CAPITEC BANK HOLDINGS LIMITED - Quarterly disclosure in terms of Regulation 43 of the Banks Act 1990 (as amended)

Quarterly disclosure in terms of Regulation 43 of the Bank’s Act 1990 (as amended)

Capitec Bank Holdings Limited
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI   ISIN code: ZAE000035861
JSE preference share code: CPIP   ISIN code: ZAE000083838


QUARTERLY DISCLOSURE IN TERMS OF REGULATION 43 OF THE BANK’S ACT 1990 (AS
AMENDED)

Capitec Bank Holdings Limited and its subsidiaries (“group”), have complied
with the Bank’s Act 1990 (as amended), which incorporates the requirements
of the Basel Committee on Banking Supervision (Basel).

In terms of Pillar 3 of the Basel rules, the consolidated group is required
to disclose quantitative information on its capital adequacy ratios on a
quarterly basis.

The group’s consolidated capital position at the end of the third quarter
for the 28 February 2014 financial year end is set out below:


                                3rd Quarter 2014        2nd Quarter 2014
                                 30 November 2013         31 August 2013

                                              Capital                 Capital
                                             Adequacy                Adequacy
                                    R’000     ratio %       R’000     ratio %

Common Equity Tier 1
capital (CET1)                   8 837 854       29.7   8 420 030        29.0
Additional Tier 1 capital
(AT1)(1)                           233 072        0.8     233 072         0.8

TIER 1 CAPITAL (T1)              9 070 926       30.5   8 653 102        29.8


Total subordinated debt(1)(2)    2 433 677              2 437 690
Unidentified loan
impairments                        328 449                321 282

TIER 2 CAPITAL (T2)              2 762 126        9.3   2 758 972          9.5


TOTAL QUALIFYING REGULATORY
CAPITAL                         11 833 052       39.8   11 412 074       39.3



REQUIRED REGULATORY
CAPITAL(3)                       2 826 638              2 761 853

(1)
  The non-loss absorbent AT1 and T2 capital has been adjusted for a 10%
phase-out in terms of Basel III.
(2)
  An adjustment is made for the deemed surplus T2 capital of subsidiaries
issued to outside third parties, which is excluded from group qualifying
regulatory capital in terms of the accelerated adoption of Basel III rules.
(3)
  This value is 9.5% of risk-weighted assets, being the Basel global minimum
requirement of 8% and a South African country-specific buffer of 1.5%. In
terms of the regulations the Individual Capital Requirement (ICR) is
excluded.


By order of the Board
Stellenbosch
12 December 2013
Sponsor - PSG Capital (Pty) Limited

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