Annual Report: - Gorenjska banka

7. participation in the issuance of securities and services related to such issues;
8. advice and services related to mergers and acquisitions;
9. investment management and related consultancy services;
10. safekeeping of securities and other safekeeping services;
11. renting of safe deposit boxes;
12. investment services and operations and ancillary investment services, from paragraph (1) of
Article 10 of the Market in Financial Instruments Act (hereinafter: the ZTFI).
The Bank may also perform additional financial services after Article 11 of the ZBan-1, namely
insurance brokerage in accordance with the law governing the insurance business.
During the period covered by this business report, the Bank provided the banking services in extra
financial services and the majority of mutually recognised financial services for which it has Bank of
Slovenia authorisation.
The bank’s offer includes factoring services, however, the total amount of factoring in 2011 was
negligible. Trade financing was mainly done in the form of collateralized loans and guarantees.
The Bank did not trade in futures or options on its own account or on account of customers in 2010
and 2011.
There were no requests from customers for the Bank's participation in the issue of securities or for
related services during 2010 and 2011. There were also no requests for consultancy services or
services related to mergers and acquisitions.
The Bank did not provide investment management services or related consultancy services in 2010
and 2011.
Of investment services and operations, in 2010 and 2011 the Bank performed only services from
points 2 and 3 of the first paragraph of Article 8 of the Market in Financial Instruments Act (hereinafter
referred to as ZTFI): execution of orders for customers and dealing on own account.
Of ancillary investment services, in 2010 and 2011 the Bank only performed services from point 1 of
the first paragraph of Article 10 of ZTFI: services of keeping accounts of dematerialised securities of
customers.
About subsidiaries
Gorenjski glas, d. o. o., Kranj is a company that publishes a newspaper of the same name. Gorenjski
glas was entered in the register of companies at the District Court in Kranj as a limited liability
company on 22 November 1996. The company's primary activity is the publication of newspapers,
magazines and periodicals. Its main products are the Gorenjski glas newspaper with supplements,
and the sale of advertising space in the newspaper itself and its supplements. The company's
registered office is Bleiweisova cesta 4, Kranj.
Gorenjska banka, d. d., Kranj is the majority owner of Gorenjski glas d. o. o., holding 82.05% of shares.
Delo, d. d., Ljubljana, holds 10% of shares, while the remaining 7.95% of shares are held by individuals.
Gorenjski glas, d. o. o. has 37 employees, while 6 independent journalists and 40 external contractors.
Gorenjska banka, d. d, Kranj, with its registered office at Bleiweisova cesta 1, Kranj, is 100% owner of
the Imobilia-GBK, promet z nepremičninami in hipotekarnimi posli, d. o. o., Kranj. The operations of
the aforementioned company have been suspended.
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Gorenjska banka, d. d., Kranj
Annual Report 2011
Management Report