Ref. Ares(2018)3351066 - 25/06/2018
Ref. Ares(2019)4291643 - 05/07/2019
CHECKLIST
For reporting according to Regulation (EU) 1233/2011
I.
Reporting country information
Reporting Country
Czech Republic
Submission Date
July 2016
Reporting Institution (Government
Exportní garanční a pojišťovací společnost, a.s.
Department, ECA)
Export Guarantee and Insurance Corporation
(EGAP)
*******
Česká exportní banka, a.s.
Czech Export Bank
(CEB)
II.
Reporting country legal and policy information
Mandate/Legal status of ECA
• EGAP is an insurance company having a
legal form of a joint-stock company fully
owned by the Czech state.
• CEB is a bank having a legal form of a joint-
stock company, owned by the Czech state
(80% directly and 20% through EGAP).
Officially
supported
export
credit EGAP provides following insurance products
programs (in the sense of Article 5 of the according to the OECD Arrangement Article 5:
OECD Arrangement) during reporting • Insurance of a Medium- and Long-Term
period
Export Supplier Credit
• Insurance of a Medium- and Long-Term
Export Supplier Credit Financed by a Bank
• Insurance of an Export Buyer Credit
*******
CEB provides following export credits according
to the OECD Arrangement Article 5:
• Supplier credits;
• Direct and indirect buyer credits;
• Bank Guarantees
Annual reports available on reporting year The annual report of EGAP in Czech and
English is publicly available at:
http://www.egap.cz/o-spolecnosti/vyrocni-
zpravy/index.php
http://www.egap.cz/o-spolecnosti/vyrocni-
zpravy/index-en.php
*******
The annual report of CEB in Czech and English
is publicly available at:
http://www.ceb.cz/kdo-jsme/povinne-
zverejnovani-informace/vyrocni-zpravy/
http://www.ceb.cz/en/about-us/mandatory-
disclosure-of-information/annual-reports/
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III.
Information on the reporting Member State’s Export Credit policies:
General presentation of the reporting MS’ Both EGAP and CEB aim to contribute to
policies on export credits, including all environmental and social sustainability. EGAP
information that can help the Commission and CEB take on transactions where
in carrying out its evaluation regarding the environmental and social factors comply with
compliance of the Export Credit Agencies international standards.
with EU objectives and obligations1 (in the
sense of Article 3, Annex 1 of EU
Regulation 1233/2011)
Special information on the following a) Yes, both EGAP and CEB fully apply the
policies:
current version of the OECD Council document
“Recommendation of the Council on Common
1) Environment:
Approaches for Officially Supported Export
a)
Do
you
apply
the
OECD Credits and Environmental and Social Due
Recommendation on Common Approaches Diligence”.
to the Environment and Officially
Supported Export Credits?
(its successor instrument the OECD b) ***
Recommendation on Common Approaches
on Officially Supported Export Credits and
Environmental and Social Due Diligence?)
b) any other relevant information
2) Human rights:
a) Yes, both EGAP and CEB fully apply the
a) Do you apply the Human Rights related current version of the OECD Council document
aspects of the
“Recommendation of the Council on Common
Recommendation on Common
Approaches for Officially Supported Export
Approaches, on Officially Supported Credits and Environmental and Social Due
Export Credits and Environmental and Diligence”.
Social Due Diligence?
b) Any other relevant information?
b) ***
3) Anti-Bribery measures:
a) Yes, both EGAP and CEB apply OECD
a)
Do
you
apply
the
OECD Recommendation on Bribery.
Recommendation
on
Bribery
and
Officially Supported Export Credits?
b) ***
b) Any other relevant information?
4) Sustainable Lending Practices:
a) Yes, both EGAP and CEB apply OECD
a) Do you apply the OECD Principles and Principles and Guidelines to Promote Sustainable
Guidelines
to
Promote
Sustainable Lending Practices. EGAP and CEB are not tied/
Lending Practices in the Provision of untied aid providers.
Official Export Credits to Low Income
Countries?
b) ***
b) Any other relevant information?
5) Other policies
***
1 EP side suggested to use such a phrase (to ensure that it is not forgotten that the Regulation's official reference
is to "EU objectives and obligations)
630310 v1 2
IV.
Annual activity report data:
Explanatory note:
“MS shall report, in accordance with their national legislative framework, on assets and
liabilities, claims paid and recoveries, new commitments, exposures and premium charges."
From Regulation 1233/2011, Annex 1.
Member States that have more than one ECA should do one single integrated report (reporting
obligation is on the Member State as such, not the ECA). Where a MS offers at the same time
different types of products (pure cover and direct lending), the reporting under chapter IV
should however differentiate.
A) In case of official support is provided in the form of export credit guarantee or
insurance (“pure cover”) in the sense of Art 5 a 1) OECD Arrangement:2
Overview of assets
CZK 27,755.6 mil. (approx. EUR 1027.0 mil.)
Note: Total Assets of EGAP
Overview of liabilities
CZK 23,057.7 mil. (approx. EUR 853.2 mil.)
Note: Total Liabilities of EGAP less Equity
Aggregate nominal risk exposure:
• 01-01-2015
CZK 185,248.2 mil. (approx. EUR 6,854.7 mil.)
• 31-12-2015
CZK 174,737.2 mil. (approx. EUR 6,465.8 mil.)
a.) nominal risk exposure under insurance
policies issued:
• 01-01-2015
CZK 185,248.2 mil. (approx. EUR 6,854.7 mil.)
• 31-12-2015
CZK 174,737.2 mil. (approx. EUR 6,465.8 mil.)
b.) nominal risk exposure under promises
and notices of cover:
• 01-01-2015
CZK 0 mil. (approx. EUR 0 mil.)
• 31-12-2015
CZK 0 mil. (approx. EUR 0 mil.)
Premium Income
CZK 1,382.8 mil. (approx. EUR 51.2 mil.)
Recoveries
CZK 586.3 mil. (approx. EUR 21.7 mil.)
Claims paid
CZK 3,882.5 mil. (approx. EUR 143.7 mil.)
B) In case official support is provided in the form of Official Financing Support in
the sense of Article 5a2) OECD Arrangement:
Overview of assets
CZK 88,686 mil. (approx. EUR 3,281 mil.)
Note: Total Assets of CEB
Overview of liabilities:
CZK 83,753 mil. (approx. EUR 3,099 mil.)
Note: Total Liabilities of CEB
a) nominal value of officially supported
loan portfolio
• 01-01-2015
CZK 86,072 mil. (approx. EUR 3,104 mil.)
• 31-12-2015
CZK 79,933 mil. (approx. EUR 2,958 mil.)
b) total value of off balance commitments
• 01-01-2015
CZK 12,315 mil. (approx. EUR 444.1 mil.)
• 31-12-2015
CZK 6,031 mil. (approx. EUR 223.2 mil.)
Interest received
CZK 2,886 mil. (approx. EUR 106.8 mil.)
Annual profit/loss
CZK -141 mil. (approx. EUR -5.2 mil.)
2 Member States not using EUR should report the figures in their national currency and in EUR
630310 v1 3
V.
Contingent liabilities
Where contingent liabilities might arise Bank Guarantees issued and reported under total
from officially supported export credit off-balance commitments:
activities, those activities shall be CZK 2,343 mil. (approx. EUR 87 mil.)
reported:
Please note: these data do not relate to any
specific industry sector.
VI.
Evaluation and incorporation of environmental risks
Environmental risks:
Environmental risks are treated as well as social
ones in full compliance with the current version
of the OECD Council document
“Recommendation of the Council on Common
Approaches for Officially Supported Export
Credits and Environmental and Social Due
Diligence”.
a) Number/exposure of transactions 0 in 2015
Category A
b) Number/exposure of transactions
1 in 2015
Category B
How are environmental risks, which can EGAP takes into account all environmental and
carry other relevant risks, taken into social risks of the supported project from the
account in the officially supported export beginning of negotiations for the export support.
credit activities?
Environmental and social risks are assessed by
independent external environmental experts
officially certified by the Ministry of
Environment. EGAP has to be satisfied that the
transaction will be completed in a socially and
environmentally responsible manner.
*******
In case of export credits granted by CEB and
exceptionally not insured by EGAP, CEB takes
into account all environmental and social risks of
the supported project from the beginning of
negotiations.
630310 v1 4
Document Outline