Barclays Africa Group Ltd (BGAJ.J)
16 Mar 2018
Thu, Mar 1 2018
* Name to revert back to Absa Group (Recasts, adds finance director comments)
JOHANNESBURG, March 1 The chief executive of Barclays Africa said on Thursday the lender aims to enter Nigeria as a new market as it seeks to raise its share of the African banking market to 12 percent from 6 percent over the medium term.
* TO CHANGE GROUP'S NAME FROM "BARCLAYS AFRICA GROUP LTD" TO "ABSA GROUP LTD", SUBJECT TO REGULATORY AND SHAREHOLDERS' APPROVAL Source text for Eikon: Further company coverage:
March 1 Barclays Africa Group, South Africa's No.2 lender by market value, reported a 4 percent rise in annual profit on Thursday, thanks to a substantial decline in impairments.
LONDON, Feb 22 (IFR) - Barclays' corporate and investment bank made a loss in the final quarter for the first time in three years, as income fell in trading, equities and banking and it took a loss on UK construction firm Carillion.
JOHANNESBURG, Feb 16 A South African court on Friday threw out the findings of a public anti-graft watchdog that Barclays Africa unduly benefited from an apartheid-era bailout of another bank and should repay.
LONDON Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent.
LONDON, Dec 1 Barclays will sell a 7 percent stake in Johannesburg-based Barclays Africa Group on December 5, the British bank said on Friday, the latest and likely last in a series of such sales as it ends more than 90 years as a major presence on the continent.
* REDUCTION OF BARCLAYS' SHAREHOLDING IN BARCLAYS AFRICA GROUP LIMITED
* FOLLOWING CONTRIBUTION TO INTERIM B-BBEE STRUCTURE, TRANSFER TO FINANCIAL INSTITUTIONS, BARCLAYS' TOTAL INTEREST IN BARCLAYS AFRICA IS AT 14.9% Source text for Eikon: Further company coverage: (Bangalore.email@example.com)