Caixa, a capital catalyst within the Africa. Dr. Gonçalo Vaz Botelho Caixa Banco de Investimento

Transcription

1 Caixa, a capital catalyst within the Africa Dr. Gonçalo Vaz Botelho Caixa Banco de Inestimento

2 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

3 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

4 Caixa Geral de Depósitos Group CGD in the world CGD Group is unique in the world with its direct presence in most t the Portuguese Speaking Countries Especially in Africa As a global player, the CGD Group is where the clients are

5 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

6 Actiities of the Inestment Bank Brokerage and Research Project Finance and Strutured Finance Priate Equity Debt Capital Markets Equity Capital Markets M&A and Financial Adisory

7 Cross Border Corporate Banking Globalization has changed us into a company that searches the world, not just to sell or to source, but to find intellectual capital - the world's best talents and greatest ideas. Jack Welsh

8 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

9 Internationalization process In a world where change is the rule and not the exception, the management capacity to adjust rapidly to change and olatitlity is the key to international competitieness. I am not here to foresee the world. I am here to ensure that I hae a company that is strong enough to respond to whateer happens. Jack Welsh

10 Internationalization of the CGD Group Presence in Africa Angola Caixa Totta Mozambique - BCI Uniersal banking serice priate and business segments (personalized serice using Offices) Current local network of 21 branches Local treasury and inestment support Interaction between the CGD and BCGTA commercial structures 2nd largest bank in the Mozambique system Uniersal banking serice priate and company segments (personalized serice using Offices) Current local network of 95 branches Local treasury and inestment support Interaction between the CGD and BCI commercial structures

11 Internationalization of the CGD Group Presence in Africa Cape Verde - BCA Cape Verde - Interatlântico Market leadership Uniersal banking serice priate and company segments 3rd bank in the financial system and noted in particular for its positioning in the business segment and its personalized serice using Offices Bank with largest share among emigrant Cape Verdean communities Close relations with the business fabric and capital markets Has 32 branches the country s biggest network of branches Only bank operating in all the islands Currently has 9 branches that coer 4 islands of the archipelago

12 Internationalization of the CGD Group Presence in Africa São Tomé and Príncipe - BISTP Largest bank in the country Offers uniersal banking serices and is undisputed leader in the national banking sector Current local network in the country of 8 branches Offers local treasury and inestment support Interaction between the CGD and BISTP commercial structures

13 Internationalization of the CGD Group Presence in Africa Deelopment Banks in Angola and Mozambique Following the Memoradums signed between Portugal, Mozambique and Angola, CGD (representing the Portuguese State) is working in the setting-up of two Deelopment Banks, respectiely in Mozambique - Banco Nacional de Inestimento ( BNI ) - and Angola Banco para Promoção e Desenolimento ( BPD ). BNI will hae a share capital of USD 125 million, of which 49,5% will be held by CGD, 49,5% by Direcção Nacional do Tesouro (Mozambique Treasury) and the remaining 1% by BCI. BPD s share capital will ascend to USD 500 million, held in equal parts by CGD and Sonangol. These Banks may hold Venture Capital subsidiaries in their respectie local markets, and in BPD s case also in Portugal. Both Banks share capital are still only partially subscribed, and there is still no definitie date for the Banks inaugurations.

14 CGD Lines of mid/long-term Support for Portuguese Exports Medium/Long Term Credit Lines for Africa (Concessional and Commercial Lines) Commercial Credit Line Mozambique Commercial Credit Line of of Support for Portuguese Exports (capital goods and serices) Concessional Credit Line Mozambique Support for Portuguese Exports (Capital goods and serices) with State guarantee Concessional Credit Lines Cape Verde Support for Portuguese Exports (Capital goods and serices) with State guarantee Concessional Credit Line de São Tomé and Príncipe Support for Portuguese Exports (Capital goods and serices) with State guarantee Angola Plafond COSEC Commercial Credit Line of of Support for Portuguese Exports (capital goods and serices) Concessional Credit Line Angola Support for Portuguese Exports (Capital goods and serices) with State guarantee

15 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

16 Operations in Africa Angola LUANDA SHOPPING: Imoshopping Gestão de Imóeis S.A. Letter of Credit USD MANDATED LEAD ARRANGER May 2011 Leadership and structuring of a transaction of Trade Finance and financing package in the amount of USD 100M to ensure the import of serices, goods and equipment, purchased in the Chinese market (70%) and in the Portuguese market (30%) which are necessary to the construction of the Luanda Shopping: This shopping center is integrated into the Comandante Gika building, which also includes a fie star hotel, two office towers and a housing complex. CaixaBI was Mandated Lead Arranger / In conclusion, contracts signed in May 2011

17 Operations in Africa - Mozambique CINAC CIMENTOS DE NACALA, S.A. CINAC Cimentos de Nacala Cement Plant USD MANDATED LEAD ARRANGER Financial adisory for the structuring of external financing of USD 20M to (i) restructuring of bank loans and (ii) inestments in automation and modernization of the plant s power supply system. CaixaBI was Financial Adisor and MLA / December 2009 December 2009 CONCESSION OF NEW TETE BRIDGE Estradas do Zambeze New TeteBridge Concession USD ,00 CO-FINANCIAL ADVISER December 2010 New bridge oer the Zambezi rier and its immediate accesses, near the town of Tete, as well as improing traffic conditions on the roads between the border with Malawi and the border with Zimbabwe, with an extension of approximately 260 km. Financial adisory for the concession of the conception, construction, financing, operation and maintenance of the new Tete Bridge. Oerall inestment exceeding EUR 105M with Long Term financing through the concessional credit line for Mozambique and Short Term financing through BCI. CaixaBI was Co-Financial Adisor / Closing in July 2010 and first withdrawal of funds in March 2011

18 Operations in Africa Cape Verde Desalination of Seawater and Wastewater Treatment MANDATED LEAD ARRANGER January 2007 ÁGUAS DE PONTE PRETA Structuring and financing package of EUR 10M for the construction and operation of the following infrastructures: (i) desalination of seawater; (ii) wastewater treatment; (iii) production of electricity, to be held in Urbanization Ponta Preta, Sal Island, Cape Verde. This operation was promoted by Turicomplex and by Águas de Sabadell. CaixaBI was Financial Adisor / January of 2007

19 Operations in Africa CaixaBI s Pipeline CaixaBI is currently negotiating seeral (oer 10) adisory mandates for operations in Mozambique and Angola in the area of road infrastructure (road concessions), energy (combined cycle power plants and hydroelectric), telecommunications, seeral industry and serices with a total inestment of oer USD 2 billion.

20 Outline CGD Group Geographic Footprint Inestment Banking An international instituition Operations in Africa - Examples Final Remarks

21 Best Equity House in Portugal 2006 Best Inestment Bank in Portugal 2008 Best Inestment Bank in Portugal 2009 Best Inestment Bank in Portugal 2007 Best Equity House in Portugal 2009 Best Inestment Bank in Portugal 2010 In an increasingly integrated world, CaixaBI is the faored partner in the internationalization of Portuguese enterprises we follow our clients whereer they are doing business.

22 Gonçalo Vaz Botelho Executie Board Member Caixa Banco de Inestimento Paulo Graça Sila Head of Inestment Banking in Angola Caixa Banco de Inestimento Daniel Santos Head of Project Finance Caixa Banco de Inestimento