Standard Bank Group Ltd (OTCPK:SGBLY)
$ 13.4 -0.075 (-0.56%) Market Cap: 22.26 Bil Enterprise Value: 18.46 Bil PE Ratio: 9.51 PB Ratio: 1.47 GF Score: 70/100

Standard Bank Group Ltd Investor Call Transcript

Mar 31, 2020 / 03:00PM GMT
Release Date Price: $5.58 (+4.92%)
Operator

Good day, ladies and gentlemen, and welcome to the Standard Bank Group investors call. (Operator Instructions) Please also note that this call is being recorded. I would now like to turn the conference over to Sim Tshabalala. Please go ahead.

Simpiwe Kenneth Tshabalala
Standard Bank Group Limited - Group Chief Executive & Director

Thank you, Chris. Good afternoon, everyone, and thanks again to you, the operator. We appreciate everyone dialing in this afternoon, and thank you for the interest in this call. I have with me on the phone, the Group Financial Director, Arno Daehnke.

The purpose of today's call is to provide you with my views on where we find ourselves and the actions we, as Standard Bank, have taken so far. Arno will comment on the accounting implications of the actions taken, the group's capital and liquidity position and the Moody's downgrade. I will provide some closing remarks, and then we will take questions.

I would like to start by emphasizing that there's no doubt that the strong public health measures adopted by the

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