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

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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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