GLOSSARY<br />
A list of the technical terms used in the <strong>Prospectus</strong> is presented below. These terms have the following<br />
meaning, unless specified otherwise.<br />
ABS Acronym of Asset Backed Securities; debt securities<br />
generally issued by a special purpose vehicle, backed<br />
by portfolios of various types of assets, such as<br />
mortgage loans, consumer credit, receivables deriving<br />
from credit card transactions. The repayment of the<br />
principal and the payment of the interest depend on the<br />
performances of the assets securitized and any<br />
additional guarantees supporting the transaction. The<br />
ABS are divided up into various categories (senior,<br />
mezzanine, junior) according to the priority assigned<br />
them with regard to the repayment of the principal and<br />
the interest.<br />
Acquisition finance Loans serving company acquisition transactions.<br />
ALT-A Loans granted to counterparts which, while not subject<br />
to significant problems when servicing the debt that<br />
would qualify them as subprime, have risk profiles with<br />
high debt/guarantee, instalment/income ratios or<br />
incomplete documentation regarding the debtor’s<br />
income.<br />
Asset Management Asset management and administration activities on<br />
behalf of customers, under various forms.<br />
ATM Acronym of Automated Teller Machine. Automatic<br />
machine which carries out operations, such as cash<br />
withdrawals, paying in of cash and cheques, account<br />
information requests, credit transfers, utility payments,<br />
telephone recharges. The terminal is activated by<br />
introducing a credit or debit card and punching in a<br />
specific PIN code.<br />
Next generation ATM Latest generation ATMs which permit the customer to<br />
perform typical ATM activities as well as pay in cash<br />
and cheques.<br />
Bancassurance Term used to refer to the series of dealings which may<br />
occur between banks and insurance companies both<br />
with regard to corporate structures and in relation to the<br />
creation of integrated retail systems. With regard to the<br />
latter aspect, the sale of insurance products via bank<br />
branches takes on distinct importance.<br />
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