Bawag Group AG (XTER:0B2)
€ 71.15 1.15 (1.64%) Market Cap: 5.59 Bil Enterprise Value: 18.89 Bil PE Ratio: 8.22 PB Ratio: 1.33 GF Score: 54/100

Q1 2020 BAWAG Group AG Earnings Call Transcript

Apr 27, 2020 / 08:00AM GMT
Operator

Ladies and gentlemen, thank you for standing by. And welcome to the BAWAG Group Q1 2020 Results Call. (Operator Instructions) I must advise you that this conference is being recorded today, Monday, 27th of April 2020.

I would now like to hand the conference over to your first speaker today, Mr. Anas Abuzaakouk. Thank you. Please go ahead.

Anas Abuzaakouk
BAWAG Group AG - Chairman of the Managing Board & CEO

Thank you, operator. Good morning, everyone. I hope everyone is keeping well and staying healthy. It goes without saying we're living in unprecedented times and having to address an environment that we have not seen before. However, I can assure you, we'll do our best to navigate these uncertain and volatile times, ensuring that we protect our employees, support our customers and local communities and protect our franchise.

Before we jump into the financials, we wanted to provide an update as to the actions we've taken in response to COVID-19.

On Slide 2, in Austria, which is the core and foundation of our business, a

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