Financial Report - Second Half 2021

During the second half of the year, the continuous improvement of the performance of all Banesco Citizens was a priority and we accompanied them with informative actions to reinforce Occupational Health and Safety; COVID-19 and its prevention. For this reason, we attended to the necessary variables to guarantee the work and the possibility of carrying out operations remotely. Today we can ensure that we are a Bank that allows its clients to operate from the comfort of their homes or offices; 98% of operations are carried out through our electronic and digital platforms. We have spent a great deal of time and effort developing the applications and adjustments necessary to satisfy the greatest number of needs of our clients, our regulators, and the Venezuelan market. During this period we registered an increase in the volume of deposits of liabilities of 120.25% compared to the closing of the previous semester. These deposits represent a market share of 8.38%, equivalent to an increase of 1.20 percentage points in relation to the month of June 2021. The gross loan portfolio amounted to Bs. 257.7 million, which translated into an increase of 100.2% compared to said period. During the last six months, the number of credit operations exceeded 312 million bolivars, with more than 770 operations settled. 80% of them come from the food sector, particularly from the agricultural segment. Regarding the microcredit portfolio, we obtained 7.0% compliance, exceeding the 3% required by current regulations for this type of operation. A significant effort was devoted to the implementation of the New Monetary Expression throughout our value chain and the promotion of operations in foreign currency, expressed in bolivars, mainly through the Green Account.