CAPITEC BANK HOLDINGS LIMITED - Quarterly Disclosure In Terms Of Regulation 43 Of The Regulations Relating To Banks

Quarterly Disclosure In Terms Of Regulation 43 Of The Regulations Relating To Banks

Capitec Bank Holdings Limited
Registration number: 1999/025903/06
Registered bank controlling company
Incorporated in the Republic of South Africa
JSE ordinary share code: CPI   ISIN code: ZAE000035861
JSE preference share code: CPIP   ISIN code: ZAE000083838
(“Capitec”)

QUARTERLY DISCLOSURE IN TERMS OF REGULATION 43 OF THE REGULATIONS RELATING
TO BANKS

Capitec and its subsidiaries (“the group”) have complied with Regulation 43
of the Regulations relating to banks, which incorporates the requirements of
Basel.

In terms of Pillar 3 of the Basel rules, the consolidated group is required
to disclose quantitative information on its capital adequacy, leverage and
liquidity ratios on a quarterly basis.


The group’s consolidated capital and liquidity positions at the end of the
first quarter of the 28 February 2023 financial year end are set out below:


                                  1st Quarter 2023          4th Quarter 2022
                                       31 May 2022          28 February 2022

                                             Capital                   Capital
                                            Adequacy                  Adequacy
                                   R’000     Ratio %         R’000     Ratio %

 COMMON EQUITY TIER 1
 CAPITAL (CET1)                31 786 692       34.7     31 189 746       35.4

 Additional Tier 1 capital
 (AT1)(1)                               -            -            -            -

TIER 1 CAPITAL (T1)            31 786 692       34.7     31 189 746       35.4


 General allowance for
 credit impairment                785 218                   749 377

TIER 2 CAPITAL (T2)               785 218        0.9        749 377        0.9

TOTAL QUALIFYING REGULATORY
CAPITAL                        32 571 910       35.6     31 939 123       36.3

REQUIRED REGULATORY
CAPITAL(2)                     10 982 843                10 566 490


(1)
   Starting 2013, the non-loss absorbent AT1 and T2 capital is subject to a
   10% per annum phase-out in terms of Basel 3.


(2)
   This value is currently 12% (2021: 11%) of risk-weighted assets, being the
   Basel global minimum requirement of 8%, the Pillar 2A South African country-
   specific buffer of 1% (2021: 0%), the Capital Conservation Buffer of 2.5% and
   the Domestic Systemically Important Bank (“D-SIB”) capital add-on of 0.5%.


                                      1st Quarter 2023     4th Quarter 2022
                                           31 May 2022     28 February 2022
                                                 R’000                R’000
LIQUIDITY COVERAGE RATIO (LCR)
High-Quality Liquid Assets                  77 081 924           81 574 866
Net Cash Outflows(1)                         2 988 551            2 831 646
Actual LCR                                      2 579%               2 881%
Required LCR(2)                                   100%                  90%

(1)
   Capitec has a net cash inflow after applying the run-off factors, therefore
   the outflows for the purpose of the ratio are deemed to be 25% of gross
   outflows.

(2)
    Per Directive 8 of 2021, the minimum LCR requirement increased to 100% on
    1 April 2022.


                                      1st Quarter 2023    4th Quarter 2022
                                           31 May 2022    28 February 2022
                                                 R’000               R’000
NET STABLE FUNDING RATIO (“NSFR”)
Total Available Stable Funding             160 160 219         157 548 215
Total Required Stable Funding               72 328 979          70 017 939
Actual NSFR                                      221.4%             225.0%
Required NSFR                                     100%                100%



                                      1st Quarter 2023    4th Quarter 2022
                                           31 May 2022    28 February 2022
                                                 R’000               R’000
LEVERAGE RATIO
Tier 1 Capital                              31 786 692         31 189 746
Total Exposures                            177 754 908        178 617 863
Leverage Ratio                                   17.9%              17.5%


For the detailed LCR, NSFR and leverage ratio calculations refer to the
“Banks Act Public Disclosure” section on our website at
www.capitecbank.co.za/investor-relations



By order of the Board
Stellenbosch
30 June 2022
Sponsor - PSG Capital   

Date: 30-06-2022 08:30:00
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