The document provides financial information for Paraná Banco for 3Q07, 3Q08, 9M07 and 9M08. It summarizes that the bank saw 44.3% growth in its credit portfolio from 3Q07 to 3Q08. Net income increased 28% from 9M07 to 9M08. The insurer subsidiary J. Malucelli Seguradora saw 33% growth in total written premiums from 3Q07 to 3Q08. Key metrics like return on equity and assets declined but remained healthy.

2. Disclaimer
The Financial Statements are presented on a consolidated basis for 3Q08 and 9M08
and on a “pro-forma” basis for 3Q07 and 9M07. They encompass the financial
statements of the Paraná Banco, its subsidiaries, the Credit Receivables
Investment Fund Paraná Banco I, the Credit Receivables Investment Fund Paraná
Banco II (“FIDCs”) and the insurer J. Malucelli Seguradora.
Paraná Banco held only a 45% stake in J. Malucelli Seguradora in 3Q07. The “pro-
forma” financial statements of this period refer to 100% of the Insurer. They were
prepared based on the accounting practices pursuant to Brazilian Corporate Law,
associated with the regulations and instructions issued by the National Monetary
Council (“CMN”), the Brazilian Central Bank (“BACEN”) and the Brazilian Securities
and Exchange Commission ("CVM").
The forward-looking information herein contained is subject to risk and
uncertainties and may be altered due to the following factors, among
others:market behavior, Brazil’s economic and political situation and legal and
regulatory changes.This information is fully based on the Bank's Management's
expectations of its future performance and is, on no account, a guarantee of
results.
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3. General Overview
PARANÁ BANCO
CREDIT INSURANCE
INDIVIDUAL
 Payroll-Deductible
 Payroll-Deductible Credit Card
 Consumer Credit
 Surety Bonds
CORPORATE
 Small and Medium-Sized
Credit Insurance
Enterprises
 Reinsurance
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4. Highlights
44.3% 28.0% 33.0%
Credit Portfolio Net income Total written premiums
3Q08 vs. 3Q07 9M08 vs. 9M07 JM Seguradora
3Q08 vs. 3Q07
SUSTAINABLE GROWTH AND PROFITABILITY
COUPLED WITH SAFETY AND SOUNDNESS
- 22.9 p.p. - 0.2 p.p. - 2.2 p.p.
Delinquency rate
Basel Index Claims ratio
9M08 vs. 9M07
9M08 vs. 9M07 9M08 vs. 9M07
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5. Distribution Channels
OWN STORES FRANCHISES
• Located in larger cities with higher • Strict control over operational and image-
demand and levels of competition related risks
• Also serve as branch-offices • A singular and innovative distribution channel
• Guarantee of exclusiveness
• Introduction of own teams
• Greater product mix
One new store was opened in in 96 franchises in operation and
3Q08: Belo Horizonte; 22 under development
4 store in operation
CALL CENTER BROKERS
• Great capillarity (reach) • Acquisition of debts • The segment’s most traditional channel
• No commissions • Refinancing
• Highly incremental model
• Portfolio protection • Marketing Campaigns
• User-friendly IT system: Brokers’ Portal
24 service sites make up the A network of 628 brokers
current structure nationwide
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6. Origination, Commissions and
Alternative Channels
Alternative Channels Evolution Payroll-Deductible Credit
Origination
41%
31% 848.046
30%
28%
10% 21%
7% 637.720
3%
9%
3Q06 4Q06 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08
Segmentation of Payroll-deductable Loan
33%
Origination
9M07 9M08
*Alternative channels include Franchises, Own stores and Call Center
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7. Assets and Net Worth
(R$ thousands)
Total Assets Net Worth
810
2160 2186
806
1792
1,2 % 0,5 %
781
22,0 % 3,7 %
3Q07 2Q08 3Q08 3Q07 2Q08 3Q08
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8. Loan Portfolio
The loan portfolio totalled R$ 1,467.1 million in 3Q08 with quality
improvements
Loan Portfolio Risk Portfolio
1467,1
1416,4
3Q07 3Q08
1016,5
3,6 %
44,3 %
3Q07 2Q08 3Q08
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9. Market Funding Operations (R$)
Total deposits Funding options
40%
1.065.326
69.239
760.884
47.344
996.087
713.540
3Q07 3Q08
Total Deposits
Proceeds from acceptances and issue of securities
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10. Summary of Financial Indicators
and Highlights
3Q07 x 3Q08 x 9M07 x
3Q07 3Q08 3Q08 2Q08 2Q08 9M07 9M08 9M08
Income from financial
operations 89,408 103,104 15.3% 98,483 4.69% 229,876 288,045 25.3%
Expenses from financial
operations 37,342 57,193 53.2% 35,918 59.23% 102,475 127,397 24.3%
Net income from financial
operations 52,066 45,911 -11.8% 62,565 -26.62% 127,401 160,648 26.1%
ROAE 19.00% 9.79% -9,21 p.p. 13.30% -3,54 p.p. 22.10% 11.47% -10,6 p.p.
ROAA 5.40% 3.56% -1,84 p.p. 5.16% -1,48 p.p. 8.10% 4.45% -3,65 p.p.
NIM 19.58% 12.38% -7.2 p.p. 16.20% -3,82 p.p. 16.65% 14.24% -2,41 p.p.
Credit portfolio expansion and greater middle market origination
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11. Operating Revenues
(Expenses)
3Q07 x 9M07 x
3Q07 3Q08 3Q08 9M07 9M08 9M08
Other operating income (expenses) (20,687.00) (20,080.00) -2.9% (70,175.00) (72,912.00) 3.9%
Personnel Expenses (5,205.00) (7,557.00) 45.2% (13,710.00) (19,958.00) 45.6%
(11.786) 9%
Administrative Expenses (28,885.00) (24,356.00) -15.7% (93,406.00) (96,440.00) 3.2%
Transactional taxes (4,558.00) (3,510.00) -23.0% (11,332.00) (11,968.00) 5.6%
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12. Surety Bonds
Surety Bond Market –yearly growth
Direct Premiums (R$ thousands) 346.224
324.059
205.368 194.664
164.550 167.642
134.749
98.639
77.946
50%
39%
42%
34% 30% 37%
27% 28% 24%
2000 2001 2002 2003 2004 2005 2006 2007 sep/08
J. Malucelli Seguradora Other Insurance Companies * Fonte: SUSEP
28% 24% 34% 30% 37% 42% 50%
27%
Undisputed leader of the surety
... has ROAE of 27.2% in
bond market, with a 39% market
9M08
share…
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13. Surety Bonds
76.155
50% Claims and Claims Ratio
40%
30%
38.273
35.787
32.542 33.856
20% 29.950
28.199
16.146
10% 10,4%
5.860 6.457
4.025
1,3% 2.372 1.688
0% 196 568 441 393 253
2000 2001 2002 2003 2004 2005 2006 2007 sep/08
2000 2001 2002 2003 2004 2005 2006 2007 sep/08
Market J. Malucelli Seguradora Insurance Claims Market Insurance Claims J. Malucelli Seg.
• Fonte: SUSEP
Claims ratio indicators show a Accurate risk appraisal is
healthy situation in relation to the evidenced by low claims
market ratio
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14. Reinsurance
• Reinsurance market was opened in May 2008
• Operations as a Local Reinsurer started in em June 2008
• Took advantage of the Market reserve
• 100% reinsurance of JM Seguradora’s premiums
In four months of operations (Jun/Set 2008),
J Malucelli Resseguradora achieved:
• R$ 44.7 million worth in written premiums
• R$ 2.8 million Net Income
• 12.2% ROAE
• International reinsurance
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15. Corporate Governance
• The Board of Directors approved on July 07, 2008 the end of the
share buy-back program and the write-off of the purchased shares
without a reduction in capital stock. A new program, whose deadline is
July 7, 2009, was then implemented.
• A Level 1 ADR program was authorized by the Board of Directors. It
has been approved by CVM and BACEN and started on August 19,
2008. 95,500 ADRs have been issued.
• The Board of Directors approved on September 30 the payment of
Interest on Equity in the amount of R$ 5.3 million, corresponding to
R$ 0.05 per share.
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16. Post-3Q08 Situation: Transparency
Healthy situation: high solvency rate; a cash reserve
corresponding to at least 20% of total time deposits; low
OUR LIQUIDITY
delinquency rates; top-quality, low-risk credit portfolio.
DEPOSITS Drop in the Inst. Investors share.
Lower origination due to prevailing market conditions and
CREDIT OPER. higher funding costs, priority will be given to credit
operations in agreements with better spreads.
Positive measures made access to credit lines easier and
BACEN
minimized the increase in funding costs.
Balance of external funding: US$ 60 million.
EXTERNAL
FUNDING, - US$ 20 million partially hedged – 50%
EXCHANGE AND
- US$ 5 million – No hedge
DERIVATIVES
- US$ 35 million: 100% swap at 115.75% of CDI
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17. SHARE PRICE EVOLUTION (basis 100)
20
40
60
80
100
120
0
PRBC4
Share Price
0
5000
10000
15000
20000
25000
DAILY VOLUME NEGOTIATED (R$ Thousands)
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18. IR Contacts
Cristiano Malucelli André Nacli
Administrative and Investor Relations Officer IR Analyst
Tel: (55v 41) 3351-9950 Tel: (55 41) 3351-9645
Ricardo Rosanova Garcia Mauricio N. G. Fanganiello
IR Manager IR Coordinator
Tel: (55 41) 3351-9812 Tel: (55 41) 3351-9765
e-mail: ri@paranabanco.com.br
IR Website: www.paranabanco.com.br/ri
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.
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