2b3f1156-90d8-41e6-a1fd-44c172d07a54.pdf

Chairman

Isidro Fainé

Economic and financial environment

CaixaBank's 2015 Results

Obra Social "la Caixa"

Economic environment Evolving patterns of growth

Global growth

Annual growth, %

3.4%

3.1%

3.4%

Recovery in advanced economies

2.4% 2.4%2.1%

0.9%

1.5% 1.6%

-0.1%

0.5% 0.6%

2014 2015 2016

United States

2014 2015 2016

Euro area

2014 2015 2016

Japan

Slowdown in emerging countries

7.3% 6.9% 6.5% 7.2% 7.4% 7.4% 0.1% -3.8% -3.4%

2014

2015

2016

2014

2015

2016

2014

2015

2016

2014 2015

China

India

Brazil

2016

Note: Forecasts for 2016.

Source: CaixaBank Research and IMF.

CaixaBank SA issued this content on 28 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 28 April 2016 12:03:23 UTC

Original Document: http://www.caixabank.com/StaticFiles/pdfs/160428_HR_DiscursosJGA16_en.pdf