NEDBANK CAPITAl - Nedbank Group Limited

isk and BALANCE SHEET management reportCredit loss ratio vs target range1,801,671,601,571,47 1,471,401,201,17Percentage1,000,800,600,400,961,02Old upper bound(group credit loss ratio target) 0,85Old lower bound(group credit loss ratio target) 0,55Basel II expected loss (EL)% through-the-cycle range (0,6 – 0,7)New upper bound(group credit loss ratio target)1,00New lower bound(group credit loss ratio target)0,60Group (credit loss ratio)Upper bound(group credit loss ratio target)Lower bound(group credit loss ratio target)Basel II expected loss %through-the-cycle range (0,6 – 0,7)0,20Nedbank Group credit loss ratio target range was changed from 0,55% – 0,85% to 0,60% – 1,00% in 20090,0Jun 2008 Sep 2008 Dec 2008 Mar 2009 June 2009 Sep 2009 Dec 2009The business clusters credit loss ratios over time are also shown below.Business clusters credit loss ratio trends3,503,003,143,003,023,082,662,502,472,502,37Percentage2,001,501,000,500,002,001,750,340,120,052,171,74Old upper bound(group credit loss ratio target) 0,85Old lower bound(group credit loss ratio target) 0,550,420,070,051,710,590,120,061,010,630,260,790,440,250,241,97New upper bound(group credit loss ratio target)1,00New lower bound(group credit loss ratio target)0,600,520,470,260,23 0,24Nedbank Business BankingNedbank CorporateNedbank CapitalNedbank RetailImperial BankUpper bound(group credit lossratio target)Lower bound(group credit lossratio target)Jun 2008 Sep 2008 Dec 2008 Mar 2009 June 2009 Sep 2009 Dec 2009A summary of the impairments movements over the past year is shown on the next page.146NEDBANK GROUP ANNUAL REPORT 2009