Banco BI&P Results Presentation - 3rd Quarter 2014

1. RESULTS PRESENTATION
3Q14

2. Disclaimer
This presentation may contain references and statements representing future expectations, plans
of growth and future strategies of BI&P. These references and statements are based on the Bank’s
assumptions and analysis and reflect the management’s beliefs, according to their experience, to
the economic environment, and to predictable market conditions.
As there may be various factors out of the Bank’s control, there may be significant differences
between the real results and the expectations and declarations herewith eventually anticipated.
Those risks and uncertainties include, but are not limited to, our ability to perceive the dimension of
the Brazilian and global economic aspect, banking development, financial market conditions, and
competitive, government and technological aspects that may influence both the operations of BI&P
as the market and its products.
Therefore, we recommend the reading of the documents and financial statements available at the
CVM website (www.cvm.gov.br) and at our Investor Relations page in the internet (www.bip.b.br/ir)
and the making of your own appraisal.
2

3. Highlights
3
 Expanded Credit Portfolio totaled R$4.0 billion, +1.8% in the quarter and +19.0% in relation to September 2013.
 Loans originated in 3Q14 totaled R$1.5 billion, proof of the tremendous asset generation capacity of the commercial area.
 Loans rated between AA and B corresponded to 91% of the expanded credit portfolio, compared to 85% in September 2013.
Of the loans granted in the quarter, 99% were rated between AA and B, reflecting the Bank’s focus on preserving the quality of
its credit portfolio.
 The Corporate and Emerging Companies segments corresponded to 62% and 38%, respectively, of the expanded credit
portfolio, compared to 50% and 49%, respectively, in September 2013.
 Funding totaled R$4.2 billion, +1.2% in the quarter and +35.8% in twelve months. We are continuing to diversify our funding
mix, especially through the issue of agro notes (LCA) and a greater fragmentation of the depositor base, which reached an all-
time high of over 9,000 depositors at the end of the quarter (compared to 2,500 in September 2013), through alliances with
more than 40 brokers and distributors, which has also positively impacted our funding costs. Free Cash totaled R$717.3
million at the end of 3Q14.
 Income from services rendered and tariffs totaled R$15.3 million in 3Q14 and R$42.1 million in 9M14, growing 79.2% from
3Q13 and 101.7% from 9M13, chiefly driven by revenue from investment banking operations, whose fee revenue totaled
R$5.4 million in 3Q14 and R$16.2 million in 9M14.
 Reflecting the continuous cost control measures taken by the Bank, personnel expenses decreased 8.6% in the quarter and
3.0% from 3Q13, while administrative expenses increased 2.4% in the quarter and 5.6% from 3Q13, with the year-on-year
increase resulting from the investments made to upgrade our technological infrastructure.
 The quarterly Result was R$1.7 million. In recent years, we have shifted the Bank's focus to corporate and investment
banking, which provide opportunities for higher growth at a lower risk. Though the entire structure is in full operation, we have
not yet attained our revenue generation potential because: (i) of the need for economies of scale, considering our appetite for
risk and its direct impact on the spread in loan transactions, and (ii) the still negative contribution from Guide Investimentos on
account of the recent investments made in it.

4. 3,355
3,867 3,926 3,920 3,992
Sept 13* Dec 13 Mar 14 Jun 14 Sept 14
R$million
Loans and Financing in BRL Trade Finance
Guarantees Issued (L/G and L/C) Agricultural Bonds (CPR, CDA/WA and CDCA)
Private Credit Bonds (Debentures)
Expanded Credit Portfolio
4
Growth of 19% in twelve months
* Including credits from Banco BI&P which were assigned to Banco Intercap in 3Q13.
** Other Credits include Non-Operating Asset Sales Financing, Consumer Credit Vehicles, and Acquired Loans.
Average Exposure per Client
R$ million
Sept
2013
Jun
2014
Sept
2014
Corporate 9.2 11.2 10.9
Emerging Companies 3.2 3.0 3.0
50.2%
61.6%
49.0%
38.0%
0.8%
0.5%
Sept 13
Sept 14
Corporate Emerging Companies Other**

5. Expanded Credit Portfolio Development
5
Continuously focusing on higher quality assets
685 817 794 818 732
391
514 381
606 776
1,076
1,331
1,174
1,424 1,508
3Q13 4Q13 1Q14 2Q14 3Q14
R$million
Credit Origination
New Transactions Renewed Transactions
3,920 3,9921,508(1.356)
(68) (12)
Jun 14 Amortized
Credits
Credit
Exits
Write
offs
Credit
Origination
Sept 14
R$million
99% of the new transactions
in the last 12 months are
classified between AA and B

6. Expanded Credit Portfolio
6
* Starting from March 2014, export credit notes (NCE) and export notes (CCE) originated by Banco Intercap are included in Loans &
Financing in BRL, as well as NCE and CCE originated by Banco BI&P are classified.
Loans &
Financing
in BRL*
49%
Trade
Finance*
12%
BNDES
Onlendings
10%
Guarantees
Issued
6%
Agricultural
Bonds
21%
Private Credit
Bonds
1%
Other
1%
September 2013
11.7%
13.4%
12.5%
28.6%
27.5%
27.2%
26.0%
26.2%
26.9%
33.7%
33.0%
33.4%
Sept 13
Jun 14
Sept 14
Client Concentration
top 10 11 - 60 largest 61 - 160 largest Other
Loans &
Financing
in BRL*
52%
Trade
Finance*
13%
BNDES
Onlendings
5%
Guarantees
Issued
5%
Agricultural
Bonds
23%
Private Credit
Bonds
2%
September 2014

7. Expanded Credit Portfolio
7
Relevant exposure in agriculture
13.1%
1.5%
1.6%
1.7%
2.2%
2.3%
2.5%
2.6%
3.5%
3.9%
4.0%
4.4%
5.0%
7.0%
11.2%
11.2%
22.3%
Other Industries (% lower than 1.4%)
Raw Materials
Metal Industry
Financial Activities
Power Generation & Distribution
Textile, Leather and Confection
Chemical & Pharmaceutical
International Commerce
Infrastructure
Commerce - Retail & Wholesale
Transport and Logistics
Automotive
Livestock
Food & Beverage
Real Estate
Oil, Biofuel & Sugar
Agriculture
September 2014
11.1%
1.6%
1.8%
2.3%
2.4%
2.6%
2.6%
2.7%
3.4%
3.7%
3.7%
4.3%
4.4%
5.5%
7.5%
7.9%
8.7%
23.6%
Other Industries (% lower than 1.4%)
International Commerce
Financial Activities
Metal Industry
Education
Raw Materials
Chemical & Pharmaceutical
Textile, Leather and Confection
Power Generation & Distribution
Transport and Logistics
Commerce - Retail & Wholesale
Livestock
Infrastructure
Automotive
Oil, Biofuel & Sugar
Food & Beverage
Real Estate
Agriculture
September 2013

8. Agricultural Franchise
8
Specialization in the agricultural segment with low levels of loss
CPR &
CDA/WA
69%
Loans
19%
Trade Finance
11%
BNDES
Onlending
1%
Guarantees
Issued
0%
Products
Midwest
47%
Southeast
20%
South
17%
Northeast
(State of Bahia)
10%North
6%
Brazilian Regions
Agricultural Portfolio
by Cultivation
Amount
R$ thousand
%
Soybean 600,306 67.58%
Corn 92,972 10.47%
Cotton 91,677 10.32%
Coffee 51,969 5.85%
Orange 16,143 1.82%
Fertilizers 13,418 1.51%
Other 21,755 2.45%
Total 888,241 100.00%
More than R$3.2 billion in assets have
been generated over the past three years,
with a loss of 0.03% (annualized).
Position as of September 30, 2014

9. Net Interest Margin (NIM)
9
4.08% 3.99% 3.94%
4.43%
4.12%
3Q13 4Q13 1Q14 2Q14 3Q14
Managerial NIM with Clients
Managerial Net Interest Margin with Clients was 4.12% in 3Q14,
compared to 4.43% in 2Q14, impacted by the increased share of the
Corporate segment in the Bank’s loan portfolio.

10. Fees, Client Desk, IB and Brokerage Revenues
10
10.3
9.1
12.0
17.9
15.9
24.8
45.8
3Q13 4Q13 1Q14 2Q14 3Q14 9M13 9M14
R$million
Comercial Fee Client Desk IB Guide Investimentos
During the quarter, we carried out M&A and fixed income operations amounting
to R$1.1 billion, and the number of asset management proposals/mandates
has increased constantly; we currently have 42 ongoing mandates.
85%

11. Real Estate
Debenture 476
R$ 175 million
Investment Banking
11
Major IB deals in 9M14
Education
M&A Buy Side
R$ 676 million
Real Estate
CRI
R$ 31 million
Financial
Advisory
R$ 300 million
Telecom
Advisory
Retail, Publishing
& Services
Advisory
Real Estate
M&A Sell Side
Food
M&A Sell Side
Food*
M&A Sell Side
R$ 250 million
2ª Fase
1,487
16,224
9M13 9M14
R$thousand
Fees IB
* Pending approval from the Brazil's Council for Economic Defence (Cade).

12. * New Credit Policy: adopted since April 2011
Expanded Credit Portfolio Quality
12
99% of loans granted in the quarter were rated from AA to B
Credits rated between D and H totaled R$207.7 million
at the end of 3Q14:
 R$147.5 million (71% of the expanded credit portfolio
between D-H) in normal payment course;
 Only R$60.2 million overdue +60 days.
 Additional ALL not allocated balance = R$18.5 million2%
2%
2%
48%
57%
56%
35%
32%
33%
6%
4%
4%
9%
5%
5%
Sept 13
Jun 14
Sept 14
AA A B C D - H
90.8%
90.9%
85.0%
AA
2%
AA
1% AA
6%
A
56%
A
60%
A
5%
B
33%
B
34% B
21%
C
4%
C
2%
C
23%
D - H
5%
D - H
2%
D - H
46%
New Credit Policy* Clients Previous Credit Policy ClientsSeptember 2014

13. Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
Clients from Previous Credit Policy Total Clientes fro New Credit Policy*
Credit Portfolio Quality
* New Credit Policy: adopted since April 2011.
1 Managerial ALL Expense = ALL expenses + Discounts granted upon settlement of loans – Revenues from recovery of loans written off.
The last 12-month Managerial ALL Expense of Sept/13 and Dec/13 were highly influenced by the additional provision made in 2013.
12.4%
8.1%
15.0%
7.5%
5.3%
2.6% 1.9% 2.6% 1.8%
1.5%
0.6% 0.3% 0.4% 1.0% 1.1%
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
NPL 90 days / Credit Portfolio
14.0%
10.3%
15.2%
7.9%
6.4%
2.9% 2.3% 2.6% 2.0% 2.0%
0.6% 0.3% 0.5% 1.2% 1.5%
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
NPL 60 days / Credit Portfolio
13
0.80% 0.97% 1.10%
0.66%
1.45%
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
Quarterly Managerial ALL Expense 1
(annualized)
0.99% 0.87% 1.05%
Mar 14 Jun 14 Sept 14
Last 12-month
Managerial ALL Expense 1
1,07% for
credits from
new portfolio
0,62% for
credits from
new portfolio

14. Time
Deposits
(CDB)
23%
DPGE I
30%
LCA
19%
LF & LCI
3%
Interbank &
Demand
Deposits
2%
Onlendings
11%
Foreign
Borrowings
12%
September 2013
3,082
3,893 3,930
4,135 4,186
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
R$million
in Local Currency in Foreign Currency
Funding
14
Product mix helps with cost reduction
Time
Deposits
(CDB)
20%
DPGE I
22%
DPGE II
10%
LCA
33%
LF & LCI
3%
Interbank &
Demand
Deposits
2%
Onlendings
5%
Foreign
Borrowings
5%
September 2014
LCA and LCI account for
36% of funding volume

15. Guide Investimentos
15
Important alliances established by Guide in 2014:
AUM: R$500 million
14 independent investment advisors
1,320 Active Clients
AUM: R$300 million
8 independent investment advisors
702 Active Clients
AUM: R$600 million
43 independent investment advisors
1,080 Active Clients
In migration process
1.0
1.5
2.3
Jun 14 Sept 14 Dec 14 E*R$billion
Assets under Management (AUM)
Since the end of 2Q14, Guide Investimentos has risen
10 positions in the Bovespa ranking in terms of volume,
and in October entered the list of the 25 largest
brokerages in equity trading volume on the Bovespa
* Concluded the process of migration of client portfolio of the alliances established in 2014.

16. 21.5
27.1 24.5 22.8 20.8
10.6
14.2 11.8 11.0 11.2
373 374 381
349 332
0
50
100
150
200
250
300
350
400
450
-
10.00
20.00
30.00
40.00
50.00
60.00
3Q13 4Q13 1Q14 2Q14 3Q14 3Q13 4Q13 1Q14 2Q14 3Q14
R$million
Personnel and Administrative Expenses *
Personnel Expenses Administrative Expenses Headcount
Efficiency Ratio
16
• Personnel Expense: Headcount 5% lower in the
quarter and 11% lower when compared to 3Q13.
• Administrative Expense: +2.4% in the quarter and
+5.6 when compared to 3Q13, with the year-on-
year increase resulting from the investments
made to upgrade our technological infrastructure.
79.3%
98.3% 100.5%
72.6%
88.2%
3Q13 4Q13 1Q14 2Q14 3Q14
Efficiency Ratio *
* Information based on the managerial income statement of the financial conglomerate without Guide Investimentos.

17. Profitability
17
2.0
-10.0 -9.9
1.1 1.7
3Q13 4Q13 1Q14 2Q14 3Q14
R$million
Net Result
In recent years, we have shifted the Bank's focus to corporate and investment banking, which provide opportunities for
higher growth at a lower risk. Though the entire structure is in full operation, we have not yet attained our revenue
generation potential because:
• of the need for economies of scale, considering our appetite for risk and its direct impact on the spread in loan
transactions, and
• the negative contribution from Guide Investimentos on account of the recent investments made in it.
On the positive side, this quarter we had the non-recurring effect of the divestment of a fixed asset.

18. 574.5
674.2 667.1 671.4 672.8
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
R$million
Shareholders’ Equity
14.5% 14.8% 13.7% 13.3% 13.2%
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
Basel Index (Tier I)
5.7x 5.7x 5.9x 5.8x 5.9x
Sept 13 Dec 13 Mar 14 Jun 14 Sept 14
Leverage
Expanded Credit Portfolio / Equity
Capital Structure and Ratings
18
Agency Rating
Last
Report
Standard
& Poor’s
Global: BB-/Negative/B
National: brA /Negative/brA-2
Aug 2014
Moody’s
Global: B1/Stable/Not Prime
National: Baa2.br/Stable/BR-3
Sept 2014
Fitch
Ratings
National: BBB-/Stable/F3 Sept 2014
RiskBank
Index RiskBank: 9.83
Low Risk Short Term
Disclosure: Excellent
Oct 2014