NovaBank SA — Appendices & Supporting Schedules
Supporting schedules and reference material underpinning the NovaBank SA business plan and financial model.
Section 20 · Business Plan
Appendices & Supporting Schedules
Supporting schedules and reference material underpinning the NovaBank SA business plan and financial model.
Appendix A — Glossary of Key Terms
| Term | Definition |
|---|---|
| B-BBEE | Broad-Based Black Economic Empowerment |
| Basel III | Global regulatory framework for bank capital and liquidity |
| CET1 | Common Equity Tier 1 capital — the highest-quality regulatory capital |
| COFI Act | Conduct of Financial Institutions Act |
| CPA | Cost Per Acquired Customer |
| DMTN | Domestic Medium-Term Note programme |
| ECL | Expected Credit Loss under IFRS 9 |
| FAIS | Financial Advisory and Intermediary Services Act |
| FICA | Financial Intelligence Centre Act |
| FSCA | Financial Sector Conduct Authority |
| JIBAR | Johannesburg Interbank Average Rate |
| LCR | Liquidity Coverage Ratio |
| LSM | Living Standards Measure (SA market segmentation) |
| NCA / NCR | National Credit Act / National Credit Regulator |
| NIM | Net Interest Margin |
| NPL | Non-Performing Loan |
| NSFR | Net Stable Funding Ratio |
| POPIA | Protection of Personal Information Act |
| RPP / PayShap | Rapid Payments Programme — instant interbank payments |
| RWA | Risk-Weighted Assets |
| SARB | South African Reserve Bank |
Appendix B — Data Sources
Industry, regulatory, and market data referenced in this Business
Plan have been drawn from the following primary sources:
- South African Reserve Bank (SARB) — BA900 returns, prudential
statistics, monetary policy reviews. - PwC Major Banks Analysis 2024 (semi-annual).
- National Credit Regulator (NCR) Consumer Credit Market
Reports. - FinMark Trust FinScope South Africa 2024.
- World Bank Global Findex Database 2024.
- BankservAfrica (RPP, EFT, RTC volume statistics).
- Statistics South Africa (Stats SA) — labour, household income,
CPI. - Accenture Digital Banking Index — South Africa 2024.
- Audited Annual Reports of Capitec Bank Holdings, FirstRand,
Standard Bank Group, Absa Group, Nedbank Group. - IMF World Economic Outlook (October 2025).
- ICASA State of the ICT Sector 2024.
- KPMG SA Banking Survey 2024.
Appendix C — Document Distribution Log
| Copy # | Recipient | Date Issued | Acknowledgement |
|---|---|---|---|
| 001 | [Lead Investor / Anchor Shareholder] | [Date] | [Signed] |
| 002 | [Co-Investor] | [Date] | [Signed] |
| 003 | [Lender 1 / Tier-2 Provider] | [Date] | [Signed] |
| 004 | [Strategic Adviser] | [Date] | [Signed] |
Appendix D — Key Contacts
| Role | Name | |
|---|---|---|
| Founding CEO | [Confidential] | ceo@novabank.co.za |
| CFO | [Confidential] | cfo@novabank.co.za |
| Investor Relations | [Confidential] | investors@novabank.co.za |
| Legal Counsel | [External Firm] | [contact] |
| Auditors | [Big-4 Firm] | [contact] |
| Investment Banking Adviser | [Confidential] | [contact] |
This Business Plan was prepared in April 2026. It will be reviewed
and updated at least annually, or whenever there is a material change in
market conditions, regulatory requirements, or the Company’s strategic
direction. The next planned revision is April 2027.
Confidential — this business plan is provided to prospective investors and lenders for evaluation purposes only and may not be reproduced or distributed without the written consent of NovaBank SA (Pty) Ltd.