Market announcement
AS LHV Group
LEI code
529900JG015JC10LED24
Size of the entity
Large group
Economic activities
Financial and Insurance Activities
Industry sector(s)
Credit institution
Country of registered office
Estonia
General information
Categories
Other corporate action
Unique data record identifier
7596
Submission date and time
25.11.2019 08:00:00
Content of announcement in Estonian
Title
LHV Pank ja Danske Bank viisid lõpule eraisikute laenuportfelli ostu-müügi tehingu
Message
AS LHV Pank ja Danske Bank A/S viisid 23. novembril 2019 lõpule tehingu, millega AS LHV Pank omandas Danske Bank A/S Eesti filiaalile (likvideerimisel) kuulunud Eesti eraisikute laenuportfelli ning sellesse kuuluvad laenu-, liisingu- ja tagatislepingud ning muud seotud lepingud käitise ülemineku vormis. Tehingu tulemusena kasvas LHV Panga laenuportfell 393 miljoni euro võrra. Hinnang tehingu lõplikule finantsmõjule ei erine varemavaldatud prognoosist (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=897910&me ssageId=1130567). Tehing puudutas u 10 000 eraisikust klienti. Tänaseks on kõik nende klientide sõlmitud ja kehtivad krediidilepingud Danske Banki poolt LHV Pangale üle antud. Üle on antud ka kõik laenuportfelliga seotud dokumendid ja kliendiandmed, muu hulgas isikuandmed. Üle 90% portfellist moodustavad eluasemelaenulepingud, vähesel määral sisaldas laenuportfell ka tarbimislaene, liisinguid ja õppelaene. Käitisega koos võttis LHV Pank üle ka nelja töötaja töölepingud. Nädalavahetusel teavitasid Danske Bank ja LHV Pank kõiki tehingusse puutuvaid kliente nende lepingute üleminemisest ja informeeris muudatustest ka seotud laenuvõtjaid, kaastaotlejaid, käendajaid ja teadaolevaid tagatiste omanikke. Samuti teavitati koostööpartnereid ja seotud kindlustusseltse. Klientide jaoks on üleminek tehtud võimalikult mugavaks. See tähendab, et LHV Pank on loonud igale laenulepinguga kliendile personaalse konto, kuhu klient peab edaspidi tasuma oma laenumaksed. Laenud on kantud LHV-le üle automaatselt ja refinantseerimisprotsessi ei pea kliendid läbima. Uusi krediidilepinguid pole vaja LHV-ga sõlmida. Laenudega seotud hüpoteegid vormistatakse LHV nimele ning klientidele sellega seoses täiendavaid kulusid ei kaasne. Liisingulepingute puhul on liisinguandjaks ja liisingueseme omanikuks nüüd LHV Pank. Edaspidi peaksid kliendid hakkama laenumakseid tegema senise konto asemel LHV Pangas asuvale personaalsele kontole. Pärast üleviimist tuleks kõikide tehinguga seotud lepingute muudatuste soovidega pöörduda LHV poole. Kõikidele klientidele kehtivad pärast üleviimist LHV Panga hinnakirjajärgsed teenustasud. AS LHV Pank ja Danske Bank A/S teatasid eraisikute laenudega seotud käitise müügitehingu kavatsusest 3. juunil 2019 (börsiteade (https://www.globenewswire.com/Tracker?data=gXNBtMbmQeoK-A63m9FEcTLetFWBlRsK- cj_Selh2GlpUXRwExe9FwRltuBRuoVLP9BZ9Grm3Ljy050uS0duMZlzoNp- iPTYH1DBzcj3UmUpLPcLK85275kXvFrdWQRpvNsjc_6JZhRxu7xNc3kJ1NOhTCd8mKD4h- xEFqfPdnSCPjPVSyT3xrYk1MJMP6KBGAFyuZiROIPbU64lt_F3Mg==)) ning allkirjastasid ostu-müügi lepingu 5. juunil 2019 (börsiteade (https://www.globenewswire.com/Tracker?data=bMwLQuUCP8XzMDVq73npAzgsuqgLUq- I7ENvy-7HoE9qSmDS- c2il2giXK3A76d0jT983FNhW4pkkALYCsiMg6G23v77SZuTv1Qtk1oerizplmHe6dtzSS19dH39CvjH3 uLWBl_YkOdGFRhj_h0wWDn8mT_hZk23FHbR56m6Ts334rwD3mhxyVmRFg61RsHf)). Tehingu lõpuni viimiseks kaasas LHV Pank suvekuudel olemasolevatele hoiustele lisaks 450 miljoni euro mahus hoiuseid. AS LHV Group viis tehinguga seotult lisakapitali kaasamiseks läbi allutatud võlakirjade emissiooni (börsiteade (https://nasdaqbaltic.com/statistics/et/news/306759)), esimese taseme täiendavadtesse omavahenditesse kuuluvate võlakirjade emissiooni (börsiteade (https://nasdaqbaltic.com/statistics/et/news/306756)) ja täiendava aktsiaemissiooni (börsiteade (https://nasdaqbaltic.com/statistics/et/news/308321)). LHV Group on suurim kodumaine finantskontsern ja kapitali pakkuja Eestis. LHV Groupi peamised tütarettevõtted on LHV Pank ja LHV Varahaldus. LHV-s töötab üle 420 inimese. LHV pangateenuseid kasutab üle 192 000 kliendi ja LHV hallatavatel pensionifondidel on üle 176 000 aktiivse kliendi. Priit Rum LHV kommunikatsioonijuht Telefon: 502 0786 E-post: [email protected] (mailto:[email protected])
Content of announcement in English
Title
LHV Pank and Danske Bank finalised the purchase-sale transaction for Danske Bank's private customer loan portfolio
Message
On 23 November 2019, AS LHV Pank and Danske Bank A/S finalised the transaction, under which AS LHV Pank acquired the private customer loan portfolio of Danske Bank A/S Estonia branch (in liquidation) and the included leasing and collateral agreements and other related agreements in the form of the transfer of the unit. As a result of the transaction, LHV Pank's loan portfolio increased by EUR 393 million. The estimated final financial impact from the transaction does not differ from the previously published forecast (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=897910&me ssageId=1130566). The transaction concerned approx. 10,000 private clients. As of today, all valid credit agreements concluded by these clients have been transferred to LHV Pank by Danske Bank. Also, all documents and client data, including personal data related to the loan portfolio, have been transferred. More than 90% of the portfolio consists of home loan agreements; the loan portfolio also contained a small number of consumer loans, leases and student loans. Together with the unit, LHV Pank took also over the employment contracts of four employees. Over the weekend, Danske Bank and LHV Pank notified all clients associated with the deal about the transfer of their agreements, and also informed the related borrowers, co-applicants, sureties and known owners of collateral about the change. In addition, cooperation partners and related insurance firms were also informed. The transfer has been made as convenient as possible for the clients. This means that LHV Pank has created a personal account for each client who has a loan agreement, to which the client should henceforth redirect their loan payments. The loans were transferred to LHV automatically and there is no need for the clients to go through a refinancing process. Signing new loan agreements with LHV is not necessary. Mortgages associated with the loans will be formalised in the name of LHV and no further costs will be incurred by clients in connection with that. In the case of lease agreements, the lessor and owner of the object of the lease will be LHV Pank. In the future, the client should redirect their loan payments to the personal account opened at LHV Pank, instead of their previous account. Following the transfer, all requests to amend the agreements relating to the transfer should be referred to LHV. Following the transfer, the service fees of LHV Pank, as per the price list, shall apply to all clients. AS LHV Pank and Danske Bank A/S announced their intention to conclude a sales transaction for the Danske Bank unit involved with private loans on 3 June 2019 (stock exchange announcement (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=892586&me ssageId=1123663)) and signed the purchase-sale contract on 5 June 2019 (stock exchange announcement (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=893058&me ssageId=1124265)). In order to finalise the deal, LHV Pank added deposits worth EUR 450 million to the existing deposits during the summer months. To raise additional capital in connection with the transaction, AS LHV Group organised an issue of subordinated bonds (stock exchange announcement (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=894879&me ssageId=1126656)), an issue of bonds belonging to Tier 1 own funds (stock exchange announcement (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=894878&me ssageId=1126655)) and an additional share issue (stock exchange announcement (https://cns.omxgroup.com/cdsPublic/viewDisclosure.action?disclosureId=904633&me ssageId=1139415)). LHV Group is the largest domestic financial group and capital provider in Estonia. LHV Group's key subsidiaries are LHV Pank and LHV Varahaldus. LHV employs over 420 people. LHV's banking services are used by over 192,000 clients, and pension funds managed by LHV have more than 176,000 active clients. Priit Rum Communication Manager Phone: +372 502 0786 Email: [email protected] (mailto:[email protected])