CAPITEC BANK HOLDINGS LIMITED - Quarterly Disclosure In Terms Of Regulation 43 Of The Regulations Relating To Banks

Quarterly Disclosure In Terms Of Regulation 43 Of The Regulations Relating To Banks

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 REGULATIONS RELATING
TO BANKS

Capitec Bank Holdings Limited and its subsidiaries (“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 and liquidity
ratios on a quarterly basis.

The group’s consolidated capital and liquidity positions at the end of the
fourth quarter for the 28 February 2018 financial year end are set out
below:


                                 4th Quarter 2018        3rd Quarter 2018
                                 28 February 2018        30 November 2017

                                            Capital                    Capital
                                           Adequacy                   Adequacy
                                  R’000     Ratio %          R’000     Ratio %

 Common Equity Tier 1
 capital (CET1)               17 381 888       33.9     16 963 481        32.5
 Additional Tier 1
 capital (AT1)(1)                103 587        0.2        126 677         0.2

TIER 1 CAPITAL (T1)           17 485 475       34.1     17 090 158        32.7

 Total subordinated
 debt(1)(2)                      283 438                   438 724
 Unidentified loan
 impairments                     519 230                   529 766

TIER 2 CAPITAL (T2)              802 668        1.6        968 490        1.8

TOTAL QUALIFYING
REGULATORY CAPITAL            18 288 143       35.7     18 058 648       34.5

REQUIRED REGULATORY
CAPITAL(3)                     5 699 501                 5 619 398


(1)   Starting 2013, the non-loss absorbent AT1 and T2 capital is subject to a
10% per annum phase-out in terms of Basel 3.

(2)   Starting 2013, a deemed surplus attributable to T2 capital of subsidiaries
issued to outside third parties, is excluded from group qualifying capital in
terms of the accelerated adoption of Basel 3. This deduction phases in at 20%
per annum.

(3)   This value is 11.125% (2017: 10.750%) of risk-weighted assets, being the
Basel global minimum requirement of 8.000%, the South African country-
specific buffer of 1.250% (2017: 1.500%) and the Capital Conservation Buffer
of 1.875% (2017: 1.250%), disclosable in terms of SARB November 2016
directive in order to standardise reporting across banks. In terms of the
regulations the Individual Capital Requirement (ICR) is excluded.

                                       4th Quarter 2018       3rd Quarter 2018
                                       28 February 2018       30 November 2017

LIQUIDITY COVERAGE RATIO (LCR)
High-Quality Liquid Assets                    18 056 043        13 321 307                    
Net Cash Outflows (1)                            961 511          929 190
Required LCR Ratio                                   90%               80%
Actual LCR Ratio                                  1 878%            1 434%


LEVERAGE RATIO
Tier 1 Capital                                17 485 475        17 090 158
Total Exposures                               84 834 799        87 047 849
Leverage Ratio                                     20.6%             19.6%


NET STABLE FUNDING RATIO (NSFR)
Total Available Stable Funding(ASF)           76 621 291        79 070 186
Total Required Stable Funding (RSF)           37 205 204        38 590 155
Actual NSFR Ratio(2)                               205.9%           204.9%


(1)   As Capitec has a net cash inflow after applying the run-off weightings,
outflows for the purpose of the ratio are deemed to be 25% of gross outflows.

(2)   A ratio of 100% or more represents compliance. Compliance is required by
2018.



      For the complete LCR and leverage ratio calculations refer to our website at
      www.capitecbank.co.za/investor-relations

      By order of the Board
      Stellenbosch
      27 March 2018
      Sponsor - PSG Capital Proprietary Limited

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