Ally Financial Inc (FRA:GMZ)
€ 37.01 -0.14 (-0.38%) Market Cap: 11.49 Bil Enterprise Value: 22.05 Bil PE Ratio: 16.25 PB Ratio: 1.07 GF Score: 78/100
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Ally Financial Inc at Citi FinTech Conference (Virtual) Transcript

Nov 16, 2021 / 03:30PM GMT
Release Date Price: €43.8 (-0.45%)
Arren Saul Cyganovich
Citigroup Inc., Research Division - VP & Senior Analyst

Hello. Thanks for joining us. This is Arren Cyganovich. I am the Consumer Finance Analyst. We are at Citi's Financial Technology Conference, and we are very pleased to have with us Hans Zandhuis from Ally Lending, and we look forward to hearing more about this kind of growing fast business within Ally and some of the strategy. So thanks for joining us, Hans.

Hans Zandhuis

Pleasure to be here, Arren.

Questions & Answers

Arren Saul Cyganovich
Citigroup Inc., Research Division - VP & Senior Analyst

Just to start off, maybe you could just talk a little bit about your background on Ally Lending. It's a digitally based point-of-sale business. You founded it and now you run it in Ally, that acquired the company in 2019. You just talk to us about what led you to launch this business and how the combination with Ally in all digital direct bank has enhanced your capabilities.

Hans Zandhuis

Yes,

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