To view the PDF file, sign up for a MySharenet subscription.

FSR - Firstrand Limited - Quarterly Disclosure On Basel II Capital Adequacy

Release Date: 30/05/2008 12:18
Code(s): FSR
Wrap Text

FSR - Firstrand Limited - Quarterly Disclosure On Basel II Capital Adequacy FIRSTRAND LIMITED (Incorporated in the Republic of South Africa) Registration number: 1966/010753/06 ISIN: ZAE000066304 Share Code: FSR Namibian Share Code: FST ("FirstRand") QUARTERLY DISCLOSURE ON BASEL II CAPITAL ADEQUACY FirstRand`s wholly owned subsidiary FirstRand Bank Holdings Limited ("the banking group") has complied with Basel II since 1st January 2008. In terms of Pillar 3 under Basel II, the banking group is required to disclose quantitative information on its capital adequacy ratios on a quarterly basis. The consolidated capital position of the banking group at the end of the first quarter is set out below. March 2008
Rm % Total primary capital (Tier 1) 38 921 10.9 Total secondary capital (Tier 2) 7 510 2.1 Total regulatory capital 46 431 13.0 Total capital requirement in terms of Basel 34 773 II Sandton 30 May 2008 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 30/05/2008 12:18:01 Supplied by www.sharenet.co.za Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited (`JSE`). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.

Share This Story