Oesterreichische Kontrollbank AG - more than an Export Credit Agency

Ferdinand Schipfer

Belgrade, 19 March 2013

strong economy at the heart of Europe

many flexible SMEs with cutting edge technologies

diversified and vibrant foreign trade community

popular central headquarters location

Vienna Airport - the leading hub to / from CEE

decent foreign trade-support facilities offered mainly by

ADVANTAGE AUSTRIA (AWO / WKO)

Austrian Gvt. and OeKB group of companies

appealing business partner Austria

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established in 1946

activities services for the Austrian foreign trade community (largely on Gvt.’s account) and the Austrian capital market

total equity EUR 600 mn (12/11)

total assets EUR 38 bn (12/11)

staff approx. 400

owners private credit institutions

Oesterreichische Kontrollbank AG

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insurance/guarantees a n d financing --> one stop shop: almost unique in continental Europe

total guarantees outstanding: approx. EUR 35 bn (12/2012)

total financing volume: approx. EUR 25 bn (12/2012)

OeKB-funding based on Aaa-Rating (Moody‘s) and AA+ (S&P) respectively

OeKB as quasi-sovereign issuer

OeKB architecture

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1. export credit or investment insurance a n d

2. financing (indirect, it is via banks) o f

short and medium/long term supply contracts and export credits

Austrian foreign direct investments

tangible production a n d services (except nuclear and defence)

pre-shipment a n d credit period

sovereign and sub-sovereign buyers/guarantors, transactions backed by banks, corporate risk business, project financing

purely Austrian projects a n d multi-sourcing deals

bonds and counter guarantees ...

Wide range of instruments

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29%

40%

13%

9%

4% 4% 1%

Asia

CEE countries

turnover guarantees

Turkey

Africa

Latin America

other countries

Export and investment guarantee portfolio by regions – 12/2012

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Export guarantee portfolio by industrial sectors – 12/2012

22%

22%

11% 7%

7%

7%

3%

2% 1% 12%

8%

metal and metallurgy

energy and electrical industry

traffic, transport, vehicles

water and environment

construction industry

pulp and paper industry

chemical and plastic industry

telecommunication

agriculture and food

other goods and services

ohter machinery

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OECD – Country risk classification (March 2013)

(regularly updated at http://www.oekb.at)

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CATEGORY

RISK

1 2 3 4 5 6 7

0

Chile

China Saudi Arabia UAE

Algeria Brazil India

Indonesia Mexico

Morocco Russia

South Africa Thailand Uruguay

Angola Azerbaijan

Croatia Egypt Jordan

Kazakhstan Macedonia

Nigeria Vietnam

Argentina Belarus Bosnia-

Herzegovina Iran Iraq

Kosovo Kyrgyzstan

Libya Moldova Pakistan

Syria Tajikistan Ukraine

Venezuela

Albania Armenia Georgia

Montenegro Serbia

Turkmenistan Uzbekistan

Bulgaria Columbia

Philippines Rumania Tunisia Turkey

Hongkong Taiwan

Germany Hungary

Korea Rep. Poland

Slovenia USA

financing provided indirectly via commercial banks (“refinancing”; OeKB does n o t act as direct lender)

financing in EUR or in foreign currencies

floating EURIBOR based or on largely fixed rates

for current interest rates please visit:

http://www.oekb.at/en/export-services/Financing/interest-rates/Pages/default.aspx

OeKB’s financing scheme

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bilateral trade in 2012 EUR 800 mn; Austria investor Nr. 1

OeKB’s portfolio (export credits, FDI) over EUR 500 mn

FDI-support dominating (telecom, finance, building material..)

(disappointingly) few capital equipment transactions

(concessional) Paris Club rescheduling agreement honoured in time

good overall payment experience

unrestricted cover policy

Business partner Serbia

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historically strong family and cultural ties to Central Eastern Europe

Austrian politics, industry, credit institutions and other service providers committed to region on a long term basis

Austria (among) leading investor(-s) in lots of countries

Austria as a gateway to the EU

Austria and CEE

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Some more reasons to do business with Austria

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Contact

Ferdinand Schipfer

Tel. +43-1-531 27 2610

Fax +43-1-531 27 4610

ferdinand.schipfer@oekb.at

www.oekb.at

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