BFA@glance

September 2019

2

BFA - BANCO DE FOMENTO ANGOLA

26 Years in Angolan Market

Branches

(1) Regulatory Capital Adequacy Ratio, Minimum Required 10%.

Customers2.032.764 192

65,11% Regulatory Capital Adequacy Ratio¹

6,7%NPL - Non Performing Loans / Total Loans

108,8% Provisions for Doubtful Loans / NPL (%)

- 15 135 579

806 1.088

1.579

2.309

3.552

6.306 5.897

6.450

7.062

7.930

8.892

10.432

9.087

7.914 8.697

5.521 5.183

1990 1993 1996 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Set.19

3

Assets (M.USD)

BFA – EVOLVES WITH ANGOLA

Evolving with Angola for the last 26 years

• Expansion of the Commercial Network continues in partnership with VISA and EMIS.

• The Social Fund is established with three main focuses.

• BFA launches the BFA Gold Card, the first Credit Card in Angola.

• The old Banco de FomentoExterior –BFE opens a representa-tive office in Luanda.

• BFE expands its presence by opening a branch in Luanda. This marks the beginning of its operations as a Commercial Bank, with a share capital of USD 4 million.

• BPI Group acquires BFE; the beginning of the Group´s aggressive expansion in Angola.

• BFA becomes an autonomous entity under Angolan law.

• New Head Office in Luanda

• Opening of a Central Archive Facility

• Change in the shareholding structure resulting from sale of 49.9% of BFA´s share capital to Unitel.

• Setting-up of Oil & Gas CorporateVendors team.

• Setting-up of Oil & Gas Corporate Operators team.

• UNITEL purchased +2% of BFA’s share capital, becoming the majority shareholder with 51,9%.

• Incorporation of BFA Asset Management

• BFA is BODIVA’s first member.

• BFA launches its first mobile application.

• BFA Customer Support line opening: 923 120 120.

• Kandandu prepaid VISA card launching.

• Opening of Corporate Centers Network

• Opening of the first Investment Center.

Note: Information for September 2019

• Agribusiness Department set up to support the sustainable development of this segment in Angola.

• Bank´s Risk Management function becomes operational.

• Creation of the Training Academy.

BFA - EXECUTIVE BOARD

4

Audit and InspectionDepartment

Vera Escórcio Manuela Moreira Carlos Firme Rodrigo Guimarães

Mário SilvaChairman

Company Secretary

Marketing Department

Transformation Office

BFA Academy

Agribusiness Department

Individual and BusinessDepartment-South

Investment Centres Department

Human ResorcesDepartment

Business Development Unity

Corporate Department

Individual and Business Department-North

BFA Assets Management

Exchange Control Department

Treasury Department

Financial and International Department

Information Systems Department

Means of Payment Department

Procurement Department

Credit Processing and Support Department

Organization and Quality Department

Foreign Sector and Treasury Department

Protocols Management Department

Private Banking Department

Social Responsibility Department

Facilities and Patrimony Department

Accounts and Planning Department

Individual and Business Credit Department

Compliance Department

Risk Management Department

Structured Financing and Investment Department

Legal Department

Monitoring, Recovery andInvestment Department

Corporate Credit Risk Directorate

Credit Management Directorate

Credit Risk Department of Large Companies,

Institutional and Projects

Jorge A. Ferreira PCE

Carlos Firme Rodrigo GuimarãesManuela Moreira Francisco AvilezVera EscórcioAntónio Matias

Digital Transformation Office

5

Un.X 1.000

Branches

SOLID ORGANIZATIONAL GROWTH

Employees

Customers

Note: Information for September 2019

167

175

186

191 191 191 192 192

12 13 14 15 16 17 18 Set.19

2.2672.428

2.526 2.610 2.632 2.611 2.674 2.737

12 13 14 15 16 17 18 Set.19

1.0731.193

1.3011.410

1.5711.743

1.8962.033

12 13 14 15 16 17 18 Set.19

6

Un.M.USD

Un.M.USD

Un.M.USD

Net Profit

Shareholders’ Equity and EquivalentsTotal Assets

SOLID ORGANIZATIONAL GROWTH

Note: Information for September 2019

7.930 8.892

10.432

9.087

7.914 8.697

5.521 5.183

2012 2013 2014 2015 2016 2017 2018 Set.19

776867

1.016935

1.044

1.3101.175

1.057

2012 2013 2014 2015 2016 2017 2018 Set.19

219 247

322 312377

416

713

221

2012 2013 2014 2015 2016 2017 2018 Set.19

7

Loan-to-Deposit Ratio

Notes: In 2011, Regulatory Solvency Ratio has incorporated the Capital for Exchange Risk (CFXR)IInformation for September 2019

Return on Assets (ROA)

Regulatory Capital Adequacy Ratio

SOLID ORGANIZATIONAL GROWTH

Loans to Customers Total Deposits

24,2% 25,8% 24,0% 24,3%

31,7%

37,9%

54,5%

65,11%

0,0%

10,0%

20,0%

30,0%

40,0%

50,0%

60,0%

70,0%

12 13 14 15 16 17 18 Set.19

3,0% 3,0%3,4% 3,2% 4,4%

5,0%

10,0%

5,4%

0,0%

5,0%

10,0%

15,0%

20,0%

12 13 14 15 16 17 18 Set.19

12 13 14 15 16 17 18 Set.19

20,5% 20,2%

24,7%

21,7% 21,8%

18,4%

25,6%

22,98%

8

Foreign Staff

Average length of Service

Average age of Employees

Degree or university attendance

35

67%

8

2%

HUMAN RESOURCES: YOUNG AND QUALIFIED

Note: Information for September 2019

9

Branches

Investment Centers

Corporate Centers

A STRONG AND SEGMENTED DISTRIBUTION NETWORK…

166

10

16

Note: Information for September 2019

Debit Cards¹ (1st place MS)

1.141.843

(1) Considering the total of valid Cards 30 September 2019. Source: EMIS(2) Considering the total of SPI Visa Cards 30 September 2019. Source: EMIS

10

…AND MULTICHANEL…

Note: Information for September 2019

25.122

POS (2nd place MS)

Internet banking

396

ATM (3rd place MS)

IPS Visa Cards: Credit and Prepaid Cards² (1st place MS)

19.139

511.315

11

192

… COVERING THE ENTIRE ANGOLAN TERRITORY

TOTAL115 LUANDA

97Branches and Banking Counters

12 Corporate Centers

6 Investment Centers

77 OTHER PROVINCES

69 Branches and Banking Counters

4 Corporate Centers

4 Investment Centers

Note: Information for September 2019

12

NATIONAL AND INTERNACIONAL RECOGNITION

Global Banking and Finance Review

Best Commercial Bank (5th Time)

2018

Global Brands Magazine Awards

Best Customer Service(1st Time)

2018

Revista The BankerBank Of The Year in Angola

(3rd Time)

2018

PUBLIC RECOGNITION

OF

BFAGlobal Brands Magazine

AwardsThe Best Bank in Angola

(1st Time)

2018

International Finance Awards

Best Social Responsibility Bank

(4th Time)

2019

Global Banking and Finance Review

Best Commercial Bank (6th Time)

2018

Prémios SiriusBest Management Report

and Accounts 2017(3rd Time)

2018

Emea FinanceBank Of The Year in Angola

(9th Time)

2017

CFIBest Network of Branches

(3rd Time)

2017

International Finance Best Corporate Bank

(5th Time)

2017

Finance DigestBest Commercial Bank

(2nd Time)

2017

Communicator AwardsBest Report and Accounts

Digital 2015(1th time)

2017

BFA HeadquartersAv. Amílcar Cabral, 58Luanda

Tel.: (+244) 222 638 900(+244) 222 638 965

SWIFT/BIC: BFMXAOLU

Fax: (+244) 222 638 970

www.bfa.ao