Financial Sector 2011

Transcription

1 Financial Sector 2011

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3 PORTUGAL SPAIN BraZil ANGOLA MOZAMBIQUE AMORIM CONTRIBUTES TO THE DEVELOPMENT OF THE ECONOMY IN PORTUGAL, BRAZIL, ANGOLA, MOZAMBIQUE AND SPAIN. Financial Sector Having played an important role in making the Portuguese banking system more dynamic in the 1980s and 1990s, Américo Amorim has undertaken a strategy for diversification and internationalisation of assets in the financial sector. After gaining an important position in the banking sector in Spain, it set its sights on the Portuguesespeaking world, founding new banks in Angola and Mozambique, or buying stake in existing banks, as is the case with Brazil. Financial Sector 1

4 SPI Establishment of Sociedade Portuguesa de Investimentos. BCP Portugal s first private bank is born. BNC Foundation of Banco Nacional de Crédito. BANCO POPULAR ESPAÑOL Stake acquired in Banco Popular Español. BANCO BIC New commercial bank set up in Angola. Photo: Villas & Golf 35 years in the financial sector 2 Financial Sector

5 BANCO BIC PORTUGUÊS Launch of Banco BIC Português. BANCO CARREGOSA Converted from a brokerage into a bank. Banco Único Set up of a new bank in Mozambique. Banco Luso Brasileiro Stake acquired in BLB, Banco Luso-Brasileiro. Américo Amorim began operating in the financial sector 35 years ago, playing a historical role in re-launching private initiative in Portugal after the revolution. Since then, it has continued to operate in this sector, always with clear ideas and an innovative outlook. Financial Sector 3

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7 BANCO POPULAR ESPAÑOL In the extremely adverse context of the sovereign debt crises in Europe, Banco Popular has kept its capital reinforcement priorities intact and has continued to improve its market share; it maintains a second line of liquidity to deal with the challenges of medium term financing and, finally, it is maintaining its position as leader in profitability. Américo Amorim maintained its position as the 3 rd largest individual shareholder, with 6.8% of the share capital and a seat on the Board of Directors > Total assets under management: EUR billion > Loans to customers EUR 98.9 billion > Funds under management: EUR billion > Financial Margin EUR 2.1 billion > Net income: EUR 480 million BANCO POPULAR GROUP > 5 th largest Spanish bank > 2,203 branches > Workforce of 14,062 > 149,618 shareholders Financial Sector 5

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9 BANCO POPULAR PORTUGAL Set up in 2003, Banco Popular Portugal has shown steady growth and very consistent consolidation and has been playing an increasingly important role in financing the Portuguese economy, especially in the SME sector. The important capital increase in 2008 reinforced the bank s solidity and created the conditions to support the subsequent growth it has been showing in Portugal. In 2011, Banco Popular Portugal had 219 branches in mainland Portugal and on the islands. Banco Popular is specially prepared for leveraging its sound levels of liquidity and performance, having all the essential base conditions to position itself on the front line in order to secure growth opportunities. A branch of Banco Popular Financial Sector 7

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11 ANGOLA Economy expected to grow more than 10% in 2012 Following significant growth in 2011, the IMF International Monetary Fund is forecasting an even greater double-digit leap in the Angolan economic growth indices, due to the development of the opportunities forecast for all sectors of economic activity. Major investments are expected from investors from all over the world, which will help to enrich the economic dynamism of the country. GDP DEVELOPMENT > In USD million 90,000 80,000 84,945 74,474 82,471 89,316* 70,000 60,000 59,263 50,000 45,168 40,000 30,000 20,000 10, * estimate Financial Sector 9

12 Banco BIC Angola Consolidating its position as a major retail bank in Angola. During 2011, Banco Bic continued to expand its commercial network, with the strategic objective of consolidating its position as one of the most important retail banks in Angola. Américo Amorim is one of the most important shareholders and one of its founders, in 2005, along with other important Angolan investors. Key indicators Banco BIC LOANS TO CUSTOMERS > In USD million CUSTOMER FUNDS > In USD million NET PROFIT > In USD million 4,765 2,000 1,665 1,884 1,954 1,953 4,000 3,914 3,384 4, ,500 1,000 1,226 3,000 2,000 2, ,144 1, Banco Bic ended 2011 with a net income of USD million and with total assets of USD 5,513 billion, thus improving on its 2010 income and continuing the dynamic growth it has shown since its foundation. 10 Financial Sector

13 Banco BIC > Loans to Customers: USD 1,953 billion > Customer funds: USD 4,765 billion > Net profit: USD million > Total Assets: USD 5,513 billion > Total staff: 1,469 > Number of Branches: 167 (97 in Luanda) Financial Sector 11

14 Banco Bic commercial network in Angola LUANDA PROVINCE 115 BRANCHES (2012) The expansion of Banco Bic s commercial network continued according to plan, reaching a total of 166 branches, 97 of which are in Luanda City. Although it has a strong presence in the capital, Banco BIC continues to be the second bank with branches in more municipalities in the country.

15 Cabinda (3) Nzeto Maquela do Zombo Mbanza Congo Soyo Sanza Pombo Ambriz Uíge Kibaxi Negage Dundo Caxito Kitexe Samba Cajú Cafunfo Nzagi Lucata Catete Ndalatando Golungo Alto Cuango Porto Amboim Dondo Cacuso Camabatela Calandula Lucapa Seles Malange Sumbe Quibala Gabela Saurimo Mussende Lobito (2) Waco Kungo Andulo Conda Luau Cassongue Catumbela (2) Sumbe Benguela (2) Bocoio Balombo Bailundo Camacupa Luena Kuito Alto Hama Baia Farta Cubal Ganda Huambo Chinguar Dombe Grande Huambo (2) Lumbala Nguimbo Caluquembe Caala Chongoroi Cuvango FORECAST BRANCHES Cazombo Lubango (5) Humpata Quilengues Matala Jamba Menongue Capelongo Namibe Lucira Xangongo Mavinga Ondjiva Cuangar Stª Clara Calai Catuiti Existing branches Branches to be opened in (Evolution in the number of branches) Financial Sector 13

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17 Banco BIC Português Despite the macroeconomic difficulties in Portugal, in 2011, Banco BIC Português, with Américo Amorim as one of its founding shareholders, alongside other important Portuguese and Angolan investors, showed improved results in comparison with Banco Bic Português has benefited from the dynamics of the privileged business relationship between Portuguese and Angolan investors, which allowed it to continue to pursue its Private Banking and Intermediation strategy. The bank has maintained its presence in 7 areas of Portugal. Banco BIC Português > Net assets: EUR million > Equity: EUR 35.5 million > Net Income: EUR 5.1 million > Total staff: 91 > Number of branches: 7 AVEIRO BRAGA PORTO Alvarenga VISEU LEIRIA LISBOA Banco BIC Português branches in Porto, Lisbon, Viseu, Leiria and Braga. Financial Sector 15

18 MOZAMBIQUE Continued growth is the forecast for the coming years The Mozambican economy is expected to grow significantly in the coming years, partially due to a large increase in exports, which could reach the ambitious target of USD 3 billion.

19 Because of its geographic location, Mozambique operates as a platform for business with foreign markets. In addition, the recent discovery of natural gas will certainly give a very strong incentive to growth, along with the revitalisation of the Nacala, Beira and Maputo corridors.

20 Banco Único The bank that will change everything Banco Único is a universal bank focusing on retail. It works with all kinds of customers (private individuals and corporate), focused on personalised and high quality service throughout the country. It aims at being an innovative reference bank in the Mozambican financial sector. The first branch opened on 22 August 2011 and at the end of December it had 5 branches (4 in Maputo, including the head office, and 1 in Matola) and two commercial areas (one corporate and the other specialising in commercial support to NGOs). At the end of 2011, it had share capital of MZN 1.2 billion. 18 Financial Sector

21 Banco Único branches in Mozambique Tanzania Zambia malawi MOZAMBIQUE Nampula Tete Zimbabwe INDIAN OCEAN Beira 5 Branches 1 NGO 1 Corporate 7 branches to be opened 1st half of 2012 SOUTH AFRICA Johannesburg Swaziland Matola Maputo OFFICIAL OPENING: 22 AUGUST 2011 COMMERCIAL AREAS YEAR NO. OF BRANCHES NGOs CORPORATE * TOTAL 27 * 7 to open in the 1st half of 2012 Financial Sector 19

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23 BRAZIL A position at the forefront of the world economy Brazil s economy has been showing strong dynamics and growth, with a good track record of credibility, attracting foreign investment with interesting growth rates. Brazil, holding sixth position in the world economy, in a context of crises and uncertainties in different phases of development in various developed economies, is very attractive for investment and for the development of large-scale economic projects. Financial Sector 21

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25 Banco Luso Brasileiro The bank that speaks your language Banco Luso Brasileiro has been operating in the Brazilian market for 23 years, based on the historical ties of unity and friendship between Brazil and Portugal. BLB Banco Luso Brasileiro is based in São Paulo, the city considered to be the financial heart of Latin America. Banco Luso Brasileiro is a universal bank with 3 branches, all in São Paulo State. Américo Amorim has a 33% stake in the bank s capital. Bank indicators: In millions of reals % Loans to customers 164, , % Customer funds 274, , % Equity 40,108 43, % Net profit -2,590-24, % Total assets 370, , % Total staff Number of branches 3 3 Financial Sector 23

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