BBVA FrancésCorporate Presentation

1°Quarter 2016

2,1%

1,4%

1,7% 1,7%

2,0%

1,7%

Source: BCRA

Dec-13 Sep-14 Jun-15 Mar-16

An player with capacity to increase its participation

17,40

9,61

8,98

8,35

6,47

6,43

4,02

3,99

3,37

3,37

6.62%6.94%

25,12

9,51

8,66

7,62

5,60

5,20

4,01

3,80

3,68

2,96

Private share

00000

75,95

24,0510,18

13,86

ADRs

ORDs

Mkt Cap $ 53,151 MMUS$ 3,645 MM

P/E $ 11,4x

BV/ Share $ 27.72

Mkt data as of March 31, 2016Exchange rate: 14.58$/US$

Floating

Mkt Data

Av. Volume (3 mths) NYSE US$ 2.4 MMBCBA $ 8.1 MM

Indicators

ORDs

Since 1996

Fix SCR* Shares 1 Neutral

Negotiable Obligations Global Program (U$S 750 million) AAA(arg)

Subordinated Senior Debt AA+ (arg)Senior Debt Short Term A1+ (arg)Senior Debt Long Term AAA (arg)

S&P Institutional Rating Long Term raBBB Neutral

Institutional Rating Short Term raA-2

Negotiable Obligations Global Program (U$S 750 million) raBBB Neutral

*In November 2013, Fitch Argentina sold 70% of its capital stock to a local investor group and changed its name to Fix Scr. This new group will be responsible for the local credit rating.

45.8%

Key lever

Digital Sales

Distribution Model

DigitalCapabilities

InfraestructureDevelopment

Organization & Culture

UX

Figures in million pesos 1°Q-16 4°Q-15 1°Q-15 ∆ Y/Y

Net Financial Income 2,980 2,854.9 2,285 30.4%

Provision for Loan Losses (161.4) (197.5) (143.1) 12.8%

Net Income from Services 931.1 960.7 960.5 -3.1%

Administrative Expenses (2,095.8) (1,889.2) (1,581.3) 32.5%

Operating Income 1,653.9 1,728.9 1,521.1 8.7%(

Income tax (550.2) (554.8) (492.5) 11.7%

Net Income 1,165.1 1,188.3 930.9 25.2%

+39.8%adjusted

+7.5%adjusted

*

2.2852.855

2.980

Net financialincome

16,8%

15,0%15,5%

Private SpreadAverage spread

- 130 bp 50 bp

YoY QoQ

YoY

+30%

960 961931

9051.079

1.220

676810 876

7.5% -2.1%

YoY QoQ

48,7%49,5%

53,6%

60,7%50,9%

44,4%

490 pb 410 pb

YoY QoQ

- 1,630 pb - 650 pb

YoY QoQ

15,277

59,135

13,303

23,414

14,881

20.292

80,101

BCRA Notes

115,275 115,275

6.75x 73.8% 45.8%

43.084

56.497 59.135

Credit Cards31%

Personal Loans13%

Car Loans 8%Mortgages 3%

+37%YoY

AverageLending Rate 25.0%

Market Share (%) 6,43 6,47 6,62

5.764

7.493 7.510

6.1827.344 7.429

Market Share (%) 17.36 18.58 18.58

Market Share (%) 4.91 4.55 4.36

+ 20 % + 1 %

YoY QoQ

+ 30 % + 0 %

YoY QoQ

12,1% 12,0%

12,3%

52,5%

75,8%69,9%

Market Share (%) 9.73 9.61 11.05

Market Share (%) 13.88 11.08 12.36

10.174

13.884 14.979

8.946 9.23510.858

+ 47.2% +7.9%

YoY QoQ

+21.4% +17.6%

YoY QoQ

2.797 3.5314.359

10.014

11.087

12.321

1.22% 0.15% 0.00%

234,0%

300,6%

283,7%

0,92%

0,64%0,69%

0%

0%

0%

0%

0%

1%

1%

1%

1%

1%

1%

Coverage NPL

1,71

0,59

0,9

1,60

1,52

55.358

76.866 80.101

30%

70%

TD < 1MM

TD > 1MM

9.5%

+45%YoY

+28%

Market share (%) 6,87 6,95 6,94

Fix Rating AAA (Arg)

34,50

36,20

32,60

ROE

4,804,70

4,10

ROA

* Annualized ratios

BBVA FrancésCorporate Presentation

1°Quarter 2016