Notizie un po' datate ma spiegano perche quota cosi bassa.
Traduzione da Olandese verso Inglese
NIBC is the next bank to fall
December 18, 2009
"How safe is my bank?" Most people will make this question more often since the collapse of Icesave and DSB. The government may be in October 2008 have increased the deposit guarantee from 40,000 euros to 100,000 euros, it remains very important for us to know how safe a bank is. The adjusted deposit guarantee is temporary until December 31, 2010. It is also an administrative burden for the money under a scheme to claim back. Furthermore, you also more than 100,000 euros in bank 1 or are you a subordinated deposits, as savers have DSB 4000. Finally, it is true that we as taxpaying citizens own or guarantee a number of banks. In short, it is important to know how safe your bank. How insecure, really, how likely is that your bank goes bankrupt soon.
But how do you assess now the chances of a quick bankruptcy? Banks usually do not go bankrupt because the loans are not repaid because savers claim their money en masse. That happened with Northern Rock in Britain (September 2007), Fortis (October 2008) and this year at Icesave and DSB. DSB created by the so-called bank run by the call of Pieter Lakeman on October 1, 2009 to draw money away.
Let us, to see how safe a bank, NIBC Bank as an example. A very interesting example will emerge later. NIBC is a newcomer to the savings market by September 30, 2009 4.4 billion euros in savings funds had been raised, known as' funds entrusted. The total Dutch savings market is 250 billion euros less than 2%. Here I assume that all savers at NIBC Dutch. Despite this low percentage NIBC an interesting example, savings were equal in volume to DSB in its last days.
The latest figures are the 3rd quarter figures NIBC, these cover 33 pages and are only available in English. Quite difficult for the average Dutch citizen, especially considering all the jargon used. It will mainly discuss the florid profits and focus on customers. On page 1, the head further stated "Further diversified funding base with steady progress in NIBC Direct. In short this means is that they welcome NIBC for a larger share of its funding now depends on fickle money to the citizens who spontaneously migrate if they want. Suppose that people actually come to claim the money mass, the percentage has NIBC than cash? The figures indicated that 969 million euros in cash and with central banks. Assuming that all resources entrusted savings are immediately payable, this means that a bank run NIBC but 1 in 5 people directly to its promise to pay, can deliver. Other banks, particularly the larger and ING, the percentage is much smaller. How crazy it sounds, at NIBC, the percentage is even higher than average. NIBC even complain too much "liquidity."
The figures are also packed with valuations, capital ratios, rhetoric and technical achievements but on some key issues is not a single word:
What percentage of the allocated funds is immediately due and what's down on such multi deposits?
how are the funds entrusted Building of origin is? Which part is Dutch for example?
What percentage of the allocated funds is guaranteed by the government, by which state and under any warranty?
How many people can simultaneously remove their money via the Internet before the site is down? At the DSB was a big problem.
There is a need to take a central bank that can borrow money directly NIBC? How much?
how many loans can NIBC (loss) to directly sell it to satisfy the citizen who demands his money?
However, it indicates the following alarming information from the figures. NIBC has total assets of 27.6 billion euros. Besides the government-guaranteed savings of 4.4 billion euro balance sheet shows that NIBC again just for 4.4 billion euros in bonds issued by the Dutch government also guaranteed. There is no mention of where the aid goes. However there are references to the agency of the Ministry of Finance,
Ministerie van Financiën. There we see that the scheme "in principle" runs until December 31, 2009. However, Wouter Bos on December 7
Bos verlengt garantieregeling voor banken | nu.nl/economie | Het laatste nieuws het eerst op nu.nl indicated the scheme would extend until June 30, 2010. If this support fails, NIBC has a big problem. Outright because the government can barely NIBC on the capital loan, not for nothing are they spaaractiveit started. And not for nothing that would extend the scheme Wouter Bos. Thus, the end of October NIBC tried independently to issue bonds, but this failed. The sentiment surrounding Dutch banks would be bad in relation to the DSB debacle, said NIBC. Oddly managed SNS Reaal a few days then. Also I expect the Rabobank have succeeded. In short, it was just on the creditworthiness of NIBC. Not for nothing did the rating agencies (although they are frequently unaware shown) NIBC a BBB rating given (this is not good for a bank) with a negative outlook (poor prospects). NIBC is an independent not stop just her pants. Also striking is that, just before the currently scheduled closing of the bond guarantee on December 31, 2009, NIBC on November 24 a further 5 billion euros from the money market is for 5 years. Again, under the guarantee! Question is, for us as taxpayers, are we now 5 years down to such risks? (I hope not and if so, then immediately anyway like the salaries of all employees at 1 time Balkenende NIBC topping.)
All in all pretty NIBC is in trouble. The bond guarantee is extended until perhaps June 30, 2010. When it all comes around, that means only 6 months more room to ademen.Voor its funding NIBC is completely dependent on the state. From us. It is also unclear how many mortgages they are rubbish at the balance sheet has listed. NIBC was indeed very active in financing commercial real estate, and here there are the blows necessary.
Also very important to note is the following. Fortis, ABN Amro and ING have not gone bankrupt, simply because they were too big to fail. God knows how it provides a good thing. Anyway, small banks such as Icesave and DSB were apparently not too big to fall. The state does so in competition. For that reason, the link anyway to get your money in small banks like Van Lanschot, Friesland Bank and NIBC have to stand. NIBC has no important social function, so they could earn extra protection.
You can guess my conclusion. Here saver if you do not have money to stand. The bank can currently only be financed largely because the Dutch state guarantees bondholders and savers. But this temporary support is, indeed, temporary and therefore uncertain. Go missing from the quarterly report basic information about the structure of savings.
If you Nout Wellink not timely advice, I'll do it:
Get your savings as soon as you can with NIBC as this would just be the next bank that falls
Contribuisci a una traduzione migliore
cumulativa no loss abs tasso sfigato di questi tempi, ma prezzo interessante.
