June 2011 results

BancABC Half Year Financial Results 2011
17 August 2011

AGENDA
• Highlights
• Economic overview
• Financial review
• Operational overview
• Strategy and outlook

HIGHLIGHTS
Beki Moyo

Financial Highlights
4 BancABC Half Year Financial Results 2011
Total income increased
by 24 % to BWP311
million
Cost to income ratio
down to 72% from
77% in prior year
Operating expenses up
by 18%
Operating profit
increased by 48% to
BWP67 million
Pre-tax profit up by
84% to BWP63 million
Attributable profit to
shareholders increased
by 33% to BWP37
million
Basic earnings per
share improved by
33% to 25.9 thebe
from 19.5 thebe in
2010

Financial Highlights (cont’d)
Balance sheet grew
by 23% from BWP6
billion in Dec 2010 to
BWP7.4 billion
(US$1.1 billion)
Loans and advances
increased by 31%
from BWP3.1 billion
in Dec 2010 to BWP4
billion
Customer deposits
grew by 23% from
BWP4.9 billion in Dec
2010 to BWP6 billion
Net asset value per
share up from
BWP2.87 to BWP3.09
Return on average
equity was 17%
compared to 14% in
2010

Operational Highlights
Total retail branches
increased to 21 as
of now compared to
13 in June 2010
US $50 million line
of credit approved
by Afrexim board
Draw-down of IFC
convertible loan of
US$13.5m on 13th
May 2011
NPLs down from
9.4% in June 2010
to 5.5%

ECONOMIC OVERVIEW
Beki Moyo

Economic Overview
Multi-speed global economic recovery continuing amid
increasing risks
Increased Inflation
High oil &
food prices
Rising
demand
pressures

Economic Overview
9
increasing risks
Negative Surprises
Devastating
earthquake &
Tsunami in Japan
Unrest in the
MENA region –
war in Libya
Debt crisis in
Eurozone & US

Economic Overview
increasing risks
•Economic growth somewhat
subdued
•Unemployment remains high
•Worries over debt sustainability &
contagion effect

Economic Overview
increasing risks
•Capital inflows have been strong
•Currencies have appreciated
•Strong signs of overheating

Economic Overview
increasing risks
•Economic growth has been strong
•High commodity prices a boon to
regional countries
•Inflation pressures building

Looming Financial Crisis due to Identical
US - EU Debt Challenges
13
Economic Overview
US was downgraded by S&P from a top-notch
AAA rating to AA+
Fears of Eurozone debt crisis Spreading to Italy
& Spain – threat stability of €
Market jittery resulting in sell-off of risky assets
Investors have been seeking refuge in safe
havens – Gold, Swiss Franc, etc..
Developments similar to the start of the 2008-
2009 credit crisis

Economic Overview
GDP Growth by Region
3.4
1.1
0.4
3.9
8.4
4.8
-2
0
2
4
6
8
10
09 10 11 12 09 10 11 12 09 10 11 12 09 10 11 12 09 10 11 12 09 10 11 12
Advanced
Economies
Euro
Area
MENA
Developing
Asia
SSAGlobal
Economy
Economic
growth
uneven across
regions

13.9
14.0
15.6
16.8
21.5
24.0
27.7
32.5
37.1
39.5
44.0
65.2
66.2
103.4
107.0
0 20 40 60 80 100 120
Platinum
Diamond Price
Nickel
Rice
Coal
Gold
Oil
Aluminum
Soyabeans
Copper
Coffee (arabica)
Cotton (A-Index)
Palladium
Maize
Wheat
%
15
Commodity Prices
% Change Jun-10 to Jun-11

Economic Growth (%) & Size (USD m)
Economic growth from crisis induced slowdown is underway
Growth in most countries is fairly close to high levels of the mid-2000s
Botswana
15,644
Tanzania
23,739
Uganda
16,386
Kenya
35,787
Zambia
18,298
Mozambique
10,232
Zimbabwe
8,998
Malawi
5,637
Namibia
13,471
2
4
6
8
10
4 5 6 7 8 9
GDPGrowth2011(%)
GDP Growth 2010 (%)
Bubble Size= GDP Size in US$ m

Economic Overview - Inflation
-10
-5
0
5
10
15
20
J-09
F-09
M-09
A-09
M-09
J-09
J-09
A-09
S-09
O-09
N-09
D-09
J-10
F-10
M-10
A-10
M-10
J-10
J-10
A-10
S-10
O-10
N-10
D-10
J-11
F-11
M-11
A-11
M-11
J-11
SA
International food
prices have doubled
Fuel prices have
surged
Inflation pressures
are elevated

GDP, Deposits & Credit Per Capita
* As of Dec-10
0
1,000
2,000
3,000
4,000
5,000
6,000
7,000
Bots Moza Tanz Zamb Zimb
GDP/Capita 7,689 512 551 1,182 516
Deposits/Capita 3,515 161 150 274 179
Credit/Capita 1,868 128 99 131 129
US$
GDP/Capita
Deposits/Capita
Credit/Capita
Deposits/GDP % 43 37 28 21 35

Policy Interest Rates
Monetary
PolicyTightening
Monetary policies broadly accommodative except in Moz
15.5
15
11.5
10 10
9.5 9.5
14.5
14.5 13
11.5
14.5
15.5
16.5
5.8
11.2
5.6
6.1
2.9
5.2
4.3
14.1
15.9
15.6
8.3
6.6
8.3
7.8
0
5
10
15
Jun-08 Dec-08 Jun-09 Dec-09 Jun-10 Dec-10 Jun-11

Exchange Rate Movement vs. USD
Ex Rate vs USD: Appreciation (-) & Depreciation (+)
Appreciation vs USD Depreciation vs USD
-16 -12 -8 -4 0 4 8 12 16
BWP
ZAR
MZN
TZS
ZMK
-7.5
-11.2
-16.9
14.7
-6.1
%
YoY: Jun-10 to Jun-11
On annual basis the
following currencies
appreciated vs USD:
•MZN: 16.9%
•ZAR: 11.2%
•BWP: 7.5%
•ZMK: 6.1%
TZS depreciated vs USD
by 14.7%
Continued weakening of
TZS a major cause of
concern – imported
inflation

Exch. Rates Movement vs. Pula
DepreciationAppreciation
Jun-10 to Jun-11
85
90
95
100
105
110
115
120
125
130
EXRateIndex,Jun-10=100
24
7.5
-10.1
ZAR/BWP
MZN Appreciated
by 10% vs. BWP
TZS Depreciated
by 24% vs. BWP

Banking Sector Status as of Apr-11
8,181
5,312
8,976
4,957
3,716
6,516
3,718
6,283
3,470
2,601
3,627
2,997
4,162
1,946
2,097
40
50
60
70
80
90
100
4 7 10 13 16 19 22 25 28 31 34 37 40
Loans/DepositRatio,%
Number of Banks
Assets Deposits Loans
Tanzania
Zimbabwe
Zambia
Mozambique
Botswana
Bubble Size in US$ m

FINANCIAL REVIEW
Beki Moyo
23

Income Statement
24
BWP’000s H1-2011 % ∆ H1-2010 FY-2010
Net interest income 191,354 30% 146,815 297,845
Impairment of loans &
advances (25,821) -52% (16,996) (15,826)
Net interest income
after impairments 165,533 28% 129,819 282,019
Non interest income 145,678 20% 121,622 264,288
Total income 311,211 24% 251,441 546,307
Operating expenditure (244,025) -18% (205,967) (435,093)
Net income from
operations 67,186 48% 45,474 111,214
Share of (loss)/profits
of associates (4,547) 60% (11,479) (20,134)
Profit before tax 62,639 84% 33,995 91,080
Tax (23,529) -347% (5,269) (22,495)
Profit for the year 39,110 36% 28,726 68,585
Attributable to:
- Ordinary shareholders 37,242 33% 28,076 66,710
- Minorities 1,868 187% 650 1,875
Basic EPS 25.9 33% 19.5 46.3
Diluted EPS 24.6 26% 19.5 46.3
Performance primarily
driven by growth in net
interest income and non-
interest income
Impairments up due to loan
growth and downgrading of
security in Tanzania
Opex increased in line with
increased span of activity
However, cost to income
ratio down from 77% in
2010 to 72%

Income Statement (USD)
25
USD’000s H1-2011 % ∆ H1-2010 FY-2010
Net interest income 29,172 37% 21,241 43,873
Impairment of loans &
advances (3,936) -60% (2,459) (2,331)
Net interest income
after impairments 25,236 34% 18,782 41,542
Non interest income 22,208 26% 17,597 38,930
Total income 47,444 30% 36,379 80,472
Operating expenditure (37,201) -25% (29,800) (64,089)
Net income from
operations 10,243 56% 6,579 16,383
Share of (loss)/profits
of associates (693) 58% (1,661) (2,966)
Profit before tax 9,550 945 4,918 13,417
Tax (3,587) -371% (762) (3,314)
Profit for the year 5,963 43% 4,156 10,103
Attributable to:
- Ordinary shareholders 5,678 40% 4,062 9,827
- Minorities 285 203% 94 276
Basic EPS 3.9 39% 2.8 6.8
Diluted EPS 3.7 32% 2.8 6.8
Performance primarily driven
by growth in net interest
income and non-interest
income
Impairments up due to loan
growth and continued
impairment of security for
NPLs in Tanzania
Opex increased in line with
increased span of activity
However, cost to income ratio
down from 77% in 2010 to
72%

Attributable Profit Trends
26
Improvement in sustainable
earnings (NII, fees and
commissions)
Current period profitability
driven by:
• Higher net interest income from
better margins and higher asset
base
• Higher transactional and bond
trading income
Profitability was negated
by:
• Lower trading income in Zambia
and Mozambique
• Higher effective tax rate compared
to prior year

Income Statement – Segmental Analysis
27
Attributable Profit
BWP 000’s 2011 % Cont 2010 % Cont % change
BancABC Botswana 10,883 15% 11,147 25% -2%
BancABC Mozambique 7,823 11% 13,350 29% -41%
BancABC Tanzania 9,941 14% 5,893 13% 69%
BancABC Zambia 6,200 8% 7,547 17% -18%
BancABC Zimbabwe 38,422 52% 7,374 16% 421%
Banking operations 73,269 100% 45,311 100% 62%
Head Office (36,027) (17,235) -109%
TOTAL 37,242 28,076 33%

Income Statement – Segmental Analysis (USD)
28
Attributable Profit
USD 000’s 2011 % Cont 2010 % Cont % change
BancABC Botswana 1,659 15% 1,613 25% 3%
BancABC Mozambique 1,193 11% 1,932 29% -38%
BancABC Tanzania 1,515 14% 853 13% 78%
BancABC Zambia 946 8% 1,091 17% -13%
BancABC Zimbabwe 5,857 52% 1,067 16% 449%
Banking operations 11,170 100% 6,556 100% 70%
Head office (5,492) (2,494) -120%
TOTAL 5,678 4,062 40%

29
Total Income (BWP’000)
Jun-2011 Jun-2010
%
change Dec-2010
BancABC Botswana 48,460 38,296 27% 84,964
BancABC Mozambique 43,171 48,797 -12% 83,967
BancABC Tanzania 45,376 31,351 45% 67,855
BancABC Zambia 45,248 40,634 11% 91,564
BancABC Zimbabwe 112,478 59,484 89% 140,449
Banking operations 294,733 218,562 35% 468,799
Head office entities 16,478 32,879 -50% 77,508
TOTAL 311,211 251,441 24% 546,307
Strong growth in income other than for Mozambique and head office
entities

30
Total Income (BWP’000)
Wholesale Retail
Jun-2011 Jun-2010 Jun-2011 Jun-2010
BancABC Botswana 46,003 38,296 2,457 -
BancABC Mozambique 39,843 48,163 3,328 634
BancABC Tanzania 43,860 31,351 1,516 -
BancABC Zambia 41,578 40,634 3,670 -
BancABC Zimbabwe 88,029 53,868 24,449 5,616
Banking operations 259,313 212,312 35,420 6,250
Head office entities 16,478 32,879 - -
TOTAL 275,791 245,191 35,420 6,250
Income growth from both the retail and wholesale lines of business

Income Statement – Net Interest Income
31
Positive trend in net interest income
driven by better liquidity and
increased balance sheet size
Slight reduction in net interest
margins although still high at
6.5%
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
-
50,000
100,000
150,000
200,000
250,000
Jun-07 Jun-08 Jun-09 Jun-10 Jun-11
BWP'000
Net interest margin
Net int BWP'000 NIM before impairments NIM after impairments

Net interest margins by entity
32
Net Interest Margin Before Impairments Net Interest Margin After Impairments

33
Net Interest Income (BWP’000)
Jun-2011 Jun-2010
%
change Dec-2010
BancABC Botswana 29,870 23,076 29% 51,452
BancABC Mozambique 20,467 15,575 31% 29,057
BancABC Tanzania 24,577 22,416 10% 48,038
BancABC Zambia 38,064 32,512 17% 67,331
BancABC Zimbabwe 65,350 18,015 263% 57,443
Banking operations 178,328 111,594 60% 253,321
Head office entities 13,026 35,221 -63% 44,524
TOTAL 191,354 146,815 30% 297,845
Strong growth in NII other than from head office entities

Income Statement – Impairments & NPLs
34
Impairment and credit
loss ratios declined due to
improved credit risk
management processes
Tanzania net NPLs down
to 1.3% from 5.3% in
prior year due to increase
in provisions
Zimbabwe impairments
increased from an
increased book
Net NPLs now 1.9% from
2.9% in prior year

Income Statement – Non-Interest Income
35
Substantial growth in fees and commissions as customer transactions increased
Bond trading income also increased, but trading income down in Mozambique and Zambia
Zimbabwe and Tanzania were main contributors to growth in non-interest income

Income Statement – Cost to Income Ratio
36
Costs increased 18% YoY due to Retail banking expansion
However, growth in revenues more than increase in costs. Cost to income ratio is now trending downwards
Staff cost were BWP125 million (H1 10: BWP113 million)

Income Statement – Opex by entity
37

38
Operating expenses (BWP’000)
Wholesale Retail
Jun-2011 Jun-2010 Jun-2011 Jun-2010
BancABC Botswana 26,388 21,536 10,425 3,429
BancABC Mozambique 21,266 21,901 11,678 7,375
BancABC Tanzania 25,157 18,770 5,055 3,613
BancABC Zambia 36,158 31,388 2,889 1,699
Banking operations 153,489 137,545 47,340 21,485
Head office entities 39,402 41,638 3,794 5,299
TOTAL 192,891 179,183 51,134 26,784
Growth in costs mostly driven by expansion into the retail and SME
market segment

Balance Sheet
39
BWP '000s Jun 2011 Jun 2010 % change Dec 2010
Cash and short term funds 1,356,617 717,669 89% 999,338
Financial assets held for trading 1,030,839 1,423,014 -28% 1,117,827
Financial assets designated at fair value 84,135 4,133 >100% 79,139
Loans and advances 4,018,987 2,341,744 72% 3,078,110
Property and equipment 392,799 302,612 30% 330,218
Other assets 481,861 332,351 45% 406,809
TOTAL ASSETS 7,365,238 5,121,523 44% 6,011,441
Deposits 6,004,301 4,132,382 45% 4,907,045
Borrowed funds 682,839 471,634 45% 579,420
Other liabilities 208,610 81,101 157% 87,116
Total liabilities 6,895,750 4,685,117 47% 5,573,581
Equity attributable to ordinary shareholders 453,116 420,189 8% 422,337
Minority interest 16,372 16,217 1% 15,523
Total equity 469,488 436,406 8% 437,860
TOTAL EQUITY AND LIABILITIES 7,365,238 5,121,523 44% 6,011,441

Balance Sheet (USD)
40
USD '000s Jun 2011 Jun 2010
%
change Dec 2010
Cash and short term funds 207,562 101,514 104% 154,997
Financial assets held for trading 157,707 201,285 -22% 173,375
Financial assets designated at fair value 12,884 585 >100% 12,274
Loans and advances 614,905 331,240 86% 477,415
Property and equipment 60,098 42,805 40% 51,217
Other assets 73,725 47,012 57% 63,097
TOTAL ASSETS 1,126,881 724,441 56% 932,375
Deposits 918,658 584,525 57% 761,083
Borrowed funds 104,474 66,713 57% 89,868
Other liabilities 31,917 11,473 178% 13,512
Total liabilities 1,055,049 662,711 59% 864,463
Equity attributable to ordinary shareholders 69,327 59,436 17% 65,504
Minority interest 2,505 2,294 9% 2,408
Total equity 71,832 61,730 16% 67,912
TOTAL EQUITY AND LIABILITIES 1,126,881 724,441 56% 932,375

Balance Sheet – Overview
41
23% growth in balance
sheet during the last six
months from BWP6bn to
BWP7.4bn
Deposits up 23% during
the last six months
• Growth across all the markets
• Significant growth from
BancABC Zimbabwe
Loans and advances up
31% during the period
• Significant growth in
Zimbabwe
• Quality of the book has
improved - NPL ratio declined

Balance Sheet – Loans and Advances
42
BancABC Zimbabwe is largest
contributor to Group’s loan
book
Growth experienced in all
markets other than Tanzania

Balance Sheet – Segmental Analysis
43
Loans and advances (BWP’000)
Wholesale Retail
Jun-2011 Jun-2010 Jun-2011 Jun-2010
BancABC Botswana 825,315 663,344 14,490 -
BancABC Tanzania 418,976 475,622 22,277 899
BancABC Zambia 223,709 252,215 62,285 -
BancABC Zimbabwe 1,354,846 325,234 145,817 21,773
Banking operations 3,323,184 2,072,995 285,347 26,293
Head office entities 410,456 242,456 - -
TOTAL 3,733,640 2,315,451 285,347 26,293
Retail contribution has significantly grown in the last 12 months

Balance Sheet – Deposits
44
Growth in deposits
experienced across the
footprint
Funds raised predominantly
used to fund loans & advances
and short-term placements
Botswana still largest
contributor to Group deposits
Zimbabwe has second largest
contribution

Balance Sheet – Segmental Analysis
45
Deposits (BWP’000)
Wholesale Retail
Jun-2011 Jun-2010 Jun-2011 Jun-2010
BancABC Botswana 1,929,167 1,769,212 55,079 -
BancABC Tanzania 972,753 761,395 14,796 3,375
BancABC Zambia 375,629 253,980 18,229 -
Banking operations 5,090,794 4,084,530 913,507 46,052
Head office entities - 1,800 - -
TOTAL 5,090,794 4,086,330 913,507 46,052
Retail now contributing 15% of total deposits (June 2010: 1%)

Balance Sheet – Capital Adequacy
46
Total Equity (BWP m) Capital Adequacy Ratio
Subsidiary 2011 2010 Min 2011 2010
BancABC Botswana 173 166 15% 20% 22%
BancABC Mozambique 177 135 8% 22% 18%
BancABC Tanzania 132 133 12% 15% 14%
BancABC Zambia 89 83 10% 21% 30%
BancABC Zimbabwe 216 113 10% 15% 14%
All entities are adequately capitalised

OPERATIONAL OVERVIEW
Francis Dzanya
47

Operations Summary
› 21 Retail branches as of now
› Staff compliment now
48
Botswana Mozambique Tanzania Zambia Zimbabwe
Square
Fairgrounds
Francistown
Maputo
Beira
Matola
Tete
Chimoio
Upanga
Kariako
Sinza (agency)
Pyramid Plaza
Lumumba
Kitwe
Ndola
Mount Pleasant
Heritage
Abercorn
Mutare
Chiredzi
Kwekwe
ABCH Group
736 Employees
Botswana
BancABC
Botswana
118 Employees
Mozambique
BancABC
Mozambique
103 Employees
Tanzania
BancABC
Tanzania
92 Employees
Zambia
BancABC
Zambia
152 Employees
Zimbabwe
BancABC
Zimbabwe
219 Employees
South Africa
100% 100% 94% 100% 100%
BancABC South
Africa
52 Employees
100%

Operations Summary
Retail rollout continuing with a
target of at least 30 branches by
year-end for the Group
• Technology has been a challenge slowing
down implementation
• Issues being addressed and rollout of key
functionality to continue
In-roads made into the
wholesale market in all markets
and microfinance in Zambia
Significant reduction in
Microfin rates following
introduction of 48 months
loans

Operations Overview – Head Count
50
Total head count in 2011 of 736 vs 612 in June 2010
Growth in staff numbers in last 12 months due to retail expansion

Botswana Highlights
51 BancABC Full Year Financial Results 2010
• Revenue increased significantly by
27%:
• Net interest income up 29% -
stable margins and increased
interest earning assets
• Non-interest income up 18% -
higher transaction and trading
income
• Opex up 47% from increased activity
around retail expansion
• Tax optimisation measures reduced
overall tax bill shielding impact of
higher costs on profitability
PAT flat at
BWP11 million
• Customer deposits increased 1%
since Dec 2010 to BWP2 billion;
• loans and advances increased 6%
since Dec 2010 to BWP0.8 billion
Balance sheet
increased 9%

Mozambique Highlights
52
• Total income down 12%:
• Net interest income up 31% -
improved margins and
increased interest earning
assets
• However, non-interest income
down 27% - lower foreign
exchange trading income due
to lower margins and volumes
• Opex up 13% from increased
activity around retail expansion
PAT of BWP8m,
41% lower than
prior year
• Deposits up 17% since Dec 2010
to BWP1 billion
• Loans and advances increased by
27% since Dec 2010 to BWP0.5
billion
Total Balance
Sheet up 24%

Tanzania Highlights
53
• Net interest income up 10%
owing to higher balance sheet
• Non-interest income increased by
72% - bond trading income major
driver of growth
• However, impairments up 17% to
BWP11.5 million
• Total income therefore only 45%
ahead of prior year
• Opex increased by 35% -
expansion into Retail and SME
segment
Attributable profit of
BWP10 million, 69%
ahead of prior year
• Deposits up 24% since Dec 2010
to BWP1 billion
• Loan book declined 1% since Dec
2010 to BWP0.4 billion – efforts
focused more into stabilisation of
book to control NPLs
• Funds raised mostly invested in
money market investments
Balance sheet
remained highly
liquid and grew by
19% since Dec 2010

Zambia Highlights
54
• Total income up 11% driven
primarily by growth in the
microfinance net interest income
• NII increased by 17% - growth
driven by introduction of new
microfinance products and
restructuring of the existing ones
• Wholesale banking division
business growth subdued
• Opex increased 18% from retail
footprint expansion
PAT of BWP6 million
down 18% from
prior year
• Deposits increased 56% since
Dec 2010 to BWP0.4 billion on
back of improved market
confidence in the bank
• Loan book grew in the
microfinance division but was
down on wholesale – overall
growth 23% since Dec 2010 to
BWP0.3 billion
Balance sheet now
more liquid

Zimbabwe Highlights
55
• Net interest income grew 3.5 times on back of similar
growth in loans and advances
• Non-interest income up 29% from increased
transactions
• Portfolio impairments up from BWP1 million to BWP8
million in the current period – loan book growth
• Opex increased 25% due to continued expansion into
the retail space
• Deposits increased 57% since Dec 2010 to BWP1.7
billion
• Loans and advances increased 68% since Dec 2010 to
BWP1.5 billion
PAT up 5 fold to BWP38 million
Balance sheet continues growing
significantly

Zimbabwe: Share of Loans by
Banking Institution
56
22-
Smaller
Banks
49%
CBZ 26%
SCB 8%
Stanbic
8%
BBZ 2%
ABC 7%
5-Largest
Banks
51%
Share of Loans as of Jun-10
22-
Smaller
Banks
52%
CBZ 25%
SCB 6%
Stanbic
5%
BBZ 2%
ABC 10%
5-Largest
Banks
47%
Share of Loans as of Jun-11

Zimbabwe: Share of Deposit as of Jun-10
57
22- Smaller
Banks
44%
CBZ
21%
SCB
10%
Stanbic
12%
BBZ
7%
ABC
6%
5-Largest Banks
56%

Zimbabwe: Share of Deposit as of Jun-11
22- Smaller
Banks
40%
CBZ 22%
SCB 8%
Stanbic 11%
BBZ 6%
ABC 11%
5-Largest Banks
59%

Zimbabwe: Banks’ Capitalization
Status as of 30 June 2011
59
1.0
2.8
13.4
13.6
13.7
16.6
18.2
18.3
18.5
18.5
21.8
30.1
31.0
32.0
44.3
51.6
CBZStanchart
Barclays
Stanbic
BancABC
ZBFBC
NMB
Interfin
Metbank
Agribank
MBCA
Trust
Kingdom
TN
Royal

STRATEGY AND OUTLOOK
Francis Dzanya

Short to medium term objectives
61
Grow the microfinance
book in Zambia
Open additional
branches across the
footprint
Additional capital
required in all
subsidiaries, but
BancABC Zimbabwe
and BancABC Tanzania
are priority
Private placement route
to raise additional tier I
capital being explored

Dividend declaration
62
As per Group dividend policy, an interim gross
dividend of 6.8 thebe per share to be paid out on
16th September 2011 to shareholders on register on
2nd September 2011

Outlook
63 BancABC Full Year Financial Results 2010
Short-term prognosis
points to a tough banking
environment
• Sovereign debt problems in EU
and US
• Increasing competition
However, countries we
operate in relatively
stable politically and
economically
These markets are
growing and new
opportunities exist
Medium term outlook
positive for Group

THANK YOU

June 2011 results

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June 2011 results