| Thu 3 Sep 2009, 15:12 | | MTL - Mercantile Bank Holdings - Disclosure In Terms Of Regulation 43 of the |
|
MTL
MTL
MTL - Mercantile Bank Holdings - Disclosure In Terms Of Regulation 43 of the
Banks Act
Mercantile Bank Holdings Limited
(Incorporated in the Republic of South Africa)
(Registration number 1989/000164/06)
Share code: MTL & ISIN: ZAE000064721
("Mercantile" or "the Group")
DISCLOSURE IN TERMS OF REGULATION 43 OF THE BANKS ACT
A. Quarterly disclosure - Capital adequacy
In terms of Regulation 43, the Group is required to disclose quantitative
information on its capital adequacy ratios on a quarterly basis.
The consolidated capital position of the Group and the capital position of
Mercantile Bank Limited ("Bank") at 30 June 2009 is set out below.
June 2009
Group Bank
R`000 R`000
Total primary capital 1,162,651 1,190,253
Total secondary capital 51,466 19,303
Total regulatory
Capital 1,214,117 1,209,556
Primary capital
adequacy ratio (%) 26.97 26.90
Secondary capital
adequacy ratio (%) 1.18 0.44
Total capital
adequacy ratio (%) 28.15 27.34
Total capital
requirement (@ 9.5%) 409,504 420,275
B. Bi-annual disclosure
In addition, the Regulations require bi-annual qualitative and quantitative
disclosure to the public. This disclosure is available on the Group`s website:
www.mercantile.co.za
Johannesburg
3 September 2009
Sponsor: Bridge Capital Advisors (Pty) Limited
Date: 03/09/2009 15:12:02 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.
