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
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Standard Bank Group Ltd Voluntary Trading Update and Pre-Close Call Transcript

Nov 29, 2021 / 03:00PM GMT
Release Date Price: R128.99 (+4.92%)
Sarah Rivett;Carnac
Standard Bank Group Limited - Head of IR

Good afternoon, and thank you for joining the Standard Bank Group pre-close call this afternoon. My name is Sarah Rivett-Carnac, and I'll be managing the call today. As you will all be aware, we issued a voluntary trading updates on SENS this morning. The purpose of this call is to cover the highlights of that announcement, and then we will open the line for questions. On the call today, we have Arno Daehnke, the Standard Bank Group Finance Director; and Brooks Mparutsa, Barbara Bell and Thembelihle Ngema, the client segment CFOs.

I will now hand over to Arno. Thank you. Arno, over to you.

Arno Daehnke
Standard Bank Group Limited - Chief Finance & Value Management Officer, Financial Director and Executive Director

Thank you, Sarah, and good afternoon to all. I will start with some brief comments on the recent macroeconomic developments and then turn to the Standard Bank Group trends. Since our 9 months operational update in October 2021, the IMF has upgraded its

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