Nedbank Group Ltd (OTCPK:NDBKF)
$ 18.673 0 (0%) Market Cap: 7.59 Bil Enterprise Value: 7.59 Bil PE Ratio: 8.88 PB Ratio: 1.16 GF Score: 80/100

Nedbank Group Ltd Pre-Close Conference Call Transcript

Dec 02, 2020 / 12:00PM GMT
Release Date Price: $8.37
Operator

Good day, ladies and gentlemen, and welcome to the Nedbank Group Pre-Close Investor Call. (Operator Instructions) Please note that this call is being recorded.

I'd now like to turn the conference over to Mike Davis. Please go ahead, sir.

Michael Davis
Nedbank Group Limited - CFO, Debt Officer & Director

Thank you, Claudia, and welcome to everyone who has joined the Nedbank Group Pre-Close Call. In the next 20 minutes or so, I will share with you some insights to the group's financial performance to the end of October, trends into Q4 and also confirm that currently we remain on track to meet the full year guidance we provided as part of our previous updates to the market. The content of this pre-close has also just been released on SENS.

On October 29, we released a detailed voluntary trading update for the 9 months ended September 30, wherein we noted that both the economic environment and the performance of the group had improved in the third quarter when compared to the second quarter of 2020.

We noted that while the negative

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