TAMWEEL HOLDING S.A.

Abdullah Çelik Chief Executive Officer Asya Katılım Bankası A.Ş. BANK ASYA (Million USD) TOTAL ASSETS

9,017 10,000

9,000

8,000

7,000

6,000 4,253

5,000

4,000

3,000 1,369

2,000

1,000

- 2005 2008 2011 BANK ASYA (Million USD) TOTAL CREDITS

11,959

12,000 8,705 10,000

8,000

6,000 3,149 4,000

2,000

- 2005 2008 2011 BANK ASYA (Million USD) TOTAL DEPOSITS

6,502 7,000

6,000 5,000 3,065 4,000 3,000 1,127 2,000

1,000

- 2005 2008 2011 TAMWEEL AFRICA HOLDING S.A.

A corporation of perfect cooperation between

Islamic Development Bank

Islamic Corporation for the Development of the Private Sector

Asya Katılım Bankası A.Ş. History

With the aim of promoting Islamic finance in Africa region, in 2009, IDB and the Islamic Corporation for the Development of the Private Sector (ICD) became majority shareholder of Islamic Bank of , Islamic Bank of and Islamic Bank of following the acquisition of shares of these banks with the ambition to launch more banks in the region.

Partnership

In order to pool these investments, ICD created Tamweel Africa Holding SA (TAH) as a structure with management rights of the affiliates and by the end of 2009 entered into a strategic partnership with Bank Asya the leading Islamic bank in , while also IDB continued to be a shareholder in the Banks. Corporate Structure

Tamweel Africa Holding S.A. has been incorporated in the Republic of Senegal with its head office located in Dakar, whose mission is to promote Islamic Finance in Africa by building modern, dynamic and strong Sharia compliant banks as a key contributor to socio-economic development in the countries in which it operates. ICD BANKASYA

60 % 40 %

100% 50.1% 50.05% 68.7%

MAURİTANİA GUİNEA NİGER SENEGAL

49.9% 49.88% 09%

ISLAMIC DEVELOPMENT BANK

0.07% 22.2%

LOCAL GOVERNMENT Investors

Tamweel Africa Holding S.A. follows a partnership approach based on the complementing strength of ICD and Bank Asya.

Corporate Governance

Tamweel Africa Holding S.A.’s role is to set a common strategic direction for affiliates and monitor their performance to ensure that the Group objectives’ are being met, through a skillful Board of Directors and expert comities of bankers and scholars to provide technical support of high-level banking and the know- how of Islamic Finance. A SUCCESS STORY OF BANKING

Affiliates of Tamweel Africa Holding Islamic Bank of Senegal Islamic Bank of Niger Islamic Bank of Guinea became top players of the countries,

Islamic Bank of Moritania established a very short period of time TAMWELL AFRICA HOLDING (Million EUR) TOTAL ASSETS

347 350

300 259

250 199 200 155 150 105 100 75

35 37 50 16 14 21 23 17 - - - 2009 2010 2011

MAURITANIA GUINEA NIGER SENEGAL TOTAL TAMWELL AFRICA HOLDING (Million EUR) TOTAL CREDITS

450 415

400 343 350

300

250

200 142 150 122

70 100 54 29 38 50 14 15 - 3 - 4 6 - 2009 2010 2011

MAURITANIA GUINEA NIGER SENEGAL TOTAL TAMWELL AFRICA HOLDING (Million EUR) TOTAL DEPOSITS

233 250

186 200

130 150 100 78 100 57

27 50 15 19 12 9 15 - - 1 - 2009 2010 2011

MAURITANIA GUINEA NIGER SENEGAL TOTAL TAMWEEL AFRICA HOLDING (2012)

Islamic Bank Islamic Islamic Islamic of Bank Bank Bank Senegal of of of Niger Guinea Mauritania Number of Branches 13 6 3 2 Number of Personnel 121 55 53 23 Number of Customer 8690 6794 4760 750 Objectives

– All the banks operating in accordance with Sharia rules

– Providing customers with a wide range of competitive and high quality Sharia compliant products and services

– Gaining significant market share in terms of credit and deposits

– Creating an exciting and appealing work environment to attract top talent and be recognized as an employer of choice in the banking sector.

– Creating significant value for the region

– Expanding through more banks to other African countries