Investor Presentaiton
Key investment highlights
BAYPORT
FINANCIAL SERVICES
Attractive, High-Growth Markets
ŷ Presence in 8 core countries (and South
Africa as an associate investment)
High-growth markets with avg. real GDP
growth of 4.1%¹ 2019-22E
ŷ Growing need for financial inclusion, with
over 33% of global working age population
without access to affordable financial
products and services²
Low Risk Model
High-quality customers (civil servants) and
strict affordability rules
ŷ At source deduction mitigates credit risk
Primarily funded in local currencies
NPL ratio4
2019: 4.8%
Cost of Risk5
2019: 2.2%
High and growing USD Returns
ŷ Strong margins and low credit losses
ŷ Consistent and proven growth profile over
18 year track record
ŷ Newer geographies continue to extract
operating leverage as they scale
Attractive Real GDP Growth Across Footprint¹
High and growing USD returns
Loan Split
64% Africa
Reported RoAE6
6.8%
5.7%5.9%
36% LatAm
6.2%
12.9%
16.6%
20.1%
3.6%.
3.6%
3.6% 4.0%
3.9%4.1%
4.4%
4.5%
3.6%3.5%
2.3%2.1%
2.9%
2.1%
2017 Adj.
Reported ROAA'
2018
2019
2.7%
4.0%
3.5%
Mexico
Zambia
Colombia Mozambique Botswana Tanzania
Ghana
Uganda
Global
2016-2018
8
2019-2022E
2017 Adj.
2018
2019
Regulated and SMART-certified³ with a demonstrated commitment to responsible finance
smart
1 IMF estimates for core markets (Colombia, Botswana, Mozambique, Tanzania, Uganda, Ghana, Mexico, and Zambia). 2 IMF, 'Accelerating Financial Inclusion with New Data report'. 3 In Botswana and Zambia branches. 4 Non Performing Loans / Gross
Loan Book for consolidated subsidiaries only. 5 Impairment on Financial Assets / Average Gross Loans Book for consolidated subsidiaries only. 6 Profit for the period from continued operations attributable to ordinary shareholders / Average
shareholder's equity. 7 Profit for the period from continued operations / Average total assets. 8 For details of adjustment, see appendix: "Decomposition of Financial Performance".
Strictly Private & Confidential
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