Home news Barclays CEO confirms Africa divestiture

Barclays CEO confirms Africa divestiture

0

The Barclays Plc chief executive Jes Staley has confirmed that the bank will partly divest from its African business within the next ‘two to three years’. The London-based lender, which owns 62.3 per cent of Barclays Africa, through an entity that in turn holds a 68.5 per cent stake in Barclays Bank Kenya (BBK), has been