Institutional Presentation 2Q18 - itau.co. Corporate... · (6) See “Efficiency Ratio” slides in this presentation for criteria. ... 2- Controladoria-Geral da União (CGU) Total

June 2018

Itaú Colombia Institutional Presentation 2Q18

| 2 |

Itaú Colombia | Who we are

Source: Itaú CorpBanca Colombia 1- Since April 2016 Itaú Unibanco increased it´s participation by 2.48%, percentage sold by the Saieh Family according to what was established in the Shareholder´s Agreement. 2- Includes 182,125,023 shares owned by Cia. Inmobiliaria and Inversiones Saga S.A that are under custody. 3- Itaú (Panama) has international license.

Itaú

CorpBanca

Itaú CorpBanca

Colombia

CorpGroup Helm Minority

66.28% 12.36% 20.82% 0.54%

Itaú Fiduciaria Itaú Securities

Services

Itaú

Comisionista

de Bolsa

Itaú (Panamá)3

Itaú Corredor

de Seguros

94.0% 94.5% 95.0% 100%

Itaú Casa de

Valores

(Panamá)

100%

Itaú

Unibanco

Saieh Family 2

IFC

Others

36.06%

30.65%

3.32%

29.97%

80.0%

1

We maintain the group’s structure with Itaú CorpBanca in Chile as our parent company and Itaú in Brazil as controlling shareholder.

| 3 |

Employees: 1,720

Branches + CSBs: 87

ATMs: 178

Argentina

Employees: 5,988

Branches + CSBs: 199

ATMs: 466

Chile

Employees: 86,144

Branches + CSBs: 4,388

ATMs: 46,463

Brazil

Colombia¹

Employees: 3,536

Branches + CSB: 163

ATMs: 174

Employees: 1,112

Branches +CSBs: 27

Points of Service OCA: 35

ATMs: 62

Uruguay

CIB

Minorista

Mexico | CIB

Employees: 8

1- Considers employees and branches from Panama

Employees: 837

Branches + CSBs: 40

ATMs: 307

Non-bank Correspondents: 57

Paraguay

Peru

Representative

Office

Panama

Itaú Unibanco | Retail footprint in Latin America June 2018

| 4 |

Leading position in Brazil

(*) Includes the consolidation of Citibank in the 4Q17. (1) Includes financial guarantees provided. (2) Represents Net Income adjusted for certain non recurring events described in the 1Q18 MD&A – Executive Summary. (3) Represents Net Income adjusted for certain non recurring events described in the 1Q18 MD&A – Executive Summary. (4) Calculated using Recurring Net Income / Average Equity. For annualized calculation method, please refer to Historical Series Spreadsheet. (5) Calculated using Recurring Net Income / Average Equity. For annualized calculation method, please refer to the 1Q18 MD&A – Executive Summary. (6) See “Efficiency Ratio” slides in this presentation for criteria.

• US$67.6 billion market cap1

• 99,914 employees in Brazil and abroad

• 4,904 branches and CSBs in Brazil and abroad

• 47,650 ATMs in Brazil and abroad

• Brazilian multinational bank

• Major provider of finance for the expansion of Brazilian companies

• In 2017 Itaú Unibanco was elected the The Best Company in People

Management (by “Valor Carreira” magazine) and also recognized as a pro-ethics

company (Pró-Ética), an initiative between the Office of the Comptroller General2

with the private sector, which encourages the voluntary adoption of integrity

measures and corruption prevention in the business sector, being the only

financial institution among the companies approved.

Global Footprint of Brazil’s Top Private Sector Bank | Jun. 30, 2018

Financial Highlights and Ratios As of and for the quarter ended June 2018

Exchange rate of BRL 3,8758 / USD as of June 30, 2018 1- As of June 30, 2018. Source: Economatica. 2- Controladoria-Geral da União (CGU)

Total Assets (*)

Total Loans (1)

Stockholders’ Equity

Recurring Net Income 2017 (2) (*)

Recurring Net Income 2Q18(3) (*)

Long Term Foreign Currency

Recurring ROE 2017(4) (*)

Recurring ROE 2Q18(5) (*)

Efficiency Ratio 2017(6)

Efficiency Ratio 2Q18(6)

Highlights

Financial Ratios

(Itaú Unibanco Holding)

Common Equity Tier I

Liquidity Coverage Ratio

USD 398.1 Bn

USD 160.8 Bn

USD 31.4 Bn

USD 6.4 Bn

USD 1.7 Bn

Moody’s: Ba3

Fitch BB

S&P BB-

21.8%

21.6%

46.4%

47.1%

15.1%

169%

Itaú Unibanco | At a glance

| 5 |

Assets 2 USD 34.5 Bn USD 44.9 MM

Loans 2 USD 24.8 Bn USD 32.4 Bn

Market share 10.5% 2

Headcount 2 5,822 4 9,355

Branches 2 200 363

Recurring Net

Income 2Q18 USD 97 MM USD 99 MM

Recurring

RoTAE 2Q18 5 16.9% 13.7%

Sources: Itaú CorpBanca, SBIF and SFC

1 - Ranking for assets and loans consider Grupo Aval as the combination of Banco de Bogotá, Occidente, Popular, AV Villas; 2 - Consolidated information as ofJune 30, 2018; 3- Figures were converted at an exchange rate of 653.02 CLP/USD; 4 - Includes headcount of our New York branch and since 1Q18 also from our RepOffices in Lima and Madrid; 5 - Tangible Equity: Shareholders equity net of goodwill, intangibles from business combination and related deferred tax liabilities.

Regional footprint & main indicators 2 3

We are the 4th largest private bank in Chile and the 6th1 banking group in Colombia

Itaú CorpBanca | Highlights

| 6 |

4

(US$ Bn)

US$ Bn US$ Bn

Santander

Citibank

Caixa

Bradesco3

Banco del Estado de Chile

Banco do Brasil

BBVA

Scotiabank

1

2

3

4

5

6

7

8

9

Banco del Estado de Chile

Scotiabank

BCI

Santander

BBVA

Itaú LatAm6

1

2

3

5

6

7 Grupo Aval

Bancolombia

Itaú CorpBanca4

8

Itaú CorpBanca represents 24%

of Itaú Unibanco’s consolidated

loan portfolio7

Itaú Unibanco2

Banks by Assets in Latin America 1

Itaú CorpBanca4

Banco de Chile

Banks by Assets in South America (ex-Brazil) 5

Loan Portfolio as of Jun-18

15

Itaú Unibanco’s

Loan Portfolio

Itaú CorpBanca’s

Loan Portfolio

134.3

32.4

48

61

80

98

194

375

376

385

430

461

10

9

48

52

55

55

55

58

61

61

85

86

1 - Data as of March 31, 2018. Includes Brazil, México, Colombia, Chile, Argentina, Paraguay, Perú and Uruguay; 2 - Includes Brazil, México, Argentina, Perú, Uruguay, Paraguay, Chile y Colombia; 3 - In September 30, 2016 Bradesco begins to consolidate HSBC Brazil in its publication; 4 - Includes Chile and Colombia (Itaú CorpBanca Chile with ~ US$37MMM in assets); 5 - Data as of March 31, 2018. Includes Colombia, Chile, Argentina, Paraguay, Perú and Uruguay; 6 - Includes Colombia, Chile, Argentina, Paraguay, Perú and Uruguay; 7 - Considering the consolidated loan portfolios of Itaú Unibanco and Itaú CorpBanca reported in their respective 2Q18 MD&As and a R$ 3.8617 / US$ and Ch$ 653.02 / US$ foreign exchange rates as of 30.06.2018; 8 – As of June 30, 2018, Itaú Unibanco held a 36.06% equity stake in Itaú CorpBanca but as the controlling shareholder, fully consolidates Itaú CorpBanca’s Financial Statements. Source: Central Banks, local regulators, companies filings, Itaú CorpBanca

Itaú CorpBanca is currently the 4th largest private bank in Chile. The merger positions Itaú CorpBanca and Itaú LatAm as the 10th and 4th largest bank in terms of assets within South America (ex-Brazil)

Itaú CorpBanca | Increases Relevance Across Latin America

| 7 |

1- For Itaú CorpBanca and BCI consider shareholders equity net of goodwill and intangibles from business combination

Price-to-Book 1

Shareholders & Stock Market

US$ 5.4 Bn

Buy: 2

Hold: 7

Sell: 2

Sell-side rating:

Market Cap: ( Ago. 7, 2018)

ITAÚ CORPBANCA Total shares: 512,406,760,091 (100%)

Itaú

Unibanco

36.06%

Saieh

Family 1

30.65%

IFC

3.32%

Others

29.97%

July 31, 2018 Shareholders - % Total share capital

Securities Brokerage 10.62%

ADRs holders and Foreign Investorss 7.97%

Asset Managers 3.67%

Santo Domingo Group 1.92%

Insurance Companies 1.01%

AFPs 0.86%

Other minority shareholders 3.92%

1- Includes 182,125,023 shares owned by Cia. Inmobiliaria y de

Inversiones Saga SpA that are under custody

Itaú CorpBanca | Shareholders Structure After Merger

| 8 | 1- Itaú Unibanco and CorpGroup appoint the majority of the members of the board of directors; 2- Pursuant to the Shareholders Agreement, the Directors appointed by Itaú Unibanco and CorpGroup shall vote together as a single block according to Itaú Unibanco’s recommendation. 3- Responsible for the technological integration process in Colombia

Board Chile

Itaú CorpBanca CEO

Milton Maluhy

CFO

Gabriel

Moura

CRO

Mauricio

Baeza

Treasury

Pedro

Silva

Marketing &

Products

Rogério

Braga

Colombia

Álvaro

Pimentel

Wholesale

Christian

Tauber

Retail

Julián

Acuña

Human

Resources

Marcela

Jiménez

Legal &

Compliance

Cristián

Toro

IT

Luis

Rodrigues

Itaú CorpBanca Colombia CEO

Álvaro Pimentel

CFO

María C.

Vandame

CRO

Juan Ignacio

Castro

Treasury

Derek

Sassoon

Communic.

& Institut. Relat.

Carolina

Velasco

Wholesale

Jorge

Villa

Retail

Hernando

Osorio

Human

Resources

María Lucía

Ospina

Legal & General

Secretary

Dolly Murcia

Operations

Liliana

Suárez

IT

Lilian

Barrios

Board Colombia

Chairman

Milton Maluhy

Chairman

Jorge Andrés Saieh Guzmán

Board Chile 1 2 Board Colombia

Chairman

Milton Maluhy

Ricardo Villela Marino

Eduardo Mazzilli de Vassimon

Boris Buvinic Guerovich

Andrés Bucher Cepeda

Pedro Samhan Escandar

Roberto Brigard Holguín

Luis Fernando Martínez Lema

Carmiña Ferro Iriarte

Rafael Pardo Soto

Juan Echeverría González

Gabriel Moura

Rogério Braga

Mónica Aparicio Smith

Matrix reporting to CEO

Colombia and functional

reporting to ITCB

Functional reporting to CEO

Colombia and matrix reporting to

ITCB for coordination of specific

themes

Franchise, Products

& Digital

Luciana

Hildebrandi

3

Fernando Concha Ureta

Jorge Selume Zaror

Fernando Aguad Dagach

Gustavo Arriagada Morales

Bernard Pasquier

Audit Comitee

CAE

Emerson Bastián

Operations

Jorge

Novis

Itaú CorpBanca | Strong and integrated Corporate Governance

| 9 |

Source: Superintendencia Financiera & Itaú CorpBanca Colombia, Exchange rate of COP 2930,80 per 1 USD as of June 30, 2018 1- Includes cities and major municipalities 2- Depuration in the number of accounts due to the technologic migration process.

Itaú Colombia’s Footprint as of June 30, 2018

USD$ 10BN

USD$ 7BN

3.484

Gross Loans

Assets

Employees #

ATMs #

174

443 M Clients# 2

Branches #

163

MS: 4,9%

#Player: 7 by assets

TIER I: 9,2%

Total Capital Ratio: 13,7%

NPLs 30-days: 4,0%

Net Inc. FY17: USD -41,4 MM

Net Inc. 2Q18: USD -6,1 MM

Bank #7 in Colombia, with presence in 30 locations in Colombia 1 and one in Panama

Itaú CorpBanca | Highlights

| 10 |

Source: Itaú CorpBanca Colombia

Sustainable performance in the long term

2016 2017 2018

Change of strategy for the IT integration

Liquidity and Market risks alignment

Gradual reduction in the market-risk limits

Implementation of operational-risk standards

Beginning of Wholesale Loan Portfolio revision

Completion of IT migration

Digital strategy

Reorientation of Retail Banking

Customer Service Quality

Culture phase II

Reorientation of financial results

Incorporation of Corporación Financiera Itaú BBA (people and assets)

Introduction of the Itaú Brand

Beginning of technological migration

Wholesale-Credit project

Restructuring of the Retail-Credit area

Beginning of Retail Loan Portfolio revision

Creation of Franchise, Products & Digital

Evaluation of products and businesses

Creation of the Commission of Capital

Culture phase I

Itaú Colombia | Accomplishments

The Bank continues with its plan of implementation of Itaú’s model in Colombia. Successfully completes the milestones set for 2017.

| 11 |

Source: Itaú CorpBanca Colombia,

01 Individuals

100% of clients migrated

Service and software stable at branches

Contact Center’s key indicators with

positive balance

Total of 282.427 clients migrated

02 Companies

100% of clients migrated

Software and customer service stable

Confirming successfully implemented

Total of 24.658 clients migrated

Itaú Colombia | IT integration: migration stages

Since January 22 ,100% of the branches are branded Itaú, getting ahead of the set schedule

| 12 |

Source: Macroeconomic Studies Itaú CorpBanca Colombia & Superintendencia Financiera

1- 12-month growth

Colombia | Macroeconomic outlook

Itaú Colombia continues to move forward successfully in it’s integration process despite a low-growth scenario for the country and a downgrade of the sovereign rating by S&P

4.75

5.75

6.50

7.50 7.75

7.50 7.00

5.75 5.25

4.75 4.50

4.25

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18

5.0 5.4

4.3

5.2 4.8

5.4

4.7

3.8 3.2 3.4

6.1

2.7

3.3 3.4

2.5 2.5

1.2 1.7

1.3 1.2

2.0 1.8 2.2

2.8

Sep-15 Dec-15 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18

Financial Total

13.21

12.1 9.1

12.2 11.1 11.0 10.3 6.1 6.0 5.0

18.76

11.5

18.2 22.9

37.3

52.5 50.0

45.5

31.7

23.5

Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18

Gross Due

8.0 8.6

7.3

5.8

4.7 4.0 4.0 4.1

3.1

3.2

Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18

Target 2% - 4%

Central Bank Rate (%)

GDP growth1 (%)

Inflation (y/y) (%)

Nominal growth of the Banking System’s Loans1 (%)

| 13 |

Source: Superintendencia Financiera & Itaú CorpBanca Colombia

1- NIM Loans Interest – Deposits Interest expenses / Gross Loans. Includes the cost of bonds, rediscounted loans and foreign currency loans. Annualized monthly NIM

Itaú Colombia | Net Interest Margin

The Bank’s NIM maintains it’s recovery trend

NIM1 (%)

Loans and Deposits Implicit Rates (%)

2016 average NIM 4,0 2017 average NIM 4,6 2018 average NIM 5,1

10,6

5,7 6,2

4,3

3,4

3.39 3.40 4.07 4.20 4.09 4.16 4.41 4.72

4.01 4.40 4.51 4.57 4.81 4.78 4.43

5.02 4.95 5.03 4.70 4.96 5.02 5.20 5.70 5.27

7.50 7.75 7.75 7.75 7.75 7.50 7.50 7.25 7.00 7.00

6.25 6.25 5.50 5.50 5.25

5.00 4.75 4.75 4.50 4.50 4.50 4.25 4.25 4.25

0716 0816 0916 1016 1116 1216 0117 0217 0317 0417 0517 0617 0717 0817 0917 1017 1117 1217 0118 0218 0318 0418 0518 0618

NIM CenBank Rate

3%

4%

5%

6%

7%

8%

9%

10%

11%

12%

13%

0716 0816 0916 1016 1116 1216 0117 0217 0317 0417 0517 0617 0717 0817 0917 1017 1117 1217 0118 0218 0318 0418 0518 0618

Loans Bonds TDs CenBank Savings

| 14 |

Source: Superintendencia Financiera & Itaú CorpBanca Colombia. Exchange rate of COP 2930,80 per 1 USD as of June 30, 2018

Itaú Colombia | Funding evolution

The Bank maintains it’s structural funding and increases the average duration of the TDs

Funding Mix (%)

TDs by duration (%, USD Billion)

Less than

6 months

From 6 months and

less than 12 months

From 12 months and

less than 18 months

18 months

or more

8 8 8 8 7 8 8 8 7

36 30 28 27 31 31 29 29 27

49 53 51 53 50 50 51 53 53

8 10 12 12 12 11 11 10 13

Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18

Bonds

TDs

Savings

Checking

$10.8 $10.1 $153.5

11%

17%

19%

53%

Jun-17

13%

20%

18%

49%

Jun-18

16%

19%

16%

49%

Banks Jun-18

| 16 |

Source: Itaú CorpBanca Colombia. Exchange rate of COP 2930,80 per 1 USD as of June 30, 2018

1- Funding: Savings and Checking accounts, Term Deposit and Bonds

Itaú Colombia | Liquidity Management under Basel III standards

Continues with a strong liquidity management maintaining an LCR (Liquid Coverage Ratio) above 100%

Liquid Coverage Ratio - IRL 30 days (%)

200%

250%

300%

350%

400%

450%

307%

7.1 7.1 6.9 7.0 7.0 6.9 6.7 6.6 6.7 7.8 7.4 7.4 7.2 7.4 7.0 6.7 6.5 6.5

90.5% 95.4% 93.9% 96.3% 95.2% 97.7% 100.3% 101.4% 102.2%


Net Loans

Deposits

Ratio

Ratio between Loan Portfolio and Funding1 (%, USD Bn)

| 17 |

Loans by Type1 (USD Bn, %)

Source: Itaú CorpBanca Colombia. Exchange rate of COP 2930,80 per 1 USD as of June 30, 2018

1- Gross Loans

Loans by Segment1

35% Corporate

34% Individuals

10% Medium

Enterprises

7% Small

Enterprises

7% Construction

4% Institutional

3% Private

67% 66% 67%

56%

23% 23% 21%

28%

10% 11% 13% 13%

3%

Jun-16 Jun-17 Jun-18 System

Commercial Consumer Mortgage Microloans

$ 7,4 $ 7,4 $ 7,1 $ 143,2

35%

34%

10%

7%

7% 4% 3%

Itaú Colombia | Loan Portfolio evolution and mix

The focus will be increasing the size of the Retail Banking business, reaching a proportion similar to that of the average of Banks in the medium term.

| 18 |

Source: Superintendencia Financiera & Itaú CorpBanca Colombia,

1- Loan Loss Provisions / Past Due loans above 30 days

Itaú Total Banks

Itaú Colombia | Credit-Risk Ratios

Itaú Colombia maintains a conservative position as to Credit-Risk evaluation and provisions policies, anticipating cases of credit deterioration

2.5

3.3

2.9 3.0

3.5 3.7 3.8

4.8

4.0 3.0

3.2

3.1

3.9 4.2

4.4 4.3

4.8 4.9


171.5

142.8

179.6

164.5

150.5 146.8

166.0

137.1

152.6

150.7

145.1

155.5

128.2 125.2 124.9

134.0

123.9 125.0


NPLs 30 days (%)

Coverage 1 (%)

7.1

9.0

9.8 9.9 9.9 10.0

11.5 11.2

11.8

7.1

7.2 7.8

8.9 9.4 9.6

9.9 10.2 10.4


60.8

52.8 53.3

50.3

54.1 55.0 55.0

58.5

51.7

64.0 64.9

61.6

55.7 55.3 56.9 57.7

58.1

59.0


B, C, D, E Loans / Gross Loans (%)

B, C, D, E Loans Coverage (%)

| 19 |

Risk indicator = Allowance for Loan Losses / Gross Loans (%)

Source: Superintendencia Financiera & Itaú CorpBanca Colombia,

1- Quarterly Expense.

LLP expense / Gross Loans 1 (%) Itaú Banks

4.3 4.7

5.2

5.0

5.3 5.5

6.3 6.5 6.1

4.6 4.7

4.8

5.0

5.2 5.5

5.7 6.0 6.1


Itaú Colombia | Loan Provisions

On the second half of 2016 the Bank evaluated it’s Wholesale Loan Portfolio, and on second half of 2017 the Retail Loan Portfolio

0.5

0.7

1.4

0.4

0.7

0.6

0.9

0.6 0.5

0.5

0.5 0.7

0.5

0.7

0.7

0.7

0.7 0.7


| 20 |

Source: Superintendencia & Itaú CorpBanca Colombia. Exchange rate of COP 2930,80 per 1 USD as of June 30, 2018

Grouping according to the Indicadores Gerenciales Criteria published by Superintendencia Financiera.

367.2 162.5

25.8 16.2 94.5

76.7

62.3

-6.1

Net Income Jun-18 (USD millions)

12-month variation

Personnel

expenses

Other

expense Taxes Net Income Net LLPs

Derivatives

and portfolio

income

Net

comissions

and fees

Interest

expense

Interest

income from

loans and

leases

Administrative

expense

0

19.3

-26% -20% -30% -15% -2% -11% 0% +15% +73%

Itaú Colombia | P&L concepts

The Bank is redirecting it’s income generation towards recurring sources and more profitable businesses, aligned with it’s strategy of sustainable profitability in the long term.

| 21 |


1- 12 months net Income over 12 months average of equity and assets

20.2 10.4

-31.2

-50.9

-10.9 -11.4 -10.0 -9.2 -5.8 -0.3 1Q16 2Q16

Quarterly Income (USD millions)

ROE & ROA1 (%)

1Q17 2Q17 3Q17 4Q17 3Q16 4Q16 1Q18

Loss 2016: - $51 Loss 2017: - $41

+20%

2Q18

5.9

2.7

-4.0

-6.5 -8.4

-6.8

-3.4 -3.0 -2.1

10.8

0.7 0.3

-0.5 -0.8 -1.0 -0.8 -0.4 -0.3 -0.2

1.4

Jun-16 Sep-16

ROE ROA

Dec-16 Mar-17 Jun-17 Sep-17 Dec-17

Banks

Jun-18

Mar-18 Jun-18

Itaú Colombia | Profit

In 2017 (a year of lower profitability for the Financial System) Itaú showed a trend of recovery ending with a ROE of -3,4%. The trend continues for 2Q18.

| 22 |


1- Source: Annual reports of each bank.

Itaú Colombia | Capital Ratios

The Regulatory Capital Ratio remains stable after the results from the years 2016 and 2017

Non-consolidated capital ratio Jun-18 (USD MM, %)

Non-Consolidated Capital Ratio Evolution (%)

Consolidated regulatory capital ratio Jun-181 (%)

Tier 1

Consolidated

Tier1+Tier2

Consolidated

Non-

Consolidated

1,023 247

776

358 23 1,157

Tier 1 w/odeductions

Good will Tier 1 SubordinatedDebt

Other RegulatoryCapital

9,2% 13,7%

10.0 9.1 10.5

8.5 8.8

16.0

20.9

13.4

15.8

13.7

Bancolombia Bogotá Occidente Davivienda Itaú

13.5 13.0 12.7 13.3

13.0

9.3 9.7 9.7 9.5 9.3 9.4 9.3 9.4 9.2


Tier I Tier II

13,7 12,8 12,8 13,1 12,8 12,7 12,7 12,7

13,8

| 23 |

Source: Itaú CorpBanca Colombia, Rating Agencies

Itaú Colombia | Risk Ratings

The Regulatory Capital Ratio remains stable after the results from the years 2016 and 2017

Fitch BRC S&P Moody’s

Colombia Sovereign BBB / Stable Oct-17

BBB- / Stable Jan-18

Baa2 / Negative Feb-18

Issuer Default Rating – IDR

(International) BBB- / Stable

Apr-18

National, Long-Term AA+ / Stable Apr-18

AAA / Stable Feb-18

National, Short-Term F1+ Apr-18

BRC 1+ Feb-18

| 24 |

Source: Itaú CorpBanca Colombia

The Bank has a better Balance-Risk position compared to prior years and a

stronger Liquidity-Risk position than the average for the Colombian Banks.

Levels of Capital remain stable in spite of the losses reported.

The implementation of the Itaú model continues as planned.

The brand change and technological migration processes were completed

successfully and in advance.

Diversification, reduction in concentration, and increase in the duration of the

Bank’s funding.

Strength in Credit-Risk evaluation

Results show a trend of recovery, building sustainable profitability in the long

term.

Itaú Colombia | Key Takeaways

www.itau.co/grupo/relacion-con-inversionistas

Itaú Colombia Institutional Presentation 2Q18

Documents

Institutional Presentation 2Q18 - itau.co. Corporate... · (6) See “Efficiency Ratio” slides in this presentation for criteria. ... 2- Controladoria-Geral da União (CGU) Total