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www.bpnbrasil.com.br
Confidential – For internal use only
February/2011
BPN Brasil’s Profile
• A Wholesale Bank focused on medium and large size companies.
• Tailor made & sophisticated products, usually offered only to large companies.
• Main activities include:
Corporate Banking:
Local and Foreign Currency Loans, Guarantees, Performance Bonds, Trade Finance (Pre
Export, Import Financing, ECA’s, LCs, CPR’s, SBLCs), Res. 2770 Loans, BNDES
Onlending: EXIM Pre-Shipment and Post-Shipment, Finame, BNDES automatic (PEC,
Progeren, Prodecoop and others) and FUNCAFE.
Treasury:
CDs, DPGE, Government and Private Securities, Foreign Exchange (Spot and Forward),
Interbank Transactions.
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Financial Indicators
Credit Portfolio
('000 Reais)
Corporate
Retail
409.478
174.211
323.124
335.000
303.452
335.000
303.866
374.575
303.866
120.098
54.113
34.903
19.672
Dec-2006
Dec-2007
Dec-2008
Dec-2009
Dec-2010
* (Includes banking guarantees, letters of credit and credit assignments)
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Financial Indicators
Funding
Foreign
Local
Others
('000 Reais)
327.146
332.965
307.573
304.451
116.330
108.684
172.435
234.356
165.218
107.174
123.284
86.979
66.652
37.748
109.461
51.913
65.364
55.042
Dec-2007
Dec-2008
75.605
26.326
Dec-2006
Dec-2009
Dec-2010
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Financial Indicators
Tier I & Tier II Capital
('000 Reais)
Subordinated Debt
Shareholder's Equity
69.119
14.587
57.891
59.300
13.983
13.380
43.908
45.920
Dec-2009
Dec-2010
53.059
47.481
54.532
47.481
53.059
Dec-2006
Dec-2007
Dec-2008
Relevant Note: As the Extraordinary General Meeting – “AGE on December 27, 2010,
shareholders approved the capital increase of R$ 14,920 increasing the total capital of
R$ 74,878 to R$ 89,798.
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Comfort Letter
Lisbon, 27th November 2008
Dear Sir,
The Board of Directors of BPN - Banco Português de Negócios, S.A. (“BPN”), a Financial Institution ruled
by the Portuguese Legislation, declares that it is the intention of the Bank to promote the activities of its
subsidiary in Brazil, BPN Brasil Banco Múltiplo S.A. (“BPN Brasil”), a financial institution, created under the
legislation of the Federative Republic of Brazil.
With this in mind, BPN is pleased to confirm that:
1. It controls and holds the majority of the capital of BPN Brasil through its subsidiary BPN Participações
Financeiras SGPS, Ltda.;
2. It appoints the Executive Board of the bank in Brazil, and that this Executive Board acts following the
business purposes of BPN; and that
3. BPN Brasil will always be able to fulfill integrally and promptly all legally assumed obligations, except those
related to political risk and/or to any restriction on the transfer of funds, legally imposed.
Very Best Regards,
Pedro Oliveira Cardoso
Banco Português de Negócios
Noberto Sequeira da Rosa
Banco Português de Negócios
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Ownership Structure
BPN S.A.
BPN
Participações
Financeiras
SGPS, SA.
13.52%
86.48%
BPN
Participações
Brasil Ltda
Brazil
BPN Brasil
Banco Múltiplo
S.A.
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Banco Português de Negócios
• Universal Bank founded in 1998, has 205 branches in Portugal and 5 in France.
• On November 11th, 2008, the Government of Portugal passed the Decree-Law 251-X,
nationalizing the entire capital of Banco Português de Negócios S.A. (“BPN Portugal”),
transferring its shares to the Portuguese State. At the same time, BPN’s Board of Directors
and Management was entrusted to Caixa Geral de Depósitos, S.A. (“CGD”), the largest
banking and insurance group in Portugal.
Republic of Portugal Sovereign Ratings
Fitch Ratings
Moody´s
S&P
A+
A1
A-
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Banco Africano de Investimentos
• Largest private Angolan Bank, founded in November 1996, has 60 branches and
188.696 customers.
• At December 31, 2008 had US$ 7,6 billion in Total Assets, US$ 5,0 billion in Deposits
and US$ 525,6 million in equity.
• In 2008 was elected by The Banker (Financial Times) The Angolan Bank of the Year.
• In Oct/2004, NOSSA – Nova Sociedade de Seguros de Angola was created through a
partnership between BAI, BPN Group and IFC (International Finance Corporation).
Main Shareholder:
• Largest company in Angola, is focused in research, exploration and production of oil and
gas both on-shore and off-shore.
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Organizational Structure
Luiz Stouthandel
Stouthandel
Luiz
President && CEO
CEO
President
Luiz Stouthandel
Stouthandel
Luiz
Director
Director
Rodrigo Del
Del Barrio
Barrio
Rodrigo
Director
Director
Business
Finance & Administration
• Commercial
• Treasury / Trade Finance
• Credit Restructuring
• Controller / Audit
• Credit Analysis
• Budget Management
• IT / Operational Risk & Internal
Controls
• Market & Credit Risks
• HR
• Ombudsman
• Legal & Compliance
• Accounting
• Credit Portfolio Management
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Senior Management Team
Luiz Alberto Fortuna Stouthandel
Since Dec/06
Born in 1960, Brazilian, Graduated in Business Administration from Faculdade Ítalo
Brasileira, has a MBA in finance from USP and holds an ANBID CPA 20 certification.
He has a wide experience in the financial market, having worked for 26 years for relevant
Brazilian financial institutions, such as Itaú, Unibanco and ABC Brasil.
Rodrigo Del Barrio
Since Apr/03
Brazilian, born in 1969, studied Economics at Falculdade de Economia e Admisnistração
USP - SP, has MBA in finance from Ibmec Business School SP and holds an ANBID CPA 20
certification. In 1990, started in the financial market at BFB – Banco Francês e Brasileiro,
working in the Foreign Exchange. From 1995 to 2003 worked at Bank of America Brazil on
the FX and Derivatives desks. As VP at Bank of America, was also responsible for
structuring the Institutional Sales Area.
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Contacts:
Commercial Banking
George Spörl
[email protected]
Tel: (5511) 3094-9006
Credit & Risk
Arthur Comin
[email protected]
Tel: (5511) 3094-9078
Website
www.bpnbrasil.com.br
E-mail
[email protected]
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