Institutional Presentation
US$ mm
March 2020
Permanent Innovation to become the bank ofchoice of the successful people, who are theleading players in the development of ourcountry
To keep ourselves committed to the success of our clients
✓ Integrity✓ Professionalism✓ Positive Attitude
2
Paraguay's Economy
Overview
3
Supportive macro and banking sector scenario
*Provisional data** Referential exchange rate according to BCP Source: BCP
G
4
Dec-19 Mar-20
% GDP 0,2
% Accumulated Inflation 2,8 0,4
% Annual Inflation 2,8 2,5
USD Exchage rate** Gs 6.509,8 Gs 6.563,0
Banking Sector Regional
Mar-20 Mar-20
% Loan growth vs Dec19 11,1 2,2
% Deposits growth vs Dec19 15,4 4,5
% NPL 3,0 2,8
% Annualized ROE 15,7 0,5
Paraguay’s Overview
Source: MF Economía with BCP and USDA data
Key Figures
Country key facts
Asunción
Contribution to GDP by Sector (2014-2019*)
Fuente: MF Economía con datos de BCP y USDA
6%
2%
9%
8%
19%
10%8%
37%
Construction
Livestock
Government
Binationals
Industry
Commerce
Agriculture
Others
* Provisional
Surface 406.752 km2
Population (2019) 7,1 millions
GDP 2019*US$ 38,6 billion
US$ 5.404 per capita
Worldwide
Relevance as
Exporter
1st exporter of organic sugar 2nd exporter of stevia 4th exporter of soybean 5th exporter of soybean oil 5th exporter of energy 7th exporter of corn 11th exporter of beef
High economygrowth:
~4,1% annualduring
2015-2019
Low inflation rate
with a stable
monetary policy
Agribusiness has historically
been main economic driver,
with services, industrial and
tertiary sectors starting to
develop more intensively
Lowest tax rates in South America,providing incentives to investments Tax on Corporation and Personal
income: 10% VAT in 5 - 10% range
5
Macroeconomic stability is sustained
*Provisional data **ProjectionsSource: MF Economía with BCP data Fuente: MF Economía con datos de BCP y USDA
Exchange rate (Gs/US$ in average)
Annual Inflation GDP Growth % *
GDP per capita (US$)
6
4,9%4,0% 3,7%
4,2%
3,1%3,9%
4,5%
3,2% 2,8%
2011 2012 2013 2014 2015 2016 2017 2018 2019
5.3095.171
5.872
6.006
5.3715.302
5.6675.792
5.404
2011 2012 2013 2014 2015 2016 2017 2018 2019*
4.196 4.422 4.3044.462
5.2055.670 5.591 5.693
6.241
2011 2012 2013 2014 2015 2016 2017 2018 2019
4,2%
-0,5%
8,4%
4,9%
3,1%4,3% 5,0%
3,4%
0,2%
4,1%
2011 2012 2013 2014 2015 2016 2017 2018 2019* 2020**
Lower debt and higher fiscal balance
* 2015-2019 in average * Provisional 2019Source: MF Economía with BCP and FMI data
Fuente: MF Economía con datos de BCP y USDA
Fiscal Balance / GDP
Net Public Debt / GDP
Fiscal Balance / GDP* in the Region
Net Public Debt / GDP* in the Region
7
63,3 60,0
34,923,5
8,3
-1,0 -4,6
26,3
BRA ARG COL BOL CHI PAR PER-6,6%
-4,2% -4,4%-3,7%
-2,0% -2,3% -2,5%
0,1%
2,0%
2011 2012 2013 2014 2015 2016 2017 2018 2019*
0,1%
1,0%
0,7%
-1,2% -1,3%-0,9%
-1,3%-1,1% -1,1% -1,3%
-2,8%
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019
-2,2 -2,2 -2,6 -2,6-2,8
-5,7
-7,6-8,4
-4,2
PER CHI URU COL PAR ARG BOL BRA
Source: MF Economía with USDA dataFuente: MF Economía con datos de BCP y USDA
Global commodity supply remains high
WHEAT
SOYBEAN
RICE
CORN
8
60
73
57
58
64
79
95
80
99
11
0
97
261 265 241 269283 321
350317
342 358338
0,0
50,0
100,0
150,0
200,0
250,0
300,0
350,0
400,0
0
20
40
60
80
100
120
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Final Stock (Millions of Ton.) Production (Millions of Ton.)
13
2
11
5
12
3
14
5
21
5
27
9
35
2
31
2
34
1
32
0
29
8
834 849910 899
1.027 1.0581.128
1.0151.080 1.122 1.111
0
200
400
600
800
1.000
1.200
0
50
100
150
200
250
300
350
400
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Final Stock (Millions of Ton.) Production (Millions of Ton.)
20
4
19
9
19
9
18
0
19
8
22
3
26
3
24
5
28
3
27
8
28
8
688 651 699 660
717730
756738
763731
764
580600620640660680700720740760780
0
50
100
150
200
250
300
350
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Final Stock (Millions of Ton.) Production (Millions of Ton.)
97
10
2
11
2
12
3
12
8
13
5
15
0
14
2
16
3
17
4
17
7
441 452470
476 481 482491
477
495499 497
410420430440450460470480490500510
020406080
100120140160180200
20
10
20
11
20
12
20
13
20
14
20
15
20
16
20
17
20
18
20
19
20
20
Final Stock (Millions of Ton.) Production (Millions of Ton.)
SOYBEAN OILWorld 56,9 World 11,8
1 China 15,2 26,8% 1 Argentina 5,7 50,7%
2 USA 11,1 19,5% 2 Brazil 1,1 9,3%
3 Argentina 8,7 15,3% 3 EU 1,0 8,0%
9 Paraguay 0,7 1,3% 5 Paraguay 0,7 6,0%
SOYBEAN MEALWorld 238,6 World 67,8
1 China 67,3 28,2% 1 Argentina 30,9 45,5%
2 USA 44,9 18,8% 2 Brazil 15,4 22,7%
3 Argentina 34,3 14,4% 3 USA 12,0 18,0%
9 Paraguay 3,0 1,3% 4 Paraguay 2,6 3,8%
Paraguay and Soybeans market - 2019/20
Production (Million ton.) Exports (Million ton.)
SOYBEANSWorld 337,7 World 149,1
1 Brazil 123,0 36,4% 1 Brazil 76,0 51,0%2 USA 96,8 28,7% 2 USA 48,3 32,4%3 Argentina 53,0 15,7% 3 Argentina 8,2 5,5%5 Paraguay 10,2 3,0% 4 Paraguay 6,2 4,2%
Source: MF Economía with BCP and USDA data9
WHEATWorld 764,4 World 181,1
1 EU 154,0 20,2% 1 Russia 34,0 18,8%
2 China 133,6 17,5% 2 EU 31,0 17,1%
11 Argentina 19,0 2,5% 6 Argentina 13,0 7,2%
33 Paraguay 1,1 0,2% 17 Paraguay 0,6 0,3%
RICEWorld 496,7 World 45,6
1 China 146,7 29,5% 1 India 11,8 25,9%
2 India 115,0 23,2% 2 Thailand 7,5 16,6%
11 Brazil 7,1 1,4% 9 Uruguay 0,8 1,7%
38 Paraguay 0,7 0,1% 11 Paraguay 0,7 1,5%
Paraguay and the Cereal market – 2019/20
Source: MF Economía with BCP and USDA data
Production (Million tons) Exports (Million tons)
CORNWorld 1.110,8 World 165,6
1 USA 347,8 31,3% 1 USA 45,1 27,2%
2 China 260,8 23,5% 2 Brazil 36,0 21,7%
3 Brazil 101,0 9,1% 3 Argentina 33,5 20,2%
23 Paraguay 4,4 0,4% 7 Paraguay 2,0 1,2%
10
Paraguay became relevant in the Global Beef Market
*Ton carcass weightSource: MF Economía with BCP and USDA data
Global Beef Market (Projections 2019)
Main Producers Main Exporters
Country Tons Share Country Tons Share
World 61.604 100,00% World 11.314 100,00%
1 USA 12.381 20% 1 Brazil 2.356 20%
2 Brazil 10.225 17% 2 Australia 1.825 16%
3 EU 7.875 13% 3 India 1.600 14%
4 China 6.850 11% 4 USA 1.372 12%
5 India 4.287 7% 5 Argentina 765 7%
6 Argentina 3.120 5% 6 New Zealand 649 6%
7 Australia 2.450 4% 7 Canada 560 5%
8 Mexico 2.020 3% 8 Uruguay 470 4%
9 Pakistan 1.820 3% 9 EU 370 3%
10 Russia 1.367 2% 10 Mexico 355 3%
… … … 11 Paraguay 340 3%
16 Paraguay 530 1% 12 Belarus 195 2%
11
Regional: A leading
Bank designed for
development
12
Assets March 2020
Usd 2.755,8
Strategic and Steady Growth
Strategic alliance with Rabobank
• Rabobank becomes largestshareholder with 40% stake
• Local stock issuance in BVPASA• Acquisition of 100% of ABN
AMRO Paraguay
Bank expansion• 5-year strategic plan with Bain &
Company’s support• First international bond issuance
for US$300mm• Institutional image renewed• 25 years in the Financial System• Creation of Brokerage• Beginning of “Fundación Regional”
Strategic Turn-Around
• Implementation of new strategic plan to expand
• Personalized customer attention
• Institutional image renewed• Tech infrastructure upgradeNavigating the
financial crisis• One of the few local
banks to successfully steer through Paraguay’s banking crisis
Bank Foundation
• Commercial bank• First bank in Paraguay
headquartered outside the country’s capital
1991
Assets $8,10
2000 / 05
2018
1998
2008 / 12
2013 / 17
Assets 2008:
$624,63
Assets (US$ mm)
• Incorporation of “Regional SAde Seguros” (Insurance Company)
• Payment of International Bonds (US$ 300 mm)
13
12
Production of
Direct Premiums
Motor insurance
29,96%
Life insurance
30,31%
Technical risks
insurance 11,73% Fire
insurance 9,19%
Risk insurance
8,39%Others 8,23%
Surety insurance
2,19%
Accumulated transactions to
Dec-19
4
Direct Premiums(1)
In 2019 we have expanded as an economic group…
14
(1) 2019-2020. Accumulated to March 2020(2) According to the latest report of Solventa to Oct-19(3) 100% Fixed IncomeTotal Insurers in the System = 36Total Brokerage Houses in the System = 10
Insurance company acquired
by Banco Regional on
February, 2019
It has 25 years operating in
the market.
Marketshare(1) Score(2)
py A-(Stable)
Brokerage house approved by
the Extraordinary Assembly on
July 31, 2018.
Started to operated on January,
2019.
Stock MarketSubordinated bondsCorporate bondsFinancial bonds
OTCTerm Deposits
Securities Offered(3):Marketshare
And Corporate Social Responsibility, has become one of the
central elements of the business strategy
15
NGO approved by the Extraordinary Assembly
on July 31, 2018.
➢ Financial Education: to reduce the risk of negative financial qualification ofindividuals and promote the financial sustainability of companies and individuals.
➢ Agricultural and livestock research: to improve productivity and sustainability offood production.
➢ Environmental Education: to improve citizen and productive practices, which allowsus to influence the protection of the environment.
"Contribute to the development of the community, beyond the strict interests that the business demands, expressing in the best way,
the social, economic and environmental contribution in the communities in which it
operates"
Purpose:
Strategic Objectives
Commitment to sustainable and sustainable development
16
Sustainable Finance Roundtable of Paraguay
The MFS is a platform of voluntary collaboration among banks thatpromotes economic and sustainable development, to face the risksand take advantage of the opportunities of sustainable challenges inParaguay.
Banks of the MFS have been working to implement three SectorGuides, Animal Husbandry, Agriculture and Industrial, to manage theSocial and Environmental risks .
Banco Regional is one of the first drivers of this platform
UN Global Compact
The United Nations Global Compact is a network that unites more than 9,800 companies and 3,300 organizations worldwide.
This initiative encourages businesses and organizations to adopt and promote sustainable and socially responsible practices.
Banco Regional was accepted on August 2019, as a participant of the United Nations Global Compact Initiative in Paraguay
Banco Regional shows transparency and financial
strength endorsed by international rating agencies
Rating Agency Score Trend Updated to
AA+py Sensible Apr-20
FC: Ba2/Not PrimeNegative Apr-20
LC:Ba2/Not prime
BB Stable Jan-20
17
Anticorruption Policy
18
Main topics that are addressed by the new Policy and Procedures
High Risk ThirdParties
Donations Hiring of employees
Investments, acquisitions and joint
ventures
Gifts and Hospitality
Sponsorship
ReportingTraining
Record Keeping
Anticorruption Policy and Procedures
Local regulations
Recommendations from the Wolfsberg Group
Recommendations from the UK Bribery Act
Recommendations from the United States “Foreign Corrupt Practices Act”
Came into force in June 2019
They are in line with:
Banco Regional has been awarded the first place in “Best practices of transparency and integrity in the private sector contest”
in the category of corporate enterprises. This contest was launched by the National Secretary of Anticorruption (SENAC) with the support of the United Nations Office on
Drugs and crime (UNODC).
The proposal of Banco Regional was focused on the development and implementation of the new Policy and Procedures of Anticorruption.
Banco Regional: A leading financial institution
March 2020
19
$2.755,84 $264,99 656
$1.974,92 14,10% 54,16%
1.792 0,05% 196,61%
$0,33 0,53% 47,16%
Assets
Loans(A)
TIER II (C)
Equity
Deposits + Sub. Bonds (B)
Net Profit
# Employees
ROEAnnualized
ROA NPLCoverage (E)
Efficiency (D)
Real Collaterals /Total loans
Amounts in US$ mm
(A) Includes Financial Sector - Does not included accrued interests(B) Deposits US$ Mn (C) Effective Equity / Risk-weighted assets and contingencies(D) Operating Expenses/ Operating Margin(E) Total NPL Coverage indicates (specific + Generic Provisions) / NPL
1.713,8
8,43%
10,85%13,20%14,94%
Among the main promoters of Paraguayan economy
20Total number of banks financial sector = 17 Agricultural Sector = Agricultural crops+ Agribusiness; Industries= Manufacturing industries; Consumer Goods= Housing + Consumption+ Personal Services; Other Sectors= Financial intermediation + Sale, maintanance and repair of vehicles + Other economic sectors
From its origin, Banco
Regional has been an ally to
the economic sectors that
boost the growth of our
country. Market Share
Loans to
Market Share
Loans to
Market Share
Loans toMarket Share
Loans to
Market Share
Loans toMarket Share
Market ShareMarket Share
Loans to
Market Share
Loans toMarket Share
Loans to
Banking System Ranking (Nº) & Market Share (%) - March 2020
22,37% 17,52%
6,38%5,66%
AGRICULTURAL SECTOR
Nº1
ANIMAL HUSBANDRY
Nº1
RETAIL AND WHOLESALE INDUSTRIES BUILDING
OTHER SECTORS SERVICES CONSUMER GOODS
LOANS
DEPOSITS
Nº2 Nº3 Nº3
Nº7Nº6Nº4
Nº2
Nº3
15,21%
10,97%
Ranking Position
90
7,01%
6Ranking Position
35Branches
7,13%6
Offering Omni-Channel Experience –
Total number of banks = 17(A): Main customers with at least one valid product
21
Market Share
Branches ATM
Social Media TAUSER
Market Share
Market Share
Active Customers (A)
ATM
TAS
March 2020
90.186Customers
3%81%
14%2%
Large Corporate
Retail
SME
Private
Financial Instit
Public Instit
100.768 9.652 6.906 followers followers followers
Ranking Position
52
20,08%1
Solid growth in a competitive market -
US$ mm(1) Includes financial sector. Does not include accrued interests(2) Does not include accrued interests
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
Assets
Deposits(2)
Loans(1)
Equity
22
$2
.60
7
$2
.61
7
$2
.92
6
$2
.68
6
$2
.75
6
13,75%12,55%
13,69%12,50% 12,61%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Assets (US$mm) %Market share - Assets
$1
.87
1
$1
.99
2
$2
.14
0
$2
.14
8
$1
.97
5
15,46% 15,28% 15,21% 14,83% 13,98%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Loans (US$mm) %Market share - Loans
$1
.73
7
$1
.65
9
$1
.80
6
$1
.71
6
$1
.71
4
12,82% 11,08%12,11% 11,15% 10,97%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Deposits %Market share - Deposits
$2
52
$2
81
$2
75
$2
69
$2
65
11,99% 11,80% 11,07% 10,39% 10,04%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Equity %Market share - Equity
March 2020
Evolution of Loan Portfolio -
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
Portfolio by Currency
Portfolio Distribution by Sector(*)
23
Loans by Segment
Total number of banks financial sector = 17 Agricultural Sector = Agricultural crops+ Agribusiness; Industries= Manufacturing industries; Consumer Goods= Housing + Consumption+ Personal Services; Other Sectors= Financial intermediation + Sale, maintanance and repair of vehicles + Other economic sectors
March 2020
37,58%
22,99%
7,60%
13,20%
1,95%
8,60%6,33%1,75% Agricultural sector
Retail and Wholesale
Industry
Animal husbandry
Services
Consumer Banking
Other economic sectors
Building
Mar-20
81,46%
12,14%
5,12%0,99%
0,19%
0,09%
Mar-20
Large CorporateSMEsRetailPrivateFinancial Inst.Public Inst.
Loans LC
36,06%
Loans FC
63,94%
A Strong Structure of Deposits –
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
Sight Deposits vs. Time DepositsDeposits by currency
24
Deposits by Segment
Sight Deposits48,01%
Time Deposits51,99%
Deposits LC
40,41%
Deposits FC
59,59%
24,32%13,63%
13,13%
31,55%
2,78%
14,59%Mar-20
March 2020
Large CorporateSMEsRetailPrivateFinancial Inst.Public Inst.
Portfolio breakdown by segment and currency
Loans LC Deposits LC
Loans FC Deposits FC
25
74%
12%
12%2%
71%
13%
14%2%
Dec-19
Mar-20
16%
15%
19%21%
27%
16%
15%
2%
20%
21%
26%
Dec-19
Mar-20
87%
12%
87%
12%
0,2%
0,3%
Dec-19
Mar-20
27%
12%
4%9%
39%
9% 30%
12%
3%9%
39%
7%
Dec-19
Mar-20
Large Corporate
SMEs
Financial Inst.
Retail
Private
Public Inst.
Tier I & Tier II Capital
* US$ mm
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
Evolution TIER l
Evolution TIER ll
26
257,22 287,30 286,52 220,52 237,91
13,82%14,63% 13,64%
12,70%13,48%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Minimum Required 8% (---)
Equity* TIER I
257,22 287,30 286,52 220,52 237,91
17,32% 17,70%15,99%
12,11%14,10%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Minimum Required 12% (---)
Equity* TIER II
Proper management of the portfolio
* US$ mm
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
General Loan Loss Reserves as % of NPL Real Collaterals as % of total loans
27
NPL
117,16%
120,73%
146,01%
339,81%
196,61%
120,38%
127,41%
126,71% 138,24% 120,83%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
Regional Banking Sector
53,53%
48,79%47,01%
45,50%47,16%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
2,18% 2,17%1,47% 1,52%
2,80%
2,80% 2,67%2,38% 2,45%
3,02%
Dec-16 Dec-17 Dec-18 Dec-19 Mar-20
% NPL Banco Regional % NPL (banking sector)
Efficiency ratio
50,06% 50,57%
49,46%46,42% 46,82%
48,17%46,31%
51,53%
55,81%
49,18% 49,01%54,16%
Dec-16 Dec-17 Dec-18 Nov-19 Dec-19 Mar-20
Banking Sector BR
Regional's Liquidity
Management
28
mar.-20298.872
-
50.000
100.000
150.000
200.000
250.000
300.000
350.000Required LCR LCR
20298.872
201.305.374
mar.-201.305.374
-
500.000
1.000.000
1.500.000
2.000.000
2.500.000Required LCR LCR
A solid structure of Funding
*FDA: Financial Development Agency (AFD)29
Gs. mm.
Evolution of Liquidity - Guaraníes
Evolution of Liquidity - Dollars
Stucture of funding
Usd k.
LCR= Liquidity Coverage Ratio
LCR.USD
……… millions
Mar-20
370,6
70,87% 68,80%
0,70% 3,16%
17,19% 17,22%
5,18% 4,86%
6,01% 5,96%
Mar-19 Mar-20
Local Loans (FDA*)
Other Liabilities
Foreign Loans
Subordinated and Financial Bonds
Deposits
External funding sources from renowned institutions
Correspondent Banks Multilateral Organizations
30
Purpose
Credit Lines Foreign loans
15%
1%3%
1%
29%
51%
Loans to agriculture and
agribusiness
Loans to SME's, women and
energy
Loans to agriculture, SME's and
portfolio growth
Loans to SME's
Portfolio Growth
Loans to SME's and women
75%
4%
14%
7%Trade Finance
Trade Finance con Europa
Trade Finance y Working Capital
Working Capital
Regional's
Corporate Governance
31
61,60%38,40%61,37%38,63%
Strong support from main shareholderRabobank’s ownership of Banco Regional has the following contributions:
Our strategic alliance with Rabobank implies:
1. Long-term partnership.
2. Two Board Members appointed by Rabobank.
3. Risk Manager appointed by Rabobank.
4. To appoint certain of our senior officers and to veto the appointment and/or removal of our Chief Executive
Officer and Chief Comptroller.
4. Rabo International Advisory Services (RIAS) provides technical assistance.
5. On the job training and study tours to several entities of the Rabobank Group.
Capital Stock Quantity of Votes
RabobankRabobank
Local
shareholdersLocal
shareholders
32
Corporate
Treasurer
Nelson Daniel Cibils
Highly experienced and strong management team
CEO
Eugenio Oze de Morvil
CFO
Oscar Godoy
21
5
10
Years with Banco Regional
23
23
24
Years in the financial sector
Correspondent
Banking & Foreign
Trade Manager
Rafaela Oleinik
General Counsel
Marcos Dalla Fontana
Head of Internal
Audit
(Chief Comptroller)
Juan Carlos Meza
Compliance
Manager
Antonio Gimenez
19
24
21
21
28
20
26
22Financial
Restructuring &
Recovery Manager
Mats Hernegard
Operational Risk
and Data Quality
Manager
Erika Werner
Large Corporate
Risk Manager
Jorge Sienkawiec
Retail, SME and
Medium Corporate
Risk Manager
Ricardo Nowosad
27
23
22
19
23
27
19
26
Organizational
Development
Manager
Bettina Agüero
Branches and
Business
Development Manager
Cynthia Sotelo
Corporate
Banking
Manager
Walter Duarte
Private Banking
Manager
Anahi Heisecke
23
3
27 16
20
23
2527
Operational
Manager
Diana Lafeld
19
19
IT
Manager
Georgina Baumgarten
26
28
33
Head of
Information Security
Adriana Paniagua
18
18 Risk
Manager
Daniel Van Det
0.2
20
Organigram Asamblea de
Accionistas
EXAMINERS
Deputy CEO
SECRETARY
Leticia Perez
CEO
Eugenio Oze de Morvil
Management
Committee
EXECUTIVE
CHAIRMAN
Raul Vera Bogado
Branches & Business Develop
mentManager
Cynthia Sotelo
ChiefFinancial
Oficer
Oscar Godoy
Large
Corporate
Risk
Manager
Jorge
Sienkawiec
Legal
Service
Manager
Marcos
Dalla
Fontana
Organizatio
nal Develop
ment
Manager
Bettina
Agüero
Internal
Audit
Manager
Antonio
Gimenez
Complian
ce
Manager
Juan C.
Meza
Operational
Risk
Manager
Erica
Werner
Administrati
ve Manager
Fabio
Sitzmann
Private
Banking
Manager
Anahí
Heisecke
Corporate
Banking
Manager
Walter
Duarte
IT
Manager
Georgina
Baumgarten
Operational
Manager
Diana
Lafeld
FT &
Correspon
dent
Manager
Rafaela
Oleinik
BOARD OF
DIRECTORS
Treasury
Manager
Daniel
Cibils
Recoveries
& Risk
Models
Manager
Mats
Hernegard
Medium
Corp., Retail
& SME
Risk
Manager
Ricardo
Nowosad
34
Audit Committee
ALCO Committee
Compliance Committee
HR Committee
Risk Committee
IIT Committee
Credits Committee
Strategic Planning Committee
SHAREHOLDERS
ASSEMBLY
Strategic
Planning
and PMO
Risk
Manager
Daniel Van
Det
Commercial Actions
Committee
Head of
Information
Security
Adriana
Paniagua
Head of
Share
holders
Services
Audit Committee
4 Members (4 directors)
Human Resources Committee
6 Members (3 directors)
Compliance Committee
5 Members (3 directors)
Assets and Liabilities Committee
15 Members (3 directors)
IT Committee
13 Members (3 directors)
Credit Committee Level II
10 Members (2 directors)Ban
co R
egi
on
al C
om
mit
tee
s
Risks Committee
8 Members (3 directors)
Board of Directors and Trustees
Credit Committee Level III
11 Members (3 directors)
Strategic Management Committee
13 Members (3 directors)
Raúl Vera Bogado 26
Cornelis J. Beijer 30
Alfredo Raatz 20
Erik Heyl 37
Wolfgang Brönstrup 18
Years of experience
Financial Sector
Lourdes Müller Tischler 2
35
Roland Wolff 39
Irene Memmel de Matiauda 20
Daniel van Det 20
Francisco Yanagida 40
Adrian Lorenzutti 25
Mirian Raatz de Soley 10
Results
36
Results
US$ mm
37
Acum Acum.
Mar-19 Mar-20 2020
Net Interest Income 23,87 7,20 21,52
Other Incomes 8,80 2,58 9,25
Total Operating Expenses -19,05 -6,22 -18,15
Earnings Before Tax 13,61 3,56 12,62
Loan Loss Provisions -6,30 -3,39 -12,27
Income Tax -0,58 0,00 -0,02
Net Profits 6,73 0,16 0,33
Mar-20 6.563,00 ₲
Mar-19 6.181,37 ₲
Exchange Rate
*Other Incomes include: Charged fees, Gains from exchange operations, Extraordinary gains, Valuation Earnings (+) and adjustments of previous years
*Total Operating Expenses: Salaries, Administrative expenses, Depreciacions, Valuation Earnings (-) and Paid fees
Key Figures
38
Mar-19 Mar-20
NPL 1,40% 2,80%
General Loan Loss Reserves as % of NPL 155,08% 196,61%
Real Collaterals as % of total loans 46,37% 47,16%
ROE (Annualized) 11,04% 0,53%
ROA 1,06% 0,05%
Efficiency ratio 51,66% 54,16%
Income from services as % of HR Expenses 73,89% 72,78%
TIER I 13,16% 13,48%
TIER II 15,78% 14,10%
Return on ordinary shares 11,97% -2,57%
Return on preferred shares 12,00% 12,00%
LCR US$ mm 328,59 497,77
Total Loans as % of total Deposits 119,11% 115,24%
Asset
Quality
Profitability
& Efficiency
Capìtal
Shares
Liquidity
NPL = Non Performing LoansLCR= Liquidity Coverage Ratio
Composition of Capital
Strategic alliancewith Rabobank
T.C: 4.930 4.600 4.558 4.478 4.224 4.585 4.629 5.807 5.767 5 .590 5.961 6.453
* US$ mm
39
6.563,00
53,86
97,59 104,11 109,84
127,38 130,34
148,51 135,17
157,45
179,13 182,50 178,40 175,41
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 Mar-20
Ordinary Capital Preferred Capital
21,72%
78,28%
% Capitalizacion Dividendos Ordinarios
34,04%
15,28
19,2116,64
31,4433,41 32,86
29,09
36,41
40,93
34,65
20,04
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
Aditional Reserve acc. Note SB. SG. 470/2017Legal ReservesDistribution of Ordinary Dividends in cashDistribution of Preferred Dividends in cashCapitalization of Ordinary Dividends
22,40%
14,59%
28,97%
34,04%
Net Profits
T.C: 4.930 4.600 4.558 4.478 4.224 4.585 4.629 5.807 5.767 5.590 5.961
* US$ mm
% Capitalization
Ordinary dividends 70% 70% 100% 70% 91% 95% 93% 98% 70% 70% 70%
40
Thank you!