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FSR/FSRP/FSPP - FirstRand - Quarterly disclosure on basel II capital adequacy

Release Date: 20/11/2009 13:36
Code(s): FSR FSRP FSPP
Wrap Text

FSR/FSRP/FSPP - FirstRand - Quarterly disclosure on basel II capital adequacy FirstRand Limited (Incorporated in South Africa) (Registration number 1966/010753/06) JSE Ordinary Share Code: FSR JSE ISIN: ZAE000066304 JSE "B" Preference Share Code: FSRP JSE ISIN: ZAE000060141 JSE "B1" Preference Share Code: FSPP JSE ISIN: ZAE000070900 NSX Ordinary Share Code: FSR ("FirstRand") QUARTERLY DISCLOSURE ON BASEL II CAPITAL ADEQUACY FirstRand Bank has complied with Basel II since the start of January 2008. In terms of Pillar 3 under Basel II, FirstRand Bank Holdings (FRBH) is required to disclose quantitative information on its capital adequacy ratios on a quarterly basis. The consolidated capital position of FRBH is set out below. September June 2009 2009 Rm % Rm %
Primary capital Share capital and reserves 44 538 42 915 Less: Deductions (2 389) (2 303) Total primary capital 42 148 40 612 Secondary capital Qualifying debt instruments & 8 289 8 304 reserves Less: Deductions (909) (894) Total secondary capital 7 380 7 410 Total regulatory capital 49 528 48 022 Total capital requirement 33 778 32 127 Primary capital adequacy ratio 12.2 12.3 Total capital adequacy ratio 14.3 14.6 Notes: The figures above have not been audited. Share capital and reserves do not include unappropriated profits. Sandton 20 November 2009 Sponsor RAND MERCHANT BANK (A division of FirstRand Bank Limited) Date: 20/11/2009 13:36:13 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.

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