FSR - Firstrand Limited - Quarterly Disclosure On Basel II Capital Adequacy
FSR
FSR
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 Produced by the JSE SENS Department.
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