Institutional Clients Newsletter of 15 april 2021
6 examples for holistic banking – and why it's the future ⏳
in this edition
The whole is more than the sum of its parts.
Have you ever experienced this? When tackling a complex task, you realized: This is but one part of the issue – to find the perfect solution, I first need to take a step back and look at the bigger picture here.
A holistic approach has proven to be successful in many areas, from healthcare to education and business. In banking, we have adapted this philosophy as well: Looking at all aspects of the client relationship as well as our role in society and the environment.
Therefore, in this issue, we have compiled a 'tour d'horizon' of topics for all kinds of needs and interests: From brokerage and alternative investments to trade finance and research, always keeping in mind the people behind the banking. And speaking of French: Don't forget to check out our culinary guide of 'le fromage'.
After all, we believe that the sum of us is so much more than institutions cooperating. Let's paint the big picture together.
Enjoy the read!
Women@MIB: Investment Banking
In this series, we would like to introduce some of the women who make up RBI’s Markets & Investment Banking board area in both Austria and our subsidiary banks in CEE.
The portraits are meant to present colleagues from various hierarchy levels with, among others, an interesting career, off-mainstream views or special tasks or competences.
Banking, like many other industries, is traditionally a male dominated area. We have therefore decided to shine the light on some of the many driven, knowledgeable and inspiring women at RBI – advocating a diverse future with equal opportunities. Enjoy the read!
FROM NICHE TO COMMON USED PRODUCT IN THE ALTERNATIVE INVESTMENT FUND SPACE
In recent years, the fund finance market has grown considerably and amongst all the players out there, RBI built up its fund finance flagship product for alternative investment funds – the subscription credit facility.
The subscription credit facility (SCF) is a short-term loan on fund level to bridge investments secured by the uncalled commitments of the fund's investors. It's typically used for the purpose of financing fund acquisitions, management fees and fund expenses prior to calling capital from investors. Especially when there is an interesting investment opportunity on the market, the fund can quickly act without all the administration burden, but with effectively managed cashflows.
Less common than the SCF, but now that the market is maturing, also net-asset-value (NAV) or asset-backed facilities are becoming more frequent. The difference with the NAV facility is that the loan is backed by the net asset value of the portfolio companies of the fund.
In servicing alternative investment funds, the Fund Finance and Alternative Investment team is working closely together with the Institutional Investors' team in RBI. Over the past years the teams managed to successfully close over 50 deals and with that became a major player in the fund finance market.
Any remaining questions? Just hit your phone and give us a call!
Raiffeisenbank Czech Republic: Meet the structured Trade & Export Finance team
“We have a clear ambition to be considered one of the top 4 export finance banks in the Czech market. This will be achieved via superior client experience and leveraged by collaboration between product specialists, a local sales force (focus on exporters), and the relevant teams of RBI and network banks (focus on importers and market know-how). We aim to support clients throughout the entire trade/supply chain. In order to succeed, we have sharpened our Structured Trade & Export Finance team with a know-how mix from various fields of trade and export finance.
Our Structured Trade & Export Finance team consists of experienced professionals with diverse backgrounds. Some have already been with Raiffeisenbank Czech Republic for several years; others have only recently joined. The team combines experience from the RBI Group, other banks, ECA, and even exporters. This mix, together with a positive, results-driven attitude and an interest in new technology and innovation, provides solutions for the needs of each client that we welcome here in Raiffeisenbank Czech Republic (RBCZ) every day.”
–Petr Fiala, Head of Trade Finance & Factoring, Raiffeisenbank Czech Republic
IPS: Check out our new holistic brokerage offering
Our newly formed genuine trading hub combines more than 50+ international equity markets, 30+ international ETD markets, even more custody markets and extensive research in one solution – in short IPS.
Institutional Prime Services is a bundle of services built around the idea of maximizing client experience by providing a full range of services related to the brokerage and execution agency business as well as to auxiliary services facilitating the access.
The idea is to create a holistic, unified point of access for institutional clients of RBI.
We have talked to the masterminds behind it! Read all about it in the story 'Prime Example' from our latest GIS Press magazine edition.
A Frenchman's guide to cheese
What would the Institutional Clients newsletter be without the occasional culinary contribution? This time around, we have chatted with Jerome Martin, Institutional Clients West & Overseas about one of the major pillars of French cuisine: 'Le fromage'.
Did you know how to store cheese ideally and that red wine with cheese is a big no-no? Watch our video to find out more!
And for everyone who has now vouched to become a French cheese expert, the adjacent overview might substitute your next shopping list.