Contact us OeKB AG plays a central role in the Austrian economy, both for the export industry and in capital markets, for which OeKB AG also performs statutory functions. OeKB AG also processes export guarantees and issues government bonds on behalf of the Republic of Austria. OeKB AG is the second-biggest Austrian issuer in international capital markets after the Republic of Austria, and offers market players central infrastructure services and financial data.

Key data at a glance

Company form Public limited company
Registered office Vienna
Year of establishment 1946
Business area EXPORT SERVICES
CAPITAL MARKET SERVICES
ENERGY MARKET SERVICES
DEVELOPMENT FINANCING
Shareholder structure
 

Austrian commercial banks

OWNERS

Board of Directors
 

Helmut Bernkopf
Angelika Sommer-Hemetsberger
 
MANAGEMENT

Organisational chart

Headcount (as at 2016)
 
442
Balance sheet total as at 31.12.2016 19.52 bn. euro
Pre-tax profit 2016 67.88 mill. euro

 

Key indicators of OeKB AG since 2013

EUR million (unless differently mentioned) 2013 2014 2015 2016
Total assets at 31 December 28,964 28,002 28,776 26,505
Equity including minority interest 684 718 746 766
Operating profit* 62 60 51 56
Profit before tax* 71 84 61 54
Total comprehensive income for the year 53 54 48 40
Return on equity in %** 7.7 7.5 6.4 5.2
Cost/income ratio in %* 56.2 56.8 61.8 59.3

*Beginning in 2012, stated net of deferred up-front premiums.

** RoE = (Total comprehensive income, attributable to the owners of the parent Company/equity, attributable to the owners of the parent company)

EUR million (except lines beginning with "Number of") 2013 2014 2015 2016
Number of guarantees in place 3,657 3,502 3,509 3,544
Number of new guarantee contracts issued 811 676 738 824
Aggregate guarantee exposure limit at 31 December 50,000 50,000 50,000 50,000
Utilisation of the guarantee exposure limit at 31 December 31,501 28,272 25,897 22,501
New guarantee contracts issued 3,512 3,842 3,758 3,566
Premium and interest income* 207 191 165 157
Gross claims paid by the Guarantor 122 102 81 77
Recoveries on claims paid 72 73 58 154

* Beginning in 2012, this item reflects accrual-basis accounting for up-front premiums (i.e., premiums are recognised in the period in which they are earned)

EUR million 2013 2014 2015 2016
New commitments issued 5,124 3,173 5,007 4,464
Total lending commitments outstanding at 31 December 24,632 22,087 21,369 19,210
Disbursements outstanding 22,031 19,587 18,373 15,701
     Loan funds disbursed 4,724 2,771 4,051 3,778
     Repayments received 7,520 5,216 5,265 6,450
Increase/(decrease) in net loans outstanding (2,796) (2,445) (1,214) (2,672)
Limit on aggregate guarantee exposure under Export Financing Guarantees Act 45,000 45,000 45,000 45,000
Utilisation of the guarantee exposure limit at 31 December 28,779 26,055 24,314 21,959
Total new guarantees issued 8,482 10,585 9,767 9,244

 

  2013 2014 2015 2016
Bond market — Government bonds administered by OeKB 13,994 12,581 14,795 12,939
OeKB CSD Custody assets - Nominal value 310,473 302,502 300,159 315,750
     Number of units in millions 10,816 11,003 10,551 10,120
OeKB CSD Settlement volume - Nominal value 430,608 543,704 414,790 512,693
     Number of units in millions 12,175 31,313 15,268 21,297
OeKB CSD - Number of depositors 152 138 93 84
OeKB CSD - Categories of securities 23,100 20,397 20,364 15,933