Half Year 2024 Standard Bank Group Ltd Earnings Call Transcript

Aug 15, 2024 / NTS GMT
Simphiwe Tshabalala - Standard Bank Group Ltd - Group Chief Executive Officer, Executive Director

Good morning, everyone. On behalf of the Board and management of the Standard Bank Group, it's my pleasure to welcome you to the presentation of our financial results for the first half of 2024. This has been a half of disciplined, steady, and successful execution. We have delivered excellent organic growth throughout our businesses. I will begin by placing our strategic achievements and rapid franchise growth in their broader context.

Our Chief Financial Officer, Dr. Arno Daehnke, will then take us through the results in detail. I will conclude by discussing our strategy and outlook.

The performance of the world economy was dampened by continuing serious geopolitical tension, including major wars in Europe and the Middle East. Deglobalization, destructive trade rivalries, and the disruption of formally well-established supply chains have continued and even accelerated over the half.

More than 1 billion people have already voted this year. We've seen serious political uncertainty and

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