This document provides an overview of BancoPINE, a Brazilian bank specialized in financial services for companies. It discusses BancoPINE's history, strategies, and financial results. The bank was founded in 1997 and has grown through opportunistic expansion into new business segments. It focuses on providing complete banking services to upper middle and large corporate clients. BancoPINE aims to continue growing its loan portfolio in a prudent manner through cross-selling additional products and pursuing new business opportunities in underserved market segments.
2009 Investors' Meeting Presentation - São PauloKianne Paganini
This document provides an overview of BancoPINE, a Brazilian bank specialized in financial services for companies. It discusses BancoPINE's history, strategies for growth, and financial performance. The bank was founded in 1997 and has pursued expansion opportunities through loans to large corporations while exiting less profitable consumer lending. It maintains a focus on relationship banking through specialized services and agile credit processes. The document also reviews BancoPINE's organizational structure, products, clients, and financial results in the context of Brazil's changing macroeconomic conditions.
This document provides an overview of Banco Pine, a mid-sized Brazilian bank specialized in corporate banking. It discusses Banco Pine's history and strategic shift away from payroll loans toward corporate banking. It also summarizes the bank's financial performance, organizational structure, credit approval processes, and strategies for pursuing new business opportunities and product cross-selling in response to Brazil's changing macroeconomic conditions and competitive banking industry landscape.
2009 Investors' Meeting Presentation - Rio de JaneiroKianne Paganini
Banco PINE is a private Brazilian bank focused on providing services to corporate clients. It was founded in 1997 and has grown organically and through an IPO in 2007. The bank is focused on leaving the payroll loan segment and expanding in corporate loans, offering agile and customized services. It serves companies in various economic sectors with annual revenues over $150 million. The bank aims to grow its portfolio cautiously through cross-selling opportunities while navigating interest rate reductions and industry consolidation in the new macroeconomic scenario in Brazil.
This presentation summarizes the Bank's financial performance for the first quarter of 2015. Key highlights include:
- Net income of $28.8 million, up 23% year-over-year due to higher net interest income and lower operating expenses.
- Net interest margin of 1.84%, up 5 basis points year-over-year from higher loan balances and lower funding costs.
- Commercial portfolio balances of $7.1 billion, up 7% year-over-year, though down 1% quarter-over-quarter.
- Non-accrual portfolio increased to $20.8 million with additional specific reserves of $1.6 million.
- Operating expenses decreased 3% year-
- The bank reported business net income of $78.0 million for 9M15, a 7% increase over the same period last year, driven by a 5% increase in net interest income from higher loan balances.
- Net income was $82.7 million for 9M15, a 17% increase over 9M14, which includes non-core income from participation in investment funds.
- Asset quality remains strong, with non-accrual loans representing only 0.31% of the total loan portfolio and reserves covering non-accrual loans 4.5 times.
Bladex is a trade finance bank focused on Latin America that has operated since 1979. It has a unique shareholding structure of 23 Latin American governments. The presentation discusses Bladex's business model, which focuses on trade finance throughout the trade value chain in Latin America. It also covers Bladex's financial performance, liquidity management, portfolio management, and growth opportunities. Bladex aims to provide financial solutions and support regional economic integration in Latin America.
- The bank reported a 2% year-over-year decrease in net income for Q2 2015 to $20.2 million, driven by higher credit provisions and lower fees. Net income for the first six months of 2015 increased 11% to $49.1 million.
- Net interest income grew 7% for the first six months due to a 6% increase in average loan balances. However, net interest margin declined slightly to 1.79% for Q2 2015 due to pressure on lending margins.
- The commercial loan portfolio balance increased 7% year-over-year to $7.4 billion as of the end of Q2 2015. Credit quality remained strong with non-accruing loans at
Banc abc botswana pillar iii disclosures final consolidatedMarius Nel
This document provides a summary of BancABC Botswana's risk management policies and processes. It discusses the bank's enterprise risk management framework and governance structure. It also outlines the bank's risk appetite and risk mitigation strategies for key risks like capital/solvency risk, credit risk, and liquidity and funding risk. The bank aims to maintain strong capital levels, carefully manage credit origination and concentrations, and ensure sufficient liquidity through diversified funding sources.
2009 Investors' Meeting Presentation - São PauloKianne Paganini
This document provides an overview of BancoPINE, a Brazilian bank specialized in financial services for companies. It discusses BancoPINE's history, strategies for growth, and financial performance. The bank was founded in 1997 and has pursued expansion opportunities through loans to large corporations while exiting less profitable consumer lending. It maintains a focus on relationship banking through specialized services and agile credit processes. The document also reviews BancoPINE's organizational structure, products, clients, and financial results in the context of Brazil's changing macroeconomic conditions.
This document provides an overview of Banco Pine, a mid-sized Brazilian bank specialized in corporate banking. It discusses Banco Pine's history and strategic shift away from payroll loans toward corporate banking. It also summarizes the bank's financial performance, organizational structure, credit approval processes, and strategies for pursuing new business opportunities and product cross-selling in response to Brazil's changing macroeconomic conditions and competitive banking industry landscape.
2009 Investors' Meeting Presentation - Rio de JaneiroKianne Paganini
Banco PINE is a private Brazilian bank focused on providing services to corporate clients. It was founded in 1997 and has grown organically and through an IPO in 2007. The bank is focused on leaving the payroll loan segment and expanding in corporate loans, offering agile and customized services. It serves companies in various economic sectors with annual revenues over $150 million. The bank aims to grow its portfolio cautiously through cross-selling opportunities while navigating interest rate reductions and industry consolidation in the new macroeconomic scenario in Brazil.
This presentation summarizes the Bank's financial performance for the first quarter of 2015. Key highlights include:
- Net income of $28.8 million, up 23% year-over-year due to higher net interest income and lower operating expenses.
- Net interest margin of 1.84%, up 5 basis points year-over-year from higher loan balances and lower funding costs.
- Commercial portfolio balances of $7.1 billion, up 7% year-over-year, though down 1% quarter-over-quarter.
- Non-accrual portfolio increased to $20.8 million with additional specific reserves of $1.6 million.
- Operating expenses decreased 3% year-
- The bank reported business net income of $78.0 million for 9M15, a 7% increase over the same period last year, driven by a 5% increase in net interest income from higher loan balances.
- Net income was $82.7 million for 9M15, a 17% increase over 9M14, which includes non-core income from participation in investment funds.
- Asset quality remains strong, with non-accrual loans representing only 0.31% of the total loan portfolio and reserves covering non-accrual loans 4.5 times.
Bladex is a trade finance bank focused on Latin America that has operated since 1979. It has a unique shareholding structure of 23 Latin American governments. The presentation discusses Bladex's business model, which focuses on trade finance throughout the trade value chain in Latin America. It also covers Bladex's financial performance, liquidity management, portfolio management, and growth opportunities. Bladex aims to provide financial solutions and support regional economic integration in Latin America.
- The bank reported a 2% year-over-year decrease in net income for Q2 2015 to $20.2 million, driven by higher credit provisions and lower fees. Net income for the first six months of 2015 increased 11% to $49.1 million.
- Net interest income grew 7% for the first six months due to a 6% increase in average loan balances. However, net interest margin declined slightly to 1.79% for Q2 2015 due to pressure on lending margins.
- The commercial loan portfolio balance increased 7% year-over-year to $7.4 billion as of the end of Q2 2015. Credit quality remained strong with non-accruing loans at
Banc abc botswana pillar iii disclosures final consolidatedMarius Nel
This document provides a summary of BancABC Botswana's risk management policies and processes. It discusses the bank's enterprise risk management framework and governance structure. It also outlines the bank's risk appetite and risk mitigation strategies for key risks like capital/solvency risk, credit risk, and liquidity and funding risk. The bank aims to maintain strong capital levels, carefully manage credit origination and concentrations, and ensure sufficient liquidity through diversified funding sources.
The document summarizes Banco Latinoamericano de Comercio Exterior, S.A.'s (Bladex) unaudited financial results for the year ended December 31, 2015. Key highlights include:
- Net income increased 2% year-over-year to $104 million, driven by higher revenues and lower expenses partially offset by higher credit loss provisions.
- Business net income, which excludes non-core gains/losses, was flat at $99 million year-over-year.
- The commercial loan portfolio grew 3% to $7.2 billion, with growth focused in Central America and the Caribbean.
- Credit quality remained strong with non-performing loans covered
10th annual best of uncovered 2015, singular research (los angeles, californi...Bladex
This presentation provides an overview of Bladex, a Latin American trade finance bank. Some key points:
- Bladex has over 35 years of experience in trade finance and is rated investment grade by Moody's, Fitch, and S&P.
- It has a unique shareholder structure of 23 Latin American central banks and financial institutions.
- Bladex focuses on providing trade finance and related services to corporations and financial institutions across Latin America.
- It maintains a conservative risk profile and strong asset quality, with non-performing loans at just 0.06% of its commercial portfolio.
Sanjoy Sen - Lee Kuan Yew School of Public Policy - Talk on "How New Regulati...Sanjoy Sen
New banking regulations implemented since the 2008 global financial crisis are significantly shaping the future of the banking industry. The regulations focus on increasing capital buffers, improving liquidity, reforming corporate structures through ring-fencing, and enhancing customer protection. This regulatory shift has put pressure on bank profitability and forced changes to business models. Banks must now proactively seek strategic advantages through efficient compliance, developing customer-centric cultures, and optimizing business operations in the new regulatory environment.
The analyst briefing document provides an overview of Alliance Financial Group's performance for the first nine months of fiscal year 2014:
26.7
25
80%
20
60%
15
40%
10
20%
5
0%
0
9MFY10
9MFY11
9MFY12
9MFY13
9MFY14 vs 9MFY13
+ RM3.6 bil
+ 13.2%
9MFY14
- Net loans grew 13.2% year-over-year to RM30.3 billion, driven by consumer lending
Banco PINE is a Brazilian bank that specializes in providing financial services to corporate clients. It has a history dating back to 1997 and focuses on companies with annual revenues between $150 million to $1 billion. The document discusses Banco PINE's performance during the financial crisis, strategies for future growth through increased cross-selling opportunities and loan portfolio expansion, and its positioning in the Brazilian corporate banking market.
This presentation summarizes the bank's 1Q18 earnings results. Key highlights include:
- Loan balances increased 2% quarter-over-quarter and 5% year-over-year.
- Net interest margin declined to 1.68% due to lower lending spreads on short-term loans.
- No new non-performing loans were reported in 1Q18 and credit quality remained stable.
- Operating expenses increased due to annual variable compensation paid out in the first quarter.
The document reports on the bank's 2Q16 earnings results. It discusses solid business performance in a challenging quarter, with total quarterly credit disbursements up and stable net margins. However, net profit decreased QoQ due to higher credit provisions to address isolated restructuring cases and recovery efforts. Asset quality remains strong and the syndications platform executed five new deals in Q2. The outlook for the remainder of the year is positive with economic stabilization and projected portfolio growth of around 3% for 2016 and stable net interest margin of around 2%. Key financial metrics such as earnings per share, return on equity and assets, efficiency ratio and capital ratios are reported.
The bank reported financial results for the first quarter of 2016, with business profit increasing 11% quarter-over-quarter and 2% year-over-year. Net profit increased 1% quarter-over-quarter but decreased 22% year-over-year due to negative non-core results from investment funds. Higher interest rates increased net interest income and margins. Credit quality remained stable with non-performing loans at 0.43% and allowance coverage of 3.4 times non-performing loans. Operating expenses decreased while efficiency ratios improved. Return on equity decreased from prior periods due to non-core investment fund results.
The document discusses forward-looking statements that STRH Unconference makes regarding future levels of economic activity, loan growth, deposit trends, credit quality trends, and other projections. It notes that actual results and performance could differ materially from forward-looking statements. The document also includes a disclaimer that STRH undertakes no obligation to update or revise any forward-looking statements.
Financial institutions face implementation of a new accounting requirement that was issued in June of 216 by the Financial Accounting Standards Board (FASB), Financial Instruments – Credit Losses (Topic 326) commonly referred to as “CECL.” This new standard will become effective in 2020 for SEC filers and 2021 for all other entities – but compliance requires significant review and potential change in many aspects of governance, risk management, credit models and other aspects of operations, so banks must prepare well before the implementation date to be ready by then. CECL, or current expected credit losses, represents a major change in how banks will be expected to estimate losses in the allowance for loan and lease losses (ALLL). This presentation, provided at a Kansas Bankers Association meeting in November 2016, gives an overview of CECL and how to prepare for compliance with it.
2011 Investors' Meeting Presentation - São PauloKianne Paganini
PINE is a Brazilian bank that specializes in providing financial solutions to medium and large companies. It has a diversified product portfolio including corporate credit, hedging instruments, and investment banking services. PINE focuses on long-term client relationships and tailored solutions. It has a solid capital base and experienced team. Financial results have been improving with growth in the credit portfolio and diversification of revenues and funding sources.
Bladex is a leading trade finance bank focused on Latin America. It provides integrated financial solutions across Latin America's foreign trade value chain. Bladex has a unique shareholder structure consisting of 23 Latin American central banks and is the only Latin American bank rated investment grade. Bladex has a diversified portfolio across industries and countries in Latin America and focuses on trade finance and working capital loans with short maturities to manage risk. Bladex maintains a strong capital and liquidity position supported by diversified funding sources.
This document discusses non-performing assets (NPAs) in the Indian banking sector. It defines NPAs as loans where interest or principal payments are overdue by 90 days. NPAs hurt bank profitability, liquidity, and solvency. The growth of NPAs indicates inefficiencies in credit risk management. While NPAs pose a major challenge, banks must manage them to maintain a healthy banking environment. Quick identification, containment, and recovery of NPAs are essential, as is timely monitoring of loan accounts.
Investor presentation us$350 million bond issuance roadshowBladex
The document is an investor presentation by Bladex, a Latin American trade finance bank. It provides an overview of Bladex, including its history since 1979, financial highlights showing strong growth and asset quality, and investment highlights. Bladex has a unique shareholder structure as a Class A shareholder-owned bank representing Latin American countries. The presentation outlines Bladex's defined value proposition in trade finance and related products, experience in Latin America, and strategy to achieve sustainable growth through portfolio diversification.
Bladex's Investor Presentation 2 Q16 from Bladexycoronado0011
This presentation provides an overview of Bladex, a leading Latin American trade finance bank. Some key points:
- Bladex has over 35 years of success in Latin America and was the first Latin American bank listed on the NYSE.
- It has a unique shareholder structure of 23 Latin American central banks which provide substantial support.
- Bladex focuses on trade finance and working capital loans across various industries in Latin America. It aims to leverage its expertise in the region to support trade and economic growth.
- The bank has a goal of delivering consistent returns above its cost of capital through its core financial intermediation activities while also tapping additional income sources like syndications, structuring,
A13 paper - perfil business intelligence - business intelligence e a gestão...BIBrasil
O documento descreve uma solução de business intelligence proposta para um cliente de shopping centers. A solução envolveu a criação de uma plataforma para coleta de dados, processamento dos dados usando um cubo multidimensional e geração de relatórios para gestores com vários indicadores. O processo gerava relatórios diários com os indicadores calculados para auxiliar na gestão dos shopping centers.
The Plague of Justinian that occurred from 542-700 A.D. was a disease now known as bubonic plague that killed over 10,000 people in a single year after the death of Justinian and devastated the Byzantine Empire.
The document summarizes Banco Latinoamericano de Comercio Exterior, S.A.'s (Bladex) unaudited financial results for the year ended December 31, 2015. Key highlights include:
- Net income increased 2% year-over-year to $104 million, driven by higher revenues and lower expenses partially offset by higher credit loss provisions.
- Business net income, which excludes non-core gains/losses, was flat at $99 million year-over-year.
- The commercial loan portfolio grew 3% to $7.2 billion, with growth focused in Central America and the Caribbean.
- Credit quality remained strong with non-performing loans covered
10th annual best of uncovered 2015, singular research (los angeles, californi...Bladex
This presentation provides an overview of Bladex, a Latin American trade finance bank. Some key points:
- Bladex has over 35 years of experience in trade finance and is rated investment grade by Moody's, Fitch, and S&P.
- It has a unique shareholder structure of 23 Latin American central banks and financial institutions.
- Bladex focuses on providing trade finance and related services to corporations and financial institutions across Latin America.
- It maintains a conservative risk profile and strong asset quality, with non-performing loans at just 0.06% of its commercial portfolio.
Sanjoy Sen - Lee Kuan Yew School of Public Policy - Talk on "How New Regulati...Sanjoy Sen
New banking regulations implemented since the 2008 global financial crisis are significantly shaping the future of the banking industry. The regulations focus on increasing capital buffers, improving liquidity, reforming corporate structures through ring-fencing, and enhancing customer protection. This regulatory shift has put pressure on bank profitability and forced changes to business models. Banks must now proactively seek strategic advantages through efficient compliance, developing customer-centric cultures, and optimizing business operations in the new regulatory environment.
The analyst briefing document provides an overview of Alliance Financial Group's performance for the first nine months of fiscal year 2014:
26.7
25
80%
20
60%
15
40%
10
20%
5
0%
0
9MFY10
9MFY11
9MFY12
9MFY13
9MFY14 vs 9MFY13
+ RM3.6 bil
+ 13.2%
9MFY14
- Net loans grew 13.2% year-over-year to RM30.3 billion, driven by consumer lending
Banco PINE is a Brazilian bank that specializes in providing financial services to corporate clients. It has a history dating back to 1997 and focuses on companies with annual revenues between $150 million to $1 billion. The document discusses Banco PINE's performance during the financial crisis, strategies for future growth through increased cross-selling opportunities and loan portfolio expansion, and its positioning in the Brazilian corporate banking market.
This presentation summarizes the bank's 1Q18 earnings results. Key highlights include:
- Loan balances increased 2% quarter-over-quarter and 5% year-over-year.
- Net interest margin declined to 1.68% due to lower lending spreads on short-term loans.
- No new non-performing loans were reported in 1Q18 and credit quality remained stable.
- Operating expenses increased due to annual variable compensation paid out in the first quarter.
The document reports on the bank's 2Q16 earnings results. It discusses solid business performance in a challenging quarter, with total quarterly credit disbursements up and stable net margins. However, net profit decreased QoQ due to higher credit provisions to address isolated restructuring cases and recovery efforts. Asset quality remains strong and the syndications platform executed five new deals in Q2. The outlook for the remainder of the year is positive with economic stabilization and projected portfolio growth of around 3% for 2016 and stable net interest margin of around 2%. Key financial metrics such as earnings per share, return on equity and assets, efficiency ratio and capital ratios are reported.
The bank reported financial results for the first quarter of 2016, with business profit increasing 11% quarter-over-quarter and 2% year-over-year. Net profit increased 1% quarter-over-quarter but decreased 22% year-over-year due to negative non-core results from investment funds. Higher interest rates increased net interest income and margins. Credit quality remained stable with non-performing loans at 0.43% and allowance coverage of 3.4 times non-performing loans. Operating expenses decreased while efficiency ratios improved. Return on equity decreased from prior periods due to non-core investment fund results.
The document discusses forward-looking statements that STRH Unconference makes regarding future levels of economic activity, loan growth, deposit trends, credit quality trends, and other projections. It notes that actual results and performance could differ materially from forward-looking statements. The document also includes a disclaimer that STRH undertakes no obligation to update or revise any forward-looking statements.
Financial institutions face implementation of a new accounting requirement that was issued in June of 216 by the Financial Accounting Standards Board (FASB), Financial Instruments – Credit Losses (Topic 326) commonly referred to as “CECL.” This new standard will become effective in 2020 for SEC filers and 2021 for all other entities – but compliance requires significant review and potential change in many aspects of governance, risk management, credit models and other aspects of operations, so banks must prepare well before the implementation date to be ready by then. CECL, or current expected credit losses, represents a major change in how banks will be expected to estimate losses in the allowance for loan and lease losses (ALLL). This presentation, provided at a Kansas Bankers Association meeting in November 2016, gives an overview of CECL and how to prepare for compliance with it.
2011 Investors' Meeting Presentation - São PauloKianne Paganini
PINE is a Brazilian bank that specializes in providing financial solutions to medium and large companies. It has a diversified product portfolio including corporate credit, hedging instruments, and investment banking services. PINE focuses on long-term client relationships and tailored solutions. It has a solid capital base and experienced team. Financial results have been improving with growth in the credit portfolio and diversification of revenues and funding sources.
Bladex is a leading trade finance bank focused on Latin America. It provides integrated financial solutions across Latin America's foreign trade value chain. Bladex has a unique shareholder structure consisting of 23 Latin American central banks and is the only Latin American bank rated investment grade. Bladex has a diversified portfolio across industries and countries in Latin America and focuses on trade finance and working capital loans with short maturities to manage risk. Bladex maintains a strong capital and liquidity position supported by diversified funding sources.
This document discusses non-performing assets (NPAs) in the Indian banking sector. It defines NPAs as loans where interest or principal payments are overdue by 90 days. NPAs hurt bank profitability, liquidity, and solvency. The growth of NPAs indicates inefficiencies in credit risk management. While NPAs pose a major challenge, banks must manage them to maintain a healthy banking environment. Quick identification, containment, and recovery of NPAs are essential, as is timely monitoring of loan accounts.
Investor presentation us$350 million bond issuance roadshowBladex
The document is an investor presentation by Bladex, a Latin American trade finance bank. It provides an overview of Bladex, including its history since 1979, financial highlights showing strong growth and asset quality, and investment highlights. Bladex has a unique shareholder structure as a Class A shareholder-owned bank representing Latin American countries. The presentation outlines Bladex's defined value proposition in trade finance and related products, experience in Latin America, and strategy to achieve sustainable growth through portfolio diversification.
Bladex's Investor Presentation 2 Q16 from Bladexycoronado0011
This presentation provides an overview of Bladex, a leading Latin American trade finance bank. Some key points:
- Bladex has over 35 years of success in Latin America and was the first Latin American bank listed on the NYSE.
- It has a unique shareholder structure of 23 Latin American central banks which provide substantial support.
- Bladex focuses on trade finance and working capital loans across various industries in Latin America. It aims to leverage its expertise in the region to support trade and economic growth.
- The bank has a goal of delivering consistent returns above its cost of capital through its core financial intermediation activities while also tapping additional income sources like syndications, structuring,
A13 paper - perfil business intelligence - business intelligence e a gestão...BIBrasil
O documento descreve uma solução de business intelligence proposta para um cliente de shopping centers. A solução envolveu a criação de uma plataforma para coleta de dados, processamento dos dados usando um cubo multidimensional e geração de relatórios para gestores com vários indicadores. O processo gerava relatórios diários com os indicadores calculados para auxiliar na gestão dos shopping centers.
The Plague of Justinian that occurred from 542-700 A.D. was a disease now known as bubonic plague that killed over 10,000 people in a single year after the death of Justinian and devastated the Byzantine Empire.
Come unto me, says the Master's voice, calling the weak and heavy laden to find rest in Him. He offers hope, deliverance from sin, and abundant mercy to all who will heed His call to come, for He feels their pains and can lift the crushing weight of sin. All who answer His call will never regret it, while those who fail to come will eternally mourn.
The document provides basic information about the United States, including its total area in square miles and population figures from 2010. It lists the total area as approximately 3.8 million square miles and the population as around 308 million people at the time the document was created in August 2010.
Dans les bons plans autobiz, les Mercedes sont à l’honneur cette semaine, avec pas moins de 6 voitures dans notre top 10. Mais il y figure également une superbe Lotus Elise et une Peugeot RCZ.
Nous vous laissons juger par vous-même, rendez-vous à la semaine prochaine !
A11 paper - perfil business intelligence - business intelligence e a decisã...BIBrasil
O documento discute a importância da entrega correta de dados em dashboards e relatórios de business intelligence. Gestores levam em média 8 horas para tomar decisões com base nos dados, sendo 2 horas para entendê-los. É importante estruturar os dados de forma clara e precisa para quem os consome, respondendo "o que quero contar" e "para quem vou contar". Dashboards devem apresentar as informações de maneira ágil e eficiente.
Year 6 pupils at ESCOLA DAMIÀ MATEU in Llinars del Vallès, Spain created Christmas cards for their English partners in 2014. The cards contained messages wishing a happy Christmas and were likely exchanged as part of a student exchange program between the schools.
This document provides an institutional presentation for 3Q11. It includes sections on the macroeconomic context in Brazil, the history and profile of PINE bank, its business strategy focused on providing complete service to corporate clients, pillars of the strategy including a strong team and capital structure, recent rating upgrades, and highlights of financial results for 3Q11 showing improvements across key metrics.
Banco PINE is a Brazilian bank that focuses on providing financial services to companies with annual revenues over R$150 million. It has a history dating back to 1939 and focuses on relationship-driven and customized services. In the first quarter of 2010, Banco PINE maintained its solid position through agile management of risks during the economic crisis, with a continued focus on cross-selling opportunities to existing corporate clients.
PINE is a Brazilian bank that focuses on providing financial solutions to large corporate clients. In the 1st quarter of 2013, PINE continued its strategy of diversifying revenue across business lines, with contributions from corporate credit, treasury, FICC (fixed income, currencies and commodities), and investment banking. Key highlights included recurring results, a positive liquidity position, maintaining its ranking among the largest players in derivative transactions in Brazil, and a capital increase that improved capital ratios. Financial results were mostly in line with expectations, with loan portfolio and shareholders' equity growing while net interest margin, fees, and profitability declined slightly year-over-year.
- Banco PINE is a Brazilian bank focused on providing corporate financial services to companies with annual revenues over R$150 million. It offers credit, treasury, and investment products.
- The presentation discusses Banco PINE's history, business strategy of cross-selling multiple products, organizational structure, current performance, and future prospects. Key metrics like loans, deposits, and profitability increased in the most recent quarter and year.
- Banco PINE aims to sustain earnings growth by leveraging cross-selling opportunities within its existing corporate client base and maintaining its solid credit quality and adequate capital levels.
This document provides an institutional presentation for PINE for the 3rd quarter of 2013. It summarizes PINE's history and business lines including corporate credit, FICC (fixed income, currencies and commodities), and PINE Investimentos. It discusses PINE's focus on client relationships, competitive advantages, and recent rating upgrades from rating agencies recognizing PINE's performance and stability.
Banco PINE is a specialized Brazilian bank focused on providing financial services to corporations. It has a diverse range of credit, funding, treasury, and investment products. In the third quarter of 2010, Banco PINE saw improvements across key indicators such as a 9.8% increase in corporate loans, 10.2% growth in total funding, 20.7% rise in operating income, and 5.6% increase in net income, demonstrating consistent earnings growth. The document provides an overview of Banco PINE's history, business lines, organizational structure, capitalization, and financial highlights for the third quarter.
This document provides an overview and highlights of Pine Bank for the first quarter of 2016. It discusses Pine's profile and history as a specialized bank focused on providing financial solutions for corporate clients. It outlines Pine's business strategy, competitive landscape, and the three primary business lines of corporate credit, FICC (fixed income, currencies, and commodities), and Pine Investimentos. The document reviews Pine's financial highlights for 1Q16, including margins, expenses, earnings, and capital ratios. It also summarizes the performance and portfolio composition of each business line.
This document provides an overview of Pine bank, including its history, business strategy, competitive landscape, ratings upgrades, and first quarter 2014 highlights and financial results. Some key points include:
- Pine has specialized in providing financial solutions for large corporate clients in Brazil since 1997 and operates in corporate credit, fixed income, currency and commodities (FICC), and capital markets/advisory.
- The bank focuses on long-term client relationships and product penetration while maintaining a diversified revenue stream across business lines.
- Ratings agencies have affirmed or upgraded Pine's ratings in recent years due to its consistent financial performance, asset quality, and capitalization.
- First quarter 2014 results showed growth in lending volume and funding while
This presentation summarizes Banco Latinoamericano de Comercio Exterior's (Bladex) 4Q17 earnings results. Key highlights include:
- Net income of $20.6 million in 4Q17, up 1% quarter-over-quarter and 54% year-over-year. Full year 2017 net income was $82.0 million, down 6% from 2016.
- Return on average equity was 7.9% in 4Q17. Full year return on average equity was 8.0%.
- Non-performing loans declined 10% in 2017 due to successful restructurings and collections against existing reserves. Credit quality improved with the allowance for expected credit losses
The document discusses challenges with impairment reporting and building stakeholder confidence. It finds that over half of stakeholders surveyed do not believe the economic recovery has begun. There is uncertainty around impairment levels reported given the difficult economic environment. The real estate, banking, automotive and capital markets sectors are most likely to see further impairments. Improving impairment reporting transparency through better communication of assumptions and sensitivity analysis can help build stakeholder confidence.
This document provides an overview of PINE, a Brazilian bank that specializes in providing financial solutions for mid and large companies. It discusses PINE's history and organizational structure. The bank's business strategy focuses on product diversity, qualified human capital, efficient risk management, and agility. PINE offers a range of financial products across four primary business lines: corporate credit, sales desk, distribution, and PINE Investimentos. It aims to establish long-term relationships with clients and thoroughly understand their needs.
PINE is a Brazilian bank that specializes in providing financial solutions to mid and large companies. In 2Q11, PINE's corporate credit portfolio grew 7.9% to R$6.2 billion, with contributions from all business lines. PINE aims to offer a diverse range of financial products and personalized service through its origination network and expertise in credit, treasury, investment banking and asset management. Going forward, PINE is well positioned for continued growth due to its adequate capitalization, efficient funding structure, and experienced management team.
This document provides an institutional presentation for the 2nd quarter of 2013. It summarizes the history and profile of PINE, focusing on providing financial solutions for large clients. It outlines PINE's business strategy, competitive landscape, and focus on clients. It also describes PINE's corporate credit portfolio, FICC business, PINE Investimentos division, and recent rating upgrades. The presentation highlights PINE's consistent financial results and solid credit origination processes.
IE Essay to answer Question H. What do you believe are the greatest challenges facing the sector or industry you would like to specialize in at IE? What role do you hope to be able to play in this sector or industry in the medium term?
Pine is a Brazilian bank specialized in providing financial solutions to corporate clients. It has a long history dating back to 1939 and focuses on establishing long-term client relationships. It operates along three primary business lines: corporate credit, fixed income currencies and commodities trading, and capital markets and financial advisory services. Pine has maintained a solid credit portfolio and asset quality over its history and has diversified its business over time. It recently received rating reaffirmations from Fitch and S&P recognizing its stable financial metrics and strategic positioning.
This document provides an overview of Pine including its history, business lines, competitive landscape, and recent ratings upgrades. Pine has specialized in providing financial solutions for large clients in Brazil since 1997 and has three primary business lines: corporate credit, FICC (fixed income, currencies and commodities), and Pine Investimentos (capital markets and financial advisory). It focuses on long-term client relationships and customized solutions. Recent ratings upgrades by credit ratings agencies recognize Pine's consistent performance, funding diversification, sound asset quality and capitalization.
This document provides an overview of PINE, a Brazilian bank specialized in providing financial solutions to wholesale clients. It discusses PINE's history and business lines, including corporate credit, fixed income, currencies and commodities (FICC), capital markets, and financial advisory services. The summary highlights PINE's focus on long-term client relationships and customized solutions, its diversified revenue sources, solid financial fundamentals, and recent rating upgrades recognizing its profitability and funding diversification.
Pine Bank is a mid-sized Brazilian bank focused on establishing long-term client relationships through specialized and customized services. It has a loan portfolio of R$6.3 billion and shareholders' equity of R$915 million. The bank operates in major Brazilian cities through three primary business lines: corporate credit, financial instruments and commodities trading, and investment banking. It has a controlling shareholder who owns 68% of shares and maintains a level 2 corporate governance structure with two independent board members.
The document provides an overview of Pine bank including:
- Its history and focus on corporate clients since 1997
- Business lines in corporate credit, FICC (hedging instruments), and investment banking
- Strong credit approval process and long-term client relationships
- Strategic partnerships with DEG and PROPARCO which provide long-term financing
- Corporate governance structure with an entrepreneurial culture
First Commonwealth Financial Corp. is a regional bank headquartered in Pennsylvania with a market capitalization of $782 million. The analyst recommends holding the stock with a price target of $10, an upside of 8% from the current price. Key strengths are regional franchise growth through new branches and acquisitions, a strong dividend yield, and potential upside if interest rates rise further. Risks include exposure to the energy sector and potential slowing of growth.
The document is a 1Q17 institutional presentation that provides an overview of Pine including:
- History as a specialized corporate bank focused on credit and risk management products.
- Business lines of corporate credit, FICC (fixed income, currencies and commodities), and investment banking.
- Strong credit approval process and track record with clients.
- Strategic partnerships with DEG and PROPARCO that provide long-term funding.
- Commitment to corporate governance and social responsibility.
- Macroeconomic overview of Brazil including GDP growth, inflation and interest rates.
O documento fornece um resumo da estratégia de negócios e operações do Pine Bank. Apresenta seu perfil de clientes corporativos, sua história, estrutura organizacional, processos de crédito e produtos como crédito corporativo, mesa de clientes, investimentos e parcerias.
The document summarizes the 1Q17 earnings release of Pine Bank. Key highlights include:
- The bank maintained a strong liquidity position with cash of R$1.1 billion and a BIS capital ratio of 15.1%.
- The loan portfolio decreased slightly by 2.2% while funding decreased by a larger 9.1%.
- Net interest margin improved significantly to 3.4% in 1Q17 compared to 1% in 4Q16 and 2% in 1Q16.
- Revenue was diversified across business lines including corporate credit, fixed income, and financial advisory services.
- Asset quality remained stable with non-performing loans below 1% and loan loss reserves covering over 5
O documento resume os resultados do primeiro trimestre de 2017, destacando: 1) a carteira de crédito cresceu 0,3% e a captação total caiu 9,1%; 2) a margem financeira aumentou para 3,4%; 3) a mesa para clientes apresentou sólido desempenho com risco de crédito controlado.
This document provides an overview of Pine Bank including:
- A history of Pine Bank dating back to 1939 and its focus on corporate clients.
- An overview of Pine Bank's business lines including corporate credit, FICC (financial instruments), and Pine Investimentos (capital markets).
- A discussion of Pine Bank's strategy, competitive advantages, and corporate governance practices.
- Economic overviews including trends in GDP, inflation, interest rates, and government debt in Brazil.
O documento fornece um resumo da estratégia e operações do Pine Bank. Apresenta seu perfil de clientes corporativos, sua história desde 1939, estratégia de negócios focada em crédito corporativo, mesa para clientes e investimentos. Detalha também sua governança corporativa com conselho independente e estrutura organizacional dividida em três linhas de negócios.
The document is a presentation from Pine Bank covering their 4th quarter 2016 results. It includes sections on the bank's profile and history, business strategy, competitive landscape, focus on clients, business lines including corporate credit, FICC (fixed income, currency and commodities), and Pine Investimentos. It also discusses the bank's strategic partnerships, corporate governance, social responsibility efforts, and an economic overview. Pine is a specialized corporate bank that provides financial solutions to large and mid-sized companies in Brazil, with a focus on long-term client relationships and customized products.
This document provides an overview of Pine Bank, including its history, business strategy, competitive landscape, credit products, treasury services, and governance structure. The key points are:
1) Pine Bank specializes in providing financial solutions to corporate clients and has a long history in corporate banking dating back to 1939.
2) Its business strategy focuses on establishing long-term relationships with approximately 500 corporate groups through personalized service and customized products.
3) It faces limited competition as most large banks have reduced offerings for corporate clients while Pine remains fully dedicated to this segment.
O documento resume os resultados financeiros do 3T16, destacando:
1) Balanço líquido com caixa equivalente a R$1,8 bilhões e folga de capital de 15,8% no índice de Basileia.
2) Retração de 8% nas despesas de pessoal e administrativas no acumulado do ano.
3) Carteira de crédito encerrou em R$6,2 bilhões, com queda de 18,9% no trimestre e diversificação setorial.
O documento apresenta o perfil e história do Pine, destacando sua fundação em 1997 e foco em soluções financeiras para clientes corporativos. Detalha também sua estratégia de negócios, cenário competitivo, linhas de negócios, governança corporativa e resultados.
This document summarizes the 3Q16 earnings release of a Brazilian financial institution. Key highlights include a cash position of R$1.8 billion, a BIS capital ratio of 15.8%, a loan portfolio coverage ratio over 6%, an 8% reduction in expenses, and continued diversification of funding sources and loan portfolio sectors. Financial results showed declines in the loan portfolio, funding, and shareholders' equity compared to previous periods.
Este documento fornece um resumo institucional do Pine Bank. Apresenta seu perfil, história desde 1939, estratégia de negócios focada em crédito corporativo, mesa para clientes e investimentos. Detalha também sua governança corporativa, estrutura organizacional, comitês e parcerias estratégicas com DEG e PROPARCO.
Este documento fornece um resumo da apresentação institucional do Pine para o 2T16. Ele discute o perfil e história do Pine, sua estratégia de negócios focada em crédito corporativo, mesa para clientes e investimentos, além de governança corporativa e responsabilidade socioambiental.
The document is a 2Q16 institutional presentation for investors that covers the following topics:
1. Profile and history of Pine bank, which was founded in 1939 and focuses on corporate clients.
2. Business strategy of maintaining long-term client relationships and offering specialized, customized products across corporate credit, treasury, and investment banking.
3. Overview of 2Q16 financial results and macroeconomic environment in Brazil, which faces challenges of low GDP growth and high inflation and interest rates.
- The company reported a cash position of R$1.5 billion and a BIS capital ratio of 15.9% in the 2Q16 earnings release conference call.
- The loan portfolio decreased by 27.3% compared to the previous year due to significant increases in provisions. Expenses also decreased by 8% in the first half of the year from rigorous cost control.
- The portfolio is diversified across sectors such as sugar and ethanol (12%), energy (12%), and real estate (12%). Funding sources remain diversified including deposits, which accounted for 51% of total funding.
O documento resume os resultados do 2T16, destacando: 1) Balanço líquido com caixa equivalente a 52% dos depósitos a prazo; 2) Índice de Basileia de 15,9% e folga de capital; 3) Índice de cobertura em torno de 6% devido a provisões.
1) The document provides an overview of Pine bank, including its history, business lines, portfolio, and 1Q16 highlights and results.
2) Pine is specialized in providing financial solutions for corporate clients and has extensive knowledge of Brazil's corporate credit cycle, with business lines in corporate credit, FICC, and capital markets.
3) In 1Q16, Pine maintained a liquid balance sheet and excess capital while reducing personnel expenses, with highlights including a diversified loan portfolio and continued liability management.
O documento apresenta o perfil e história do Pine, destacando seu foco no atendimento a grandes clientes corporativos. Detalha também sua estratégia de negócios, com ênfase nas linhas de crédito corporativo, mesa para clientes e investimentos, e apresenta os principais resultados do primeiro trimestre de 2016, incluindo a redução de despesas e a manutenção de bons índices de capital e qualidade de ativos.
O documento apresenta o perfil e história de um banco brasileiro focado em grandes clientes corporativos. Detalha suas linhas de negócios, incluindo crédito corporativo, mesa de clientes e investimentos, além de resultados operacionais no primeiro trimestre de 2016.
O resumo da teleconferência de resultados do 1T16 é: A alavancagem do banco encontra-se em seu ponto de inflexão, com folga de capital e índice de cobertura em torno de 5%. As despesas administrativas caíram 14,9% mesmo em cenário inflacionário, enquanto a carteira de crédito tende à manutenção dos níveis atuais.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
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"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
2. 2/47
Profile
Banco PINE
History of Banco PINE
Macroeconomic Scenario
Strategies for the New Scenario
New Business Opportunities
Companies‟ Profile
Agility in Granting Credit
Companies - Credit Committee
Companies - Credit Systems
Organizational Structure
Strategies for the New Scenario
PINE Investimentos
Cross-Selling
3Q09 Results
Corporate Governance and Shares
Corporate Governance
Main Committees
Shares
Dividends
Social Responsibility
Ratings
Appendix
Agenda
3. 3/47
Profile
Banco PINE
History of Banco PINE
Macroeconomic Scenario
Strategies for the New Scenario
New Business Opportunities
Companies‟ Profile
Agility in Granting Credit
Companies - Credit Committee
Companies – Credit Systems
Organizational Structure
Strategies for the New Scenario
PINE Investimentos
Cross-Selling
3Q09 Results
Corporate Governance and Shares
Corporate Governance
Main Committees
Shares
Dividends
Social Responsibility
Ratings
Appendix
Agenda
5. 5/47
HIGHLIGHTS – SEPTEMBER 2009
Loan Portfolio: R$4,113 million
ROAE: 11.3%
BIS Ratio: 17.2%
Efficiency Ratio: 44.0%
Clients‟ annual revenues: 87% of the Bank‟s
loan portfolio comprise companies with
revenues of more than R$150 million, while
67% include companies with annual
revenues superior to R$500 million
Banco PINE
Banco PINE's DNA is providing services to Companies
PROFILE
Complete range of services for Companies
Diversified and sophisticated products
Cross-selling opportunities
Financial health based on a prudent strategy
Operating efficiency and good controlling tools
Highly qualified team in all Bank‟s departments
6. 6/47
1939 – Pinheiro Family founds its first bank in Brasil – Banco Central do Nordeste
1975 - Noberto Pinheiro becomes one of the contolling shareholder of Banco BMC
1997 - Noberto and Nelson Pinheiro sell their stake at BMC and found Banco PINE
2005 - Noberto Pinheiro becomes Banco PINE´s sole shareholder
2007 – Start up of Cayman branch
2007 - IPO
History of Banco PINE
Founded in 1997, Banco PINE has been showing a track of resilient development and full use of all
business opportunities
1997
Fundation of Banco
PINE
7. 7/47
History of Banco PINE
Growth history boosted by the IPO. Banco PINE was the first Brazilian mid-size bank to go public
1997
Foundation of Banco
PINE
2004
Opportunity
identified in the
payroll loan
segment
2007
IPO
2005
Noberto
Pinheiro
becomes Banco
PINE‟s sole
shareholder
782
1,324
2,077
4,325
dec/04 dec/05 dec/06 dec/07
Total Loan Portfolio (R$ Million)
108%
421
553
853
1,951
dec/04 dec/05 dec/06 dec/07
Deposits (R$ Million)
129%
83%
62% 58%
66%
17%
38% 42%
34%
dec/04 dec/05 dec/06 dec/07
Loan Portfolio Breakdown
Payroll
Corporate
20%
36%
23%
29%
2004 2005 2006 2007
ROAE
8. 8/47
History of Banco PINE
Strategic decision of leaving the payroll-loan business
2008
Expanded
focus on the
Corporate
segment
PAYROLL-LOAN
Reduced margins
Increased competition
Excessive regulation
Scale need
Lack of cross-selling opportunities
Excessive lengthening of maturities
Others
CORPORATE
100% focused on the Bank‟s core business
Agile, complete and customized services for
Companies
Cross-Selling: diversified and sophisticated
products
3,067
3,533 3,534
3,070
Mar/08 Jun/08 Sep/08 Dec/08
Corporate Loan Portfolio (R$ Million)
253
127
21 3
1Q08 2Q08 3Q08 4Q08
Payroll Origination (R$ Million)
1997
Foundation of Banco
PINE
2004
Opportunity
identified in the
payroll loan
segment
2007
IPO
2005
Noberto
Pinheiro
becomes Banco
PINE‟s sole
shareholder
9. 9/47
History of Banco PINE
Agile and specialized management to overcome the crisis
Banco PINE’s strengths for managing the crisis:
Discontinuity of the payroll-loan business – no dependency upon long-term
funding
Discontinuity of the vehicle financing „pilot project‟ in early 2008
Strict policy of matching assets and liabilities
Agility and efficiency in managing cash position
Focus on robust companies
Close relationship with clients
Ability in credit analyses, structuring and monitoring of collaterized
operations
Strong risk controls and conservative strategy with very low risk exposure
(VaR of 0.26% of Shareholder‟s Equity in December 2008)
Lack of leveraged derivatives
2008
Global
Financial
Crisis
1997
Foundation of Banco
PINE
2004
Opportunity
identified in the
payroll loan
segment
2007
IPO
2005
Noberto
Pinheiro
becomes Banco
PINE‟s sole
shareholder
2008
Expanded
focus on the
Corporate
segment
31%
37% 33%
40%
51%
45% 47%
Mar/08 Jun/08 Sep/08 Dec/08 Mar/09 Jun/09 Sep/09
Cash Position x Time Deposits
10. 10/47
Macroeconomic Scenario
Brazil: Main Economic Indicators - Banco Pine
ECONOMIC INDICATORS (basis scenario: 75% of probability) 2002 2003 2004 2005 2006 2007 2008 2009F 20102F011-15 (F)
Real GDP growth rate (%) 2.7% 1.1% 5.7% 3.2% 4.0% 5.4% 5.1% 0.2% 4.8% 4.7%
R$:US$ end of the period (nominal) 3.54 2.91 2.67 2.34 2.14 1.79 2.40 1.70 1.63 1.47
R$:US$ average (nominal) 2.99 3.06 2.92 2.44 2.18 1.95 1.84 1.99 1.79 1.54
BR inflation (IPC / IPCA) 12.5% 9.3% 7.6% 5.7% 3.1% 4.5% 5.9% 4.3% 4.7% 4.5%
BR inflation (IGP-M) 25.3% 8.7% 12.5% 1.3% 3.8% 7.7% 9.8% -1.5% 5.6% 6.5%
BR interest rate (Selic, end of the period) 25.0% 16.5% 17.8% 18.00% 13.25% 11.25% 13.75% 8.75% 11.75% 10.50%
BR interest rate (Selic, average) 19.5% 23.1% 16.4% 19.15% 15.06% 11.98% 12.54% 9.92% 10.23% 11.13%
Total external debt (US$bn) 196.0 200.0 185.0 154.0 156.0 166.0 170.0 169.9 174.5 188.0
Private(US$bn) 85.0 80.0 70.0 66.0 80.0 96.0 103.0 105.6 114.0 131.1
Public (US$bn) 111.0 120.0 115.0 88.0 76.0 70.0 67.0 64.3 60.5 56.8
External Reserves (US$bn) 38.0 49.0 53.0 54.0 86.0 180.0 207.0 250.0 322.0 502.0
Total external debt (% of reserves) 516% 408% 349% 285% 181% 92% 82% 68% 54% 37%
Private (% of reserves) 224% 163% 132% 122% 93% 53% 50% 42% 35% 26%
Public (% of reserves) 292% 245% 217% 163% 88% 39% 32% 26% 19% 11%
Commercial balance (US$bn) 13.2 24.8 33.8 44.8 46.2 40.0 25.0 33.0 21.5 15.0
Current Account (US$bn) -7.6 4.2 11.7 14.0 13.6 1.5 -35.0 -12.0 -25.0 -35.0
Current Account (% of GDP) -1.5% 0.8% 1.8% 1.6% 1.3% 0.1% -3.1% -1.2% -2.1% -2.6%
Primary Surplus (% of GDP) 3.5% 3.9% 4.2% 4.4% 3.9% 4.0% 4.3% 1.5% 2.0% 3.3%
Public sector net debt/GDP 55.5% 57.2% 51.8% 51.5% 45.0% 42.7% 37.0% 42.5% 39.0% 36.0%
Brazil Risk (bps, end of period) 1,439 463 383 311 194 221 450 200 150 80
Challenge for the new scenario: economic growth and interest rate below historic rates.
11. 11/47
Profile
Banco PINE
History of Banco PINE
Macroeconomic Scenario
Strategies for the New Scenario
New Business Opportunities
Companies‟ Profile
Agility in Granting Credit
Companies - Credit Committee
Companies – Credit Systems
Organizational Structure
Strategies for the New Scenario
PINE Investimentos
Cross-Selling
3Q09 Results
Corporate Governance and Shares
Corporate Governance
Main Committees
Shares
Dividends
Social Responsibility
Ratings
Appendix
Agenda
13. 13/47
New Business Opportunities
Banco PINE has the opportunity of getting into a segment poorly served in the local market,
expanding its operations
Large multiple banks
Wholesale
mid-size banks
Poorly served segment
Banco PINE: focused on corporate loan, offering
taylor-made sophisticated products with
transparency and agility.
Mid-size banks
Foreign banks
14. 14/47
Company‟s Profile
Strong penetration in the Upper Middle
and Low Corporate segments (annual
revenues)
Present in the main
economic Sectors
30%
35% 37%
22%
28%
30%
29%
20%
20%
19% 17% 13%
Mar-09 Jun-09 Sep-09
Up to R$ 150 million
R$ 150 to R$ 500
million
R$ 500 million to R$
1 billion
> R$ 1 billion
Sugar and
Ethanol
17%
Infrastructure
15%
Vehicles and
Autoparts
11%
Specialized
Services
7%
Energy
7%
Agriculture
6%
Construction
6%
Financial
Institutions
4%
Logistics
3%
Meat Processing
3%
Food
2%
Construction
and
Decoration
Material
2%
Metallurgy
1%
Other
16%
Banco PINE thoroughly understands the needs of its clients
15. 15/47
Agility in Granting Credit
72-hour process in average; credit analysis may be concluded within 1 business day in special cases
Reports on credit visits and loan
transactions structuring
Credit analysis, visits to
clients, data update,
interaction with internal
research team and issue of
opinion
Issue of opinion
Presentation of
proposals to the
Committee
Sales Officer
Credit Analyst
Platform and
Regional
Superintendents
Chief Credit Officer
and Credit Analysts
CREDIT COMMITTEE
16. 16/47
CREDIT COMMITTEE
Twice a week
Minimum quorum: 4 members
(attendance of CEO or Chairman is mandatory)
Members:
Chairman of the Board
CEO
Corporate Vice-President
Corporate Processing, Formalization and Legal
Vice President
Chief Credit Officer
The credit analysts present their research on the company and the transaction
The relationship department defend the credit proposal
Committee members present their opinions and votes
The last one to express their opinion and vote are the CEO or Chairman
Approval Model
Companies - Credit Committee
The approval must be unanimous
Participants:
Credit Analysts
Other members of the Corporate Commercial
17. 17/47
Information available on the systems:
Visits to clients
Revenue, Balance Sheet, Income Statement and other financial information
Company‟s debt information, provided by the Central Bank: type, institution, amounts, terms and amounts overdue
Restrictions (such as at Serasa, a consumer-credit rating service)
Recommendations from all parties involved (regional platform, superintendents, credit department, etc.)
Characteristics of transactions
Companies‟ import and export information, provided by Central Bank
Companies - Credit Systems
Advanced credit systems, with record keeping and regular updating
18. 18/47
Organizational Structure
Simple structure and flat hierarchy
Internal Auditors
Tikara Yoneya
CEO
Noberto N.
Pinheiro Junior
Board of Directors
Fiscal Council
Sidney Veneziani
Alcindo Itikawa
Peter Edward Wilson
External Auditors
Deloitte
Noberto Pinheiro
Chairman
Maurizio Mauro
Independent Member
Fernando Albino
External Member
Mailson da Nóbrega
Independent Member
Noberto Pinheiro Jr.
Vice-Chairman
Board of Directors
Credit
Gabriela Chiste*
Financial
Clive Botelho
Corporate
Commercial
Miguel
Genovese
Control
and Market/
Liquidity Risks
Susana Waldeck
Corporate
Operations
Ulisses
Alcantarilla
PINE
Investimentos
Rodrigo Boulos
As of September 30, 2009, Banco PINE had 245 employees
Operating Risk
& Compliance
*in process of election and ratification by the Central Bank of Brazil
19. 19/47
Strategies for the New Scenario
Criterious portfolio growth and Cross-Selling opportunities
Challenges for the New Scenario:
Interest rate reduction
Banking industry consolidation
Capital optimization:
Stronger leveraging
Cross-selling:
More products per client
Corporate
Loans
Loans
Overdraft accounts
Discounts
Compror/Vendor
Linked Collection
Foreign Exchange
/ Trade Finance
Exports
ACC/ACE
Letter of Credit
Documentary
Collection
Prepayment
Imports
Letter of Credit
Advance Payments
Documentary
Collection
Spot Foreign
Exchange
Foreign currency
loans and
investments
Loans (2,770)
Foreign Lending
Foreign
Investments
Onlending
FINAME
Automatic
Manufacturer
Agribusiness
Others
EXIM
Pre-shipping
Special Pre-shipping
Post-shipping
Automatic BNDES
FINEM
Guarantees
Bidding
Public tenders
Performance
Credit/Financial
Institutions
Treasury
Currencies
Interests
Commodities
Equities
Indexes
Macro Advisory
Investments
Local Currency
CDB/ RDB
Government Bonds
FIDC (Receivables
Investment Funds)
CDI (Interbank
Deposit
Certificate)
LCA (Agribusiness)
Credit Funds
Foreign Currency
CD -Certificate of
Deposit
Demand Deposit
Accounts
Eurobonds
Custody Account
Money Market
Accounts
Time Deposit
Private Equity
PINE
Investimentos
Financial Advisory
Strategic Advisory
Mergers &
Acquisitions
Underwriting and
Syndicated Loans
Private Equity
Credit Funds
20. 20/47
Third-parties Asset Management
Credit Funds
Private Equity Funds
Corporate Services
Mergers & Acquisitions
Financial Advisory
Credit Structuring
Syndicated Loans
PINE Investimentos
PINE Investimentos setup: creation of new values for clients and optimization of the Bank's capital
usage
Banco PINE’s current partnerships include:
Private Equity Fund in association with the American Global Emerging Market Fund (GEM)
Financial advisory services provided together with Pátria Investimentos
Exclusive credit funds in the amount of R$ 350 million
21. 21/47
Positioning of our business:
“More than selling products, our mission is to understand the needs of our
clients in order to provide solutions for their businesses,
strengthening the relationship”
Client Selection
Business Analysis
Visits Strategies
Sharing of Information
Visits
Information Analysis
Planning of actions
and executions
Offer to Client
Cross-selling
Strategy for creation of a cross-selling culture.
22. 22/47
Profile
Banco PINE
History of Banco PINE
Macroeconomic Scenario
Strategies for the New Scenario
New Business Opportunities
Companies‟ Profile
Agility in Granting Credit
Companies - Credit Committee
Companies – Credit Systems
Organizational Structure
Strategies for the New Scenario
PINE Investimentos
Cross-Selling
3Q09 Results
Corporate Governance and Shares
Corporate Governance
Main Committees
Shares
Dividends
Social Responsibility
Ratings
Appendix
Agenda
24. 24/47
Highlights
In light of the gradual improvement in the economic scenario, Banco PINE expanded its loan
portfolio and deposits.
17.1%
11.1%
11.3%
3Q08 2Q09 3Q09
ROAE
20 bps
-600 bps
1.0%
1.7%
1.3%
Sep-08 Jun-09 Sep-09
NON-PERFORMING LOANS
-40 bps
70 bps
47.1%
44.8%
44.0%
3Q08 2Q09 3Q09
EFFICIENCY RATIO
- 80 bps
- 230 bps
3,534
3,068
3,416
Sep-08 Jun-09 Sep-09
CORPORATE LOAN PORTFOLIO
(R$ Million)
-13.2% 11.3%
50,935
34,502
37,639
3Q08 2Q09 3Q09
OPERATING INCOME
(R$ Thousand)
9.1%
-32.3%
2,148
1,917
2,302
Sep-08 Jun-09 Sep-09
TOTAL DEPOSITS
(R$ Million)
-10.8% 20.1%
25. 25/47
Balance Sheet
On book loan portfolio increased 8.8% in the quarter
R$ million
Sep-09 Jun-09 Sep-08
Assets 7,200 6,275 4,741
Securities and derivative financial instruments 3,578 2,791 542
Lending operations 3,210 2,951 3,541
(-) Allowance for loan losses (105) (107) (71)
Net lending operations 3,105 2,844 3,470
Other 517 640 729
Liabilities 6,385 5,464 3,910
Deposits 2,201 1,849 2,062
Money market funding 2,585 1,915 37
Funds from acceptance and securities issued 718 769 576
Other 881 931 1,235
Shareholders' equity 815 811 831
Liabilities and Shareholders' equity 7,200 6,275 4,741
26. 26/47
Results
The operating Income increased 9.1% in the quarter.
R$ thousand
3Q09 2Q09 3Q08
Gross income from financial intermediation 50,594 43,922 103,319
Fee Income 21,678 29,498 3,892
Personnel and Administrative Expenses (28,525) (30,021) (36,667)
Commissions (873) (1,050) (5,335)
Tax Expenses (6,286) (7,716) (12,190)
Other Operating (expenses) income 1,051 (131) (2,084)
Operating Income 37,639 34,502 50,935
Non-operating income (1) 886 (1,806)
Income before taxes 37,638 35,388 49,129
Income and social contribution taxes (9,566) (9,056) (10,667)
Profit Sharing (6,004) (4,532) (5,033)
Net Income 22,068 21,800 33,429
ROAE 11.3% 11.1% 17.1%
27. 27/47
Loan Portfolio
In the corporate loan portfolio, working capital loans recorded a 15.7% growth in the quarter.
4,885
3,922 4,113
Sep-08 Jun-09 Sep-09
Loan Portfolio (R$ Million)
-19.7%
4.9%
72% 78% 83%
28% 22% 17%
Sep-08 Jun-09 Sep-09
Portfolio Breakdown
Individuals
Corporate
2,709
1,940
2,244
486
836
822
339
292
350
Sep-08 Jun-09 Sep-09
Corporate Portfolio Breakdown (R$ Million)
Guarantees
Onlending and
Trade Finance
Working
Capital
3,534 -13.2%
3,068
11.3% 3,416
1,005
679
552
217
79
66
129
95
79
Sep-08 Jun-09 Sep-09
Individuals Portfolio Breakdown (R$ Million)
Third-parties
portfolio
Own portfolio
Off book
portfolio
-36.8%
1,351
854
697
-18.4%
28. 28/47
Loan Portfolio - Corporate
Banco PINE offers a complete range of loan products in both local and foreign currency. 110% of
the corporate loan portfolio is covered by guarantees
Receivables
31%
Product
Fiduciary
Alienation
22%
Investments
9%
Property
Fiduciary
Alienation
10%
Promissory
Notes
24%
Payroll
4%
Loan Portfolio by Product Guarantees
Working Capital
66%
FX
17% Financing in
Foreing
Currency
3%
Onlendings
(Instr. 2770)
1%
Guarantees
10%
BNDES
Onlendings
3%
29. 29/47
0.00%
1.95%
0.30%
0.91%
0.11%
0.65%
0.96% 1.00%
0.60%
0.90%
1.69%
1.28%
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 Jun/09 Sep/09
Real
Devaluation
Nasdaq WTC Brazilian
Elections
Banco Santos
Liquidity Crisis
Global
Financial
Crisis
Loan Portfolio Quality and NPL Historical Data
Loan portfolio quality Overdue D-H Portfolio / Total Portfolio
Strict quality control of the loan portfolio. The coverage of the D-H portfolio was 100.2% in
September.
AA;
23.6%
A; 45.0%
B; 24.7%
C; 3.5%
D-E;
1.1%
F-H;
2.1%
30. 30/47
Funding
Medium Term Note
Joint Lead Managers
Public Offering - MTN
2008
Foreign Funding – Private Placements
US$ 33.6 Million
US$ 35.5 Million
US$ 52.8 Million
US$ 39.9 Million
US$ 150 Million
1,841 1,756
2,154
Sep-08 Jun-09 Sep-09
Time Deposits + Agribusiness Letter
of Credit (R$ Million)
-4.6% 22.7%
2,148 1,917
2,302
1,005
679
553
429
642
576
554
306
275
147
128
142
Sep-08 Jun-09 Sep-09
Funding Mix (R$ Million)
Borrowings and
Onlendings
Funds from
Acceptance and
Securities Issued
Trade Finance /
Cayman
Loan Assigments
Deposits
3,672 3,848
4,283
-14.3
4.8%
Average funding maturity in 3Q09 was 10 months.
31. 31/47
Financial Margin
Financial Margin in 3Q09 would be 80 bps higher than the figure delivered excluding early
settlements in the payroll loan business.
Main factors impacting 3Q09 financial margin:
• Deleveraging of the loan portfolio, specially between September 2008 and March 2009, due to the
international financial crisis;
• Focus on large companies in 3Q09;
• No payroll loan assignments;
• Absorption of early settlements in the payroll loan business;
• Reduced interest rates in the quarter, leading to an impact if 10 bps on return on free capital.
3Q09 9M09
Margin before provision for
loan losses (excluding repo) 7.1% 7.4%
7.0% 7.1%
2Q09 3Q09
10 bps
32. 32/47
Profile
Banco PINE
History of Banco PINE
Macroeconomic Scenario
Strategies for the New Scenario
New Business Opportunities
Companies‟ Profile
Agility in Granting Credit
Companies - Credit Committee
Companies - Credit Systems
Organizational Structure
Strategies for the New Scenario
PINE Investimentos
Cross-Selling
3Q09 Results
Corporate Governance and Shares
Corporate Governance
Main Committees
Shares
Dividends
Social Responsibility
Ratings
Appendix
Agenda
34. 34/47
Corporate Governance
Banco PINE adopts the best corporate governance practices
Clear Policies
Performance
Monitoring
Risk Management
Settlement of
Responsibilities
Alignment of
Internal Policies
Compliance with
Legislation and
interests
Three independent members in the Board of Directors
Mailson Ferreira da Nóbrega: Finance Minister of Brazil
from 1988 to 1990
Maurizio Mauro: CEO of Booz Allen Hamilton and Grupo
Abril
Fernando Albino de Oliveira: ex-director of CVM and
partner of Albino Advogados Associados
São Paulo Stock Exchange Level 1 of Corporate Governance
Fiscal Council
100% tag along rights for all shareholders, including non-voting
shares
Arbitration procedures for fast settlement of litigation
35. 35/47
Main decisions are taken by committees: Board of Directors and a structure of specific committees
Non-stop exchange of knowledge and information
Transparency
Main Committees
Banco PINE believes that the use of the best corporate governance practices substantially enhances
its business‟ outcome
Board of
Directors
Fiscal
Council Audit
Support
Committee
Treasury
Committee
(ALCO)
National and
Foreign Funding
Products
Committee
Credit
Committee
Retail
Committee
Delinquency
Committee
Compliance
and Basel Risk
Committee
Executive
Committee
Performance
Evaluation
Committee
Ethics
Committee
IT Committee
Human
Resources
Committee
PINE
Investimentos
Committee
37. 37/47
Basis Price100: 08/01/08
Final Date: 10/31/09
Shares
Evolution of PINE4 and IBOVESPA (São Paulo Stock Exchange Index)
40
50
60
70
80
90
100
110
120
130
140
5/2008
6/2008
7/2008
8/2008
9/2008
10/2008
11/2008
12/2008
1/2009
2/2009
3/2009
4/2009
5/2009
6/2009
7/2009
8/2009
9/2009
10/2009
PINE4 IBOVESPA
09/15/08
Lehman Brothers
bankruptcy
D 14.8%
R$ 10.33
D 6.8%
61,545
R$ 9.00
57,630
Withdrawal of foreign
Investors
38. 38/47
Dividends and Interest on Own Capital
Dividends
Since 2008, Banco PINE pays dividends/interest on own capital on a quarterly basis
16
25 25
33
45
15
1H07 2H07 1H08 2H08 1H09 3Q09
Gross Dividend and Interest on Own
Capital (R$ million)
R$ Million R$
Gross Amount Total Amount Value per Share
1Q09 25.0 0.2955
2Q09 20.0 0.2391
3Q09 15.0 0.1800
Total paid in 9M09 60.0 0.7146
39. 39/47
Social
Casa Hope
Instituto Alfabetização Solidária.
Sports
Fortalecimento do Hipismo (Strengthening Equestrian
Sports): dissemination of equestrian sports as a healthy
activity that is accessible to various social segments.
Crianças e Jovens que Brilham (Children and Youth that
Shine): tennis training workshops in state and municipal
schools
Responsible Credit
“Lists of Exceptions”: the Bank does not finance projects
or those organizations that damage the environment, are
involved in illegal labor practices or produce, sell or use
products, substances or activities considered prejudicial to
society.
System of environmental monitoring, financed by the IADB
and coordinated by FGV, and internally-produced
sustainability reports for corporate loans.
Social Responsibility
Banco PINE supports and promotes the Brazilian culture
Culture
Paisagem e Olhar: watercolor pictures showing the
biodiversity of the Atlantic Rainforest
Embarcações: historic record of typical Brazilian boats
Revoluções Brasileiras:
reports about the bravery
of Brazilian ancestors
Museus Brasileiros: a collection of
the country‟s leading museums
Anita Malfatti: retrospective of works
and biography
Green Building
40. 40/47
Global
Foreign Currency
Long Term
Outlook
Local Currency
Long Term
Outlook
National
Long Term
Short Term
Outlook
Bank Financial Strength
Ba2
Stable
Ba2
Stable
A1.br
Br-1
Stable
D
A
Ratings
BB-B
Stable
BB-B
Stable
br A-Stable
Global
Foreign Currency
Long Term
Short Term
Outlook
Local Currency
Long Term
Short Term
Outlook
National
Long Term
Outlook
10.54
Global
Foreign Currency
Long Term
Short Term
Outlook
Local Currency
Long Term
Short Term
Outlook
National
Long Term
Short Term
Outlook
Individual
Support
B+
B
Stable
B+
B
Stable
A-(bra)
F2(bra)
Stable
D
5
46. 46/47
Efficiency Ratio and BIS
68.1%
51.5% 50.3%
37.3%
42.6% 45.7%
2004 2005 2006 2007 2008 9M09
Efficiency Ratio
18.2%
20.7% 19.2% 18.3% 19.3%
17.2%
Dec/04 Dec/05 Dec/06 Dec/07 Dec/08 Sep/09
BIS Ratio
47. 47/47
Clive Botelho
CFO
Nira Bessler
Head of Investor Relations
Alejandra Hidalgo
Investor Relations Analyst
Phone: +55-11-3372-5553
www.bancopine.com.br/ir
ri@bancopine.com.br
Investor Relations
This presentation contains forward-looking statements relating to the prospects of the business, estimates for operating and financial results, and those related to growth prospects of Banco PINE. These are
merely projections and, as such, are based exclusively on the expectations of Banco PINE’s management concerning the future of the business and its continued access to capital to fund the Company’s
business plan. Such forward-looking statements depend, substantially, on changes in market conditions, government regulations, competitive pressures, the performance of the Brazilian economy and the
industry, among other factors and risks disclosed in Banco PINE’s filed disclosure documents and are, therefore, subject to change without prior notice.