The Bank's financial statements are presented on a consolidated and
pro-forma basis, encompassing the financial statements of Paraná Banco, its
subsidiaries, the Credit Receivables Investment Funds Paraná Banco I, the
Credit Receivables Investment Fund Paraná Banco II (FIDCs) and the insurer
J. Malucelli Seguradora.
In the 1Q07, Paraná Banco retained only 15% ofJ.Malucelli Seguradora. The
pro-forma statements of this period include 100% of the insurer.
The statements were prepared based on the accounting practices pursuant
to Brazilian Corporate Law, and associated with the regulations and
instructions issued by the National Monetary Council (“CMN”), the Brazilian
Central Bank (“BACEN”) and the Brazilian Securities and Exchange
Niche Bank, focused on payroll-deductible and middle-market loans.
Focus on profitability and a low-risk customer base (civil servants, private-sector
employees and INSS social security system retirees and pensioners).
At the close of the 1Q08, the Bank had 700 payroll-deduction loan agreements (state and
Four sales channels: brokers, call center, franchises and own stores.
The Franchise Channel closed the quarter with 81 operational units spread through
several important regions of the country.
Paraná Banco concluded the acquisition of 100% of J. Malucelli Seguradora,
as outlined in the IPO Prospectus. The acquisition was ratified by SUSEP in April of this
Paraná Banco has filed a request with SUSEP seeking authorization to constitute Brazil’s
first private-sector reinsurance company, J. Malucelli Resseguradora S/A.
Total Originations Number of Agreements
• The segment’s most traditionalchannel • Control over operational and image-related risks
• Highly scalable model • Guaranteed exclusivity and long-term agreements
• Wide spectrum of agreements • Expansion of product mix
• User-friendly IT system: Brokers’ Portal
81 franchises in
Network of 568 operation and 21
brokers nationwide under development
• Extensive capillarity • Acquisition of debts
• Absence of commissions • Refinancing
• Portfolio defense • Marketing campaigns
Total Assets and Shareholders’ Equity
Total Assets Shreholders’ Equity
1Q07 4Q07 1Q08
The loan portfolio totaled R$ 1,310.09 million in the 1Q08
High Quality and Exceptional Stability
Alternative Channels vs. Commissions
on payroll-deductible loan originations
Evolution of Alternative Distribution 31%
% of Payroll
1Q06 2Q06 3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08
Evolution of Commissions on Loan Origination
1Q06 1Q07 1Q08
* Alternative channels comprise franchises, own stores and the call center
Rating Rating / Ranking Rating / Ranking Rating
brBBB+ 10,87 brA- A-
Low Credit Risk Low Risk – Medium Low Credit Risk Low Credit Risk
February 2008 April 2008 November 2007 March 2008
On October 19, 2007, the Board of Directors authorized a stock buy-
back program involving the purchase of up to 4,156,481 shares by
October 15, 2008.
Paraná Banco hired BANCO UBS PACTUAL S.A. as the market
maker for its preferred shares for a six-month period, automatically
renewable, in order to improve the shares’ liquidity.
Paraná Banco’s Fiscal Council was installed on March 14, 2008.
Luis César Miara André Nacli
CFO and Investor Relations Officer IR Analyst
Phone: (55 41) 3351-9961 Phone: (55 41) 3351-9645
Ricardo Rosanova Garcia Mauricio N. G. Fanganiello
IR Manager IR Coordinator
Phone: (55 41) 3351-9812 Phone: (55 41) 3351-9765
IR Website: www.paranabanco.com.br/ir
This presentation may include estimates and forward-looking statements. These estimates and forward-looking statements are to a large extent based on
current expectations and projections regarding future events and financial trends that affect or may come to affect our business. Many important factors
may adversely affect the results of Paraná Banco as described in our estimates and forward-looking statements. These factors include, but are not limited
to, the following: the Brazilian and international economic situation, fiscal, foreign-exchange and monetary policies, higher competition in the payroll-
deductible loan segment, the ability of Paraná Banco to obtain funding for its operations, and amendments to Central Bank regulations.
The words “believe”, “may”, “could”, “seek”, “estimate”, “continue”, “anticipate”, “plan”, “expect” and other similar words are intended to identify
estimates and projections. The considerations involving estimates and forward-looking statements include information related to results and projections,
strategies, competitive positioning, the industry environment, growth opportunities, the effects of future regulations, and the impact from competitors.
Said estimates and projections refer only to the date on which they were expressed, and we do not assume any obligation to publicly update or revise any of
these estimates arising from the occurrence of new information, future events, or any other factors. In view of the risks and uncertainties described above,
the estimates and forward-looking statements contained herein may not materialize. Given these limitations, shareholders and investors should not make
any decisions based on the estimates, projections and forward-looking statements contained herein.