Feb 18, 2021 / 03:00PM GMT
Operator
Welcome to the Barclays Full Year 2020 Fixed Income Conference Call. I will now hand you over to Tushar Morzaria, Group Finance Director.
Tushar Morzaria - Barclays PLC - Group Finance Director & Executive Director
Good afternoon, everyone, and welcome to the fixed income investor call for our full year 2020 results. I'm joined today by Kathryn, our Group Treasurer; and Miray, our Head of Term Funding.
Let me start with Slide 3 and make a few brief comments before handing over to Kathryn. As I said this morning, our priority during the pandemic has been to support the economy, serving our customers and looking after the interest of colleagues and other stakeholders. It's been a very challenging year, but the pandemic has shown very clearly the benefits of our diversified business model.
Despite the effects of the pandemic, we reported a statutory RoTE of 3.2% or 3.4%, excluding litigation and conduct. The impairment charge of GBP 4.8 billion up almost GBP 3 billion year-on-year, reduced PBT from GBP 6.2 billion to GBP 3.2 billion,
Full Year 2020 Barclays PLC Fixed Income Analysts and Investors Earnings Call Transcript
Feb 18, 2021
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