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Quarterly disclosure in terms of Regulation 43 of the regulations relating to banks
Capitec Bank Holdings Limited
Registration number 1999/025903/06
Incorporated in the Republic of South Africa
Registered bank controlling company
Ordinary Share Code: CPI ISIN Number: ZAE000035861
Preference Share Code: CPIP ISIN Number: ZAE000083838
("Capitec")
Capitec Bank Limited
Registration number 1980/003695/06
Incorporated in the Republic of South Africa
Registered bank
Company code: BICAP
("Capitec Bank")
Quarterly disclosure in terms of Regulation 43 of the regulations relating to
banks
Capitec and its subsidiaries ("Capitec Group") have complied with Regulation 43
of the Regulations relating to banks, which incorporates the requirements of
Basel.
In terms of Pillar 3 of the Basel rules, the consolidated group is required to
disclose quantitative information on its capital adequacy, leverage and
liquidity ratios on a quarterly basis.
The Capitec group consolidated and Capitec Bank capital and liquidity positions
at the end of the first quarter of the 28 February 2025 financial year end are
set out below:
Capital Adequacy Capitec Group Capitec Bank
Ratio("CAR")
1st Quarter 4th Quarter 1st Quarter 4th Quarter
2025 2024 2025 2024
31 May 29 February 31 May 29 February
2024 2024 2024 2024
R'000 / % R'000 / % R'000 / % R'000 / %
Common Equity Tier 1
capital (CET1) 40 111 852 39 298 719 35 706 175 34 649 992
Additional Tier 1
capital (AT1) - - - -
CET1 % 36.1 35.5 34.1 32.9
Tier 1 capital (T1) 40 111 852 39 298 719 35 706 175 34 649 992
T1 % 36.1 35.5 34.1 32.9
General allowance for
credit impairment 955 784 910 614 942 299 913 165
Tier 2 capital (T2) 955 784 910 614 942 299 913 165
T2 % 36.9 36.3 35.0 33.8
Total qualifying
regulatory capital 41 067 636 40 209 333 36 648 474 35 563 157
Total qualifying
regulatory capital % 36.9 36.3 35.0 33.8
Required regulatory
capital(1) 13 342 588 13 296 122 12 571 708 12 625 430
(1)This value is currently 12% of risk-weighted assets, being the Basel global
minimum requirement of 8%, the Pillar 2A South African country-specific buffer
of 1%, the Capital Conservation Buffer of 2.5% and the Domestic Systemically
Important Bank ("D-SIB") capital add-on of 0.5%.
Liquidity Coverage Capitec Group Capitec Bank
Ratio ("LCR")
1st Quarter 4th Quarter 1st Quarter 4th Quarter
2025 2024 2025 2024
31 May 29 February 31 May 29 February
2024 2024 2024 2024
R'000 / % R'000 / % R'000 / % R'000 / %
High-quality liquid
assets ("HQLA") 82 334 115 85 894 917 82 334 115 85 894 917
Net cash outflows(1) 3 480 794 3 582 532 3 442 256 3 630 781
Actual LCR % 2 365 2 398 2 392 2 366
Required LCR % 100 100 100 100
(1)The total net weighted cash outflows are calculated as the total cash outflows,
less the minimum of either the cash inflows, or 75% of total outflows.
Net Stable Funding Capitec Group Capitec Bank
Ratio ("NSFR")
1st Quarter 4th Quarter 1st Quarter 4th Quarter
2025 2024 2025 2024
31 May 29 February 31 May 29 February
2024 2024 2024 2024
R'000 / % R'000 / % R'000 / % R'000 / %
Total available
stable funding 196 611 804 184 553 361 190 246 087 180 136 930
Total required
stable funding 89 996 421 85 311 405 85 214 090 82 262 591
Actual NSFR % 218.5 216.3 223.3 219.0
Required NSFR % 100 100 100 100
Leverage ratio Capitec Group Capitec Bank
1st Quarter 4th Quarter 1st Quarter 4th Quarter
2025 2024 2025 2024
31 May 29 February 31 May 29 February
2024 2024 2024 2024
R'000 / % R'000 / % R'000 / % R'000 / %
Tier 1 capital 40 111 852 39 298 719 35 706 175 34 649 992
Total exposures 214 893 053 208 346 500 209 276 989 204 504 920
Leverage ratio % 18.7 18.9 17.1 16.9
For the detailed LCR, NSFR and leverage ratio calculations refer to the "Banks
Act Public Disclosure" section on our website at
www.capitecbank.co.za/investor-relations
Shareholders are referred to the announcement on the JSE Stock Exchange News
Service on 12 March 2024. Capitec has successfully increased its shareholding
in Avafin Holding Limited ("Avafin"), an international online consumer
lending group, from 40.66% to 97.69%, effective from 1 May 2024. Avafin has
been consolidated on 1 May 2024, during the current quarter.
By order of the Board
Stellenbosch
12 July 2024
Capitec Equity Sponsor: PSG Capital Proprietary Limited
Capitec Bank Debt Sponsor: PSG Capital Proprietary Limited
Date: 12-07-2024 12:05:00
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