presentation to rural development conference peter faulkner
TRANSCRIPT
![Page 1: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/1.jpg)
Presentation to Rural Development Conference
Peter Faulkner.
![Page 2: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/2.jpg)
Presentation Outline
• ACCBank / Rabobank• Loan assessment criteria.• Repayment Capacity• Equity Release• Quality of Security• What to do with the money?• Level of Risk• Your views
![Page 3: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/3.jpg)
ACCBank Current Position.
• 40 Branchs and 5 Business Banking units.
• 600 staff of which 35 are Agr.graduates.
• Change of strategy in 2000.
• Focus on SME and Agri sectors.
• Wholly owned subsidiary of RaboBank since March 2002.
![Page 4: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/4.jpg)
RaboBank
• RaboBank is the Worlds only non-government backed bank with AAA rating from all the major rating agencies.
• World leader in many food and agribusiness markets.
• Ranked among the world’s top 30 banks.• RaboBank was voted the worlds safest bank in
2001 and 2002.
![Page 5: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/5.jpg)
Mission Statement‘To be clearly identified as
the market leader in delivering
customer value
to the Business & Agri Sectors’
![Page 6: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/6.jpg)
Equity Release
• Loan to Value eg. 80%• 100 acres valued at €1m• €200k existing secured debt• €600k equity• Must show repayment capacity• Discount Factor • Principal+Interest• Interest Only( 5 years)
![Page 7: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/7.jpg)
Repayment Capacity
• Good Banking Discipline.
• Evidence of good planning and budgeting.
• Security available to cover significant exposures.
• RCR
![Page 8: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/8.jpg)
Loan Assessement Criteria
Proposition
3 C’s
Credit Grading
Credit Bureau
![Page 9: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/9.jpg)
3 C’s
•Character
•Collateral
•Capacity
![Page 10: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/10.jpg)
Investing Off Farm
• Get professional advice.• Residential Property.• Commercial Property (Home and abroad).• Yields + Capital Appreciation• Stamp duty, legal costs, planning regulations etc.• Syndicated Investments• Stock Market .
![Page 11: Presentation to Rural Development Conference Peter Faulkner](https://reader036.vdocuments.net/reader036/viewer/2022082819/56649f315503460f94c4d18e/html5/thumbnails/11.jpg)
Key Messages.• Research your Investment fully
• Be aware of the risks
• Longer term, higher reward
• Know what you can afford
• There is always another project
• Talk to ACCBank