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Basel II Pillar 3 disclosures
Regulation 43 of the Banks Act, 1990 (Act no. 94 of 1990) requires that a bank shall disclose in its annual financial statements and other disclosures to the public, reliable, relevant and timely qualitative and quantitative information that enable users of that information, amongst other things, to make an accurate assessment of the bank’s financial condition, including its capital adequacy position, and financial performance, business activities, risk profile and risk management practice. Banks are also required on a semi-annual basis to disclose to the public the qualitative and quantitative information as described above. This disclosure requirement is commonly known as Pillar 3 of the Basel II Accord. Click on the links below to access the Basel II Pillar 3 disclosures. Quarterly disclosure on capital adequacy |