BBVA FrancésCorporate Presentation

2°Quarter 2016

27%

27%

11%

17%

16%

2%

Spain3,304

South America1,990

USA1.330

Turkey2,154México

3,309

GrossMargin1S 16

Rest of Eurasia281

€million

1,4%

1,7% 1,7%

2,0%

1,7%1,9%

Source: BCRA

Dec-14 Jun-15 Dec-15 Jun-16

An player with capacity to increase its participation…

6.91%7.13%

23,03

10,57

8,62

7,77

5,87

5,44

4,18

3,95

3,64

2,91

Private share

16,58

9,28

9,27

8,60

6,44

6,41

4,18

3,97

3,44

3,34

00000

75,95

24,0510,18

13,86

ADRs

ORDs

Mkt Cap $ 56,077 MMUS$ 3,759 MM

P/E $ 14,55x

BV/ Share $ 27.84

Mkt data as of June 30, 2016Exchange rate: 14.92$/US$

Floating

Mkt Data

Av. Volume (3 mths) NYSE US$ 2.5 MMBCBA $ 8.8 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.

Figures in million pesos 2°Q-16 1°Q-16 2°Q-15 ∆ Y/Y

Net Financial Income 3,342,8 2,980 1,973.2 69.4%

Provision for Loan Losses (336,1) (161,4) (181,2) 85.5%

Net Income from Services 1,014,4 931,1 800,6 26,7%

Administrative Expenses (2,211,7) (2,095,8) (1,472.3) 50,2%

Operating Income 1,809,4 1,653,9 1,120.4 61,5%

Income tax (886,7) (550,2) (452,9) 95,8%

Net Income 963,3 1,165,1 667,2 44,4%

+39.5%adjusted

+16,4%adjusted

*

1.973

2.980

3.343

Net financialincome

16,0%15,5% 15,3%

Private SpreadAverage spread (pesos)

- 75 bp -23 bp

YoY QoQ

YoY

+69,4%

801931 1.014

862

1.2201.304

610

876 907

16.4% 8.4%

YoY QoQ

53,1% 53,6%

50,8%

54,4%44,4%

45,9%

-230 pb -280 pb

YoY QoQ

- 850 pb 150 pb

YoY QoQ

17,985

65,846

16,934

26,524

14,945

23.773

92,827

BCRA Notes

131,545 131,545

7.8x 70.9% 46.8%

47.014

59.135

65.846

Credit Cards 30%

Personal Loans12%

Car Loans 7%Mortgages 3%

+40%YoY

AverageLending Rate 25.8%

Market Share (%) 6,56 6,68 6,91

5.965

7.510 8.034

6.354

7.429 7.582

Market Share (%) 17.09 18.58 18.49

Market Share (%) 4.69 4.36 4.21

+ 19% + 2%

YoY QoQ

+ 35% + 0%

YoY QoQ

13.34218.176

19.421

Volume Stock

63,9%

70,0% 78,4%

Market Share (%) 12.1 12.3 12.5

+ 46% + 7%

y/y q/q

In million pesos

y/y q/q

+ 19% + 4%

12,1%12,3%

12,5%63,9%

70,0%78,4%

Market Share (%) 10.02 9.18 9.14

Market Share (%) 13.15 11.08 14.74

11.354

14.979 15.471

10.35710.858

14.915

+ 36 % + 3%

YoY QoQ

+ 44% + 37%

YoY QoQ

2.6894.090 4.363

11.514

12.321 11.558

1.68% 0.21% 0.00%

236,0% 283,7%247,8%

0,89%0,69%

0,85%

0%

1%

2%

3%

4%

5%

Coverage NPL

1,83

0,73

1,1

1,60

1,52

60.016

80.10192.827

29%

71%

TD < 1MM

TD > 1MM

10.6%

+55%YoY

+28%

Market share (%) 6,68 6,94 7,13

Fix Rating AAA (Arg)

23,4

32,6

25,8

ROE

3,2

4,1

3,1

ROA

* Annualized ratios

BBVA FrancésCorporate Presentation

2°Quarter 2016