Standard Bank Group Ltd (JSE:SBK)
R 223.21 -2.27 (-1.01%) Market Cap: 368.88 Bil Enterprise Value: 302.45 Bil PE Ratio: 8.55 PB Ratio: 1.40 GF Score: 59/100

Half Year 2019 Standard Bank Group Ltd Earnings Call Transcript

Aug 08, 2019 / 08:00AM GMT
Release Date Price: R171.21 (+0.13%)
Arno Daehnke
Standard Bank Group Limited - Group Financial Director & Executive Director

Good morning, everyone. Welcome to our 2019 Interim Results Presentation. And a special welcome to all the participants on the webcast on the conference call.

Standard Bank's strategy represents our commitment to the shared future that we intend to create for our customers, our stakeholders and our people. Indeed, for our continent. We have deep roots in and a unique network across Africa, where banking revenue pools are expected to experience the second fastest growth in the world over the next 5 years, according to a study by McKinsey. Every day, our 52,000 employees help millions of people and companies to achieve their growth ambitions, using the unique power of financial services to grow the continent we call our home.

Our purpose has always guided our decisions, behaviors and everything we do. Our long-term profitability depends on the stability, well-being and the growth of our continent. We must be a catalyst for change in Africa, and our success is integral to the change.

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