Nedbank Group Ltd (OTCPK:NDBKF)
$ 18.673 0 (0%) Market Cap: 7.74 Bil Enterprise Value: 7.74 Bil PE Ratio: 8.88 PB Ratio: 1.16 GF Score: 80/100

Half Year 2023 Nedbank Group Ltd Earnings Call Transcript

Aug 08, 2023 / 02:00PM GMT
Release Date Price: $11.39 (-15.04%)
Michael William Thomas Brown
Nedbank Group Limited - Chief Executive & Executive Director

Good afternoon, and welcome to everyone on the webcast, those dialing in via the telephone lines and via LinkedIn. Today, we are sharing the Nedbank Group's interim results to 30 June 2023, which I believe highlights that as a result of good strategic and operational performance, Nedbank has delivered a solid set of interim results in an external environment that has become increasingly more challenging.

The format of today's presentation, as shown on the right of the slide. We'll start with myself providing an overview of the group's performance, then I will reflect on our view of the operating environment in the first half of the year and the outcomes we achieved on our strategic growth drivers. I will then hand over to Mfundo Nkuhlu, our Chief Operating Officer, who will provide an update on our Managed Evolution technology program and the increasingly positive impact that it is having on clients and our operations as well as the progress we have made on our 5 strategic value unlocks. Mike Davis, our

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