IBL Financial Overview
Sound capital base and capital ratios
Total capital resources
R'mn
70,000
60,000
50,000
40,000
30,000
20,000
10,000
0
2017
.
2018
■Subordinated liabilities
Total risk-weighted assets: lower RWA intensity
R'mn
600,000
59.9
500,000
400,000
300,000
200,000
100,000
80%
70%
60%
50%
40%
30%
20%
10%
0%
2019
2020
2021
1111
0
2017
2018
2019
2020
2021
■Perpetual preference shares (dividend at 75% of Prime)
Shareholders' equity (excluding perpeutal preference shares)
Total assets (LHS)
Total risk-weighted assets (LHS)
RWA as a percentage of total assets (RHS)
Capital resources have increased since FY20 due to an increase
in shareholders' equity
•
Our total capital resources have grown by 102.0% since 2012
to R59 890mn at 31 Mar 2021 (CAGR of 8.1% per year) without
recourse to government or shareholders
IBL's Total RWAs / Total assets (RWA intensity) increased to 64.6%
(31 March 2020: 59.5%).
Approval was received from the Prudential Authority to adopt the
Advanced Internal Ratings Based (AIRB) approach for the SME and
Corporate models effective 1 April 2021. We are working towards
further adoption of AIRB on certain remaining portfolios which we
expect to result in a further reduction to our capital requirements and
uplift to our CET1 ratio.
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