CAIXA

A modern and competitive bank

CAIXA is the biggest public bank in Latin America. The figures are impressive: the client base has grown 51% within the past three years, going up from 25,8 million to 37,5 million people. The company has also promoted the biggest action for banking inclusion in the country, with the launch, in 2003, of the CAIXA Easy Account, which, until the first bimester of 2006, has benefited nearly 4 million people who had previously been relegated by the Brazilian banking system.

In 2005, the savings deposits have exceeded the R$ 53 billion mark, consolidating CAIXA´s leading position in this segment. The banking assets of the company have grown 47% between the end of 2003 and December 2005, reaching R$ 188,7 billion. In 2005, CAIXA has obtained the biggest profit of its history, reaching the mark of R$ 2,1 billion. One of the main reasons for this result was the strong expansion of the credit operations, which have increased 128% between 2002 and 2005. The funds management also stood out, having been rewarded in four categories by the Exame Guide 2005, which evaluates the best investment funds in the market.

CAIXA has an extraordinary assistance network, reaching all of the 5,562 Brazilian municipalities, with over 17 thousand points of assistance, split among branches, betting houses and banking correspondents. In 2005 alone 201 branches have been inaugurated and another 114 should open in 2006. The company also intends to register another 2 thousand commercial establishments throughout the country as banking correspondents, making life easier for Brazilians from every corner of the national territory. Even those who are abroad can count on CAIXA.

Since 2004, Brazilian emigrants can use International CAIXA to make remittances of funds to the country. CAIXA has also signed an agreement with the Portuguese bank BCP to make easier the remittance of funds by Brazilians living in the USA, Canada and Portugal. And in March 2006 a similar agreement will be signed with Iwata Shinkin Bank, in Japan, where over 280 thousand Brazilians live.

Commitment with Brazil´s development

To CAIXA, contribution to the country´s growth is a priority. With such goal, it develops partnerships with the different spheres of the public power, in order to bring more efficient solutions for the implementation of infrastructure and financial management of states and municipalities. As well as making resources available, CAIXA helps city halls and state governments to design and follow efficiently the works which promote urban development. And it stimulates the continued improvement of public administration, rewarding the most successful actions with the Best Practices in Management Prize.

CAIXA is also responsible for the collection and management of accounting and management data from all the Federation entities, helping to apply the Fiscal Responsibility law in the country.

A company of responsibility and citizenship

One of CAIXA´s main goals is to promote social inclusion. And one of the best ways to make it become reality is the support to artistic-cultural, educational and sporting initiatives.

Sports – CAIXA is one of the main supporters of Brazilian sports, acting as the official athletics sponsor. In 2005, the Brazilian Athletics Confederation has received R$ 7 million from CAIXA. Such resources are allowing the revelation of new talents and the best training of our athletes for national and international competitions.

Through the Lotteries, CAIXA also sponsors the Paralympics Brazilian Committee (CPB) and the parasports athletes who stood out as the best, with investments over R$ 3,5 million in 2005.

Culture – By sponsoring events and artistic projects throughout the country, CAIXA helps to preserve and spread the national culture. The institution has its own cultural spaces in Brasília, São Paulo, Rio de Janeiro, Curitiba and Salvador and is implementing new Cultural Caixas in Fortaleza and Porto Alegre.

This cultural network keeps an ongoing schedule on its theaters, galleries and museums, as well as the promotion of social insertion projects aimed at public schools, thus contributing to the easier access of all social segments to art and culture.

Benefits – As well as the benefits assured to the workers such as FGTS, PIS and Unemployment Benefit, CAIXA operates and pays the programs for transfer of income from the federal government, among which stands out the Bolsa Família, which benefits over 8,7 million families throughout the country. By the end of 2006, over 11 million families in need will be assisted by the program.

With the goal to assure a more efficient execution of the social policies, CAIXA has developed the Single Register, a tool which is able to produce information on the socio-economic profile of approximately 56 million Brazilians with low income.

Lotteries – With a revenue over R$ 4,4 billion, the CAIXA Lotteries have had a record performance in 2005. Of this total, almost R$ 2 billion have been repassed to the federal government, composing an important source of funds to the social sector.

In 2006 CAIXA will finish the process of implementation of a new lottery model, bringing more security, efficiency and speed to the lottery system. 25 thousand terminals will be installed in the almost 9 thousand lottery units throughout the country.

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