|
Report Date : |
07.12.2013 |
IDENTIFICATION DETAILS
|
Name : |
BANK WINTER & CO. AKTIENGESELLSCHAFT |
|
|
|
|
Registered Office : |
Singerstraße 10, A-1010 Wien |
|
|
|
|
Country : |
Austria |
|
|
|
|
Year of Establishments: |
1892 |
|
|
|
|
Legal Form : |
Joint Stock Company |
|
|
|
|
Line of Business : |
Financial And Insurance Activities |
|
|
|
|
No. of Employees : |
30 (approx.) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
TATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
---- |
NOTES :
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – September 30th, 2013
|
Country Name |
Previous Rating (30.06.2013) |
Current Rating (30.09.2013) |
|
Austria |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
austria ECONOMIC OVERVIEW
Austria, with its well-developed market
economy, skilled labor force, and high standard of living, is closely tied to
other EU economies, especially Germany's. Its economy features a large service
sector, a sound industrial sector, and a small, but highly developed
agricultural sector. Following several years of solid foreign demand for
Austrian exports and record employment growth, the international financial
crisis of 2008 and subsequent global economic downturn led to a sharp but brief
recession. Austrian GDP contracted 3.8% in 2009 but saw positive growth of
about 2% in 2010 and 2.7% in 2011. Growth fell to 0.6% in 2012. Unemployment
did not rise as steeply in Austria as elsewhere in Europe, partly because the
government subsidized reduced working hour schemes to allow companies to retain
employees. The 2012 unemployment rate of 4.3% was the lowest within the EU.
Stabilization measures, stimulus spending, and an income tax reform pushed the
budget deficit to 4.5% in 2010 and 2.6% in 2011, from only about 0.9% in 2008.
The international financial crisis of 2008 caused difficulties for Austria's
largest banks whose extensive operations in central, eastern, and southeastern
Europe faced large losses. The government provided bank support - including in
some instances, nationalization - to support aggregate demand and stabilize the
banking system. Austria's fiscal position compares favorably with other
euro-zone countries, but it faces external risks, such as Austrian banks' continued
exposure to Central and Eastern Europe as well as political and economic
uncertainties caused by the European sovereign debt crisis. In 2011 the
government attempted to pass a constitutional amendment limiting public debt to
60% of GDP by 2020, but it was unable to obtain sufficient support in
parliament and instead passed the measure as a simple law. In March 2012, the
Austrian parliament approved an austerity package consisting of a mix of
expenditure cuts and new revenues that will bring public finances into balance
by 2016. In 2012, the budget deficit rose to 3.1% of GDP.
|
Source : CIA |
|
Last up-date: |
2013-12-04 |
|
Company name: |
Bank Winter & Co.
Aktiengesellschaft |
|
Status: |
active company |
|
Locations: |
Singerstraße 10, A-1010 Wien |
|
Phone: |
0043 (1) 51504 |
|
Fax: |
0043 (1) 51504 - 200 |
|
E-mail: |
|
|
Internet: |
|
|
Activities: |
Önace 64190 100% Other monetary intermediation |
|
|
|
|
General Assessment: |
Model: CompanyScore |
|
Probability of Default (Basel
II): |
0,08% Very low risk |
|
comparison: |
The Rating of this company is better than industry
average. |
|
Recommendation: |
In respect to solvency reasons, there is nothing to say
against an establishment of a business relationship. |
|
|
|
|
Detail Assessment: |
Payments are sometimes made using cash discounts or
according to conditions. |
|
|
Financial situation is good. |
|
Year of incorporation: |
1892 |
|
Activities: |
|
|
Type of company: |
Financial and insurance activities |
|
Legal form: |
joint stock company since 1986-06-04 |
|
companies' house number: |
FN 79443 d Wien 1986-06-25 |
|
DVR number: |
0107537 |
|
VAT number: |
ATU 15357101 |
|
number - Austrian National Bank: |
202886 |
|
total turnover (total sales) |
2012 |
EUR 4.000.000,00 |
(estimated) |
|
total turnover (total sales) |
2011 |
EUR 3.723.395,70 |
(exact) |
|
total turnover (total sales) |
2010 |
EUR 2.614.720,05 |
(exact) |
|
total turnover (total sales) |
2009 |
EUR 4.017.716,10 |
(exact) |
|
total turnover (total sales) |
2008 |
EUR 6.764.277,11 |
(exact) |
|
turnover (sales) - group |
2011 |
EUR 4.351.000,00 |
(approx.) |
|
turnover (sales) - group |
2010 |
EUR 5.964.000,00 |
(approx.) |
|
turnover (sales) - group |
2009 |
EUR 6.196.000,00 |
(approx.) |
|
turnover (sales) - group |
2008 |
EUR 9.890.000,00 |
(approx.) |
|
turnover (sales) - group |
2007 |
EUR 8.457.000,00 |
(approx.) |
|
total employees |
2013 |
30 |
(approx.) |
|
total company vehicles |
2013 |
3 |
(exact) |
|
cars |
2013 |
3 |
(exact) |
|
firm
(style): |
|
1
Bank Winter & Co. Aktiengesellschaft |
|
legal
form: |
|
1
Aktiengesellschaft |
|
registered
office: |
|
1
politischer Gemeinde Wien |
|
business
adress: |
|
4
Singerstraße 10 |
|
capital: |
|
21
EUR 35.000.000 |
|
reference
date annual accounts: |
|
1
30. Juni |
|
annual
accounts: |
|
44
zum 30.06.2012 eingereicht am 21.11.2012 |
|
consolidated
accounts: |
|
44
zum 30.06.2012 eingereicht am 21.11.2012 |
|
power
of representation: |
|
1
Die Gesellschaft wird, wenn mehrere Vorstandsmitglieder |
|
board
of directors: |
|
B
Mag Thomas Moskovics, geb. 23.01.1946 |
|
proxy: |
|
S
Christine Wallner, geb. 24.04.1965 |
|
supervisory
board: |
|
K
Dkfm Dr Siegfried Sellitsch, geb. 02.09.1940 |
|
general
table: |
|
Handelsgericht Wien |
|
Real
estate text: |
|
No real estate property registered |
|
Surname |
Date of birth |
Address |
Executive positions |
Further executive positions (as
registered in the companies' house) |
|
Mag. Armin Bogner |
1966-03-23 |
1120 Wien Meidlinger Hauptstraße 28/2 |
joint signing clerk |
3 |
|
Mag. Toni Kampelmühler |
1969-01-22 |
1010 Wien Singerstraße 10 |
joint signing clerk |
6 |
|
Mark Moskovics |
1977-12-15 |
1010 Wien Singerstraße 10 |
joint signing clerk |
3 |
|
Josef Michael Puffer |
1974-04-07 |
1010 Wien Singerstraße 10 |
joint signing clerk |
1 |
|
Christine Wallner |
1965-04-24 |
1010 Wien Singerstraße 10 |
joint signing clerk |
3 |
|
Dr. Florian Botschen |
1971-05-12 |
1010 Wien Singerstraße 10 |
member of the executive board |
3 |
|
Mag. Gen.Dir. Thomas Moskovics |
1946-01-23 |
1030 Wien Schwarzenbergplatz 8 |
member of the executive board, shareholder |
5 |
|
Dkfm.Dr. Siegfried Sellitsch |
1940-09-02 |
1030 Wien Traungasse 2 |
chairman of the supervisory board |
5 |
|
|
Generaldirektor |
|||
|
Dr. Klaus Liebscher |
1939-07-12 |
1090 Wien Frankhplatz 3 |
deputy chairman of the supervisory board |
8 |
|
Dkfm.Dr. Klaus Mündl |
1932-12-11 |
1190 Wien Radelmayergasse 1/5/38 |
deputy chairman of the supervisory board |
2 |
|
Gerhard Haus |
1947-12-12 |
1231 Conches Genf route de Florissant 212 |
member of the supervisory board |
1 |
|
Oskar Lewisohn |
1938-05-06 |
1010 Wien Singerstraße 10 (c/o) |
member of the supervisory board |
0 |
|
Chaja Sura Moskovics |
1921-11-25 |
1010 Wien Singerstraße 27 |
shareholder |
0 |
|
|
Private |
|||
|
Ruth Rabinovich |
1941-03-20 |
1010 Wien Singerstraße 27 |
shareholder |
1 |
|
Type |
Locations |
Description |
|
|
|
E-mail |
|
operational |
Singerstraße 10, A-1010 Wien |
registered office |
|
|
|
|
|
operational |
Singerstraße 10, A-1010 Wien, (ident mit Liliengasse
1) |
registered headquarters |
|
|
|
|
|
former |
Salzgries 3, A-1010 Wien |
registered headquarters |
|
Company name |
Postal code |
Stake in % |
|
Companies House |
|
Shares in this company are
held by: |
||||
|
Winter, Stern Familien Privatstiftung |
Singerstraße 10, A-1010 Wien |
|
|
FN 140947 a |
|
RNB Trust Company AG |
- - |
|
|
|
|
|
||||
|
This company holds 100% of the
shares in: |
||||
|
TULPE Vermögensverwaltungs- gesellschaft mbH |
Singerstraße 10, A-1010 Wien |
100 % 2006-03-30 |
|
FN 228918 w |
|
Winter Finanz GmbH |
Singerstraße 10, A-1010 Wien |
100 % 2013-07-05 |
|
FN 234446 z |
|
ZETA Zwei Handels GmbH |
Liliengasse 1 (zuletzt), A-1010 Wien |
100 % 2002-08-13 |
|
FN 222270 v |
|
|
||||
|
This company holds less than
50% of the shares in: |
||||
|
HP IT-Solutions GmbH |
Hypo Passage 2, A-6020 Innsbruck |
10 % 2008-05-06 |
|
FN 210510 z |
|
GELDSERVICE AUSTRIA Logistik für Wertgestionierung und
Transportkoordination G.m.b.H. |
Garnisongasse 15, A-1090 Wien |
0.2 % 2011-11-24 |
|
FN 145621 z |
|
Einlagensicherung der Banken und Bankiers Gesellschaft
m.b.H. |
Börsegassse 11, A-1010 Wien |
0.1 % 1995-09-30 |
237.407 |
FN 59574 i |
|
ARZ Allgemeines Rechenzentrum GmbH |
Tschamlerstraße 2, A-6020 Innsbruck |
0.1 % 2007-10-10 |
37.515 |
FN 38653 v |
|
|
||||
|
Affiliated companies and
further participations: |
||||
|
Internationale Bank für Außenhandel Aktiengesellschaft |
Liliengasse 1, A-1010 Wien |
|
61.631 |
FN 124457 a |
|
Banker |
Bank sort code |
Type of banking connection |
|
Oesterreichische Nationalbank, 1011 Wien |
100 |
main bank connection |
|
Year of incorporation: |
1892 |
|
Date of registration: |
1986-06-25 |
|
Change in share capital: |
||
|
From |
To |
Capital |
|
|
2002-01-14 |
ATS 300.000.000,00 |
|
2002-01-14 |
2002-03-20 |
EUR 25.000.000,00 |
|
2002-03-20 |
2003-03-20 |
EUR 31.036.623,22 |
|
2003-03-20 |
2003-04-02 |
EUR 23.277.467,41 |
|
2003-04-02 |
|
EUR 35.000.000,00 |
|
Former executives: |
|||
|
From |
To |
Function |
Name |
|
2001-11-15 |
2003-12-23 |
joint signing clerk |
Dr. Florian Botschen |
|
2002-09-04 |
2006-09-22 |
joint signing clerk |
Mag. Raimund Fastenbauer |
|
2003-12-23 |
2007-03-28 |
joint signing clerk |
Mag. Gerald Siegmund |
|
2008-07-09 |
2009-09-10 |
joint signing clerk |
Mag.Dr. Wolfgang Lichtl |
|
|
2010-12-17 |
joint signing clerk |
Chaja Sura Moskovics |
|
2007-03-28 |
2012-07-12 |
joint signing clerk |
Susanne Appel |
|
|
1998-06-20 |
member of the executive board |
Dr. Marcel Stein |
|
1997-05-03 |
2006-04-12 |
member of the executive board |
Dr. Herbert Spitznagel |
|
2007-03-28 |
2008-10-02 |
joint signing clerk |
Margarethe Kusebauch |
|
|
1996-05-21 |
chairman of the supervisory board |
Karl Johannes Schwarzenberg |
|
1994-02-16 |
2010-01-15 |
deputy chairman of the supervisory board |
Dr. Franz Helbich |
|
|
1996-02-27 |
member of the supervisory board |
Dr. Georg Walderdorff |
|
|
1996-02-27 |
member of the supervisory board |
Cornelius Zwaan |
|
1999-05-20 |
1999-07-28 |
member of the supervisory board |
Dkfm.Dr. Klaus Mündl |
|
1996-12-20 |
2008-07-09 |
member of the supervisory board |
Dr. Claudia Kleinszig |
|
1996-02-27 |
2011-07-01 |
member of the supervisory board |
John Nash |
|
2010-01-15 |
2012-07-12 |
member of the supervisory board |
Dr. Franz Helbich |
|
Former shareholders: |
|||
|
From |
To |
Function |
Name |
|
|
1993-01-01 |
shareholder |
Simon Moskovics |
|
|
1995-11-02 |
shareholder |
Bank Cantrade AG |
|
Former shareholdings: |
||
|
From |
To |
Name |
|
|
|
Internationale Bank für Außenhandel
Aktiengesellschaft |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.61.67 |
|
UK Pound |
1 |
Rs.100.65 |
|
Euro |
1 |
Rs.84.25 |
INFORMATION DETAILS
|
Report
Prepared by : |
MNL |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest capability
for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation
is considered normal. Capable to meet normal commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this report.
The assessed factors and their relative weights (as indicated through %) are as
follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.