Investor Presentaiton

In addition, financial linkages with non-residents through the banking sector have diminished Credit to Non-residents by Local Banking System (% of total credit, end-period) Deposits by Non-residents in Local Banking System (% of total deposits, end-period) 20 20 16 12 8 0 50 50 40 40 2001 2018* (*) As of August Source: Central Bank of Uruguay 30 50 20 20 10 10 2001 2018* 15

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