Corporate Banking and Services

1. Corporate banking

Calyon Hungarian Branch offers its corporate and institutional customers access to a wide range of financial services, from the classic credit products such as lines of credit, in both local and foreign currencies, and overdraft facilities to more complex financial structures arranged to meet the individual needs of the customer:

• current and deposit accounts in HUF, EUR and other foreign currencies,
• payments and international transfers,
• payment guarantees,
• technical guarantees (bid bonds, advanced payment guarantees, performance bonds, customs guarantees),
• financing current and Capex requirements.

2. E-banking (Optim-CLIC) and Cash management

Optim-CLIC gives our customers an on-line access to information about their accounts as well as their resources. It also allows payment instructions. Thanks to an interface it can directly be connected to the accounting system of the company and provides significant time savings. Being an e-banking tool, fully secured (chip card, access codes, etc) its access is possible from any point in the world.
Calyon Hungarian Branch offers its clients a wide range of cash management services, both domestic and regional cash pooling, or cross-border pooling, including regular cash collection and delivery.

Structured finance

By providing the full range of related services and an expert staff, we will aid project sponsors/investors and corporations to obtain funding (even non-recourse), based on future revenues.

The accumulated professional experience of Calyon Hungarian Branch serves as a sound base to provide its clients with a full range of value added financial services.

• arrange and evaluate bidding process,
• structuring the project,
• assess feasibility,
• analyze the economic environment of the project,
• evaluate regulatory environments,
• adequate financial modelling.
• set up appropriate financing structure (enhance bank ability),
• establish reasonably applicable risk allocation (risk analyses: financial, regulatory, market, etc),
• prepare term sheet/project documentation, acting together with legal & technical advisors,
• if required involve other special products area (financial engineering),
• prepare information memorandum,
• involving the syndication desk, to assess the market acceptance of the transaction.

Clients and sectors: telecoms and media, energy and utilities, oil & gas, infrastructure, real estate.

Export and trade finance:

• export finance and pre-finance: Hungarian buyer's credit, multisourced export finance, co-financing with multilateral institutions,
• pre-export finance, international bonds (bid bonds, advance payment bonds, performance bonds), export credits with the support of the Hungarian Export Credit Insurance Co. (MEHIB) and the Hungarian Export-Import Bank (EXIMBANK).
• trade finance: L/C issuance, L/C confirmation, guarantees, documentary collections, forfaiting, receivables financing.

Real Estate Finance:

Calyon is one of the world top leader in real estate financing. In this frame Calyon Hungarian Branch develops a range of products and services and can propose to its clients various solutions based on Calyon long lasting experience.

Syndicated loans

In a professionally designed co-operation with dedicated teams in London, Calyon Hungarian Branch is ready to analyse the opportunities and to arrange syndicated fund raising both for corporates or structured transactions within the Euro zone. By capitalizing on its long-standing experience in the syndicated loan markets, Calyon Hungarian Branch is the solution to ensure a successful presence in the EuroLoan market.

Accordingly, it is very important to underline that Calyon Hungarian Branch acts as a special link between market players in Hungary and world-class syndication teams in London. This allows us to meet the increasingly sophisticated requirements of borrowers from both the public and the private sector.

Capital markets

Treasury:
The treasury department, with its in-depth market knowledge, handles FX and interest rate risk management. The Budapest Treasury is equipped with both the tools and the personnel, fully backed by the central treasury, to react to market volatility.

Fixed income:
Calyon Hungarian Branch has a long-lasting experience in originating and distributing bonds in Europe and in the USA. This benefits clients, securiting their financing needs through:

• a successful track record as a primary dealer,
• strong marketing and distribution efforts especially in France, being one of the most important institutional investor markets in Europe,
• dedicated research team/rating advisory.

Commodities' market:
plain vanilla spot and forward quotes on base metals, precious metals, energy, oils & derivates, CO2 emissions,
commodities' related hedging and investment products,

FX market:

• spot transactions (FCY/HUF, FCY/FCY),
• outright forward transactions to hedge outstanding FX risks,
• flexible system of orders,
• after business hours FX transactions on case-by-case basis.

Money market:

• overnight deposit facilities in all the major currencies,
• HUF and FCY time deposits,
• FX SWAP transactions up to one year,
• Hungarian and international government securities.

Derivatives' facilities:
Calyon Hungarian Branch is prepared to offer custom-tailored derivatives' solutions to meet customer demands. The product range includes both interest rate and FX facilities, such as:

• FRA facilities,
• IRS and currency SWAPS,
• plain vanilla options,
• zero-cost collar facilities and,
• structured deposits.

Medium and long-term derivatives' facilities are quoted and structured together with our London derivatives' desk.

Calyon Hungarian Branch 's scope of activity is enlarged by the expert units of its worldwide network to cover the needs of its clientele, through the involvement of a local dedicated team :

• financial and commodity derivatives are provided with the expertise and century-old solid track record of our team in London,
• fixed-income products : origination, marketing and sale of these products via a dedicated specialist team in Paris,
• securitization transactions : Calyon has an expert team with a solid track record in Europe. Calyon Hungarian Branch provides its services for securitising FX or HUF denominated future receivables.
   

Located in Vienna, the Crédit Agricole's International Support office to Middle market clients network (ISM) assists Crédit Agricole's mid-cap corporate customers in their international operations, by providing a thorough knowledge of the local environment as well as by securing access to a wide spectrum of banking services abroad.

Tamás MOLONTAY, Senior Country Officer
e-mail : info@calyon.hu

André TCHOURBASSOFF, Chief Operating Officer