Not logged in
  Home   Markets   Shares   Funds   Portfolio   Toolbox   Charting   Alerts   Directory   
 Admin   

Fri 21 May 2010, 12:36 FSR / FSRP / FSPP - FirstRand Limited - Quarterly disclosure on Basel II capital
FSR   FSRP  FSPP
FSR                                                                             
FSR / FSRP / FSPP - FirstRand Limited - 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.   
                                March 2010     December 2009                    
Rm       %     Rm       %                       
Primary capital                                                                 
Ordinary share capital and       5 750          5 750                           
premium                                                                         
Ordinary shareholders` reserves  35 489         34 218                          
Preference shares                3 100          3 100                           
Minority interest                1 733          1 668                           
Regulatory deductions against    (2 571)        (2 563)                         
primary capital                                                                 
Total primary capital            43 501         42 173                          
                                                                                
Secondary capital                                                               
Subordinated debt instruments    6 660          6 633                           
Qualifying Upper Tier 2          1 068          1 068                           
instruments                                                                     
Other qualifying reserves        179            176                             
Regulatory deductions against    (474)          (431)                           
secondary capital                                                               
Total secondary capital          7 433          7 446                           
                                                                                
Total regulatory capital         50 934         49 619                          
                                                                                
Total capital requirement        33 468         33 740                          
                                                                                
Primary capital adequacy ratio            12.67          12.19                  
Total capital adequacy ratio              14.84          14.34                  
Notes:                                                                          
The figures above have not been audited.                                        
Share capital and reserves do not include unappropriated profits.               
Sandton                                                                         
21 May 2010                                                                     
Sponsor                                                                         
RAND MERCHANT BANK (A division of FirstRand Bank Limited)                       
Date: 21/05/2010 12:36:01 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.                                          
Profile Group (Pty) Ltd. has taken care in preparing all information on this website, but does not accept any liability for errors or out-of-date information.
Other Profile Group sites: FundsData Online (unit trust data)  |  Profile Group corporate site
Terms of Use |  Privacy Policy |  PAIA manual |  FAQs/Help |  Site Map |  © Copyright Reserved 2026  ]
  


Powered by ProfileData

Profile Mobile App Google Play Store Apple App Store


Follow us on: