Commerzbank in Asien

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1 Commerzbank in Asien 1

2 Die Commerzbank ist seit mehr als 50 Jahren in der Region Asien- Pazifik vertreten! 1961: Eröffnung Filiale Tokyo 1972: Eröffnung Filiale Singapur Beijing Tianjin Seoul 1979: Eröffnung Filiale Hong Kong 1994: Eröffnung Filiale Shanghai Shanghai Dhaka Mumbai Hong Kong Taipei Branches Representative offices Kuala Lumpur Bangkok Ho-Chi-Minh-City Singapore Jakarta Tokyo 1997: Eröffnung Filiale Peking 2009: Eröffnung Filiale Tanjin 2012: Eröffnung Kuala Lumpur TPC 2013: Partnerschaft mit Kasikorn Bank in Thailand 2014: Partnerschaft in Indien 2

3 Commerzbank Corporates & Markets Aktivitäten in Asien/Pazifik Singapore FIC FI, FX and Corporate Sales FX Trading Rates Trading Credit Trading EMC Sales Commodities Structuring PM Trading Coroporate Finance EMTN Desk Beijing Tianjin Seoul Tokyo Shanghai Taipei Dhaka Hong Kong Mumbai Bangkok Ho Chi Minh City Kuala Lumpur Singapore Jakarta Hong Kong EMC Sales EVF Trading Flow Trading FIC FI Sales Corporate Sales Corporate Finance M&A DCM Bonds DCM Loans Structured Cap. Markets ECM Beijing Corporate Sales Shanghai Corporate Sales EM FX&R Trading Melbourne Corporates & Markets / MSB Branches (1) Representative offices MSB only branches Tokyo FX Sales Corporate Sales (1) Including Representative Offices 3

4 Commerzbank Corporates & Markets Asien/Pazifik Kundenbetreuung in verschiedenen Ländern Japan Banks, Central Bank, Exchange, Insurance Cos, Asset Mgrs, Margin Brokers, Corporates South Korea Banks, Central Bank & SWF, Insurance Cos, Asset Mgrs, Securities Cos China Banks, Central Bank & SWF, Securities Cos, Corporates Singapore / HK Banks, Private Banks, IFAs, Family Offices, Central Banks & SWFs, Insurance Cos, Asset Mgrs, Securities Cos, Corporates Taiwan Banks, Central Bank, Insurance Cos, Asset Mgrs Philippines Banks, Central Bank & SWF Thailand Banks, Central Bank, Asset Mgrs Malaysia Banks, Central Bank & SWF Indonesia Banks, Central Bank India Banks, Central Bank Australia & New Zealand Banks, Central Bank 4

5 Corporates & Markets Asia - Awards 5

6 Marktüberblick Asien / Pazifik 6

7 Asien weiterhin die stärkste Wachstumsregion Sources: Commerzbank, IMF 7

8 Entwicklung Asien % share of GDP in Asia, 1996 vs China was less important in ASEAN 15% CN KR IN TW ID TH HK MY SG PH % share of the stockmarket capitalization in Asia, 2013 vs ASEAN 17% HK CN KR IN TW SG MY ID TH PH - China 221BC Oct , 1958, 1966, ,1989, 2001, Japan & Sources: Bloomberg, Commerzbank Research 8

9 Investment / GDP 50 % investment/gdp Malaysia+Thailand+Korea China % 45 China % India Investment PCE Govt Net exports -20 PCE Investment Govt Net exports -9 Sources: Bloomberg 9

10 Strukturreformen für Indien und Indonesien India inflation moderating 10

11 Indonesien 11

12 Strukturelle Reformen nötig India Indonesia - Modinomics - Gujarat to Dehli - Lower House majority, 1st since Change mindsets & implementation - Open to greater competition, FDI - Jokowinomics Solo to Jakarta; - Clean government; minority in parliament - 3% fiscal deficit; 60% govt debt to GDP - Revive investment; choice of cabinet 1) Quell graft Transparency 2) Welcome FDI Ambivalence 3) Eliminate inefficiencies Inflation 4) Red tape Red carpet 5) Technocrats in place Functionality 6) Yoke into global supply chain Significance 7) Slash subsidies Infrastructure 12

13 Geopolitische Risiken - Known unknown - Ukraine-Russia - Iraq-ISIS - Oil prices Sources: Google 13

14 Erster Renminbi-ETF Die Commerzbank hat gemeinsam mit der CCB International Asset Management Limited (CCBI) den neuen CBK CCBI RQFII Money Market UCITS ETF gelistet. Die Auswahl an Anlagen in Offshore Renminbi Investments ist nach wie vor begrenzt. Der neue CBK CCBI RQFII Money Market UCITS ETF bietet europäischen Anlegern jetzt eine Anlagemöglichkeit in Offshore Renminbi und ebnet damit einen Weg für Investments in Renminbi denominierte Staats- und Unternehmensanleihen sowie Policy Bank Bonds. Die RQFII Quote ermöglicht Offshore Renminbi Investments im Geldmarkt der Volksrepublik China ebenso wie eine Repatriierung von Gewinnen. WKN A14QCT 14

15 Asiatische Indizes und Produkte Index MSCI Pacific MSCI Pacific ex Japan FTSE/Xinhua China 25 Hang Seng China Enterprises Hang Seng Index MSCI Singapore FREE Index MSCI Taiwan TRN MSCI Thailand Nikkei 225 Index-Zertifikat (ISIN) DE000CB77NS2 DE000CB77NT0 DE000CB28YQ6 (Währungsgesichert) DE000CB6JFS3 (Währungsgesichert) DE000CB6JFR5 (Währungsgesichert) DE000CB850H9 DE000CB77WM6 (Währungsgesichert) DE000CZ23YV6 DE (Währungsgesichert) 15

16 Asiatische Indizes und Produkte Produkt Name ComStage HSCEI UCITS ETF ComStage HSI UCITS ETF ComStage China A50 Index USD ComStage Nikkei 225 UCITS ETF ComStage TOPIX UCITS ETF ComStage MSCI Japan 100% Daily Hedged Euro UCITS ETF ComStage MSCI Pacific TRN UCITS ETF ComStage MSCI Pacific ex Japan TRN UCITS ETF ComStage MSCI Japan TRN UCITS ETF ETFs (ISIN) LU (ETF023) LU (ETF022) LU (ETF024) LU (ETF020) LU (ETF021) LU (ETF025) LU (ETF114) LU (ETF115) LU (ETF117) 16

17 Forecasts Sources: Commerzbank 17

18 Forecasts Sources: Commerzbank 18

19 Forecasts Sources: Commerzbank 19

20 Forecasts Source: Commerzbank 20

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