Annual Public Meeting withAnalysts & Investors

August 28, 2012

Disclaimer

This presentation may contain references and statements representing futureexpectations, plans of growth and future strategies of BI&P. These references andstatements are based on the Bank’s assumptions and analysis and reflect themanagement’s beliefs, according to their experience, to the economic environment andto predictable market conditions.

As there may be various factors out of the Bank’s control, there may be significantdifferences between the real results and the expectations and declarations herewitheventually anticipated. Those risks and uncertainties include, but are not limited to ourability to perceive the dimension of the Brazilian and global economic aspect, bankingdevelopment, financial market conditions, competitive, government and technologicalaspects 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 statementsavailable at the CVM website (www.cvm.gov.br) and at our Investor Relations page inthe internet (www.bip.b.br/ir) and the making of your own appraisal.

1

COMPANY PROFILE

3

Agency Risk Rating Last Report

Standard & Poor’sGlobal: BB/ Stable/ B

National: brA+/ Stable/ brA-1August 2012

FitchRatings National: BBB/ Stable/ F3 July 2012

Moody’s Global: Ba3/ Stable/ Not Prime

National: A2.br/ Stable/ BR-2November 2011

RiskBankIndex: 10,43

Low Risk Short TermJuly 2012

BI&P - Banco Indusval & Partners is a commercial bank listed at

Level 2 Corporate Governance of the BM&FBOVESPA, with over 40

years of experience in the financial market, focusing on local and

foreign currency corporate loan products. BI&P relies on a network

of 11 branches strategically located in economically relevant

Brazilian regions, including an offshore branch in Cayman Islands,

its brokerage firm operating at the São Paulo Stock, Commodities

and Futures Exchange - BM&FBOVESPA and Serglobal Cereais,

acquired in April 2011, which originates agricultural bonds.

45 years of partnerships and evolution

4

A history built on credibility

1967Brokerage Firm

establihed

1991 Authorized

to operate asa Bank

2003Merger with

BancoMultistock

2004Sale of

Consumer Credit Business

2006Opening of first

4 branches

2007IPO and

opening of 6 branches

2010 Strategic review

2011

2012Level 2

BM&FBOVESPA

CONTROLLING GROUP

ON = 56%PN = 2%

Total = 34%

FREE FLOAT

ON = 44%PN = 95%Total = 65%

Capital Structure

5

Position as of June 30, 2012

Jair Ribeiro

Antonio G. da Rocha

Luiz Masagão Ribeiro

Carlos Ciampolini

Manoel F. Cintra Treasury

PN = 3%Total = 1%

Warburg Pincus

ON = 13%PN = 45%

Total = 26%

Other

ON = 31%PN = 50%

Total = 39%

100.0%100.0%17.7%

Serglobal Cereais

23.8%

Brasil AgrosecSecuritizadora

BI&P Indusval & Partners

Corretora

Sertrading

Class Total capitalControlling

GroupManagement

Treasury Shares

Free Float

Common 36,945,649 20,743,333 277,307 - 15,925,009 43.1%

Preferred 26,160,044 609,226 60,125 734,515 24,756,178 94.6%

Total 63,105,693 21,352,559 337,432 734,515 40,681,187 64.5%

Capital breakdown

Controlling Group34%

Management1%

Treasury1%

Institutional Investors

14%

Foreign Investors

30%

Individuals20%

Shareholder Base

6

As of June, 30, 2012

7

Corporate Governance

Shareholders Meeting

Supervisory Board

Board of Directors

Remuneration Committee

Executive Board

Human resources Committee

Products Committee

IT and Information Safety Committee

Legal Committee

Internal Audit Committee

Compliance Committee

Credit Committee

Special Cases Committee

Committees strenghthen our Governance

Cash and ALCO Committee

Supervisory Board and Board of Directors

Supervisory Board• Francisco de Paulo dos Reis Junior | Sitting Member

• Jairo da Rocha Soares | Sitting Member

• João Verner Juenemann | Sitting Member

Board of Directors• Manoel Felix Cintra Neto | Chairman

• Carlos Ciampolini | Vice Chairman

• Antonio Geraldo da Rocha

• Jair Ribeiro da Silva Neto

• Luiz Masagão Ribeiro

• Alain J.P. Belda | Independent Member

• Alfredo de Goeye Junior | Independent Member

• Guilherme Affonso Ferreira | Independent Member

• Walter Iório | Independent Member

8

Experienced leaders

Jair Ribeiro

CEO

Luiz Masagão Ribeiro

CEO

Kátia Moroni

VP Trade Finance,

Funding,

Syndications &

Fin. Institutions

André Mesquita

VP Commercial,

Products & Structured

Finance

Gilberto Faiwichow

VP Treasury &

Investors Relations

Credit Risk Management

Jair Balma

Local Funding Officer

Claudio CusinCorporate

Eliezer R. da SilvaMiddle Market

Credit

Compliance & Internal Controls

(Operating Risk)

Accounting & Controlling

Administration

Information Technology

Legal

Human Resources & Marketing

Liquidty & Market Risk

Management

A strong executive teamExecutive Board

Branch network

10

• Headquartered in São Paulo

• 10 branches located in the highest economic potential regions

• 1 offshore branch

• 438 employees (Bank + Brokerage)

− 203 front office

− 235 middle & back office

Covering +80% of Brazilian GDP

STRATEGY

Strategy defined by our Vision...

12

To be an innovative bank with excellence incorporate credit and deep understanding ofour clients’ businesses and industries theyoperate, becoming also one of the leadingplayers of the high-growth Brazilian corporatebond market.

...And built over three pillars

13

PEOPLE CUSTOMERS PRODUCTS

• Our main intangible asset• New focus on better credit

profile customers• Stronger Products team

• The basis for the success of our strategy

• Commercial teams restructured• Profound knowledge of the

market variables

• Attraction of new professionals• Profound knowledge of the

customers activities and industry segments

• Expertise in the Bank’s target industry segments

• Corporate culture cosnolidation• Closer interaction with our

customers• Product and service portfolio

enhancement

• Motivating BI&P team• Expansion of business with

Corporate customers: X-sellingand more stable income flow

• Structured solution to meet specific customers’ needs

Middle Market: Companies with annual sales from R$40million to R$400 million

Corporate: Companies with annual sales ranging from R$400 million and R$2,0 billion

Aiming at growing based on quality assets and recurring income

Multiproduct OfferingProduct portfolio allows conquering new customers

14

THE SCENARIO AND OUR PERSPECTIVES

508696

788938

1.125 1.169

2007 2008 2009 2010 2011 mai/12

R$

bill

ion

Corporate Credit

Loan Agreements < R$100 tsdfrom R$100 tsd to R$10 millionLoan Agreements > R$10 million

9361.227

1.4141.706

2.030 2.16735,2%40,5%

44,4% 45,2%49,0% 50,6%

0

200

400

600

800

1.000

1.200

1.400

1.600

1.800

2.000

2.200

2.400

2.600

2.800

2007 2008 2009 2010 2011 jun/12

R$

bill

ion

Credit volume in the Financial SystemCredit/GDP (%)

Credit evolution in Brazil

16

Source: Banco Central do Brasil

Larger companies highlighted (loan agreements > R$10 mm)

*Annualized

• Credit/ GDP ratio exceeds 50%

• Individuals respond for 47% of total loans in the system, up 21% during 2011 and 16% in 1H12 annualized, with great influence of housing loans.

• Companies represent 53% of total credit, up 17% in 2011 and 12% 1H12 annualized, driven by free resources , specially working capital and loans granted with foreign funding.

• Credit Agreements with amounts above R$ 10 million, usually taken by larger companies, show a better growth both in 2011 and in 1H12.

Perspectives for Credit in Brazil

17

Worst moment for delinquency is likely to be overcomeBACEN data indicates improvement in he coming months

Interest rate relevant drop Delinquency ratio dropping, yet marginal(loans overdue from 15 to 90 days fall down)

0%

2%

4%

6%

8%

10%

jan

/0 8

jul/

08

jan

/0 9

jul/

09

jan

/1 0

jul/

10

jan

/1 1

jul/

11

jan

/1 2

jul/

12

-0,2%

0,0%

0,2%

0,4%

0,6%

0,8%

1,0%

1,2%

1,4%

jun

/10

set/

10

dez

/10

mar

/11

jun

/11

set/

11

dez

/11

mar

/12

jun

/12

set/

12

dez

/12

mar

/13

jun

/13

0%

2%

4%

6%

8%

ja…

jul… ja…

jul… ja…

jul… ja…

jul… ja…

jul… ja…

jul… ja…

jul…

Corp 15-90 days Corp > 90 days Ind 15-90 days Ind > 90 days

Source: Real interest rate 360 daysBM&FBovespa and Banco Central do Brasil

Source: Banco Central do Brasil

Source: IBGE and projections by BI&P Economic Dept.

Quartely GDP Projected GDP

18

5%

10%

15%

20%

25%

30%

35%

dez

/07

mar

/08

jun

/08

set/

08

dez

/08

mar

/09

jun

/09

set/

09

dez

/09

mar

/10

jun

/10

set/

10

dez

/10

mar

/11

jun

/11

set/

11

dez

/11

mar

/12

jun

/12

set/

12

dez

/12

mar

/13

jun

/13

Credit shall continue growing in the 17% to 20% range

Fonte: BACEN e projeções Depto. Econômico BI&P

Perspectives for Credit in Brazil

___ Annual Credit Growth ___ Most likely scenario

Taking such scenario into consideration...

• Better quality short term loan origination is prioritized.

• Fee income business increasing, also with the strengthening of the fixed income capital markets team.

• Focus in developing franchise value in specific productive chains is maintained.

• Funding mix effective management to support the credit portfolio growth.

• Capital management aims at monitoring and developing alternatives to maximize its utilization.

• Investments in systems, people and process reviewing are maintained to optimize resources and reduce costs.

19

OUR PERFORMANCE

2.1092.248

2.5342.759 2.807

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

Loans & Discounted Receivables in Reais Trade Finance

Guarantees Issued (L/G and L/C) Agricultural Bonds (CPR, CDA/WA and CDCA)

Private Credit Bonds (PNs and Debentures)

Expanded Credit PortfolioCautious growth under macroeconomic scenario

21

Expanded Credit Portfolio EvolutionQuality growth strategy maintained

414498

656 646517

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

New Transactions

22

2.5342.8071.163

(648)

(170) (72)

4Q11 Credits received and not renewed

Creditexits

Write offs

New transactions 2Q12

R$

mill

ion

98% of the transactiosn disbursed in 1H12

were rated from AA to B.

Expanded Credit Portfolio Breakdown by product group

Loans & Discounts

in Real54%

Trade Finance

16%

BNDES Onlendings

9%

Receivables acquired

from Customers

3%

Other1%

Guarantees Issued

6%

Agricultural Bonds10%

Private Credit Bonds

1%

Expansion of product line contributed to access

larger customers and allowed credit portfolio growth

specially with

• BNDES Onlendings , with the extension of credit

line, this portfolio reached R$260.8 million,

increasing by 12.9% in 2Q12 and 82.6% in 12

months, mainly in the Corporate segment.

• Guarantees and Letters of Credit issued totaled

R$175.8 million, growing 7.3% in 2Q12 and

156.6% in 12 months.

• Agricultural Bonds portfolio (CPRs and CDA/WAs,

classified as Marketable Securities, and CDCAs, in

the credit portfolio), amounted to R$267.0

million, up 16.2% in the quarter and 622.4% in 12

months.

• Private Credit Bonds portfolio (debentures)

totaled R$30.7 million, 20.2% above the amount

recorded in 1Q12.

23

• Agricultural bonds activity started in 1Q11, plays an

important role in our growing business strategy.

• Our agricultural bonds transactions are focused on

commodities financing, specially grains, cotton, sugar

cane and coffee.

• The expertise of our team combined with the support of

external specialists improve business opportunities

detection and risk mitigation. As an example, this

year’s drought in the Southern Region did not impact

payments in this portfolio.

• Our transactions count on instruments developed to

protect from commodity price fluctuations to minimize

risks.

37 52

129

230267

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

Agricultural Bonds

CPR Warrant (CDA/WA) CDCA

Agricultural Bonds PortfolioSpecializing in Agribusiness

Our agricultural bonds activity aims to follow the agribusiness growth in

Brazil and the great moment of the commodities market.

24

Expanded Credit PortfolioSignificant presence of Agribusiness and Food related activities

25

19%

16%

12%

5%5%5%

4%

4%

4%

4%

3%

3%

2%2%

2%1%

10%

Agribusiness

Food & Beverage

Civil Construction

Transportation & Logistics

Chemical & Pharmaceutical

Financial Services

Pulp & Paper

Automotive

Oil & Biofuel

Metal Industry

Textile, Apparel and Leather

Education

Power Generation & Distribution

Financial Institutions

Retail & Wholesale

Electronics

Other Industries (% lower than 1%)

1.604 1.593 1.572 1.5011.267

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

Middle Market

322 436641

8311.078

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

Corporate

Credit PortfolioStrategy for equilibrium between Corporate and Middle Market segment maintained

• Migration of customers managed by the

Middle Market team to Corporate,

responding for R$200 million outstanding

volume in 2Q12.

• Middle Market segment: 53% of Credit

Portfolio (63% in 1Q12), and 51% of

Expanded Credit Portfolio.

• Corporate clients: 45% of Credit Portfolio

(35% in 1Q12), and 47% of Expanded Credit

Portfolio.

• Average Exposure by Customer:

– Middle Market = R$2.2 million

– Corporate = R$6.9 million

companies with annual revenues between R$40 million and R$400 million

companies with annual revenues between R$400 million and R$2 billion

26

up to 90 days39%

91 to 180 days

19%

181 to 360 days

15%

+360 days27%

Maturity

Top 1018%

11 - 60 largest

32%

61 - 160 largest

25%

Other25%

Client Concentration

Credit Portfolio Exposure by client and term of transactions

• Top 60 borrowers remain at 50% of Credit Portfolio (49% in 2Q11)

• 73% of Credit Portfolio to mature up to 360 days

27

• 99.4% of the transactions disbursed in 2Q12 were classified between AA and B.

• Allowance for Loan Losses covers 176% of loans overdue more than 90 days.

• R$17 million of fully provisioned H rated loans were written off during the quarter.

6,8%6,3%

5,0%

3,2% 2,8%6,3%

4,1%4,7%

2,7% 2,6%

2Q11 3Q11 4Q11 1Q12 2Q12

NPL / Credit Portfolio

NPL 60 days NPL 90 days

Credit Portfolio QualityHigher quality of new transactions

28

2%

4%

6%

40%

39%

37%

28%

32%

34%

20%

17%

16%

10%

8%

8%

4Q11

1Q12

2Q12

Rating

AA A B C D - H

92.1%

91.8%

89.7%

Time deposits

(CDB)27%

Insured Time

Deposits (DPGE)

28%LCA12%

LF1%

Demand Deposits

1%

Interbank Deposits

5%

Foreign Borrowings

16%

Onlendings10%

Time Deposits (CDB & DPGE) are the main

sources of funding, however:

• Agribusiness Letters of Credit (LCAs)

increased by 12.2% in the quarter and

150.8% in 12 months, supported by the

agricultural bonds portfolio growth.

• Funding through Bank Notes (LFs) grew

from R$7.4 million in 2Q11 to R$30.6

million, and accounted for 1.1% of total

funding.

• 90% of foreign currency borrowings are

Trade Finance related .

FundingProduct mix helps cost reduction

2.230 2.420 2.533 2.736 2.755

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

in Real in Foreign Currency

29

Performance

• Financial intermediation income before ALL

expenses increases NIM, since there was no

material change in the balance of interest

bearing assets.

• The significant improvement in the Efficiency

Ratio keeps the trend started in 3Q11.

• The increasing pipeline of structured

transactions should contribute to improve our

efficiency through service fees.

• No significant headcount additions are

forecasted and internal processes are

continuously reviewed looking for optimizing,

excellence and cost reduction.

78,6%71,2%

77,6%

68,1%62,3%

78,6%

65,1%

2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12

Efficiency Ratio

3,7%4,6% 4,8% 4,9%

5,8%4,1%

5,3%

5,2%6,3% 6,6% 6,6%

7,7%

5,5%7,1%

2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12

NIM

NIM NIM(a) *

* NIM(a) adjusts remunerated average assets by repos with equivalent volumes, tenors and rates both in assets and liabilities.30

3,65,2

7,3

3,51,7 2,6

2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12

Return on Average Equity (ROAE) %

5,17,3

10,3

5,02,4

7,5

2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12

R$

mill

ion

Net Profit

-49.4

0,50,7

1,0

0,50,2 0,3

2Q11 3Q11 4Q11 1Q12 2Q12 1H11 1H12

Return on Average Assets (ROAA) %

ProfitabilityBottom line still reflects the risk of credit portfolio originatedbefore 2010

Bottom line absorbs allowance for loan losses

expenses amounting to R$22.6 million in the

quarter and R$37.0 million in 1H12 (R$103.2

million in 1H11).

31

-18.9 -2.5

566,5 577,5 577,1 590,5 582,4

2Q11 3Q11 4Q11 1Q12 2Q12

R$

mill

ion

Shareholders’ Equity

21,3% 21,1%18,2% 17,5% 17,0%

2Q11 3Q11 4Q11 1Q12* 2Q12

Basel Index (Tier I)

3,7x 3,9x4,4x 4,6x 4,8x

2Q11 3Q11 4Q11 1Q12 2Q12

LeverageExpanded Credit Portfolio /

Shareholders’ Equity

Capital StructureCapitalization and liquidity still allow healthygrowth

32* Operating risk calculation for 1Q12 was adjusted, increasing this risk allocation from R$8.2 million to R$20.2 million, with reduction in Basel Index in that quarter from 18.1% to 17.5%.

1.102

503359

682810

442 337

1.106

90 days 180 days 360 days +360 days

R$

mill

ion

Assets & Liabilities Management

Assets Liabilities

Share Performance

IDVL4 in 2Q12

Maximum Share Price in the period R$ 8.65

Minimum Share Price in the period R$ 6.21

Share Price on Mar 30, 2012 R$ 8.60

Share Price on Jun 29, 2012 R$ 6.69

Change in the period -22.2%

IBOVESPA Change in the period -15.7%

IDVL4

Average Daily Volume

- in June 2012 R$ 168,931

- in 2Q12 R$ 117,887

- in 12 months R$ 129,281

33

50

60

70

80

90

100

110

120

IBOVESPA IDVL4 IDVL4 adjusted for earnings

SUSTAINABILITY

Clients

Goals:

• To expand social and environmental performance of our customers;

• To development of social and environmental products - ABC Program - BNDES already deployed;

• Quality in business relationships.

Expectation:

• To contribute for the awareness of people and enterprises about the importance of the rational utilization of natural resources and of the respect towards the social environment and citizenship.

Credit restriction to companies:

• Using child labor, slavery or alike;

• With activities related to gambling and prostitution;

• Operating in the production or marketing of substances threatening health and safety of people, animals and plants.

Social & Environmental Policy applied to credit

Policy of Social and Environmental ResponsibilityEncouraging the adoption of responsible attitudes towards:

Social development, citizenship rescue and Environmental Respect

Business Sustainability

35

• Benefits: Safety, Health and Life Quality

• Training and Capabilities Development

• Scholarship Programs

• Trainee Program

• Leadership Development

• Policies and Code of Ethics

• Social Inclusion Initiatives

• Volunteer Program

• Social & Environmental awareness

• Sports Incentive

Sustainability and the Workforce

36

Sustainability and the Community

• Through partnerships with nongovernmental organizations, BI&P

invests in projects focused on education, culture, sports,

environment, entrepreneurship and income generation.

• The supported projects directly reach about 8,700 children, young

people and adults and indirectly reach 32,800 people, including

household members and community.

• Furthermore, Indusval Sustainability Institute is part of

RedEAmérica, an important network of institutes and foundations

that join private capital for grassroots development.

37

IN A NUTSHELL

39

We are consolidating our fundamentals

NEW CULTURE NEW STRUCTURE NEW POSITIONING

Strategic VisionStrong and experienced

management and teams

Deep knowledge of market variables and of our customers’

businesses

Development of edge and

expertise in certain business

chains

The new headquarters and

investments in technology and

systems provide more safety

and efficiency

Broader product offer, tailor-made to meet the needs of our customers and the industries

where they operate

Constant pursuit of innovation

and excellence

Solid policies and enhanced

operational procedures

Development of effective relationships with mid-sized and

large corporate customers

Highlights

40

BALANCE SHEET 2010 2011 1H12 1Q12 2Q12

Credit Portfolio 1,876.9 2,269.6 2,395.6 2,385.6 2,395.6

Middle Market 1,538.5 1,571.8 1,266.7 1,500.8 1,266.7

Corporate 256.5 641.3 1,078.0 830.6 1,078.0

Other 1 81.9 56.5 51.0 54.2 51.0

Expanded Credi t Portfolio 2 1,941.2 2,534.4 2,807.1 2,759.1 2,807.1

Total Assets 3,276.1 4,278.3 4,966.5 4,583.0 4,966.5

Shareholders Equity 426.4 577.1 582.4 590.5 582.4

RESULTS 2010 2011 1H12 1Q12 2Q12

Financial Intermediation before ALL 190.2 170.6 110.4 50.8 59.6

ALL Expenses 3 (49.0) (118.1) (37.0) (14.4) (22.6)

Service Fees 12.8 19.9 12.0 6.6 5.4

Personell and Operating Expenses (95.9) (122.1) (71.4) (35.9) (35.6)

Operating Result 41.6 (59.1) 15.3 9.3 6.0

Net Profit 29.0 (31.7) 7.5 5.0 2.4

Amounts in R$ million, unless otherwise stated

1 Including Consumer Credit, Acquired Loans and Non-Operating Assets Sale Financing2

Including Guarantees , Sureties, Leters of Credit, PN, debentures and agro bonds.3

Including complementary allowance for loan losses.

PERFORMANCE 2010 2011 1H12 1Q12 2Q12

Leverage (Credit portfolio/ Equity) 4.6x 4.4x 4.8x 4.7x 4.8x

Basel ratio 17.6% 18.2% 17.0% 17.5% 17.0%

Return on average Equity 6.8% -6.3% 2.6% 3.5% 1.7%

Adjusted Net Financial Margin 6.6% 4.3% 5.3% 4.9% 5.8%

Efficiency Ratio 60.1% 76.3% 65.1% 68.1% 62.3%

STOCK 2010 2011 1H12 1Q12 2Q12

Number of Shares in Free Float1 (in thousand) 40,466 62,359 62,371 62,371 62,371

IOE paid 25.1 27.8 - - -

IOE paid per Share (R$) 0.61 0.53 - - -

Price/ Book Value 0.75x 0.73x 0.72x 0.91x 0.72x

Market Capitalization 321.7 420.9 417.3 536.4 417.3

Highlights

41

1 Shares issued (-) Treasury Shares

Amounts in R$ million, unless otherwise stated

Gil Faiwichow

Treasury VP and IRO

Phone: (55 11) 3315-6821

E-mail: gfaiwichow@bip.b.br

Banco Indusval S/A

Rua Iguatemi, 151 – 6th floor

01451-011 São Paulo – SP – Brazil

Website: www.bip.b.br/ir

Maria Angela R. Valente

Head of IR

Phone: (55 11) 3315-6821

E-mail: mvalente@bip.b.br

Isabel Paiva e Sousa Oliveira

IR Manager

Phone: (55 11) 3315-6677

E-mail: ipoliveira@bip.b.br

Investor Relations Contact Information

42