Zimbabwe: Barclays Fy Pat More Than Doubles, Total Income Up 27 Percent

27 February 2017

BARCLAYS Bank Zimbabwe's total income in the full year ended December 31, 2016 rose by 27 percent on the prior year to $58, 3 million boosted by increases in net interest income and non-funded income.

The bank remains part of Barclays Plc after it was excluded from a deal between the parent company and South Africa's ABSA which created Barclays Africa Group in 2013. Barclays last year announced a sell-off of its African assets, including the local unit.

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