VANQUIS BANKING GROUP PLC (VANQ) — Interim Results

Investor webinar replay

Replay transcript excerpt

Good afternoon, and welcome to the VANQUIS BANKING GROUP PLC Half Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. Before we begin, I would like to submit the following poll. And I would now like to hand you over to CEO, Ian McLaughlin. Good afternoon to you, sir. Afternoon, Alex, and welcome, everybody. If we just go to our sort of intro slides, look. It's I really appreciate you joining this afternoon. It's a bit of a frustrating update from VANQUIS. I'm sure it is for you, for your investors. It certainly is for us as a management team. We are making really strong underlying progress, and I'll go through a little bit of that, in a second because I think it's important to talk about how we're doing with what we committed to do. But then probably the the the meat of today's presentation is what has happened towards the end of the first half that has caused us to change our guidance. So I'll I'll take you through that. I'll then hand over to Dave Watts, our CFO. You can see on the screen, I've got James r Cranston, our head of investor relations with me, and Dave as well. And then we'll go to your questions, which which are always the bit where we get great value from. So look forward to that. Please do post your questions as we go. So so, look, as I said, a bit of a frustrating first half for us. Really good underlying progress, particularly on transformation, but two headwinds and one particular tailwind, and and that's what I wanna unpack. So if we just go to, the next slide, if I'm summarizing where are we on the, in our...