Diapositiva 1 - UBI Banca

An introduction
to the UBI Banca Group
December 2012

Disclaimer
This document has been prepared by
Unione di Banche Italiane Scpa (“UBI”) for
informational purposes only.
It is not permitted to publish, transmit or
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The information, opinions, estimates and
forecasts contained herein have not been
independently verified and are subject to
change without notice.
They have been obtained from, or are
based upon, sources we believe to be
reliable but UBI makes no representation
(either expressed or implied) or warranty
on their completeness, timeliness or
accuracy.
Nothing contained in this document or
expressed during the presentation
constitutes financial, legal, tax or other
advice, nor should any investment or any
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This document does not constitute a
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or sell for any investment instruments, to
effect any transaction, or to conclude any
legal act of any kind whatsoever.
This document may contain statements
that are forward-looking: such statements
are based upon the current beliefs and
expectations of UBI and are subject to
significant risks and uncertainties. These
risks and uncertainties, many of which are
outside the control of UBI, could cause the
results of UBI to differ materially from
those set forth in such forward looking
statements.
Under no circumstances will UBI or its
affiliates, representatives, directors,
officers and employees have any liability
whatsoever (in negligence or otherwise)
for any loss or damage howsoever arising
from any use of this document or its
contents or otherwise arising in
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above mentioned presentation.
For further information about the UBI
Group, please refer to publicly available
information, including Annual, Quarterly
and Interim Reports.
By receiving this document you agree to
be bound by the foregoing limitations.
Please be informed that some of the
managers of UBI involved in the drawing
up and in the presentation of data
contained in this document either
participated in a stock option plan and
were therefore assigned stock of the
company or possess stock of the bank
otherwise acquired. The disclosure
relating to shareholdings of top
management is available in the half year
and the annual reports.
Methodology
All data are as at 30 September
2012 unless otherwise stated.
Page 1

Agenda
The UBI Banca Group
The UBI Banca International Network
Contacts
Annexes
Page 2

Agenda
The UBI Banca Group
Background
UBI Banca and its Peers
Ratings
Capital Ratios
Group Structure
Presence in Italy
Page 3

Background
UBI Banca was created on April 1st 2007 following the merger of the BPU Group
and the Banca Lombarda e Piemontese Group
Birth of the
“Banca Mutua
Popolare della
Città e Provincia
di Bergamo” ,
subsequently
renamed “Banca
Popolare di
Bergamo” (BPB)
1869
1883
Birth of the
“Credito Agrario
Bresciano” (CAB)
Birth of the
“Società per la
Stagionatura e
l’Assaggio delle
Sete ed Affini”
subsequently
renamed
“Banca
Popolare
Commercio e
Industria”
(BPCI) 1888
1888
Birth of the
“Banca San Paolo
di Brescia” (BSPB)
Merger of
BPB and
“Credito
Varesino”
(BPB-CV)
1992
1963
BSPB acquires
“Banca di Valle
Camonica”
(BVC)
Acquisition of
“Banca Popolare
di Ancona” (BPA)
by BPB-CV. Birth
of the BPB-CV
Group
1996
1992
CAB acquires
“Banco di San
Giorgio” (BSG)
Acquisition of
“Centrobanca” by
BPB-CV
2000
Acquisition of
“Banca
Carime” by
BPCI
2001
1998
Merger of CAB and
BSPB with the
creation of “Banca
Lombarda” as parent
company and
contribution of branch
network of CAB and
BSPB to “Banco di
Brescia”
Birth of the “BPU
Banca Group”
from the
integration of
BPB-CV and
BPCI
2003
2000
Acquisition of “Banca
Regionale Europea”*
by Banca Lombarda.
The Group takes the
name of “Banca
Lombarda e
Piemontese Group”
1 st April 2007
Birth of
“UBI Banca”
following the
merger of the
BPU Banca
Group and the
Banca
Lombarda e
Piemontese
Group
Page 4
* A distinction is made between registered shareholders, a status acquired following acceptance decided by the
Management Board and enrolment in the shareholders’ register with the right to participate in shareholders’ meetings,
and non registered shareholders whose rights are financial only.

Background
UBI Banca is a “popular” bank with the legal status of a joint stock co-operative company.
According to its by-laws, each registered shareholder has the right to one vote whatever
the number of shares held. There is therefore no reference shareholders *
No one may hold shares amounting to more than 0.50% of the share capital (with the
exception of collective investment companies)
On the basis of the latest update of the shareholders’ register, registered shareholders
number nearly 86,000. If non registered shareholders are also considered, total
shareholders (registered and unregistered) number around 152 thousand
The said principles
are equally applied
to listed and nonlisted
popular banks
UBI Banca’s governance model is based on a “dualistic” system. Under this dualistic
governance system a shareholders’ meeting appoints a Supervisory Board (strategic policymaking
and supervision), which then appoints a Management Board (day by day
management of the company)
Page 5
* A distinction is made between registered shareholders, a status acquired following acceptance decided by the
Management Board and enrolment in the shareholders’ register with the right to participate in shareholders’ meetings,
and non registered shareholders whose rights are financial only.

UBI Banca and its Peers
Total Assets as at 30 th September 2012 (EUR bln)
Source 3Q2012 reports
969
Customer Loans as at 30 th September 2012 (EUR bln)
Source 3Q2012 reports
669
224
136
5th
132
62
52
562
375
145
4th
95
94
48
35
Unicredit
Group
Intesa
San Paolo
Monte
dei Paschi
di Siena
Banco
Popolare
UBI
Banca
Gruppo
BPER
Banca
Popolare
di Milano
Unicredit
Group
Intesa
San Paolo
Monte
dei Paschi
di Siena
UBI
Banca
Banco
Popolare
Gruppo
BPER
Banca
Popolare
di Milano
No. Domestic Branches as at 30 th September 2012
Source 3Q2012 reports
5,468
4,333
2,781
2,017
5th
1,799
1,302
769
Market Capitalization as at 5 December 2012 (EUR bln)
Source: “Il Sole 24 Ore” Italian financial newspaper – dated 6 December 2012.
21.9
21.6
3rd
2.9
2.5
2.1
1.6
1.4
Intesa
San Paolo
Unicredit
Group
Monte
dei Paschi
di Siena
Banco
Popolare
UBI
Banca
Gruppo
BPER
Banca
Popolare
di Milano
Unicredit
Group
Intesa
San Paolo
UBI
Banca
Monte
dei Paschi
di Siena
Banco
Popolare
Gruppo
BPER
Banca
Popolare
di Milano
Page 6

UBI Banca ranks third by rating among the major Italian banks
Agencies
Ratings
Republic
of Italy
Unicredit
Intesa
Sanpaolo
UBI
Banca
Banco
Popolare
Monte
dei Paschi
Banca
Popolare
Emilia
Romagna
Long-term Issuer Credit Rating (LTICR) BBB+ BBB+ BBB+ BBB BBB- BBB- BB+
Short-term Issuer Credit Rating (STICR) A-2 A-2 A-2 A-2 A-3 A-3 B
Stand Alone Credit Profile (SACP) bbb+ bbb+ bbb bb+ bb+ bb+
Outlook Negative Negative Negative Negative Negative Negative Negative
Long-term Deposit Rating (LTDR) Baa2 Baa2 Baa2 Baa2 Baa3 Ba2
Short-term Deposit Rating (STDR) P-2 P-2 P-2 P-2 P-3 Not Prime
Bank Financial Strength Rating (BFSR) C- C- D+ D+ E
Baseline Credit Assessment (BCA) baa2 baa2 baa3 ba1 caa1
Outlook LTDR / BFSR Negative Negative Negative Negative Negative Negative
Long-term Issuer Default Rating (LTIDR) A- A- A- BBB+ BBB BBB BBB
Short-term Issuer Default Rating (STIDR) F2 F2 F2 F2 F3 F3 F3
Viability Rating a- a- bbb+ bbb bb+ bbb
Support Rating 2 2 2 2 2 3
Support Rating Floor BBB+ BBB+ BBB BBB BBB BB+
Outlook (LTIDR) Negative Negative Negative Negative Stable Stable Negative
Page 7
Information updated as at 6 th December 2012

Predominant Retail Business, Low Risk Profile
Strong
competitive
positioning
High Asset
Quality
Solid Capital
Position
1 st Italian cooperative banking Group by market capitalization
5 th largest Italian bank by total assets (EUR 132.1bn)
EUR 94.8 bn customer lending and EUR 100.3 bn direct funding (loan/deposit ratio: 95.0%)
As at June 2012, 82.7% of loans to customers were granted in Northern Italy, 9.6% in Central Italy and
7.7% in Southern Italy, while 73.4% of customer deposits came from Northern Italy, 12.4% from
Central Italy and 14.2% from Southern Italy*
Good asset quality compared to the Italian banking system (Net NPLs/Total Loans 3.01%; Italian
Banking system 3.46%)
Cost of credit annualised of 70 bps of total loans (51 bps in 9M2011)
No recourse to any State aid. Capital ratios as at 30 Sept 2012: Core Tier 1: 10.49%, EBA Core Tier
1: 9.35%**, Tier 1: 11%, Total capital ratio: 15.32% (Validation AIRB on Corporate Credit Risk
obtained in May 2012. Validation on Retail Credit Risk to be applied for within 1H2013)
Leverage ratio (tangible assets / (tangible equity+non-controlling interests+net result for the period): 17.1X
Low Risk Profile
Focus on traditional banking activities, with a non aggressive commercial policy.
Customer loans/total assets: 72% (vs. average of 60% for the six major Italian Banking Groups***)
Funding mainly from own customer base; limited recourse to institutional markets (MTNs, CBs, CP,
CD and Preference shares altogether represent 18.8% of total funding)
Financial assets/ total assets: 15%. Italian Govies represent 12% of total assets. No exposure to
sovereign bonds of countries “at risk”
Figures as at 30 th September 2012 unless otherwise stated
* Data referred to banking perimeter only, Source: 1H12 Report. ** EBA Core Tier I requirement as at 30/06/12, including the sovereign risk
Page 8 valuation at fair value as at 30/09/11 and considering a minimum capital requirement constraint equal to 80% of the capital requirements
calculated on the basis of Basel 1 rules, as per EBA exercise.. *** ISP, UCI, MPS, BAPO, BPER, BPM

The Group Structure
UBI Banca provides management, co-ordination, control and supply of centralized services to the commercial banks (single IT System, centralised risk management,
centralised finance and treasury, commercial coordination, credit coordination, logistics, purchasing, on line banking, etc.).
8 DOMESTIC NETWORK BANKS
MAIN PRODUCT COMPANIES
356 branches
100.00%
Northern
Italy
342 branches
225 branches
100.00%
75.08% (1)
ASSET MANAGEMENT
CORPORATE BANKING
FACTORING
UBI Pramerica
(partnership with Prudential US)
Centrobanca
UBI Factor
274+3 *branches
74.72% (2)
LEASING
UBI Leasing
66 branches
82.96% (3)
NON-LIFE BANCASSURANCE
UBI Assicurazioni
(partnership with BNP Paribas/Ageas)
Central
Italy
226 branches
92.97% (4)
LIFE BANCASSURANCE
Aviva Vita (partnership with Aviva)
Aviva Assic. Vita (partnership with Aviva)
Lombarda Vita (partnership with Cattolica)
Southern
Italy
271 branches
25 branches
696 financial
advisors
Information updated as at 30 September 2012
92.84% (5)
100.00%
ON LINE TRADING
IW Bank
Centrobanca’s activities will be merged into UBI Banca
in 2013
2012 Group Rationalization Initiatives:
Merger of Banca 24/7 into UBI Banca (23July 2012)
Merger of BSG into BRE (22 October 2012)
Page 9
1) moreover, 8.69% of capital held by Aviva, 16.23% of capital held by Fondazione Banca del Monte di Lombardia; 2) information as at 22nd October 2012,
following the merger of Banco di San Giorgio into Banca Regionale Europea. Further 24.90% of Banca Regionale Europea capital held by Fondazione Cassa di
Risparmio di Cuneo and the rest by minority shareholders; 3) moreover, 6.38% of capital held by Cattolica Assicurazioni and the rest by minority
shareholders; 4) moreover, 6.49% of capital held by Aviva and the rest by minority shareholders; 5) moreover, 7.15% of capital held by Aviva and the rest
by minority shareholders. * branches outside Italy
10

Presence in Italy
Introduction to the UBI Banca Group*:
Predominant Retail Business and Strong Northern Italian Franchise
1
1
11
Approx. 4 million clients, mainly retail
222
56
827
42
43
1,799 branches, of which 827 in Lombardy (which
generates over 20% of Italian GDP)
1
8
92
20
18
115
6
91
108
34
103
Market share in terms of branches above 20% in
some of the richest Provinces such as Bergamo,
Brescia and Varese
Market Share
%
Branches Funding
Loans
Bergamo 21.1 31.3 41.5
Brescia 22.2 34.2 35.3
Varese 23.1 30.1 21.7
Cuneo 23.8 21.8 17.1
National market share of 5.4%** in terms of
branches
1,799
branches in Italy + 8 branches abroad
* Figures as at 30 th September 2012
** Market shares calculated as at 30 th June 2012
Page 10

Agenda
UBI Banca International Network
International Network
Presence in the world
Page 11

International Network
COMMERCIAL BANKS
FOREIGN BRANCHES
SUBSIDIARIES
FOREIGN BRANCHES
REPRESENTATIVE
OFFICES
MENTON, NICE AND ANTIBES
(Banca Regionale Europea)
KRAKOW
(UBI Factor)
MOSCOW
SAO PAULO
SHANGHAI
(Lombarda China Fund
Management company)
MUMBAI
SHANGHAI
HONG KONG
VIENNA
(Business Consultant)
Head office in Luxembourg
FOREIGN BANKS
Head office in Lausanne
SUBSIDIARIES BRANCHES BRANCHE
UBI TRUSTEE SA
(Luxembourg)
UBI CAPITAL
SINGAPORE
LUXEMBOURG
MADRID
MUNICH
LUGANO
Page 12

Presence in the world
UBI Banca is present in Asia, Latin America and Europe
Lausanne
Banque de Dépôts et de Gestion
(Branch in Lugano)
Luxembourg
• UBI Banca International
• UBI Trustee SA
Antibes, Menton, Nice
Banca Regionale Europea
Branches
Madrid
UBI Banca International
Branch
São Paulo
Representative Office
Munich
UBI Banca International
Branch
•
Krakow
UBI Factor Branch
•
• •
•
•
• •
Vienna
Business Consultant
Moscow
Representative Office
•
Shanghai
•
Mumbai
Representative Office
Shanghai
Representative Office
Lombarda China Fund
Management Company*
Hong Kong
Representative Office
Singapore
UBI Capital Singapore
Page 13
*JV in which UBI Banca scpa holds 49% of the total share, Guodu Securities Co. Ltd . holds 47% of the total
shares and WinnerKey Investment Co., Ltd. holds 4% of the total shares.
Active in the management of retail funds, IPOs, with total AUM of 6.487 Mio of RMB at the 30 th June 2012

Agenda
Contacts
UBI Banca Correspondent Banking
Representative Offices Contacts
Page 14

UBI Banca Institutional Banking
Marco D’Este
Head of Institutional Banking
Isabella Moavero - Head of Correspondent Banking and Representative Offices
Correspondent Banking - correspondent.banking@ubibanca.it
Alistair Newell
Area Manager
alistair.robert.newell@ubibanca.it
Federico Ferrari
Area Manager
federico.ferrari@ubibanca.it
Lorenzo Tassini
Area Manager
lorenzo.tassini@ubibanca.it
Ernst Rolf Hartmann
Area Manager
ernst.rolf.hartmann@ubibanca.it
BANGLADESH
INDIA
MALDIVES
PAKISTAN
SOUTH EAST EUROPE
Western
SRI LANKA
Europe:
UK
BALTIC COUNTRIES
IRELAND
SCANDINAVIA
CYPRUS
ICELAND
GREECE
Western Europe:
MALTA
CYPRUS
GREECE
IRELAND
MALTA
UK
AUSTRALASIA
ASIA
NORTH AMERICA
RUSSIA AND CIS COUNTRIES
Western Europe:
AUSTRIA
GERMANY
SWITZERLAND
AFRICA
MIDDLE EAST
TURKEY
LATIN AMERICA
CARIBBEAN
EASTERN EUROPE
ISRAEL
Western Europe:
PORTUGAL
SPAIN
BELGIUM
FRANCE
LUXEMBOURG
NETHERLANDS
VATICAN CITY
MONTE-CARLO
Page 15

Representative Offices Contacts
HONG KONG
MUMBAI
SHANGHAI
Mr Andrea Croci
hongkong@ubihk.com
Suite 2911, Tower Two,
Times Square 1, Matheson St. -
Causeway Bay Hong Kong - S.A.R.
Tel. +852 2878 7393
Fax +852 2878 7932
Ms Rajeshree Balsari
mumbai@ubibanca.com
92 Mittal Chambers, 9 th Floor,
Nariman Point,
400 021 Mumbai - India
Tel. +91 22 22023601
Fax +91 22 22023603
Ms Lu Bo
office@ubibanca.sh.cn
The Center
Suite 3304
989, Changle Road
200031 Shanghai – China
Tel +86 21 61675333
Fax +86 21 61675582
MOSCOW
Mr Ferdinando Pelazzo
moscow@ubibanca.com
10, Nikolskaya str., 4 th floor,
Business Centre “Nikolskaya Plaza”
109012 Moscow - Russia
Tel. +7 495 725 4466
Fax +7 495 725 4465
SAO PAULO
Mr Isidoro Guerrerio
saopaulo@ubibanca.com
Al. Ministro Rocha Azevedo,
456 Ed. Jaù - 4° And.Cj.402
CEP 01410-000 São Paulo -
Brazil
Tel. +55 11 3063 0454
Fax +55 11 3063 3785
VIENNA (Business Consultant)
Ms Annick Stockert
annick.stockert@esterni.ubibanca.it
Seilerstätte 16/11
1010 Vienna
Austria
Tel. +43 1 514 37 26
Fax +43 1 514 37 60
Page 16

Agenda
Annex
Foreign Banks
Product Companies
Group Results
Group BIC codes
Page 17

Foreign Banks
Qualified and specific services offered to Corporate customers:
•establishment of international companies
•trustee operations and corporate financing
•payment services
•corporate and syndicated loans
•issuance of bonds and international guarantees
•cash pooling
•factoring
• BDG, established in 1933 and taken over by the Group in 1994,
has its Headquarter in Lausanne and a branch in Lugano.
• BDG activity is mainly focused on Private clientele.
• Thanks to its open architecture approach, BDG can offer a wide
range of customized products and services including: investments,
real estates, financial planning, accounts, payments, lines of credits
and loans.
Services offered to Private customers:
•wealth management and investment advisory;
•heritage and personal wealth planning with tailor made financial
engineering solutions;
•investment Funds and Sicav;
•financial and asset planning with tailored engineering solutions;
•term deposits in all major currencies,;
•trading and safekeeping of securities on all the major stock and
bond markets;
•spot and forward foreign exchange transactions;
•services for the establishment of Trust Companies through UBI
Trustee SA based in Luxembourg.
• Established in 2008 and entirely controlled by UBI Banca
International, UBI Capital Singapore is a Management Company with
a licence obtained from the Singapore Monetary Authority.
• It offers Wealth Management Services to HNWI, Family Offices and
Institutional Investors, by mean of sophisticated Global Asset
Allocation solutions.
Page 18

Product Companies (1/2)
Data as at 30.09.2012
Corporate and Investment Banking
Centrobanca is specialised in corporate and investment banking services.
It focuses on the mid-upper corporate segment and provides customers with
medium to long term financial services, investment banking services and hedging for
interest rate and foreign exchange risk.
6.7 bln EUR in net Loans to Customers
Leasing
UBI Leasing offers its clients financing for asset acquisition such as: instrumental
leasing, real estate leasing, car leasing, aero naval leasing as well as specific
insurance and accessory services.
8.3 bln EUR in net Loans to Customers
Factoring
UBI Factor offers highly specialized factoring services to companies and public
administrations. The company is based in Milan with a capillar structure across the
national territory and is present also in Poland with its Krakow subsidiary. Since 1984
UBI Factor is part of the Factors Chain International network which allows it to retain a
presence in more than 50 countries and with more than 200 foreign partners.
5.9 bln EUR Turnover; 2.1 bln EUR net Loans to Customers
Page 19

Product Companies (2/2)
Data as at 30.09.2012
Asset Management – Joint Venture with Prudential US
UBI Pramerica develops, manages, markets and distributes a wide range
of financial products and services dedicated to private customers and institutions. It
has been awarded various international prizes.
26.3 bln EUR in Assets Under Management
Online Trading
IW Bank is a market leader in online trading in Italy with a strategy based on
three fundamental objectives: continuous product/service innovation, constant
development of technological platforms, professional support for the customer.
6 mln of transactions executed over the period
Page 20

UBI Banca 9M12 results: confirmed balance sheet solidity
Core Tier 1 Ratio Evolution
Validation AIRB on
Corporate Credit Risk
obtained in May 2012
Leverage** Evolution
8.56%
10.24% 10.49 %
9 .24%
9.35%
Validation AIRB on
Retail Credit Risk
to be applied for
within 1H2013
18.5x 18.3x 17.1x
31 Dec '11 30 June '12 30 Sep '12
31 Dec '11 30 June '12 30 Sep '12
Total Capital Ratio Evolution
15.01%
15.32%
13.50% 13.50%
16.21% pro forma
including LT2
issuances in
October
Liquidity Ratios
q NSFR > 1 q LCR > 1
Balance Sheet Structure (30 Sept ’12)
71.8%
HFT Financial
Assets /Total
Assets = 2.4% 18.8% Institutional
31 Dec '11 30 June '12 30 Sep '12
Total Loans/Total Assets
15.1%
Total Financial
Assets/Total Assets
81.2%
Direct Funding
composition
Ordinary
customers
* EBA Core Tier I requirement as at 30/09/12, including the sovereign risk valuation at fair value as at 30/09/11 and consid ering a minimum capital requirement
** constraint /( equal to 80% of the capital requirements calculated on the basis of Basel 1 rules, as per EBA exercise.
** Tangible assets/(tangible equity + non controlling interests + net result for the period)
Page 21
15

UBI Banca Main Consolidated figures (Dec ‘11 and Sept ‘12)
Main balance sheet figures
Figures in millions of euro
Dec 2011 Sept 2012
Loans to customers 99,690 94,843
Direct funding 102,809 100,264
Interbank exposure 3,588 9,479
Indirect funding (AuM + AuC) 72,068 70,665
Total assets 129,804 132,103
Loans to customers / total assets 76.8% 71.8%
Direct funding:
• Very positive trend in Retail funding, up by approx. 2 bln from Dec’11 to €81.4 billion
• Institutional funding decrease from €23.3 in Dec ‘11 to €18.9 in Sept’12 due to market
conditions. No institutional issuance as from 2H2011, first EMTN issue of € 750 mln in
October 2012
Loans to customers
De-risking of loan book (performing loans):
- Decrease in riskier positions from 10.6% of
loans in Dec ‘10, 9.4% in Dec ‘11 to 8.5% in
Sept ‘12
- Increase in the relative collateral from
60.6% in Dec ‘10, 65.3% in Dec ‘11 to 67.4%
in Sept ‘12
- Reduction of customer credit risk
concentration (the 10 largest positions
represent 3% of the loan book, the 50 largest
8.3%)
Exit from non strategic business:
Exit from non captive business and higher risk
lending, mainly Banca 24/7 and UBI Leasing: € -
1.4 bln from Dec ‘11 (-2.6 bln from 30 th June ‘11
)
Merger of Banca 24/7 into UBI Banca completed
on 23 rd July ‘12
Interbank position:
• Total ECB exposure: € 12 bln taken under Long Term Refinancing Operations in
Dec’11/Feb ‘12: more than enough to cover 2012-2013-2014 institutional maturities
(overall €9.5 bln)
• Eligible Assets as at 30 th November 2012: € 29.9 bln (of which € 17.8 unencumbered)
Focus on core businesses:
Large corporates: € -0.6 bln from Dec’11 (-3 bln
from 30 June ’11)
Low demand due to deteriorated economic
conditions
Page 22

9M12 Profit net of non-recurring items: differential contribution vs. 9M11
Appropriate timing
in catching market
opportunities
Staff headcounts
reduction, continued
control of other
administrative
expenses, lower PPA
70 bps annualised
(52 in 9M11)
Lower loan volumes,
effective repricing,
positive proprietary
portfolio contribution
+112.3
+142.7 +3.2
- 96.0 - 5.6
- 12.0
+7.7
180.3
96.4
- 61.3 - 7.0
9M11
normalised* net
profit
NII
net
commissions
net results from
finance
other income
items
operating
expenses
net LLPs
other
impairments
taxes
non - controlling
interests
9M12
normalised* net
profit
+87.1% YoY
Page 23
*All non-recurring items booked in 2Q11

9M12 Stated Profit of € 223 mln (+21.9% vs 9M11)
9M12 Profit net of non-recurring items to € 180 mln (+87.1% vs. 9M11)
MAIN INCOME STATEMENT ITEMS
Figures in € mln
9M11 9M12 % change 3Q11 2Q12 3Q12
% change
3Q12/3Q11
% change
3Q12/2Q12
Net interest income 1,575 1,514 (3.9%) 534 508 488 (8.6%) (3.9%)
Net commission income 879 872 (0.8%) 292 287 286 (2.2%) (0.4%)
Net result from finance (17) 148 n.s. (24) 11 43 n.s. 276.4%
Other income items 97 102 5.0% 26 54 24 (6.1%) (55.8%)
Operating income 2,534 2,635 4.0% 828 861 841 1.6% (2.3%)
Staff costs (1,073) (1,049) (2.2%) (335) (328) (356) 6.4% 8.5%
Other administrative expenses (522) (514) (1.6%) (166) (176) (161) (2.7%) (8.5%)
Net impairment losses on property, equipment and investment
property and intangible assets
(182) (142) (22.2%) (60) (47) (46) (24.2%) (2.7%)
Operating expenses (1,777) (1,704) (4.1%) (561) (552) (563) 0.4% 2.1%
Net operating income 757 931 23.0% 267 309 277 4.0% (10.2%)
Net impairment losses on loans (399) (495) 24.1% (135) (203) (160) 18.6% (21.1%)
Net impairment losses on other assets and liabilities (139) (51) (63.5%) (119) (48) (1) (99.2%) (97.9%)
Net provisions for risks and charges (20) (21) 5.4% (5) (17) 0 (100.7%) (100.2%)
Profits from disposal of equity investments 2 9 n.s. 0 0 9 n.s. n.s.
Pre-tax profit from continuing operations 201 374 85.6% 7 41 125 n.s. 202.1%
Taxes on income for the period from continuing operations 145 (136) n.s. (70) 20 (60) (13.9%) n.s.
Profit for the period attributable to non-controlling interests (19) (15) (21.2%) (6) (7) (1) (82.1%) (84.6%)
Profit (loss) for the period attributable to the shareholders of the
Parent before impairments on goodwill and intangible assets
326 223 (31.8%) (69) 54 63 (191.6%) 16.7%
Impairment on intangible assets (144)
Profit (loss) for the period 183 223 21.9% (69) 54 63 n.s. 16.7%
Profit for the period NET OF NON RECURRING ITEMS 96 180 87.1% 26 25 60 127.0% 135.1%
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Group BIC codes
BEPOIT21
BCABIT21
BREUITM1
BLOPIT22
POCIITM1
BPAMIT31
CARMIT31
BVCAIT21
BLPIIT21
CABI LU LL
UBIBESMM
BEPO DE MM
Madrid Branch
Munich Branch
• BIC ACTIVE
• BIC NON ACTIVE
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