Aug 03, 2021 / 07:00AM GMT
Operator
Welcome to Standard Chartered PLC Half Year 2021 Results. Today's presentation is being hosted by Bill Winters, Group Chief Executive; and Andy Halford, Group Chief Financial Officer. (Operator Instructions) At this point, I'd like to hand over to Bill to begin.
William Thomas Winters - Standard Chartered PLC - Group Chief Executive & Director
Good morning, good afternoon, everybody. Thanks very much for joining our half year results. I am sitting here in Hong Kong. Andy is in London. I will say a couple of things upfront. Andy will go through a lot of the details on the half year report. I'll come back for a few thematic comments, and we'll try to save plenty of time for question and answers.
Long story short, we think it was a very good, strong first half of the year. Clearly, the profits are up significantly on the back of the much improved loan impairment story. The -- this we think is fundamentally attributable to the high quality of our credit portfolio. The numbers are not (inaudible) by big reversals of provisions but rather by low
Half Year 2021 Standard Chartered PLC Earnings Call Transcript
Aug 03, 2021
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