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    DSY   ZAE000022331

DISCOVERY LIMITED

(DSY)
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Discovery : Public disclosures Quarter ended 30 September 2021

11/25/2021 EST

PILLAR III

Public disclosures

FOR THE QUARTER ENDED 30 SEPTEMBER 2021

Discovery Bank Limited and

Discovery Bank Holdings Limited Group

Pillar III - 30 September 2021

Contents

Quantitative Tables and Templates..................................................................................................................................................

3

Overview of Risk Management and Risk-WeightedAssets .........................................................................................................

5

1.1 KM1: Key metrics (at consolidated Group level) ..................................................................................................................

5

1.2 OV1: Overview of Risk-Weighted Assets (RWA)....................................................................................................................

8

Leverage Ratio .....................................................................................................................................................................................

10

LR1: Summary comparison of accounting assets versus leverage ratio exposure measure (simple consolidated

without change)......................................................................................................................................................................

10

LR2: Leverage ratio disclosure template (simple consolidation without change) ...............................................................

10

Liquidity.................................................................................................................................................................................................

12

LIQ1: Liquidity Coverage Ratio (LCR) ........................................................................................................................................

12

Abbreviation.........................................................................................................................................................................................

14

2

01

Quantitative tables

Pillar III - 30 September 2021

Quantitative Tables and Templates

The Pillar 3 risk management report provides the quarterly view of Discovery Bank and Discovery Bank Holdings Limited Group for the period ending September 2021. It complies with

  • The Basel Committee on Banking Supervision (BCBS) Pillar 3 disclosure requirements (Revised Pillar 3 framework - January 2015) as well as the consolidated and enhanced framework issued in March 2017 and the updated framework on Pillar 3 disclosure requirements in December 2018.
  • Consolidated Basel Pillar III disclosure requirements through Directive 1/2019
  • Regulation 43(1) of the Regulations relating to Banks (Regulations), issued in terms of the Banks Act, 1990 (Act No. 94 of 1990), where not superseded by the Pillar 3 disclosure requirements.

For the reporting period, management is satisfied that the Bank's risk and capital management processes operated effectively, and the Bank is adequately capitalised and funded to support the execution of its strategy.

Table KM1and OV1 are reported on a consolidated level whereas the remaining tables are all reported on a Bank level.

The legal entity structure of Discovery Bank

4

Pillar III - 30 September 2021

Overview of Risk Management and Risk-Weighted Assets

1.1 KM1: Key metrics (at consolidated Group level)

This section provides information on Discovery's prudential regulatory metrics. Metrics include Discovery Bank's available capital and ratios, risk-weighted assets, leverage ratio, liquidity coverage ratios and net stable funding ratios. These metrics are presented at a Discovery Bank Holdings Limited Group level. Discovery Bank adopted IFRS 9 on 1 July 2017 and the figures presented include the effects of this.

As at

As at

As at

30

R'000

30 June

31 March

September

2021

2021

2021

As at

As at

30

30

December

September

2020

2020

Available capital (amounts)

1

Common Equity Tier 1 (CET1)

860,712

858,200

739,378

744,956

766,220

1a

Fully loaded ECL accounting model

0

0

0

0

0

2

Tier 1

860,712

858,200

739,378

744,956

766,220

2a

Fully loaded ECL accounting model Tier 1

0

0

0

0

0

3

Total capital

906,925

905,085

784,736

790,794

813,713

3a

Fully loaded ECL accounting model total capital

0

0

0

0

0

Risk-weighted assets (amounts)

4

Total risk-weighted assets (RWA)

5,269,022

4,983,408

4,425,177

4,546,568

4,681,824

Risk-based capital ratios as a percentage of RWA

5 Common Equity Tier 1 ratio (%)

5aFully loaded ECL accounting model Common Equity Tier 1(%)

16.335%

17.221%

16.707%

16.385%

16.364%

.000%

.000%

.000%

.000%

.000%

5

Disclaimer

Discovery Limited published this content on 25 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 November 2021 14:20:03 UTC.


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