Standard Chartered PLC (STU:STD)
€ 10.53 0.03 (0.29%) Market Cap: 25.56 Bil Enterprise Value: 56.44 Bil PE Ratio: 9.70 PB Ratio: 0.55 GF Score: 68/100

Standard Chartered PLC Africa & Middle East Investor Seminar Transcript

Nov 27, 2019 / 01:00PM GMT
Release Date Price: €8.21 (+1.23%)
William Thomas Winters
Standard Chartered PLC - Group Chief Executive & Director

Good evening or I guess it's going to be afternoon for everybody now. Thanks for joining us. It's a pleasure to be talking about our AME business. I hope that over the course of today you'll get some real color from the team. If, like I did just a few years back, you get a sense of just a fraction of the richness of our franchise, we will have been successful.

Africa/Middle East is -- it's a big region geographically and culturally. And it's one where the bank has been -- Standard Chartered has been operating for 160 or -- yes, 160-plus years. And through that 160 years, we've learned a lot. A lot of that has gone into building the really substantial presence we've got today. Of course, we made some mistakes and learned some lessons the hard way as well, which is part of the reason that we're confident that as we sit here today, that we can take a region that's a meaningful contributor to our bank, and a meaningful differentiator, maybe as importantly as the direct contribution, and use that to drive through to

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