Basel III P3 Capital Structure Disclosures
Pillar 3 Capital Structure Disclosures 30 September 2014
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014 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
8,410,855 2,333,256 12,159,473 40,253,311 123,745 664,470 554,992 1,132,818 65,632,920
-
8,410,855 2,333,256 12,159,473 40,253,311 123,745 664,470 554,992 1,132,818 65,632,920
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue Other liabilities Subtotal
3,910,002 53,706,910 1,000,000 983,587 59,600,499
-
3,910,002 53,706,910 1,000,000 983,587 59,600,499
Paid up share capital Statutory reserves General reserves Other reserves Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 1,262,500 68,000 (67,752) 769,673 65,632,920
-
4,000,000 1,262,500 68,000 (67,752) 769,673 65,632,920
30 September 2014
Page 2 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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)
8,410,855 2,333,256 12,159,473
-
8,410,855 2,333,256 12,159,473
636,000
-
636,000
40,253,311 405,855 123,745
-
40,253,311 405,855 123,745
123,745
-
123,745
664,470 554,992 1,132,818 65,632,920
-
664,470 554,992 1,132,818 65,632,920
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
3,910,002 53,706,910 1,000,000 1,000,000 983,587 59,600,499
-
3,910,002 53,706,910 1,000,000 1,000,000 983,587 59,600,499
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 1,262,500 68,000 (67,752) (79,279) 769,673 65,632,920
-
4,000,000 4,000,000 1,262,500 68,000 (67,752) (79,279) 769,673 65,632,920
30 September 2014
Reference
A B
C
D
E F G H I J K
Page 3 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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 balance sheet Pre - Basel III under the treatment 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 10 11 12 13 14 15 16 17 18
19 20 21
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 Shortfall of provisions to expected losses 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)
769,673 1,262,748 6,032,421
Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability)
22 Amount exceeding the 15% threshold 23 of which: significant investments in the common stock of financials 24 of which: mortgage servicing rights 25 of which: deferred tax assets arising from temporary differences 26 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:… 27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions 28 Total regulatory adjustments to Common equity Tier 1 29 Common Equity Tier 1 capital (CET1) Additional Tier 1 capital: instruments 30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus 31 of which: classified as equity under applicable accounting standards 32 of which: classified as liabilities under applicable accounting standards 33 Directly issued capital instruments subject to phase out from Additional Tier 1 34 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) 35 of which: instruments issued by subsidiaries subject to phase out 36 Additional Tier 1 capital before regulatory adjustments Additional Tier 1 capital: regulatory adjustments 37 Investments in own Additional Tier 1 instruments 38 Reciprocal cross-holdings in Additional Tier 1 instruments 39 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) 40 Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) 41 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: … 42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions 43 Total regulatory adjustments to Additional Tier 1 capital 44 Additional Tier 1 capital (AT1) 45 Tier 1 capital (T1 = CET1 + AT1)
30 September 2014
E K G+H+I -
-
-
79,279 -
-
J
A (7)
-
-
-
-
-
79,272 6,111,693 -
-
-
-
-
-
6,111,693
Page 4 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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 1
Components 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 REGULATORY ADJUSTMENTS APPLIED TO TIER 2 IN RESPECT OF AMOUNTS SUBJECT TO PREBASEL III TREATMENT 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)
800,000
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)
30 September 2014
D
405,855 1,205,855
B
-
-
(25,010)
-
-
-
A
(25,010) 1,180,845 7,292,538
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
51,338,950 11.90% 11.90% 14.20%
0% 0% 0% 0% 11.90% n/a n/a n/a 123,745 -
405,855 588,465
B
n/a n/a
800,000 200,000
D D
Page 5 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
TABLE 2: CAPITAL STRUCTURE 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
Main features template of regulatory capital instruments - (Table 2(e)) Issuer Bank Aljazira Unique identifier (e.g. CUSPIN, ISIN or Bloomberg identifier for private placement) SA0007879055 Governing law(s) of the instrument Law of the Kingdom of Saudi Arabia Regulatory treatment Transitional Basel III rules Common Equity Tier 1 Post-transitional Basel III rules Common Equity Tier 1 Eligible at solo/lgroup/group&solo Group & Solo Instrument type Paid-up Share Capital Amount recognied in regulatory capital (Currency in mil, as of most recent reporting date) SAR 4,000 million Par value of instrument SAR 4,000 million Accounting classification Shareholders’ equity Original date of issuance 27-Jul-1976 Perpetual or dated Perpetual Original maturity date No maturity Issuer call subject to prior supervisory approval No Option call date, contingent call dates and redemption amount Not Applicable Subsequent call dates if applicable Not Applicable Coupons / dividends Fixed or Floating dividend/coupon Not Applicable Coupon rate and any related index Not Applicable Existence of a dividend stopper Not Applicable Fully discretionary, partially discretionary or mandatory Fully discretionary Existence of step up or other incentive to redeem No Non cumulative or cumulative Non-Cumulative Convertible or non-convertible Nonconvertible If convertible, conversion trigger (s) Not Applicable If convertible, fully or partially Not Applicable If convertible, conversion rate Not Applicable If convertible, mandatory or optional conversion Not Applicable If convertible, specify instrument type convertible into Not Applicable If convertible, specify issuer of instrument it converts into Not Applicable Write-down feature No If write-down, write-down trigger (s) Not Applicable If write-down, full or partial Not Applicable If write-down, permanent or temporary Not Applicable If temporary writedown, description of the write-up mechansim Not Applicable Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) None Non-compliant transitioned features No If yes, specify non-compliant features Not Applicable
30 September 2014
Bank Aljazira Bank Aljazira Sukuk Law of the Kingdom of Saudi Arabia Tier 2 Capital Ineligible Group & Solo Subordinated Sukuk SAR 800 million SAR 1,000 million Liability – amortised cost 29-Mar-2011 Dated 29 March 2021 Yes 29-Mar-2016 Anytime after above date 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 30 September 2014 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
8,410,855 2,333,256 12,159,473 40,253,311 123,745 664,470 554,992 1,132,818 65,632,920
-
8,410,855 2,333,256 12,159,473 40,253,311 123,745 664,470 554,992 1,132,818 65,632,920
Liabilities Due to Banks and other financial institutions Customer deposits Debt securities in issue Other liabilities Subtotal
3,910,002 53,706,910 1,000,000 983,587 59,600,499
-
3,910,002 53,706,910 1,000,000 983,587 59,600,499
Paid up share capital Statutory reserves General reserves Other reserves Retained earnings Minority Interest Proposed dividends Total liabilities and equity
4,000,000 1,262,500 68,000 (67,752) 769,673 65,632,920
-
4,000,000 1,262,500 68,000 (67,752) 769,673 65,632,920
30 September 2014
Page 2 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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)
8,410,855 2,333,256 12,159,473
-
8,410,855 2,333,256 12,159,473
636,000
-
636,000
40,253,311 405,855 123,745
-
40,253,311 405,855 123,745
123,745
-
123,745
664,470 554,992 1,132,818 65,632,920
-
664,470 554,992 1,132,818 65,632,920
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
3,910,002 53,706,910 1,000,000 1,000,000 983,587 59,600,499
-
3,910,002 53,706,910 1,000,000 1,000,000 983,587 59,600,499
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 1,262,500 68,000 (67,752) (79,279) 769,673 65,632,920
-
4,000,000 4,000,000 1,262,500 68,000 (67,752) (79,279) 769,673 65,632,920
30 September 2014
Reference
A B
C
D
E F G H I J K
Page 3 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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 balance sheet Pre - Basel III under the treatment 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 10 11 12 13 14 15 16 17 18
19 20 21
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 Shortfall of provisions to expected losses 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)
769,673 1,262,748 6,032,421
Deferred tax assets arising from temporary differences (amount above 10% threshold, net of related tax liability)
22 Amount exceeding the 15% threshold 23 of which: significant investments in the common stock of financials 24 of which: mortgage servicing rights 25 of which: deferred tax assets arising from temporary differences 26 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:… 27 Regulatory adjustments applied to Common Equity Tier 1 due to insufficient Additional Tier 1 and Tier 2 to cover deductions 28 Total regulatory adjustments to Common equity Tier 1 29 Common Equity Tier 1 capital (CET1) Additional Tier 1 capital: instruments 30 Directly issued qualifying Additional Tier 1 instruments plus related stock surplus 31 of which: classified as equity under applicable accounting standards 32 of which: classified as liabilities under applicable accounting standards 33 Directly issued capital instruments subject to phase out from Additional Tier 1 34 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) 35 of which: instruments issued by subsidiaries subject to phase out 36 Additional Tier 1 capital before regulatory adjustments Additional Tier 1 capital: regulatory adjustments 37 Investments in own Additional Tier 1 instruments 38 Reciprocal cross-holdings in Additional Tier 1 instruments 39 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) 40 Significant investments in the capital of banking, financial and insurance entities that are outside the scope of regulatory consolidation (net of eligible short positions) 41 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: … 42 Regulatory adjustments applied to Additional Tier 1 due to insufficient Tier 2 to cover deductions 43 Total regulatory adjustments to Additional Tier 1 capital 44 Additional Tier 1 capital (AT1) 45 Tier 1 capital (T1 = CET1 + AT1)
30 September 2014
E K G+H+I -
-
-
79,279 -
-
J
A (7)
-
-
-
-
-
79,272 6,111,693 -
-
-
-
-
-
6,111,693
Page 4 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
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 1
Components 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 REGULATORY ADJUSTMENTS APPLIED TO TIER 2 IN RESPECT OF AMOUNTS SUBJECT TO PREBASEL III TREATMENT 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)
800,000
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)
30 September 2014
D
405,855 1,205,855
B
-
-
(25,010)
-
-
-
A
(25,010) 1,180,845 7,292,538
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
51,338,950 11.90% 11.90% 14.20%
0% 0% 0% 0% 11.90% n/a n/a n/a 123,745 -
405,855 588,465
B
n/a n/a
800,000 200,000
D D
Page 5 of 6
Bank Aljazira Pillar III Quantitative Disclosures As of 30 September 2014
TABLE 2: CAPITAL STRUCTURE 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
Main features template of regulatory capital instruments - (Table 2(e)) Issuer Bank Aljazira Unique identifier (e.g. CUSPIN, ISIN or Bloomberg identifier for private placement) SA0007879055 Governing law(s) of the instrument Law of the Kingdom of Saudi Arabia Regulatory treatment Transitional Basel III rules Common Equity Tier 1 Post-transitional Basel III rules Common Equity Tier 1 Eligible at solo/lgroup/group&solo Group & Solo Instrument type Paid-up Share Capital Amount recognied in regulatory capital (Currency in mil, as of most recent reporting date) SAR 4,000 million Par value of instrument SAR 4,000 million Accounting classification Shareholders’ equity Original date of issuance 27-Jul-1976 Perpetual or dated Perpetual Original maturity date No maturity Issuer call subject to prior supervisory approval No Option call date, contingent call dates and redemption amount Not Applicable Subsequent call dates if applicable Not Applicable Coupons / dividends Fixed or Floating dividend/coupon Not Applicable Coupon rate and any related index Not Applicable Existence of a dividend stopper Not Applicable Fully discretionary, partially discretionary or mandatory Fully discretionary Existence of step up or other incentive to redeem No Non cumulative or cumulative Non-Cumulative Convertible or non-convertible Nonconvertible If convertible, conversion trigger (s) Not Applicable If convertible, fully or partially Not Applicable If convertible, conversion rate Not Applicable If convertible, mandatory or optional conversion Not Applicable If convertible, specify instrument type convertible into Not Applicable If convertible, specify issuer of instrument it converts into Not Applicable Write-down feature No If write-down, write-down trigger (s) Not Applicable If write-down, full or partial Not Applicable If write-down, permanent or temporary Not Applicable If temporary writedown, description of the write-up mechansim Not Applicable Position in subordination hierarchy in liquidation (specify instrument type immediately senior to instrument) None Non-compliant transitioned features No If yes, specify non-compliant features Not Applicable
30 September 2014
Bank Aljazira Bank Aljazira Sukuk Law of the Kingdom of Saudi Arabia Tier 2 Capital Ineligible Group & Solo Subordinated Sukuk SAR 800 million SAR 1,000 million Liability – amortised cost 29-Mar-2011 Dated 29 March 2021 Yes 29-Mar-2016 Anytime after above date 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
