Page 36 - Capricorn IAR 2020
P. 36
GROUP CEO’S REPORT FINANCIAL DIRECTOR’S REVIEW STRATEGY AND MATERIAL MATTERS
Salient performance features from our main subsidiaries
Bank Windhoek
1.7%
growth in net interest income (2019: 10.0%)
24.4%
growth in liquid assets (2019: 15.3%)
10.8%
4.6%
(2019: 4.1%)
4.3%
(2019: 4.6%)
deterioration in operating profit (2019: 10.6% increase)
Net interest margin of
Bank Gaborone
31.0%
growth in net interest income (2019: 2.2%)
7.6%
deterioration in operating profit (2019: 11.4% increase)
Net interest margin of
7.5%
market share (2019: 7.0%)
11.5%
loan book growth (2019: 14.0%)
Capricorn Asset Management
N$31.3 billion
assets under management
14.2%
growth in assets under management
12.6%
growth in non-interest income
34
Entrepo Finance
Net business inflows of
N$197 million
resulted in the total loan book increasing by
19.0% N$1.2 billion
Entrepo Life
to
Premium income decreased by
3.5%
N$186 million
Claims paid increased by
15 . 3% t o N$30.7 million
to
