ABA Bank PresentationQ2 2015

Shareholders

Mr. Damir Karassayev

58.07% 41.93%

Financial Highlights

In USD, mln CAGR 6M2015 2014 2013

Assets 55% 626 505 323

Loan portfolio 66% 382 272 179

Deposit portfolio 51% 514 433 277

Equity 68% 90 64 41

Net profit 73% 6.0 7,5 4,0Mr. Damir Karassayev is a private investor, managingbusiness in South-East Asia since 2005. Currently his mainfocus is on the development of ABA Bank as the coreasset.

National Bank of Canada (www.bnc.ca) is a financialinstitution rated “A+” and “A” by Fitch and Standard& Poor’s with around $180 billion of assets, more than20,000 employees, 453 branches and worldwide networkof correspondent banks.

Network

6M2015 1Q2015 2014 2013

Employees 904 784 702 444

Branches 28 27 25 17

ATMs 110 106 92 55

Cards 47,581 43,250 39,213 26,128

Executive Summary

28 Branches in 16 cities

Business Development: Branch Network Expansion

Central Sihanouk Mao Tse Toung Stade Chas Toek Thla Chbar Ampov Chom Chao

Toul Kork Borei Keila Steung Mean Chey Central Market Sothearos Ou Baek Kam (new)

Phnom Penh (13)

Provinces (15)

Battambang Siem Reap Kampong Cham Sihanoukville Ta Khmao Takeo Kampong Speu Paoy Paet

Pursat Kampot Kampong Thom Svay Reing Kampong Chhnang Kratie (new) Prey Veng (new)

New Products &Services DevelopmentBusiness Development:

Merchant discount program

Cash deposit machines

Mobile BankingInternet Banking Contact center

Additional services

Products

CORRESPONDENT BANKS

PAYMENT SYSTEMS MONEY TRANSFER SYSTEMS

Business Development:International Relations

Euromoney 2014 The Banker 2014

The Best Bank in Cambodia

Business Development:Awards

Global Finance 2015 Euromoney 2015

60 156

202 265

323

505

626

19 32 34 37 42

6490

2009 2010 2011 2012 2013 2014 Q2 2015

Assets

Equity

Asset & Equity Dynamics, mm, $

Key Financial Performance Indicators

41 122 166

224 277

433

514

12

18

26

35

42

56

67

(1)

9

19

29

39

49

59

69

79

-

100

200

300

400

500

2009 2010 2011 2012 2013 2014 Q2 2015

Deposits Dynamics, mm, $

Deposits

№ of a/c, '000

26

74 93

141 179

272

382

188 593 1456

2,959

4,650

7,966

10,757

(1,200)(1,150)(1,100)(1,050)(1,000)(950)(900)(850)(800)(750)(700)(650)(600)(550)(500)(450)(400)(350)(300)(250)(200)(150)(100)(50)-50 100 150 200 250 300 350 400 450 500 550 600 650 700 750 800 850 900 950 1,000 1,050 1,100 1,150 1,200 1,250 1,300 1,350 1,400 1,450 1,500 1,550 1,600 1,650 1,700 1,750 1,800 1,850 1,900 1,950 2,000 2,050 2,100 2,150 2,200 2,250 2,300 2,350 2,400 2,450 2,500 2,550 2,600 2,650 2,700 2,750 2,800 2,850 2,900 2,950 3,000 3,050 3,100 3,150 3,200 3,250 3,300 3,350 3,400 3,450 3,500 3,550 3,600 3,650 3,700 3,750 3,800 3,850 3,900 3,950 4,000 4,050 4,100 4,150 4,200 4,250 4,300 4,350 4,400 4,450 4,500 4,550 4,600 4,650 4,700 4,750 4,800 4,850 4,900 4,950 5,000 5,050 5,100 5,150 5,200 5,250 5,300 5,350 5,400 5,450 5,500 5,550 5,600 5,650 5,700 5,750 5,800 5,850 5,900 5,950 6,000 6,050 6,100 6,150 6,200 6,250 6,300 6,350 6,400 6,450 6,500 6,550 6,600 6,650 6,700 6,750 6,800 6,850 6,900 6,950 7,000 7,050 7,100 7,150 7,200 7,250 7,300 7,350 7,400 7,450 7,500 7,550 7,600 7,650 7,700 7,750 7,800 7,850 7,900 7,950 8,000 8,050 8,100 8,150 8,200 8,250 8,300 8,350 8,400 8,450 8,500 8,550 8,600 8,650 8,700 8,750 8,800 8,850 8,900 8,950 9,000 9,050 9,100 9,150 9,200 9,250 9,300 9,350 9,400 9,450 9,500 9,550 9,600 9,650 9,700 9,750 9,800 9,850 9,900 9,950 10,000 10,050 10,100 10,150 10,200 10,250 10,300 10,350 10,400 10,450 10,500 10,550 10,600 10,650 10,700 10,750 10,800 10,850 10,900 10,950 11,000 11,050 11,100 11,150 11,200 11,250 11,300 11,350 11,400 11,450 11,500 11,550 11,600 11,650 11,700 11,750 11,800 11,850 11,900 11,950 12,000 12,050 12,100 12,150 12,200 12,250 12,300 12,350 12,400 12,450 12,500 12,550 12,600 12,650 12,700 12,750 12,800

10

60

110

160

210

260

310

360

2009 2010 2011 2012 2013 2014 Q2 2015

Loans Dynamics, mm, $

Loans

№ of Borrowers

(1.6)

0.04

2.03.4

4.0

7.5

6.07

2009 2010 2011 2012 2013 2014 Q2 2015

Net Profit / Loss, mm, $

Loans Breakdown

< 500K79%

500K -1 mm6%

>1mm 15%

Loans Breakdown by Size

100% USD

Particulars, $, ‘000 31.12.12 31.12.13 31.12.14 30.06.15Growth

(12.14Vs 06.15), %

Provision (Total) 2 317 3 663 3 362 4,337 29.0%

Provision (Non performing) 893 1 523 573 526 -8.2%

No of borrowers 2 959 4 650 7 966 10,757 35.0%

NPL / Total Loan, % 2.49 3.66 0.27 0.25 -9.1%

Weighted Av. Rate % 11.11 11.09 11.34 11.35 0.1%

Total Loans 141 302 179 279 271 537 382,217 40.8%

Trade 32%

Service 31%

Rental9%

Real Estate 9%

Manuf5%

Agri5%

FI5%

Other 4%

Loans Breakdown by Industry

Size-Brackets of Deposits, $

31.12.12 31.12.13 31.12.2014 30.06.2015

№ of Depositors

Amount $, ‘000

No of Depositors

Amount$, ‘000

No of Depositors

Amount$, ‘000

No of Depositors

Amount$, ‘000

< 50 000 34 443 54 310 40 890 68 040 54 087 106 944 65 708 129 096

50 000 - 100 000 368 28 073 482 35 758 705 53,811 844 64 675

100 000 - 500 000 331 66 688 447 90 095 633 131,035 725 151 088

500 000 - 1 000 000 41 30 755 42 33 102 62 46,595 70 51 929

>1 000 000 25 52 406 24 49 943 44 95,038 52 117 264

Total Deposits 35 208 224 232 41 885 276 938 55 531 433 424 67 399 514 052

Deposits Breakdown

Fixed41%

Flexi32%

Saving18%

Current 9%

Deposits Breakdown by Type

75% Retail 20% Corporate

5% FI

< 50 K25%

< 100 K13%

< 500 K29%

< 1 MM10%

> 1 MM23%

Deposits Breakdown by Size

83 % Cambodian

99% USD

Types of Deposits, $, ‘000 31.12.12 31.12.13 31.12.14 30.06.15

Growth (12.14Vs 06.15), %

WAIR (30.06.15)

Current 13 682 15 409 31 061 46 136 49% -

Saving 29 266 51 246 70 425 92 485 31% 0.75%

Flexi 105 631 108 441 149 586 167 002 12% 4.05%

Fixed 75 653 101 842 182 352 208 429 14% 5.22%

Total Deposits 224 232 276 938 433 424 514 052 18.60% 3.59%

Maturity (months) < 1 1 - 3 3 – 12 12 <

Fixed Deposit ($, ‘000) 30 118 29 411 128 895 20 005

Fixed Deposit (share) 14% 14% 62% 10%

Cards & E- Service Overview

2012 2013 2014 Q1 2015 Q2 2015Cards

Number of ATMs 36 55 92 103 110ATM cards 9,169 13,048 23,361 26,320 25,808Balances (USD, “000) 5,632 7,933 22,637 27,421 29,945UPI cards 0 0 0 0 3,539Balances (USD, “000) 0 0 0 0 6,264MasterCard & VISA cards 9,318 13,080 15,852 16,930 18,234Balances (USD, “000) 10,166 16,245 26,286 30,321 32,404

ABA iBankingRegistered users 7,742 13,931 24,037 27,264 30,392SMS-notifications 148,163 181,297 532,104 214,901 259,204Transfers to non-own ABA a/c, USD, “000 22,422 45,394 128,776 46,172 47,036

quantity 9,018 22,753 52,861 13,972 15,333Outward remittances, USD, “000 5,120 6,864 7,129 4,090 3,510

quantity 488 610 894 295 304EDC bill payments, KHR, “000 1,706,503 3,301,040 4,435,765 1,438,846 1,947,840

quantity 2117 4758 6940 2724 3240Mobile & Internet bill payments, USD 16,238 160,135 518,643 141,967 146,543

quantity 1,400 31,016 71,559 25,247 26,408ABA Mobile App

Registered users 0 0 0 0 3,700Transfers to non-own ABA a/c, USD, “000 0 0 0 0 1,019

quantity 0 0 0 0 1,827EDC bill payments, KHR, “000 0 0 0 0 23,527

quantity 0 0 0 0 78Mobile & Internet bill payments, USD 0 0 0 0 33,647

quantity 0 0 0 0 8,737

ABA Bank vs. Banking Sector (2013 and 2014)

Future Outlook:Financial Projections 2015 - 2020

323 505

724

982

1,284

1,643

2,053

2,492

179 272 466

659 889

1,150

1,442

1,760

2013A 2014A 2015F 2016F 2017F 2018F 2019F 2020F

Total Assets, $, mmAssets Loans

277 433

592

775

986

1,226

1,493

1,787

- 24 54 99 159 239

304

2013A 2014A 2015F 2016F 2017F 2018F 2019F 2020F

Funding base, $, mm

Deposit Borrowing

4 7

14

23

33

45

59

75

10.2%

14.2%

17.7%18.8%

20.1%21.4% 22.0% 22.3%

2013A 2014A 2015F 2016F 2017F 2018F 2019F 2020F

Net Profit $ mm

ROE %

Profitability

42 64

98

141

184

239

298

372

-15 20 20 10 10 - -

2013A 2014A 2015F 2016F 2017F 2018F 2019F 2020F

Equity New Capital Injection

Capital, $, mm

THANK YOU!

Head Office

#148, Preah Sihanouk Blvd., Sangkat

Noeung Keng Kang I, Khan Chamkarmon,

Phnom Penh, Kingdom of Cambodia

Phone: +855 23 22 53 33, Fax: +855 23 21 63 33

E-mail: info@ababank.com

P.O.Box: 2277 SWIFT: ABAAKHPP