barclays bank says profit down by more than half in q1
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Barclays bank says profit down by more than half in Q1

Arab Today, arab today

Arab Today, arab today Barclays bank says profit down by more than half in Q1

British bank Barclays saw net profits sink
London - Arab Today

British bank Barclays saw net profits sink by more than half in the first quarter, hit by a large impairment at its Africa division, it said Friday.
Profit after taxation dived 56 percent to £190 million ($245 million, 225 million euros) in the first three months of 2017 from a year earlier, after taking a vast £884-million charge on its Africa unit, Barclays announced in a statement. 

 

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barclays bank says profit down by more than half in q1 barclays bank says profit down by more than half in q1

 



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