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AfrAsia Bank Limited and its Group Entities
Annual Report 2015
page 161
46
54
36
64
100%
80%
60%
40%
20%
0%
2013
Segment A
2014
2015
Segment B
27
73
Capital Resources
The Bank’s capital base was strengthened with the coming on board of a shareholder of international renown namely, the National
Bank of Canada which, as at June 2015, became the Bank’s 2
nd
largest shareholder with a 17.5% stake. Capital adequacy ratio of
13.7%, under Basel III also reflected a well-positioned statement of financial position. Of note, the Bank fully recognised its Class A
shareholders’ entitlement to their dividends according to the terms and conditions of the Class A shares programme memorandum
and paid its Ordinary shareholders an amount of MUR 1.65 per share during the year ending June 2015.
TOTAL CAPITAL UNDER BASEL
3,500
4,500
5,000
4,000
3,000
2,500
2,000
1,500
1,000
500
0
2013
2014
2015
Shareholders’ fund (MUR ‘m)
2,698
3,497
4,913
CAR = 12.5%
CAR = 13.1%
CAR = 13.7%
DEPOSITS (%)