Corporate Customers Newsletter of April 8, 2021

8 reasons why you can count on us 🤝 RBI News in April

In this issue, we would like to focus on a buzzword that is currently accompanying us all – whether professionally or privately: Responsibility.

While fighting the pandemic, we take responsibility for ourselves, for the protection of our fellow human beings; in the fight against climate change, we take responsibility for our use of resources. 

At RBI, we take our responsibility towards the environment, society and the economy very seriously. Read more about this in our ESG article. The brand-new #neudenkenheisst podcast also deals with this important topic, among others. 

And if you now feel motivated to reduce your personal carbon footprint, we have a few suggestions for you that can be easily integrated into your everyday life.

Of course, our newsletter is once again filled to the brim with latest news stories from the corporate banking area. All in all, 8 good reasons why you can count on us!

Enjoy the read!

REWE Group

green deal of the month

REWE Group is extending its sustainability strategy to the financial sector with an ESG/Sustainable Finance instrument. The backup credit line of € 750 million recently concluded with ten banks is based on the ESG rating of the ISS ESG rating agency.

We accompanied our valued customer as a Sustainability Agent from general advice on ESG financial instruments to concrete implementation in loan processing.

"We congratulate REWE Group on their successful transaction and thank them for their trust. We see advising our clients on sustainable finance as a very important task that will become even more important in the coming years. Our ESG experts have excellent know-how and also support RBI itself – we are Austria's largest issuer of green bonds," said Peter Lennkh, RBI Management Board member responsible for Corporate Banking.

ESG@RBI: How we take on social responsibility

We are aware of the impacts of our business activities on society. The COVID pandemic impressively demonstrated how important responsible action is here. In this situation RBI demonstrated its reliability as a partner to its customers, continuing its lending business and providing credit facilities for government programs in all of its markets.

We are also poised to play a central role in reorienting capital flows towards a more sustainable economy. Last but not least, we take our social responsibility seriously and show comprehensive commitment to current problems, especially against the background of the pandemic.

social responsibility

A reliable partner also in times of crisis

Our products and services can directly contribute to changing the life situations and consumer behavior of the population. In addition, we influence indirectly when it comes to investments in projects or companies with particular social or societal relevance.

Against the backdrop of the pandemic and the resulting economic crisis, RBI has provided active support in the form of continuous lending and higher sovereign limits in some of the CEE markets in which it operates, thereby helping to support the public guarantee schemes introduced to combat the consequences of the pandemic. These measures were aimed at all sectors, and SMEs in particular.

One of the areas directly affected by the COVID-19 pandemic is the healthcare sector. Accordingly, the healthcare sector has been defined as one of the areas to be targeted with increased financing. In line with RBI’s efforts to help make society healthier, the lending volume for the healthcare sector was increased in 2020.

Paving the way for a more sustainable economy

In addition, financial institutions are playing a central role in reorienting capital flows towards a more sustainable economy. Here, we are noticing that investors are demanding increasingly frequent information about what their assets are used for, on the other hand, there is growing customer demand for products and services that combine social, environmental and economic criteria. Rather than waiting until the actual financing situation arises, RBI supports by advising on the preparatory steps that need to be taken in advance of the financing transaction.

We describe financing as being 'sustainable' when it has a long-term positive effect on the environment and climate and/or on societal and social affairs and when it supports the attainment of the Sustainable Development Goals.

Last year, the total volume of financing with a positive impact on society and social issues at RBI (excluding the subsidiaries RBSK, RKAG, RL, Valida, RCB, Kathrein) was around € 1.714 billion

Support programs in our core markets

In addition, we have been and continue to be there for our customers in bilateral consultations, but also via information on new subsidy programs or tailored products. It was not only the coronavirus stimulus package of the Austrian Federal Government that provided support with numerous measures. Government support packages for companies impacted by the coronavirus crisis were also adopted in the majority of countries in which our network banks are represented and are being processed via our network banks – in most countries, this took the form of state guarantee support to secure financing that will ensure the continued existence of companies.

Strong together: Donation focus

As an engaged corporate citizen with the promise to the public to 'act in a socially responsible manner and contribute to the long-term wellbeing of people and companies in our markets' embedded in our mission, it was important for us to adjust the focus of the donations at short notice in order to make an appropriate contribution to the pandemic response. Throughout the RBI Group, efforts were made to alleviate the situation with donations totaling € 1.6 m.

Since almost no healthcare system was adequately equipped to deal with the pandemic, one focus was on healthcare delivery. In Romania, for example, customers were involved in addition to employees. In May 2020, Raiffeisen Bank S.A. found a way of helping with its Raiffeisen Smart Mobile app: Customers could support three different NGOs in the fight against COVID-19. Other topics included emergency aid and the education situation. Numerous tablet PCs were donated to enable participation in online classes.

Industry Deep Dive: Real estate trends and insights

3 questions – 3 minutes. We have spoken to our Industry Lead Real Estate, Matthias Huber, about which developments affect the industry the most, what the focus topic aside from Covid-19 was in 2020 and what the long-term outlook for real estate is.

Here for you worldwide: Your global banking network

We are proud to offer you a global network of partner banks for corporate banking needs.

Whenever and wherever your company has to start new banking relations, RBI will bring you in contact with a local bank fit for your demands.

Be it in London, Dubai, Tokyo or New York – we will allow for a smooth introduction all over the world, just as we successfully did more than 100 times for our customers last year.

Globale Präsenz

For further information, just contact your Relationship Manager or our dedicated Regional HUB team:
customer@rbinternational.com

We are looking forward to supporting your business globally!

Deal of the Year Awards: Talk with the winners

At the annual 'Deal of the Year' awards ceremony, the focus lies not only on pure figures, but above all on the implementation of our corporate values Collaboration, Responsibility, Proactivity, Learning.

We spoke with two of the winners and also learned more about our Lighthouse Deal of the Year.

Danica Kokanovic

Danica Kokanovic, Corporate Customers Digital

Deal of the Year winner in the COLLABORATION category

Daniela Vorbeck

Daniela Vorbeck, Corporate Customers Consumer & Life Science

Deal of the Year winner in the RESPONSIBILITY category

Stephan Beiter

Stephan Beiter, Corporate Customers Industrials

Deal of the Year winner in the JOINT CORPORATE / INVESTMENT BANKING DEAL category

#neudenkenheisst: 2021. The evolution of the series – now on Spotify

We are in the 4th year of the video series with thinkers from various future-oriented areas. And because we are always thinking ahead, we are launching new features in 2021: Each interview partner will have their say in 5 short movies. 

You can now listen to a detailed long version of the conversation in the podcast #neudenkenheisst on Spotify. We wish you an exciting listening experience!

Now in the brandnew #neudenkenheisst – the podcast with forward-thinkers:
Interview with Heinz Fischer, former President of Austria:

EXCLUSIVE WEBINAR: 20 APRIL 2021

Bad Guarantee Drafting – One word can make the difference
20 April 2021, 10.00 a.m. - 11.00 a.m. CET

Do not miss out on our exciting webinar about the Dos and Don'ts in guarantee drafting. 

As with any contract, the wording of a guarantee is of utmost importance. Many problems with guarantees can be avoided with a better, more carefully chosen wording. This webinar will deal with the most important aspects of guarantee text design and will show you tips and tricks for a better wording.

Learn from one of the best in the field of bank guarantees – Dr. Andrea Hauptmann. As a distinct expert in this field, Andrea is a frequent guest speaker at international conferences and a chair and founding member of the ICC Task Force on Bank Guarantees.   

webinar

we are now a part of the komgo network

DIGITALIZING TRADE FINANCE WORKFLOWS WITH KOMGO. This 'one platform solution' makes conducting business much safer, faster and more efficient. Read everything about this innovative cooperation in our insights story!

komgo x RBI

Virtual International Schuldschein Day: The review

11 years

100+ investors

60+ institutes

14 countries

On 16 March 2021, RBI hosted its 11th International Schuldschein Day, which, for the second time, was conducted in a virtual format.

In excess of 100 investors from more than 60 different institutions from 14 countries participated in the virtual event in order to learn about the current developments in the Schuldschein market and receive updates from four renowned corporate Schuldschein issuers.

11. Schuldscheintag

Since 2009, RBI has been hosting the 'RBI International Schuldschein Day' with the aim of connecting Schuldschein investors and issuers and to promote the Schuldschein product with our corporate customers. For many years, we hosted this annual event in various major locations in Germany, including Dusseldorf, Munich, Frankfurt, Stuttgart, Berlin and Hamburg. As the Covid-19 pandemic and the associated travel restrictions made a physical conference impossible, we have successfully transformed our event into the virtual world.

Review and outlook on the Schuldschein year

This year’s conference was opened by Daniel Rath, Head of Corporate banking, followed by an update on the current state of the Schuldschein market, presented by Thomas Hädicke, responsible for Schuldschein and Loan Distribution in RBI’s Investment Banking Division. The review of the extraordinary and challenging developments in 2020 was followed by a more optimistic outlook for the current year 2021. The successful execution of high-profile transactions, e.g. the recent EUR 1bn Schuldschein issued by Mayr-Melnhof Karton AG, demonstrates that the Schuldschein market is resilient to market volatility and offers attractive funding for corporate issuers.

Renowned issuers, latest developments and expert panel

The market overview was then followed by the presentations of four renowned Austrian corporates, all of them seasoned Schuldschein issuers: Agrana AG, AT&S AG, FACC AG and RHI Magnesita. Investors were grateful to learn about the latest developments in the various industries and receive an update about the strategies and outlooks of the companies.

An expert panel discussion on the topic of 'Restructuring and Schuldschein' was the last item on the agenda of our 11th International Schuldschein Day. The panel, consisting of experienced lawyers, arrangers and investors, discussed the 'DOs and DON’Ts' of restructuring solutions in Schuldschein transactions and came to the conclusion: Yes, it works!

Harald Kröger
© www.bydominik.com photography

More than 100 investors from more than 60 different institutions of 14 countries participated in our virtual Schuldschein Day.

Commentating on the success of the day, Harald Kroeger, Head of RBI’s Investment Banking division, concluded:

'The interest and participation from such a large number of investors underlines RBI’s placement capacity. Our broad coverage of a diverse investor universe allows us to execute successful Schuldschein transactions for our Corporate customers.'

5 ways to a more sustainable lifestyle

The awareness for a more sustainable lifestyle is becoming more omipresent each day, and there are many ways to make your everyday life more environmentally conscious.

If you don't want to start by making soap yourself or run a strict zero waste household, check out these 5 tips that make it easy to incorporate sustainability into your daily routines.

buy regional

buy regional and seasonal

In the supermarket, it's worth taking a close look at the origin of the food: Have the products been produced organically and regionally? Is the produce currently in season where you live?

Sustainable shopping opportunities can also be found aside from classic retail: Order a vegetable box from a producer in your region, look for self-service local suppliers who source from local farms, use market gardening in your area or buy directly from the farm. Visiting a local gardener instead of a big garden center can also be worthwhile.

upcycling

Upcycling: giving things a new life

With all the conveniences of a consumer society, the climate and environment will thank us if we don't immediately replace some things as soon as they've served their original purpose.

If you're looking for a new hobby in lockdown times, DIY upcycling projects might be for you. Whether it's giving worn-out furniture a new look or making usable things out of supposed junk: It's a joy to give objects a second life. 

For the less crafty, there are a number of marketplace apps where you can buy used products at a low price in the spirit of the second-hand idea: Great finds for bargain hunters guaranteed!

reduce plastic

reduce plastic and chemicals

In addition to separating and disposing of waste correctly, you can help in small ways to reduce or even avoid plastic and chemicals in the household.

This starts with the choice of packaging when shopping and continues at home with storage: Tap water or water sparklers instead of plastic bottles, glass instead of plastic containers or beeswax wrapping instead of cling film.

With simple natural home remedies, the chemical overload can often be avoided. Natural cleaning aids such as vinegar, lemon or baking soda are not only good for the environment, but also better for your health.

green Home Office

green home office

Quite literally, plants are great for a healthy working and room climate. But in a not-so-literal sense, we can integrate sustainability in our home office: 

  • Off-switch instead of standby mode (this also applies to ourselves 😊)
  • Connect your laptop, monitor, charging cables etc. to multi-outlets that can be switched off
  • A digital filing system instead of printing saves trees, time and toner
  • Stream less data where possible
  • Use energy-saving light bulbs
choose sustainable providers

choose sustainable providers

The obvious options here are green electricity or gas from renewable energy sources. But we can also shape our consumer behavior responsibly in other areas:

Sustainable online stores are booming, and the range goes far beyond organic food and natural cosmetics only. You can also incorporate sustainable considerations when choosing your investment strategy or insurance products.

more RBI news

08.04.2021 - Corporates, Sustainability, rethinking, Trade Finance, Investment Banking