Barclays africa news today

Here are some recent news articles about Barclays Africa:

Latest News

• Barclays Africa to change name to Absa Group (Business Day, 12 February 2020): Barclays Africa Group Limited has announced that it will change its name to Absa Group Limited, effective from 2 December 2020. The name change is part of the bank's efforts to distance itself from the Barclays brand, which is being phased out globally.
• Barclays Africa reports 12% increase in profit (Fin24, 28 January 2020): Barclays Africa Group Limited has reported a 12% increase in profit for the six months ended 30 September 2019, driven by a strong performance in its retail and business banking divisions.
• Barclays Africa to sell stake in Nigerian bank (The Financial Times, 14 January 2020): Barclays Africa Group Limited has agreed to sell its 49% stake in Nigerian bank, Absa Nigeria, to the bank's management and employees. The deal is expected to be completed in the first half of 2020.

Recent Developments

• Barclays Africa's CEO resigns (Business Day, 10 December 2019): Maria Ramos, the CEO of Barclays Africa Group Limited, has resigned from her position, effective from 31 March 2020. She will be replaced by Jason Quinn, the bank's chief financial officer.
• Barclays Africa to launch digital bank in Kenya (The East African, 4 December 2019): Barclays Africa Group Limited has announced plans to launch a digital bank in Kenya, which will offer a range of financial services to customers through mobile devices.
• Barclays Africa's profit falls 14% (Fin24, 28 November 2019): Barclays Africa Group Limited has reported a 14% decline in profit for the year ended 30 September 2019, due to a decline in its corporate and investment banking division.

I hope this information is helpful!