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THE BELOW FOR SERIOUS RWA clients

Bank Take over

There is the opportunity to purchase 100% of a fully licensed bank in Luxembourg.

• full banking licensed (EU passporting);

• €80 million paid-in capital;

• Private Banking (plain vanilla wealth management, transactional banking - supporting companies of PB clients for cross boarder payments, some trade finance, investment banking (limited investment capacities for own balance sheet, non-regulated fund depository (regulated fund depository not offered);

• CSSF conform;

• around €1 billion AUM

• €100 M current equity (post unwinding of the business);

• approx. 80 FTSs of which are 15 in trade finance - social plan under negotiation to set up framework for restructuring, and

• currently business in good health - most of assets is in cash

POA



Another opportunity in Spain??

s I would like to remind you about this excellent opportunity to purchase the Spanish Bank with European license. This bank can definitely be an excellent opportunity especially to investors who can open different branches and re sell it for big amount of money.

The bank has European license, tier 18%. It currently has 4 branches in Europe, and is a full-fledged banking, including wealth management. It has good correspondent banks in Latin America and Africa.



The bank is a family bank and is more than 200 years old. One of the oldest in Europe. The current owners are too old, not interested in succession. It can also open branches in any Schengen countries (27 countries without requesting new license.)

Today it takes ages to obtain a new bank license in Europe at this level (time, licensing, reputation, create market share etc.)

If the bank opens few branches in Europe, it can be sold for hundred of millions after few months.



The price for the 100% is €57 Million. If there is a serious buyer, and the buyer shows its buying capacity (proof of funds), I can organize a meeting with the owners. All the negotiations must remain serious and confidential and signing NDA.



The bank has a Tier of 18% that indicates it is well capitalized.

The solvency ratio is calculated with the Capital equity divided by the assets with risk, measuring the financial capacity versus payments.

In Spain la Caixa has a 13.2%, BBVA 12.7%, Santander 12.2% and the European average is of 11.5%

17.8% means to be amongst the top in Europe.



EXPLANATION:

Bank tiers are a way of categorizing banks based on their relative size to the overall banking market (in terms of total banking assets, as provided by the bank’s balance sheet).

The Tier 1 ratio is the relation of the capital in equity of a bank, divided between all its assets by risk. This percentage will give you a good look at the strength of a bank.

It is calculated by:

Tier 1= Capital In Equity /Risk assets

Our potential acquisition bank In Europe has 18%, one of the highest (as the highest one has 20%).

For example for Japanese banks, Japanese Sumitomo Bank steadily increased its tier 1 capital ratios from 12.19% in 2014 to 16.69% as reported in March 2018. Standard & Poors, Moodys and Fitch Ratings assigned SMBCs an A1, A and A rating respectively (as at March 2018).



For example, Nomura Bank, with a common equity Tier 1 (CET1) ratio of around 17.7% at end-December 2020. Or Mizuho Group has a Tier 1 of 14.31%.

1. This is a full pledged bank. It can do international bill/businesses with lots of transactions with Europe, Latin America, and Africa.

2. It is a European bank licensed and has the possibility to open branches legally in every European country, and part of European community. It means that it can open branches in 27 countries.

3. The bank is a commercial bank working with institutions, companies and individuals. It has savings and investment products. It is also doing private banking. It has tellers and ATMs opened to the public every day. It also has trading platforms, investing in European and international stock market.

4. The bank also has partnerships with major banks and has many correspondent banks in Africa, Europe, and Latin America.

5. The bank is a 200-year-old bank owned by the same family. It has lots of respect and good reputation. If an interested party has enough financial capacity to purchase, the bank can open branches in different countries in Europe, in Dubai, in Africa, and Central Asia. He can flip the bank and sell it for over a billion. He can also open branches as digital bank, fully digital bank and the license can be sold for hundreds of millions. This is a good opportunity.



Procedures:

1. You send the proof of financial capacity or proof of fund as per the draft I sent to you previously.

2. The bank signs a Non-Disclosure Agreement with the buyer.

3. The bank releases all the documents for the purpose of due diligence

4. The bank signs an MOU during the due diligence

5. The bank signs the final purchasing agreement.



The transaction can go very fast.

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