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Assets
Liabilities & Shareholders' Equity

Consolidated Balance Sheet as at June 30, 2008 (Unaudited)
Assets (LL millions)	30/06/2008	31/12/2007
Cash and balances with Central Banks	7,584,702	6,888,098
- Cash	175,224	140,036
- Credit risk ceded		210,748
- Net exposure	7,409,478	6,537,314
Due from banks & financial institutions	4,858,395	4,899,819
Due from head office, sister, related banks and financial institutions
Financial assets given as collateral and reverse repurchase agreements	120,600
Derivative financial instruments	27,454	23,345
Financial assets held for trading	548,581	714,533
Financial assets designated at fair value through profit & loss	438,579	480,041
Net loans & advances to customers *	8,284,784	7,418,354
Net loans & advances to related parties	304,004	268,278
Debtors by acceptances	225,273	198,288
Available for sale financial instruments	4,026,843	3,455,626
- Credit risk ceded	1,026,184	778,072
- Net exposure	3,000,659	2,677,554
Financial assets classified as loans and receivables	322,345	408,671
Held to maturity financial instruments	349,657	427,180
Investments in associates	23,815	22,630
Investment properties
Property & equipment	466,189	455,661
Intangible fixed assets	22,639	13,502
Non current assets held for sale	38,855	40,254
Deferred taxes assets	1,647	14,722
Other assets	199,080	165,493
Goodwill	207,562	215,131
Total Assets	28,051,004	26,107,626


* After deduction of provisions amounting to LL 197,232 from loans and advances to customers as per IAS 39, of which LL 3,620 representing provisions on collective assessment .
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Consolidated Balance Sheet as at June 30, 2008 (Unaudited)
Liabilities & Shareholders' Equity (LL millions)	30/06/2008	31/12/2007
Due to Central Banks
Due to banks & financial institutions	658,103	956,076
Due to head office, sister, related banks and financial institutions
Financial assets taken as collateral & repurchase agreement
Derivative financial instruments
Financial liabilities held for trading
Financial liabilities designated at fair value through P&L
Customers deposits	23,176,057	21,163,808
Deposits from related parties	276,674	392,097
Debt issued & other borrowed funds	153,148	153,148
Engagements by acceptances	225,273	198,288
Current tax liabilities	33,299	58,364
Deferred tax liabilities	787	7
Other liabilities	625,842	396,376
Liabilities related to non-current assets held for sale
Provisions for risks & charges	10,323	14,723
End of service benefits	26,154	25,482
Subordinated loans & similar debts
Total Liabilities	25,185,660	23,358,369
Shareholders' Equity - Group Share	2,544,632	2,628,100
Capital - Common shares	361,925	361,925
Capital - Preferred shares	57,750	57,750
Issue premium - Common shares	1,007,647	1,007,647
Issue premium - Preferred shares	267,734	267,734
Cash contribution to capital	72,586	72,586
Capital reserves	483,890	328,693
Treasury shares	(5,739)	(1,531)
Retained earnings	87,982	56,305
Revaluation reserve of real estate	18,600	18,600
Reserve on revaluation of financial Instruments	31,287	30,095
Reserve for cash flow hedges
Foreign currency translation reserve	28,786	27,046
Other reserves	132,184	111,566
Result of the year		289,684
Minority Interest	123,989	121,157
Profit & Loss Accounts	196,723
Total Shareholders' Equity	2,865,344	2,749,257
Total Liabilities & Shareholders' Equity	28,051,004	26,107,626

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Off-Balance Sheet (LL millions)	30/06/2008	31/12/2007
Financing Commitments
- Financing commitments given to banks & financial institutions	605,328	468,751
- Financing commitments received from banks & financial institutions	187,651	172,143
- Engagement to customers	223,807	390,751
Bank guarantees :
- Guarantees given to banks & financial institutions of which: credit derivatives	270,220	230,499
- Guarantees received from banks & financial institutions of which: credit derivatives
- Guarantees given to customers	1,027,088	958,921
- Guarantees received from customers	3,756,196	3,537,056
Financial Notes Commitments
- Financial notes commitments to be received of which: financial instruments sold with a buy back option
- Financial notes commitments to be delivered of which: financial instruments purchased with a buy back option
Foreign Currencies Forwards
- Foreign currencies to receive	1,081,772	1,705,167
- Foreign currencies to deliver	1,083,485	1,706,167
Commitments on term financial instruments	442,943	594,294
Other commitments
Claims from legal cases
Fiduciary assets	3,152,106	3,159,896
Asset under management	3,016,366	2,260,941
Mutual funds
Structured financial products
Engagement unlikely to be executed
Bad debts fully provided for	280,285	282,040
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>	Consolidated Balance Sheet
>	Consolidated Income Statement
>	Consolidated Cash Flows
>	Consolidated Statement of Changes in Shareholders' Equity
>	2007 Consolidated Figures & Auditors’ Report
>	Annual Report 2007
>	Annual Report 2006