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THE BANK FOR CORPORATES
28
Corporates
Financing in the corporate segment
Domestic, without aid Domestic, with aid International business Total
in EUR m 2001 2000 Change 2001 2000 Change 2001 2000 Change 2001 2000 Change
Loans1) Securities
1,673 1,745 -4 % 756 749 +1 % 1,113 932 +19 % 3,542 3,426 +3 %
financing2) Total
332 196 +69 % - - 1,279 952 +34 % 1,611 1,148 +40 %
financing 2,005 1,941 +3 % 756 749 +1 % 2,392 1,884 +27 % 5,153 4,574 +13 %
13% increase in
corporate financing
transactions
Corporate
finance services
for a growing
market
1) Loans and advances to customers, trust loans and provision for guarantees
2) Bonds and other fixed-income securities of other non-bank issuers
The table shows the structure of the overall level of financing in the corporate segment. In the reporting
year, the overall volume of financing transactions increased by 13%. Loan financing transactions
– including corporate financing, real-estate financing, and project financing – rose by 3% to EUR 3.5 bn.
A particularly impressive growth of 40% was observed in security financing. Especially the 69% increase
of domestic transactions reflects the growing demand for corporate bonds. For the first time in years,
aid-related financing transactions did not record a decrease in 2001.
CORPORATE FINANCE, PRIVATE EQUITY AND CONSULTING.
CORPORATE FINANCE. In the wake of the rapidly progressing globalisation, Investkredit’s mediumsized
customers are faced with an accelerated structural change. In this context, the appearance
of new international competitors and the loss of market niches represent the major challenges. This
altered market environment goes hand in hand with a clear increase in M&A activities – a trend which
is promoted by the requirement for medium-sized corporates to reach a certain size in order to be
competitive. Large corporates are thus called upon to focus their resources, which results in a rising
number of spin-offs. Moreover, numerous entrepreneurial pioneers of the reconstruction period of
the 1950s and 1960s are currently confronted with the task of finding successors. Investkredit has
reacted to this market environment already at an early stage and has systematically developed its
corporate finance segment in the last few years. Investkredit has many years of experience in the
structuring of complex financing transactions and develops feasible financing concepts supporting
corporates right from the beginning in setting out their course for the future, specifically in the context
of the acquisitions, MBOs/MBIs and disinvestments.
The set of corporate finance instruments includes both M&A consulting, which is provided by Europa
Consult GmbH, and all financing tools required for the implementation of M&A and growth projects.
This enabled Investkredit
to establish
itself as an overall
Systematic expansion
of instruments
provider of corporate
finance
services and to be “It is better to be
counted among
the leading provi- approximately right
ders of private
equity/venture
capital and mezzanine
capital in
than precisely wrong.“
Austria. The bank
JOHN VON NEUMANN