AccessBank is a leading commercial bank in Azerbaijan that focuses on micro and SME lending. In 2014, AccessBank achieved strong financial results with total assets reaching $1.3 billion, net profit of $55 million, and a return on equity of 32.2%. AccessBank maintains the highest credit rating among local commercial banks in Azerbaijan and has received several international awards for its performance and leadership in microfinance and SME lending. The bank continues to pursue dynamic growth while maintaining its focus on underserved market segments and commitment to portfolio quality.

1. Investor Presentation
on the FY 2014 result

2. 2
Azerbaijan: Key Facts
General Economy Currency
Population: 9.2 m Currency:
Azerbaijani Manat (AZN)
GDP: USD 76 bn
GDP per Capita (PPP):
USD 13,486
GDP growth: 3%
Inflation: 1.4%
1 USD = AZN 0.7844
stable since 2011
Area: 86,600 km2
Largest Cities:
Baku, Ganja, Sumgayit,
Mingachevir, Lenkaran
Sources: Central Bank of the Republic of Azerbaijan, Data as of January 31, 2014; The Economist Intelligence Unit, Azerbaijan
Country Report ,2013
Ratings
Moody’s: Baa3 / Stable Fitch: BBB-/ Stable S&P: BBB- / Stable

3. 3
0
5000
10000
15000
20000
25000
2005 2006 2007 2008 2009 2010 2011 2012 2013
Sources: Central Bank of the Republic of Azerbaijan, Data as of Dec 31, 2014; The Economist Intelligence Unit, Azerbaijan
Country Report, 2013; State Oil Fund of the Republic of Azerbaijan
USD m GDP USD m Foreign Trade Surplus
USD m Currency Reserves USD m State Oil Fund – Total Assets
Azerbaijan: Key Facts
0
10000
20000
30000
40000
2008 2009 2010 2011 2012 2013 2014
0
20000
40000
60000
80000
100000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
non-oil oil sector
0
20000
40000
60000
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014

4. 4
AccessBank at a Glance
Universal Commercial Bank with Focus on Micro and SME Lending
Among Top 5 Banks in Azerbaijan; leader in micro and
small business lending
Strong shareholder structure with triple A rated IFI’s owning
majority stake
Market leader in portfolio quality
Highest international credit rating of local commercial banks:
Investment Grade ‘BBB- outlook stable’ by

5. 5
International Finance Corporation (20%)
European Bank for Reconstruction and
Development (20%)
Kreditanstalt fuer Wiederaufbau (20%)
Black Sea Trade and Development Bank (20% )
Access Microfinance Holding AG (16.53%)
LFS Financial Systems GmbH (3.47%)
Shareholder Structure
AAA
AAA
AAA
A-
Credit Rating
IDR (S&P)

6. 6
International Awards
“In 2013, the SME and microfinance specialist again easily outperformed its rivals,
posting an industry-best net profit of $34.7 million – up 72% on 2012 – and an equally
unbeatable return on equity of 28.8%. Growth was also stellar, with total assets
increasing by 53.3% to pass the $1 billion mark. … The Bank has continued to pursue
alternative funding sources, issuing its first local currency AZN-denominated bond in
December and raising $60 million in the largest-ever syndicated loan from an Azerbaijani
private-sector financial institution in March”.
(Euromoney, Volume 45, 07/2014)
Euromoney quote on AccessBank’s award “Best Bank in Azerbaijan 2014”
“Bank of the Year”
The Banker
“Best Bank in Azerbaijan”
Euromoney Awards for Excellence
“Best Emerging Market
Bank Azerbaijan”
Global Finance

7. Total Equity Net Profit
USD
55m
CAR* RoE CIR NPL**
0.77%
Total Assets LoanPortfolio
USD
1.05bn
USD
1.3bn
USD
185m
24.8% 32.2% 59.3%
7
Financial Highlights 2014
IFRS Management accounts as of December 31, 2014
* According to Basel Capital Accord 1988
** Portfolio at Risk >30 days

8. 8
Financial Highlights
IFRS Management accounts including 2012 and 2013 audited results
* According to Basel Capital Accord 1988
** Portfolio at Risk > 30 days
2014 2013 2012
Total Assets $1.3bn $1.0bn $656m
Total Loan Portfolio $1.05bn $800m $525m
Total Equity $185m $146m $121m
Net Profit $55m $34.6m $20.2m
CAR* 24.8% 22.8% 28.2%
RoE 32.2% 28.8% 18.6%
CIR 59.3% 64.8% 72.4%
NPL** 0.77% 0.36% 0.63%

9. 9
Focus on Micro and SME Lending
Loan Portfolio by Segment
Amount
USD m
Clients
Micro Portfolio 459 124,501
SME Portfolio 447 2,618
Retail Portfolio 95 27,830
Mortgage Loan Portfolio 38 1,052
44%
43%
9%
4%
Micro Loans SME Loans
Retail Loans Mortgage Loans
Data based on management accounts as of December 31, 2014

10. USD m
10
Continuous Dynamic Growth
0
200
400
600
800
1000
1200
1400
2005 2006 2007 2008 2009 2010 2011 2012 2013 2014
Total Assets Loan Portfolio

11. *Ranking by Total Assets
Source: Trend Ranking, Data as of October 2014, Exchange Rate USD/AZN: 0.7844
11
Top Banks in Azerbaijan*
Total Assets
(USD m)
Loan Portfolio
(USD m)
Total Equity
(USD m)
1 Azerbaijan International Bank (IBA) 10.697 7.728 1.258
2 Kapital Bank 1.716 1.110 324
3 Xalq Bank 1.552 1.272 226
4 Pasha Bank 1.370 553 436
5 AccessBank 1.275 1.005 175
6 UniBank 1.051 862 182
7 Bank of Baku 901 813 163
8 Bank Technique 745 579 89
9 AGBank 654 475 67
10 Bank Respublika 633 389 84
12 DemirBank 540 407 78
13 Bank of Azerbaijan 506 464 61
14 Muganbank 497 358 72
15 Expressbank 365 268 167

12. 12
Extensive Countrywide Branch Network
Branches: 43 Employees: 2184
14 Branches
in Baku
29 Regional
Branches

13. 13
Market leader in Micro lending
Maintaining leading position in SME lending
Focus on Agro lending
Expanding Mortgage lending
Strategy
Focus on Regions

14. 14
Strong Profitability
USD m Net Interest MarginPre-Tax Profit
Net ProfitUSD m
RoE
24.3%
18.6%
28.8%
32.2%
0%
10%
20%
30%
40%
50%
2011 2012 2013 2014
17.8%
19.2%
17.1%
14.8%
0%
10%
20%
30%
2011 2012 2013 2014
22
26
44
69
0
10
20
30
40
50
60
70
2011 2012 2013 2014
22 20
35
55
0
10
20
30
40
50
60
70
2011 2012 2013 2014

15. 15
Market Leader in Portfolio Quality
Sector average NPL ratios in Azerbaijan: Micro-loans ̴5%; SME-loans ̴10%
0,00%
1,00%
2,00%
3,00%
4,00%
5,00%
I
2011
III V VII IX XI I
2012
III V VII IX XI I
2013
III V VII IX XI I
2014
III V VII IX XI
Micro SME Total PaR
PaR > 30 days ratio

16. 16
Strong Shareholder Support
16
42
66
94
109
129
146
185
0
20
40
60
80
100
120
140
160
180
200
2007 2008 2009 2010 2011 2012 2013 2014
Continued reinvestments of
profits into Bank equity
Organic growth of the Bank’s
equity solely based on
reinvested profits
Shareholders current long-
term funding to the Bank is
about USD 210m
Development of Total Equity
USD m

17. 17
Foreign Currency Lending – Risk Mitigants
Central Bank pursues policy of stable exchange rate of local AZN vs USD (crawling peg)
High foreign trade surplus triggers steadily increasing currency reserves
High currency reserves represent strong buffer against potential turbulences on
currency market and protect AZN from devaluation in the short to medium term
Bank provides USD denominated loans mostly to SME’s – high average DSCR of
around 3x in SME lending represents a strong risk mitigant in case of devaluation
Low level of foreign investment in Azerbaijan protects from volatilities on
international capital markets
About half of AccessBank’s loans are denominated in USD

18. 18
Funding Profile
USD m
Customer Deposit Development
USD 98m
(9%)
USD 317m
(30%)
USD 449m
(41%)
USD 218m
(20%)
Retail Current Accounts
Customer Deposits
Borrowings from Commercial Lenders
Borrowings from IFI/DFIs
Diversified Funding Structure
0
100
200
300
400
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Current Accounts Savings Deposits Term Deposits
2012 2013 2014

19. 19
Conservative Refinancing of Loans
Loans with maturities > 1 yr are refinanced according to their tenors
Current and savings accounts are displayed as short-term liquidity
Liquidity buffer above USD 100m
Currency profile of loan book is matched by funding in respective currencies
65
10
-12
-15
1
-4
1
0
100
200
300
400
500
< 1 month 1-3 months 3-6 months 6 m-1 yr 1-3 yr 3-5 yr > 5 yr
Loans Refinancing
USD m
Loan portfolio USD 1,047m in 12/2014

20. 20
Financial Statements
Balance Sheet in USD thousands
31 December 2014 31 December 2013
non-audited audited
Assets
Cash and cash equivalents 196 679 141 161
Loans to customers 1 045 352 786 732
Property and equipment 54 352 57 954
Intangible assets 26 605 17 120
Other assets 7 648 3 494
Total assets 1 330 636 1 006 461
Liabilities
Amounts due to credit institutions - 34 653
Amounts due to customers 432 416 332 901
Debt securities issued 27 871 12 764
Borrowed funds from international lenders 629 991 443 901
Current income tax liabilities 6 470 5 768
Other liabilities 27 993 20 693
Subordinated loan 20 389 10 294
Total liabilities 1 145 130 860 974
Equity
Share capital 108 363 108 349
Retained earnings 77 143 37 138
Total equity 185 506 145 487
Total equity and liabilities 1 330 636 1 006 461

21. 21
Financial Statements
Income and Capital Statement in USD thousands
31 December 2014 31 December 2013
non-audited audited
Interest income 215 577 163 090
Interest expense (65 917) (43 810)
Net interest income 149 660 119 280
Allowance for loan impairment 4 969 (4 948)
Net interest income after allowance for loan impairment 154 629 114 332
Non-interest income 14 806 11 248
Non-interest expense (100 018) (81 757)
Profit before income tax expense 69 417 43 823
Income tax expense (14 417) (9 123)
Profit for the period 55 000 34 700
Tier 1 Capital 185 505 145 488
Tier 2 Capital 30 836 10 620
Total Capital 216 341 156 108
Risk Weighted Assets 870 940 684 862
Tier 1 capital ratio 21,3% 21,2%
Total capital ratio 24,8% 22,8%
Capital ratios according to Basel Capital Accord 1988

22. 22
Contact
Farida Pirverdiyeva TEL: + 99 412 490 80 10
International Partner Relations Manager EMAIL: farida.pirverdiyeva@accessbank.az
Dr. Rolf Reichardt TEL: + 99 412 490 80 10
Executive Director Finance/Treasury EMAIL: rolf.reichardt@accessbank.az