LONDON Oct 4 Barclays has completed
the sale of its Egyptian unit to Morocco's Attijariwafa Bank
, the British bank said on Tuesday, as it continues to
dispose of assets not deemed core to a new strategy focused on
the United States and Britain.
The sale will result in a reduction of about 2 billion
pounds ($2.55 billion) in the bank's risk-weighted assets,
Barclays said, boosting its core capital ratio by about 0.1
Reuters reported Attijariwafa's interest last month.
($1 = 0.7843 pounds)
(Reporting by Lawrence White; editing by David Clarke)