Figures according to the standards of the Venezuelan National Securities Superintendency.

  2017 2016 2015 2014 2013
Total Assets
13,670,022
1,484,732
634,325 355,550 239,313
Loan Portfolio (net)
3,460,062
655,362
344,141 197,382 121,819
Deposits
11,257,784
1,281,647
534,903 294,675 195,917
Shareholders' Equity
864,594
75,404
44,534 32,554 24,658

  2017 2016 2015 2014 2013
Net Interest Income 404,546 75,080 35,719 17,173 10,603
Commissions
and Other Income
257,703 37,305 15,057 7,917 6,222
Operating Expenses 458,261 94,915 34,334 17,683 10,807
Net Income 122,246 18,036 14,092 9,854 7,250

  2017 2016 2015 2014 2013
Profitability Indicators
Net Interest Income / Average Financial Assets (NIM) 26.0 14.5 12.0 9.3 8.8
Commissions and Other Income / Total Income 34.4 35.8 32.3 33.2 36.7
Net Earnings for the Period / Average Equity (ROE) 54.8 29.2 37.1 36.3 36.5
Net Earnings for the Period / Average Assets (ROA) 2.9 2.0 3.0 3.4 3.8
Capital Adequacy Indicators
Equity / Risk-Weighted Assets (regulatory minimum 8%) 18.0 10.1 11.4 15.2 18.4
Equity / Assets 6.3 5.1 7.0 9.2 10.3
Loan Portfolio Quality Indicators
Past-Due and Non-Performing Loans / Gross Loans Portfolio 0.1 0.4 0.2 0.3 0.5
Allowances for Loan Losses /  Past-Due and Non-Performing Loans 3,534.7 764.4 1,273.3 1,186.9 649.3
Allowances for Loan Losses /  Gross Loans Portfolio 2.8 3.0 3.0 3.1 3.3
Efficiency Indicators
Operating Expenses / Average Total Assets 9.9 9.4 6.4 5.3 5.3
Operating Expenses / Total Income 56.3 61.3 48.3 49.1 47.4
Liquidity Indicators
Cash and Due from Banks / Deposits 73.2 44.9 29.1 26.1 23.7
Cash and Due from Banks and Investment Portfolio /  Deposits 76.9 59.0 47.1 49.5 56.2

  2017 2016 2015 2014 2013
Number of Employees
In Venezuela 6,047 7,281 8,696 8,850 8,944
Abroad 149 1,089 1,161 1,003 938
Banking Distribution Network
Branches in Venezuela 264 268 298 299 299
Branches Abroad 10 30 34 30 26
Representative Offices 3 4 5 5 5
Correspondent Desk
("Mercantil Aliado"
Network)
0 64 109 125 128
Correspondent Trading Points
("Mercantil Aliado" Network)
217 237 72 122 188
Automatic Teller Machines (ATMs) 1,012 1,150 1,333 1,379 1,432
Point Sale Terminals (POS)(3) 54,091 52,45453,023 50,903 53,388
(3) Physical points of sale.

Due to the Monetary Reconversion process carried out on August 20, 2018, all the figures corresponding to the second quarter of the year 2018 onwards will be expressed in Sovereign Bolivars


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