IRR310313.pdf - Banco Itaú

Activities abroad
International Presence
In the Brazilian market, our position is well consolidated and our
strong international footprint confirms our recognition abroad,
where we are focused on the expansion of our regional and
global objectives, providing high-quality services to our local
clients and to Brazilians operating abroad.
We are present in 19 countries outside Brazil, seven of which are
in Latin America. In Argentina, Chile, Paraguay and Uruguay, we
focus in the retail banking, companies, corporate and treasury
areas , with a focus on commercial banking. In Mexico, we
operate in the credit card segment. We also have an Itaú BBA
representation office in Peru, and in Colombia we are gradually
intensifying our presence through our investment banking
operation.
Highlights of International Units
Income Statement
Additionally, we have operations in Europe (Portugal, United
Kingdom, Luxembourg, Spain, France, Germany and Switzerland),
in the United States (Miami and New York), in the Caribbean
(Cayman Islands and Bahamas), in the Middle East (Dubai), and in
Asia (Hong Kong, Shanghai and Tokyo). These are operations that
mainly serve institutional, investment bank, corporate and private
banking clients.
Information about our international operations (including results
and assets and liabilities of our foreign branches) is presented
below:
R$ million (except where indicated)
1Q13 4Q12 1Q12 1Q13 - 4Q12 1Q13 - 1Q12
Recurring Net Income 430 304 533 41.3% -19.3%
Operating Revenues 1,339 1,354 1,147 -1.1% 16.8%
Financial Margin 937 988 803 -5.2% 16.6%
Balance Sheet
Mar 31, 13 Dec 31,12 Mar 31, 12
Mar/13 - Mar/13 -
Dec/12 Mar/12
Total Assets 206,061 192,254 183,019 7.2% 12.6%
Loans, Leases and Other Credit Operations 76,380 69,728 61,377 9.5% 24.4%
Deposits 62,210 61,522 60,245 1.1% 3.3%
Stockholders' Equity 24,353 20,459 24,964 19.0% -2.4%
International Service Network
Mar 31, 13 Dec 31,12 Mar 31, 12
Mar/13 - Mar/13 -
Dec/12 Mar/12
Employees (Individuals) (1) 6,740 6,654 6,419 1.3% 5.0%
Number of Points of Service (Units) (2) 784 789 761 -0.6% 3.0%
Branches 214 214 216 0.0% -0.9%
Client Service Branches 23 24 25 -4.2% -8.0%
Automated Teller Machines 547 551 520 -0.7% 5.2%
(1) Total headcount abroad
(2) Total of our retail network service points in Latin America
Management Discussion & Analysis
Itaú Unibanco Holding S.A.
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