Banif sells

portfolio

of NPLs

Sale proceeds reinforce the capital base by 40 million

Banif - Banco Internacional do Funchal, S.A. (Banif) informs that it
has performed a
transaction of a portfolio of non-performing loans (written off loans), with a notional amount of approximately €485 million.
The
abovementioned portfolio was totally placed with an international institutional
investor, and the proceeds from the sale enabled the Bank to reinforce its capital base by €40 million.
This
transaction
follows
other recent transactions placed in international
capital
markets by Banif, namely the placement of a consumer and auto loans portfolio ABS,
in December 2013 (€180 (€438 million).
million) and a SME
loans portfolio ABS,
in January
2014
Lisbon, 25th of June 2014

The Issuer

Banif - Banco Internacional do Funchal, SA

Sede Social: Rua de João Tavira, 30 - 9004-509 Funchal

Capital Social: 1.720.700.000,00 Euro

Número Único de Matrícula e Pessoa Colectiva: 511 202 008

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