Basel III P3 Capital Structure Disclosures March 31 2015
Pillar 3 Capital Structure Disclosures 31 March 2015
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Balance sheet - Step 1 (Table 2(b)) All figures are in SAR'000 Balance sheet in Published financial statements (C)
Adjustment of banking associates / other entities (*) (D)
Under regulatory scope of consolidation (E)
Assets Cash and balances at central banks Due from banks and other financial institutions Investments, net Loans and advances, net Investment in associates Other Real Estate, net Property and equipment, net Other assets Total assets
9,148,743 5,316,007 11,377,116 40,872,993 124,370 660,097 625,984 1,248,132 69,373,442
-
9,148,743 5,316,007 11,377,116 40,872,993 124,370 660,097 625,984 1,248,132 69,373,442
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue Other liabilities Subtotal
5,413,390 55,420,301 1,000,000 1,225,637 63,059,328
-
5,413,390 55,420,301 1,000,000 1,225,637 63,059,328
Paid up share capital Statutory reserves General reserves Other reserves Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 1,405,500 68,000 (212,090) 1,052,705 69,373,443
-
4,000,000 1,405,500 68,000 (212,090) 1,052,705 69,373,443
31 March 2015
Page 2 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Balance sheet - Step 2 (Table 2(c)) All figures are in SAR'000 Balance sheet in Published financial statements (C) Assets Cash and balances at central banks Due from banks and other financial institutions Investments, net of which Investments in the capital of banking, financial and insurance entities that where the bank does not own more than 10% of the issued common share capital of the entity Loans and advances, net of which Collective provisions Investment in associates of which Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation Other Real Estate, net Property and equipment, net Other assets Total assets
Adjustment of banking associates / other entities (D)
Under regulatory scope of consolidation (E)
9,148,743 5,316,007 11,377,116
-
9,148,743 5,316,007 11,377,116
636,188
-
636,188
40,872,993 426,976 124,370
-
40,872,993 426,976 124,370
124,370
-
124,370
660,097 625,984 1,248,132 69,373,442
-
660,097 625,984 1,248,132 69,373,442
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue of which Tier 2 capital instruments subject to phase-out Other liabilities Subtotal
5,413,390 55,420,301 1,000,000 1,000,000 1,225,637 63,059,328
-
5,413,390 55,420,301 1,000,000 1,000,000 1,225,637 63,059,328
Paid up share capital of which amount eligible for CET1 of which amount eligible for AT1 Statutory reserves General reserves Other reserves of which cash flow hedge reserve Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 4,000,000 1,405,500 68,000 (212,090) (212,090) 1,052,705 69,373,443
-
4,000,000 4,000,000 1,405,500 68,000 (212,090) (212,090) 1,052,705 69,373,443
31 March 2015
Reference
A B
C
D
E F G H I J K
Page 3 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Common template (transition) - Step 3 (Table 2(d)) i (From January 2013 to 2018 identical to post 2018) With amount subject to Pre- Basel III Treatment All figures are in SAR'000
Components of regulatory capital reported by the bank
Source based on reference numbers / letters of the Amounts subject to Pre - Basel III balance sheet treatment under the regulatory scope of consolidation from step 2
(2) Common Equity Tier 1 capital: Instruments and reserves 1 2 3 4 5 6 7 8 9 # # # # # # # # #
Directly issued qualifying common share capital (and equivalent for non-joint stock companies) plus related stock surplus
4,000,000
Retained earnings Accumulated other comprehensive income (and other reserves) Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock companies) Common share capital isued by subsidiaries and held by third parties (amount allowed in group CET1) Common Equity Tier 1 capital before regulatory adjustments Common Equity Tier 1 capital: Regulatory adjustments Prudential valuation adjustments Goodwill (net of related tax liability) Other intangibles other than mortgage-servicing rights (net of related tax liability) Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability) Cash-flow hedge reserve
1,052,705 1,261,410 6,314,115
Securitisation gain on sale (as set out in paragraph 562 of Basel II framework) Gains and losses due to changes in own credit risk on fair valued liabilities Defined-benefit pension fund net assets Investments in own shares (if not already netted off paid-in capital on reported balance sheet) Reciprocal cross-holdings in common equity Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above 10% threshold) # Significant investments in the common stock of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (amount above 10% threshold) # Mortgage servicing rights (amount above 10% threshold) # Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) # Amount exceeding the 15% threshold # of which: significant investments in the common stock of financials # of which: mortgage servicing rights # of which: deferred tax assets arising from temporary differences # National specific regulatory adjustments REGULATORY ADJUSTMENTS APPLIED TO COMMON EQUITY TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH:… # Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions # Total regulatory adjustments to Common equity Tier 1 # Common Equity Tier 1 capital (CET1) Additional Tier 1 capital: instruments # Directly issued qualifying Additional Tier 1 instruments plus related stock surplus # of which: classified as equity under applicable accounting standards # of which: classified as liabilities under applicable accounting standards # Directly issued capital instruments subject to phase out from Additional Tier 1 # Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by subsidiaries and held by third parties (amount allowed in group AT1) # of which: instruments issued by subsidiaries subject to phase out # Additional Tier 1 capital before regulatory adjustments Additional Tier 1 capital: regulatory adjustments # Investments in own Additional Tier 1 instruments # Reciprocal cross-holdings in Additional Tier 1 instruments # Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above 10% threshold) # Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) # National specific regulatory adjustments REGULATORY ADJUSTMENTS APPLIED TO ADDITIONAL TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PREBASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … # Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions # Total regulatory adjustments to Additional Tier 1 capital # Additional Tier 1 capital (AT1) # Tier 1 capital (T1 = CET1 + AT1)
31 March 2015
212,090 -
E K G+H+I -
-
J
A -
-
-
-
-
-
212,090 6,526,205 -
-
-
-
-
-
6,526,205
Page 4 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Common template (transition) - Step 3 (Table 2(d)) ii (From January 2013 to 2018 identical to post 2018) With amount subject to Pre- Basel III Treatment All figures are in SAR'000
Components1 of regulatory capital reported by the bank
Tier 2 capital: instruments and provisions 46 Directly issued qualifying Tier 2 instruments plus related stock surplus 47 Directly issued capital instruments subject to phase out from Tier 2 48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued by subsidiaries and held by third parties (amount allowed in group Tier 2) 49 of which: instruments issued by subsidiaries subject to phase out 50 Provisions 51 Tier 2 capital before regulatory adjustments Tier 2 capital: regulatory adjustments 52 Investments in own Tier 2 instruments 53 Reciprocal cross-holdings in Tier 2 instruments 54 Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold) 55 Significant investments in the capital banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) 56 National specific regulatory adjustments OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … 57 Total regulatory adjustments to Tier 2 capital 58 Tier 2 capital (T2) 59 Total capital (TC = T1 + T2)
700,000
61 62 63 64
65 66 67 68 69 70 71 72 73 74 75 76 77 78 79
80 81 82 83 84 85
Capital ratios Common Equity Tier 1 (as a percentage of risk weighted assets) Tier 1 (as a percentage of risk weighted assets) Total capital (as a percentage of risk weighted assets) Institution specific buffer requirement (minimum CET1 requirement plus capital conservation buffer plus countercyclical buffer requirements plus G-SIB buffer requirement expressed as a percentage of risk weighted assets) of which: capital conservation buffer requirement of which: bank specific countercyclical buffer requirement of which: G-SIB buffer requirement Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted assets) National minima (if different from Basel 3) National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) National Tier 1 minimum ratio (if different from Basel 3 minimum) National total capital minimum ratio (if different from Basel 3 minimum) Amounts below the thresholds for deduction (before risk weighting) Non-significant investments in the capital of other financials Significant investments in the common stock of financials Mortgage servicing rights (net of related tax liability) Deferred tax assets arising from temporary differences (net of related tax liability) Applicable caps on the inclusion of provisions in Tier 2 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised approach (prior to application of cap) Cap on inclusion of provisions in Tier 2 under standardised approach Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal ratings-based approach (prior to application of cap) Cap for inclusion of provisions in Tier 2 under internal ratings-based approach Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022) Current cap on CET1 instruments subject to phase out arrangements Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities) Current cap on AT1 instruments subject to phase out arrangements Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities) Current cap on T2 instruments subject to phase out arrangements Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)
31 March 2015
D
426,976 1,126,976
B
-
-
-
-
-
-
A
1,126,976 7,653,181
RISK WEIGHTED ASSETS IN REPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … 60 Total risk weighted assets
Amounts1 subject to Pre Basel III treatment
Source based on reference numbers / letters of the balance sheet under the regulatory scope of consolidation from step 2
54,429,320 11.99% 11.99% 14.06%
0% 0% 0% 0% 11.99% n/a n/a n/a 652,620 124,370 -
426,976 613,727
B
n/a n/a
700,000 300,000
D D
Page 5 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015 TABLE 2: CAPITAL STRUCTURE Main features template of regulatory capital instruments - (Table 2(e)) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
Issuer Unique identifier (e.g. CUSPIN, ISIN or Bloomberg identifier for private placement) Governing law(s) of the instrument Regulatory treatment Transitional Basel III rules Post-transitional Basel III rules Eligible at solo/lgroup/group&solo Instrument type Amount recognied in regulatory capital (Currency in mil, as of most recent reporting date) Par value of instrument Accounting classification Original date of issuance Perpetual or dated Original maturity date Issuer call subject to prior supervisory approval Option call date, contingent call dates and redemption amount Subsequent call dates if applicable Coupons / dividends Fixed or Floating dividend/coupon Coupon rate and any related index Existence of a dividend stopper Fully discretionary, partially discretionary or mandatory Existence of step up or other incentive to redeem Non cumulative or cumulative Convertible or non-convertible If convertible, conversion trigger (s) If convertible, fully or partially If convertible, conversion rate If convertible, mandatory or optional conversion If convertible, specify instrument type convertible into If convertible, specify issuer of instrument it converts into Write-down feature 0 If write-down, full or partial If write-down, permanent or temporary If temporary writedown, description of the write-up mechansim Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Non-compliant transitioned features If yes, specify non-compliant features
31 March 2015
Bank Aljazira SA0007879055 Law of the Kingdom of Saudi Arabia
Bank Aljazira Bank Aljazira Sukuk Law of the Kingdom of Saudi Arabia
Common Equity Tier 1 Common Equity Tier 1 Group & Solo Paid-up Share Capital SAR 4,000 million SAR 4,000 million Shareholders’ equity 27-Jul-1976 Perpetual No maturity No Not Applicable Not Applicable
Tier 2 Capital Ineligible Group & Solo Subordinated Sukuk SAR 700 million SAR 1,000 million Liability – amortised cost 29-Mar-2011 Dated 29 March 2021 Yes 29-Mar-2016 Anytime after above date
Not Applicable Not Applicable Not Applicable Fully discretionary No Non-Cumulative Nonconvertible Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable None No Not Applicable
Floating SIBOR + 170 bps No Mandatory Yes Non-Cumulative Nonconvertible Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Paid-up Share Capital Yes Presence of call option with step-up margin of 550 bps
Page 6 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Balance sheet - Step 1 (Table 2(b)) All figures are in SAR'000 Balance sheet in Published financial statements (C)
Adjustment of banking associates / other entities (*) (D)
Under regulatory scope of consolidation (E)
Assets Cash and balances at central banks Due from banks and other financial institutions Investments, net Loans and advances, net Investment in associates Other Real Estate, net Property and equipment, net Other assets Total assets
9,148,743 5,316,007 11,377,116 40,872,993 124,370 660,097 625,984 1,248,132 69,373,442
-
9,148,743 5,316,007 11,377,116 40,872,993 124,370 660,097 625,984 1,248,132 69,373,442
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue Other liabilities Subtotal
5,413,390 55,420,301 1,000,000 1,225,637 63,059,328
-
5,413,390 55,420,301 1,000,000 1,225,637 63,059,328
Paid up share capital Statutory reserves General reserves Other reserves Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 1,405,500 68,000 (212,090) 1,052,705 69,373,443
-
4,000,000 1,405,500 68,000 (212,090) 1,052,705 69,373,443
31 March 2015
Page 2 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Balance sheet - Step 2 (Table 2(c)) All figures are in SAR'000 Balance sheet in Published financial statements (C) Assets Cash and balances at central banks Due from banks and other financial institutions Investments, net of which Investments in the capital of banking, financial and insurance entities that where the bank does not own more than 10% of the issued common share capital of the entity Loans and advances, net of which Collective provisions Investment in associates of which Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation Other Real Estate, net Property and equipment, net Other assets Total assets
Adjustment of banking associates / other entities (D)
Under regulatory scope of consolidation (E)
9,148,743 5,316,007 11,377,116
-
9,148,743 5,316,007 11,377,116
636,188
-
636,188
40,872,993 426,976 124,370
-
40,872,993 426,976 124,370
124,370
-
124,370
660,097 625,984 1,248,132 69,373,442
-
660,097 625,984 1,248,132 69,373,442
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue of which Tier 2 capital instruments subject to phase-out Other liabilities Subtotal
5,413,390 55,420,301 1,000,000 1,000,000 1,225,637 63,059,328
-
5,413,390 55,420,301 1,000,000 1,000,000 1,225,637 63,059,328
Paid up share capital of which amount eligible for CET1 of which amount eligible for AT1 Statutory reserves General reserves Other reserves of which cash flow hedge reserve Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 4,000,000 1,405,500 68,000 (212,090) (212,090) 1,052,705 69,373,443
-
4,000,000 4,000,000 1,405,500 68,000 (212,090) (212,090) 1,052,705 69,373,443
31 March 2015
Reference
A B
C
D
E F G H I J K
Page 3 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Common template (transition) - Step 3 (Table 2(d)) i (From January 2013 to 2018 identical to post 2018) With amount subject to Pre- Basel III Treatment All figures are in SAR'000
Components of regulatory capital reported by the bank
Source based on reference numbers / letters of the Amounts subject to Pre - Basel III balance sheet treatment under the regulatory scope of consolidation from step 2
(2) Common Equity Tier 1 capital: Instruments and reserves 1 2 3 4 5 6 7 8 9 # # # # # # # # #
Directly issued qualifying common share capital (and equivalent for non-joint stock companies) plus related stock surplus
4,000,000
Retained earnings Accumulated other comprehensive income (and other reserves) Directly issued capital subject to phase out from CET1 (only applicable to non-joint stock companies) Common share capital isued by subsidiaries and held by third parties (amount allowed in group CET1) Common Equity Tier 1 capital before regulatory adjustments Common Equity Tier 1 capital: Regulatory adjustments Prudential valuation adjustments Goodwill (net of related tax liability) Other intangibles other than mortgage-servicing rights (net of related tax liability) Deferred tax assets that rely on future profitability excluding those arising from temporary differences (net of related tax liability) Cash-flow hedge reserve
1,052,705 1,261,410 6,314,115
Securitisation gain on sale (as set out in paragraph 562 of Basel II framework) Gains and losses due to changes in own credit risk on fair valued liabilities Defined-benefit pension fund net assets Investments in own shares (if not already netted off paid-in capital on reported balance sheet) Reciprocal cross-holdings in common equity Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued share capital (amount above 10% threshold) # Significant investments in the common stock of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions (amount above 10% threshold) # Mortgage servicing rights (amount above 10% threshold) # Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability) # Amount exceeding the 15% threshold # of which: significant investments in the common stock of financials # of which: mortgage servicing rights # of which: deferred tax assets arising from temporary differences # National specific regulatory adjustments REGULATORY ADJUSTMENTS APPLIED TO COMMON EQUITY TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH:… # Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions # Total regulatory adjustments to Common equity Tier 1 # Common Equity Tier 1 capital (CET1) Additional Tier 1 capital: instruments # Directly issued qualifying Additional Tier 1 instruments plus related stock surplus # of which: classified as equity under applicable accounting standards # of which: classified as liabilities under applicable accounting standards # Directly issued capital instruments subject to phase out from Additional Tier 1 # Additional Tier 1 instruments (and CET1 instruments not included in row 5) issued by subsidiaries and held by third parties (amount allowed in group AT1) # of which: instruments issued by subsidiaries subject to phase out # Additional Tier 1 capital before regulatory adjustments Additional Tier 1 capital: regulatory adjustments # Investments in own Additional Tier 1 instruments # Reciprocal cross-holdings in Additional Tier 1 instruments # Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above 10% threshold) # Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) # National specific regulatory adjustments REGULATORY ADJUSTMENTS APPLIED TO ADDITIONAL TIER 1 IN RESPECT OF AMOUNTS SUBJECT TO PREBASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … # Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions # Total regulatory adjustments to Additional Tier 1 capital # Additional Tier 1 capital (AT1) # Tier 1 capital (T1 = CET1 + AT1)
31 March 2015
212,090 -
E K G+H+I -
-
J
A -
-
-
-
-
-
212,090 6,526,205 -
-
-
-
-
-
6,526,205
Page 4 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015
TABLE 2: CAPITAL STRUCTURE Common template (transition) - Step 3 (Table 2(d)) ii (From January 2013 to 2018 identical to post 2018) With amount subject to Pre- Basel III Treatment All figures are in SAR'000
Components1 of regulatory capital reported by the bank
Tier 2 capital: instruments and provisions 46 Directly issued qualifying Tier 2 instruments plus related stock surplus 47 Directly issued capital instruments subject to phase out from Tier 2 48 Tier 2 instruments (and CET1 and AT1 instruments not included in rows 5 or 34) issued by subsidiaries and held by third parties (amount allowed in group Tier 2) 49 of which: instruments issued by subsidiaries subject to phase out 50 Provisions 51 Tier 2 capital before regulatory adjustments Tier 2 capital: regulatory adjustments 52 Investments in own Tier 2 instruments 53 Reciprocal cross-holdings in Tier 2 instruments 54 Investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation, net of eligible short positions, where the bank does not own more than 10% of the issued common share capital of the entity (amount above the 10% threshold) 55 Significant investments in the capital banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) 56 National specific regulatory adjustments OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … 57 Total regulatory adjustments to Tier 2 capital 58 Tier 2 capital (T2) 59 Total capital (TC = T1 + T2)
700,000
61 62 63 64
65 66 67 68 69 70 71 72 73 74 75 76 77 78 79
80 81 82 83 84 85
Capital ratios Common Equity Tier 1 (as a percentage of risk weighted assets) Tier 1 (as a percentage of risk weighted assets) Total capital (as a percentage of risk weighted assets) Institution specific buffer requirement (minimum CET1 requirement plus capital conservation buffer plus countercyclical buffer requirements plus G-SIB buffer requirement expressed as a percentage of risk weighted assets) of which: capital conservation buffer requirement of which: bank specific countercyclical buffer requirement of which: G-SIB buffer requirement Common Equity Tier 1 available to meet buffers (as a percentage of risk weighted assets) National minima (if different from Basel 3) National Common Equity Tier 1 minimum ratio (if different from Basel 3 minimum) National Tier 1 minimum ratio (if different from Basel 3 minimum) National total capital minimum ratio (if different from Basel 3 minimum) Amounts below the thresholds for deduction (before risk weighting) Non-significant investments in the capital of other financials Significant investments in the common stock of financials Mortgage servicing rights (net of related tax liability) Deferred tax assets arising from temporary differences (net of related tax liability) Applicable caps on the inclusion of provisions in Tier 2 Provisions eligible for inclusion in Tier 2 in respect of exposures subject to standardised approach (prior to application of cap) Cap on inclusion of provisions in Tier 2 under standardised approach Provisions eligible for inclusion in Tier 2 in respect of exposures subject to internal ratings-based approach (prior to application of cap) Cap for inclusion of provisions in Tier 2 under internal ratings-based approach Capital instruments subject to phase-out arrangements (only applicable between 1 Jan 2018 and 1 Jan 2022) Current cap on CET1 instruments subject to phase out arrangements Amount excluded from CET1 due to cap (excess over cap after redemptions and maturities) Current cap on AT1 instruments subject to phase out arrangements Amount excluded from AT1 due to cap (excess over cap after redemptions and maturities) Current cap on T2 instruments subject to phase out arrangements Amount excluded from T2 due to cap (excess over cap after redemptions and maturities)
31 March 2015
D
426,976 1,126,976
B
-
-
-
-
-
-
A
1,126,976 7,653,181
RISK WEIGHTED ASSETS IN REPECT OF AMOUNTS SUBJECT TO PRE-BASEL III TREATMENT OF WHICH: [INSERT NAME OF ADJUSTMENT] OF WHICH: … 60 Total risk weighted assets
Amounts1 subject to Pre Basel III treatment
Source based on reference numbers / letters of the balance sheet under the regulatory scope of consolidation from step 2
54,429,320 11.99% 11.99% 14.06%
0% 0% 0% 0% 11.99% n/a n/a n/a 652,620 124,370 -
426,976 613,727
B
n/a n/a
700,000 300,000
D D
Page 5 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 31 March 2015 TABLE 2: CAPITAL STRUCTURE Main features template of regulatory capital instruments - (Table 2(e)) 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
Issuer Unique identifier (e.g. CUSPIN, ISIN or Bloomberg identifier for private placement) Governing law(s) of the instrument Regulatory treatment Transitional Basel III rules Post-transitional Basel III rules Eligible at solo/lgroup/group&solo Instrument type Amount recognied in regulatory capital (Currency in mil, as of most recent reporting date) Par value of instrument Accounting classification Original date of issuance Perpetual or dated Original maturity date Issuer call subject to prior supervisory approval Option call date, contingent call dates and redemption amount Subsequent call dates if applicable Coupons / dividends Fixed or Floating dividend/coupon Coupon rate and any related index Existence of a dividend stopper Fully discretionary, partially discretionary or mandatory Existence of step up or other incentive to redeem Non cumulative or cumulative Convertible or non-convertible If convertible, conversion trigger (s) If convertible, fully or partially If convertible, conversion rate If convertible, mandatory or optional conversion If convertible, specify instrument type convertible into If convertible, specify issuer of instrument it converts into Write-down feature 0 If write-down, full or partial If write-down, permanent or temporary If temporary writedown, description of the write-up mechansim Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) Non-compliant transitioned features If yes, specify non-compliant features
31 March 2015
Bank Aljazira SA0007879055 Law of the Kingdom of Saudi Arabia
Bank Aljazira Bank Aljazira Sukuk Law of the Kingdom of Saudi Arabia
Common Equity Tier 1 Common Equity Tier 1 Group & Solo Paid-up Share Capital SAR 4,000 million SAR 4,000 million Shareholders’ equity 27-Jul-1976 Perpetual No maturity No Not Applicable Not Applicable
Tier 2 Capital Ineligible Group & Solo Subordinated Sukuk SAR 700 million SAR 1,000 million Liability – amortised cost 29-Mar-2011 Dated 29 March 2021 Yes 29-Mar-2016 Anytime after above date
Not Applicable Not Applicable Not Applicable Fully discretionary No Non-Cumulative Nonconvertible Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable None No Not Applicable
Floating SIBOR + 170 bps No Mandatory Yes Non-Cumulative Nonconvertible Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable No Not Applicable Not Applicable Not Applicable Not Applicable Paid-up Share Capital Yes Presence of call option with step-up margin of 550 bps
Page 6 of 6
