Our role

History Banco de Valores was founded in 1978 by its’ main stockholder, Mercado de Valores de Buenos Aires, together with Cámara de Agentes y Sociedades de Bolsa (Stock Brokerage Firms Chamber).

It is the sole Bank in Argentina whose main foundational objective is to contribute to the development of Capital Markets.

It has obtained the highest rating by Fitch Rating Argentina and Moody’s for deposits in local currency and Trustee Qualilty, particularly pondering Solid organizational structure and business strategies. Experienced Capital Markets management. Well-built competence in administration of under custody assets. Strong comparative financial stability.

It is the financial arm of the Stock Market system, possessing the most substantial distribution network in the market and amongst stockbrokers and brokerage firms. Undertakes a leading role in the structuring and placement of securities, taking part in over 700 transactions worth over U$S 10.000 million. YPF Stocks U$S 3.040.000M. FINANCIAL TRUST 689 Series U$S 6.972M Financial Trust CHUBUT U$S200.000M

Real amoutns issued per instrument since 2003 Throughout the past eight years, the financing instrument most widely used within Capital Markets is the FINANCIAL TRUST Real amoutns issued per instrument since 2003 Source: IAMC

Share by instruments withitn real total issued in Throughout the past eight years, the financing instrument most widely used within Capital Markets is the FINANCIAL TRUST Share by instruments withitn real total issued in (2003-2011) Source: IAMC

Banco de Valores is the main trustee in Argentina within these areas of interest: Private issues share 45%.

Banco de Valores is the main trustee in Argentina within these areas of interest : Private issues share 45%. Total issues share 37%.

Banco de Valores is the main trustee in Argentina within these areas of interest : Private issues share 45%. Share de emisiones totales 37%. Assets under custody U$S1.800 million. 11.000.000 treasured documents. Over 200 monthly payments from bearer bonds.

Banco de is the main trustee in Argentina within these areas of interest : Securitization of consumer assets: Personal loans Mortgage loans Credit cards Accounts receivable Agricultural Products Securitization of Oil companies royalties and infrastructure : Chubut Tierra del Fuego Powerhouses

We have clients throughout the country Annual figures 110 issuances a year U$S1.200 million 4.000.000 individuals accesing loans 350 agricultural products Benefits infrastructure in the country

Banco de Valores is the main argentine deposit taker within the mutual investment fund industry. With over 50 varied funds in a 26 % share. SCHOREDER 378.368.184 SBS 255.819.408 RAYMOND JAMES 219.767.323 COMPASS 194.676.535 CONSULTATIO 153.294.082 ALLARIA 57.788.511 FST 31.955.642 GAINVEST RENTA FIJA 27.447.365 SANCOR 21.841.083 TAVELLI 15.817.990 ALIANZA 5.079.212 ESTANCIAS DEL PILAR 3.506.435 BALANZ 1.567.855 ARPENTA 1.127.419 RIOPLATENSE 132.082   1.368.189.126 TYPE EQUITY 391.994.622 MIXED 632.391.988 FIXED IN COME 2.732.621.060 MONEY MARKET I 2.317.791.351 MONEY MARKET II 32.072.499 6.106.871.520 In thousands of U$S - 30/09/2011

Due to our institutional image, structural abilities, transparence, safety and eligibility, Banco de Valores succesfully accompanies the development of Capital Markets, interweaving productive and investment activities. Thank you