Standardbank Cover.indd - Standard Bank - Investor Relations
Standardbank Cover.indd - Standard Bank - Investor Relations
Standardbank Cover.indd - Standard Bank - Investor Relations
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<strong>Standard</strong> <strong>Bank</strong> Group Analysis of financial results for the year ended 31 December 2012<br />
The <strong>Standard</strong> <strong>Bank</strong> of South Africa<br />
Risk-weighted assets<br />
Capital adequacy - SBSA company 1<br />
(including unappropriated profit)<br />
16<br />
12<br />
8<br />
4<br />
2006 2007 2008 2009 2010 2011 2012<br />
Tier I capital 8.4 8.5 9.3 10.6 11.5 10.7 11.3<br />
Tier II capital 3.8 3.1 3.5 3.4 3.3 2.7 3.5<br />
Tier III capital 0.2 0.1 0.1 0.1 0.1 0.1 0.0<br />
Required capital 10.0 10.0 9.5 9.5 9.5 9.5 9.5<br />
1<br />
Basell II implemented 1 January 2008 and 2008 to 2012 are based on Basel II basis.<br />
All other historical comparatives are based on a Basel I basis.<br />
SBSA company risk-weighted assets<br />
Change<br />
%<br />
2012<br />
Rm<br />
Credit risk 1 18 395 472 335 215<br />
Market risk 2 40 21 099 15 020<br />
Operational risk 7 68 817 64 480<br />
Equity risk in the banking book (8) 14 431 15 769<br />
Total risk-weighted assets 16 499 819 430 484<br />
1<br />
Credit risk-weighted assets increased over the year due to the regulatory requirement to include a 6% scaling on internal ratings based portfolios from 1 January 2012,<br />
combined with book growth in PBB.<br />
2<br />
The implementation of Basel 2.5 in 2012 required the inclusion of stressed value at risk in the calculation of market risk-weighted assets which significantly contributed to<br />
the increased market risk capital requirements.<br />
2011<br />
Rm<br />
87
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