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2010 Highlights
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| NET ASSET VALUE PER SHARE | NON-INTEREST REVENUE | |||
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» Continued new product development as part of commitment to leading through innovation.
» Cost discipline maintained while creating frontline jobs.
» Ongoing enhancement of capital management and risk processes.
- Approval by South African Reserve Bank of Advanced Measurement Approach for operational risk (effective 2010) and Internal Model Approach for market risk (effective 2011).
- Strong capital and liquidity positions.
- Capital adequacy further strengthened (core Tier 1: 10,1%).
» Maintained and enhanced level 2 broad-based black economic empowerment ranking in
terms of Department of trade and industry codes.
» High level of staff morale maintained despite difficult operating conditions.
» Retained and strengthened position as South Africa’s ‘green and caring’ bank.
- Carbon neutral – Africa’s first carbon-neutral financial organisation.
- Listed for the sixth year on the Dow Jones World Sustainability Index – the world’s premier performance benchmark for companies in terms of corporate sustainability.
| This page was updated on 23 March, 2011 |  Return to top |
