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