Full Year 2020 Natwest Group PLC Earnings Call (Fixed Income Investors) Transcript
Welcome, everyone. Today's presentation will be hosted by Katie Murray, Chief Financial Officer; and Donal Quaid, Group Treasurer. After the presentation, we will open up for questions.
Katie, please go ahead.
Good afternoon, everyone. Thank you for joining us this afternoon for our 2020 Fixed Income Results Presentation. I am joined today by Donal Quaid, our Treasurer; and Paul Pybus, our Head of Debt IR. I will take you through the headlines for 2020, give an update on our strategic priorities and then move into some of the detail. Donal will then take you through the balance sheet, capital and liquidity, and then we'll open it up for questions.
So starting with the headlines on Slide 3. Against the backdrop of economic uncertainty, we have delivered a resilient performance while supporting our customers through the pandemic. Today, we reported an operating profit before impairment of GBP 2.9 billion for the full year with impairments of GBP 3.2 billion, below our
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