Banco BI&P Results Presentation - 1st Quarter 2014

1. RESULTS PRESENTATION
1Q14

2. Disclaimer
This presentation may contain references and statements representing future expectations, plans
of growth and future strategies of BI&P. These references and statements are based on the Bank’s
assumptions and analysis and reflect the management’s beliefs, according to their experience, to
the economic environment, and to predictable market conditions.
As there may be various factors out of the Bank’s control, there may be significant differences
between the real results and the expectations and declarations herewith eventually anticipated.
Those risks and uncertainties include, but are not limited to, our ability to perceive the dimension of
the Brazilian and global economic aspect, banking development, financial market conditions, and
competitive, government and technological aspects that may influence both the operations of BI&P
as the market and its products.
Therefore, we recommend the reading of the documents and financial statements available at the
CVM website (www.cvm.gov.br) and at our Investor Relations page in the internet (www.bip.b.br/ir)
and the making of your own appraisal.
2

3. Highlights
3
 Expanded Credit Portfolio totaled R$3.9 billion, +1.5% in the quarter and +28.8% in twelve months.
 Loans rated between AA and B corresponded to 90% of the expanded credit portfolio, compared to 81%
in March 2013. Of the loans granted in the quarter, 99% were rated between AA and B, reflecting the
quality of the credit portfolio being built since April 2011.
 The Emerging companies and Corporate segments accounted for 43% and 56%, respectively, of the
expanded credit portfolio.
 The managerial expense with allowance for loan losses (ALL) annualized in 1Q14 was 1.10% of the
expanded credit portfolio (0.95% in 4Q13), in line with the conservative lending policy adopted by the
Bank. Additional allowance remained at R$23.7 million, not yet allocated.
 Funding totaled R$3.9 billion and Free Cash totaled R$743.2 million at the end of 1Q14, in line with the
strategy of loan portfolio growth.
 Income from services rendered and tariffs totaled R$12.9 million in the quarter, an increase of 29.7%
from the previous quarter and 94.1% from 1Q13.
 The quarterly Result was a loss of R$9.9 million, mainly due to the following: (i) the effect of
discontinuance of the designation of hedge accounting, adopted in 2Q12, of operations to protect the cash
flow, which continue to be protected by hedge operations, without any cash effect, and (ii) the fact that the
investments we made during the restructuring period have still not reached equilibrium point since, given
the conservative risk adopted by us, we have still not attained the required scale through growth of the
credit portfolio and income from services rendered.

4. 3,048 3,229 3,355
3,867 3,926
Mar 13 Jun 13 Sep 13* Dec 13 Mar 14
R$million
Loans and Financing in BRL Trade Finance
Guarantees Issued (L/G and L/C) Agricultural Bonds (CPR, CDA/WA. and CDCA)
Private Credit Bonds (Debentures)
Expanded Credit Portfolio
4
Growth of 29% in twelve months
* Including credits from Banco BI&P which were assigned to Banco Intercap in 3Q13.
** Other Credits include Non-Operating Asset Sales Financing, Consumer Credit Vehicles, and Acquired Loans.
Average Exposure per Client
R$ million
Dec 13 Mar 14
Corporate 9.2 10.5
Emerging Companies 3.0 2.9
52%
43%
47%
56%
1%
1%
Dec 13
Mar 14
Emerging Companies Corporate Other**

5. Expanded Credit Portfolio Development
5
...focusing on higher quality assets.
589
773
685
817 794
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
R$million
New Transactions
3,867 3,926
794(591)
(60) (84 )
Dec 13 Amortized
Credits
Credit
Exits
Write offs New
Operations
Mar 14
R$million
99% of the new transactions
in the last 12 months are
classified between AA and B.

6. Loans &
Financing in
BRL*
55%
Trade
Finance*
11%
BNDES
Onlendings
7%
Guarantees
Issued
5%
Agricultural
Bonds
19%
Private
Credit Bonds
2%
Other
1%
Mar 14
Expanded Credit Portfolio
6
* Starting from March 2014, export credit notes (NCE) and export notes (CCE) originated by Banco Intercap are included in Loans &
Financing in BRL, as well as NCE and CCE originated by Banco BI&P are classified.
Loans &
Financing in
BRL*
56%
Trade
Finance*
14%
BNDES
Onlendings
10%
Guarantees
Issued
6%
Agricultural
Bonds
12%
Private
Credit Bonds
1%
Other
1%
Mar 13
13%
10%
12%
29%
26%
26%
27%
24%
25%
31%
39%
36%
Mar 13
Dec 13
Mar 14
Client Concentration
Top 10 11 - 60 largest 61 - 160 largest Other
The reduction of concentration is one of
the results of the new credit policy
adopted since April 2011.

7. 10.6%
1.8%
1.8%
2.5%
2.8%
3.0%
3.1%
3.2%
3.3%
3.4%
3.9%
4.0%
4.0%
5.9%
6.5%
6.8%
7.3%
9.2%
17.1%
Other industries (less than 1.4%)
Raw Materials
Machinery and Equipments
Education
Power Generation & Distribution
Publishing and Advertising
Textile, Leather and Confection
Commerce - Retail & Wholesale
Pulp & Paper
Metal Industry
Chemical & Pharmaceutical
Infrastructure
Transport and Logistics
Automotive
Food & Beverage
Oil, Biofuel & Sugar
Livestock
Real Estate
Agriculture
March 2013
Expanded Credit Portfolio
7
Relevant exposure in agriculture
14.2%
1.9%
1.9%
2.1%
2.1%
2.7%
3.2%
3.9%
3.9%
3.9%
4.0%
5.0%
6.8%
8.7%
13.7%
22.3%
Other industries (less than 1.4%)
International Commerce
Raw Materials
Chemical & Pharmaceutical
Textile, Leather and Confection
Metal Industry
Commerce - Retail & Wholesale
Infrastructure
Transport and Logistics
Livestock
Power Generation & Distribution
Automotive
Food & Beverage
Oil, Biofuel & Sugar
Real Estate
Agriculture
March 2014

8. 6.6
8.8
10.3 9.9
12.9
1Q13 2Q13 3Q13 4Q13 1Q14
R$million
Income from services rendered and Tariffs
NIM and Fees Revenue
8
5.42%
3.20%
5.60% 4.96%
3.23%
4.05% 4.06% 4.08% 3.99% 3.94%
1Q13 2Q13 3Q13 4Q13 1Q14
Net Interest Margin (NIM)
Adjusted NIM* Managerial NIM with Clients **
* NIM without effects of discontinuance of designation of hedge accounting and discounts.
** Includes revenues from agro bonds (CPR).

9. * New Credit Policy: adopted since April 2011.
Expanded Credit Portfolio Quality
9
99% of loans granted in the quarter were rated from AA to B
Credits rated between D and H totaled R$271,1
million at the end of 1Q14:
 R$192.9 million (71% of the expanded credit
portfolio between D-H) in normal payment
course,
 Only R$78.3 million overdue +60 days.1%
3%
2%
48%
51%
52%
31%
33%
35%
11%
4%
3%
7%
9%
7%
Mar 13
Dec 13
Mar 14
AA A B C D - H
89.8%
87.1%
81.3%
AA
2%
AA
2%
AA
5%
A
52%
A
58%
A
8%
B
35%
B
36% B
26%
C
3%
C
2%
C
15%D - H
7%
D - H
2%
D - H
45%
New Credit Policy* Clients
Expanded Loan Portfolio
Previous Credit Policy Clients
Expanded Loan Portfolio
1Q14

10. Credit Portfolio Quality
1.13%
0.75%
0.95%
1.10%
Jun 13 Sep 13 Dec 13 Mar 14
Managerial ALL Expense 1
1 Managerial Expense with Allowance for Loan Losses (ALL) = ALL expenses + Discounts granted upon settlement of loans – Revenues
from recovery of loans written off. | * New Credit Policy: adopted since April 2011.
8.5% 8.2%
12.4%
8.1%
15.0%
2.2% 2.1% 2.6% 1.9% 2.6%
0.4% 0.5% 0.6% 0.3% 0.4%
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
NPL 90 days / Credit Portfolio
Clients Previous Credit Policy Total
Clients New Credit Policy*
9.4%
10.6%
14.0%
10.3%
15.2%
2.3% 2.6% 2.9% 2.3% 2.6%
0.4% 0.5% 0.6% 0.3% 0.5%
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
NPL 60 days / Credit Portfolio
Clients Previous Credit Policy Total
Clients New Credit Policy*
Managerial ALL Expense1 in 1Q14,
annualized, was 1.10% of the
Expanded Credit Portfolio
10

11. Time
Deposits
(CDB)
26%
DPGE I
29%
LCA
15%
LF & LCI
2%Interbank &
Demand
Deposits
5%
Onlendings
10%
Foreign
Borrowings
13%
Mar 13
3,170 3,142 3,082
3,893 3,930
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
R$million
In Local Currency in Foreign Currency
Funding
11
Product mix helps with cost reduction
Time
Deposits
(CDB)
21%
DPGE I
26%
DPGE II
7%
LCA
25%
LF & LCI
4%
Interbank &
Demand
Deposits
1%
Onlendings
7%
Foreign
Borrowings
9%
Mar 14
LCA and LCI account for
28% of funding volume
Agribusiness letters of credit, Real estate letters of credit and Bank notes are represented, respectively, by LCA, LCI and LF.
Insured time deposits are represented by DPGE. DPGE I and II are two types of DPGE and differ in cost and framework.

12. Profitability
12
The quarterly result was mainly due to:
• the effect of discontinuance of the designation of hedge accounting, adopted in 2Q12, of operations to protect the
cash flow, which continue to be protected by hedge operations, without any cash effect, and
• the fact that the investments we made during the restructuring period have still not reached equilibrium point since,
given the conservative risk adopted by us, we have still not attained the required scale through growth of the credit
portfolio and income from services rendered.
2.0
1Q13 2Q13 3Q13 4Q13 1Q14
R$million
Net Result
-9.9
-20.6
-10.0
-91.4

13. 498.4
569.6 574.5
674.2 667.1
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
R$million
Shareholders’ Equity
14.2% 14.6% 14.5% 14.8% 13.7%
Mar 13 Jun 13 Sep 13 Dec 13 Mar 14
Basel Index (Tier I)
6.1x 5.7x 5.7x 5.7x 5.9x
Mar 13 jun/13 Sep 13 Dec 13 Mar 14
Leverage
Expanded Credit Portfolio / Equity
Capital Structure and Ratings
13
Agency Rating
Last
Report
Standard
& Poor’s
Global: BB-/Stable/ B
National: brA/Stable/brA-2
Apr 14
Moody’s
Global: Ba3/Negative/Not Prime
National: A2.br/Negative/BR-1
Jul 13
Fitch
Ratings
National: BBB/Stable/F3 Sep 13
RiskBank
Index: 9,65
Low Risk Short Term
Apr 14