Capricorn Group Ltd 2020 Integrated Report
The report details Capricorn Group's performance and resilience during the 2020 financial year, navigating the economic impacts of the COVID-19 pandemic. Key highlights include the proposed sale of the loss-making Cavmont Bank in Zambia to Access Bank Group and a 30% acquisition in Paratus Group Holdings to leverage data and digital transformation. Despite interest rate cuts causing margin compression, the Group maintained a strong capital position with a total risk-based capital adequacy ratio of 14.7%. Additionally, the Group established the Capricorn Foundation to coordinate its corporate social responsibility and sustainability initiatives.
Company: Capricorn Group Ltd
Sector: Finance & insurance
Country: Namibia
Year: 2020
Type: Integrated Report
Pages: 268
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Capricorn Group Ltd
Integrated Annual Report
The report details Capricorn Group's performance and resilience during the 2020 financial year, navigating the economic impacts of the COVID-19 pandemic. Key highlights include the proposed sale of the loss-making Cavmont Bank in Zambia to Access Bank Group and a 30% acquisition in Paratus Group Holdings to leverage data and digital transformation. Despite interest rate cuts causing margin compression, the Group maintained a strong capital position with a total risk-based capital adequacy ratio of 14.7%. Additionally, the Group established the Capricorn Foundation to coordinate its corporate social responsibility and sustainability initiatives.
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Document Details
Report Year
2020
Reporting Period
Jul 1, 2019 - Jun 30, 2020
Fiscal Year
2020
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees