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Tag Archives: Barclays

Barclays Uganda re-brands, changes to Absa colours

Kampala, Uganda | THE INDEPENDENT | Barclays bank Uganda has started pulling down its old company branding, changing colors and name to Absa. The bank’s branch at Lugogo has already seen the blue color ditched and re-branded with maroon and red colors and name changed from Barclays to Absa. Robinah …

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Barclays rebounds into profit in 2018

London, United Kingdom | AFP | Barclays rebounded sharply into profit in 2018, as a vast hit from the previous year on the sale of its African business was not repeated, the British bank announced Thursday. The lender’s performance came despite vast litigation costs and a new charge on the impact …

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Barclays profit surges in third quarter

London, United Kingdom | AFP |  British bank Barclays on Wednesday reported a 72-percent surge in quarterly net profits as strong performances by its retail and credit card divisions offset weakness at its investment unit. Profit after tax jumped to £1.0 billion ($1.3 billion, 1.1 billion euros) in the three …

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Barclays profits up 30% to Shs72bn

Kampala, Uganda | THE INDEPENDENT | Barclays Bank Uganda has recorded an impressive performance for the year ended Dec 2017, with a 30% growth in net profit to Shs72bn amidst a surge in the Non-Performing Loans. The financial results released on April 16 shows that the growth in profits was driven …

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Jumia widens payment options for customers

Kampala, Uganda | THE INDEPENDENT | Online shopping platform, Jumia, has widened payment options for its customers through partnership with Barclays Bank. This is to enable online shoppers pay for their goods and services using Barclays Bank credit cards at the point of delivery to enhance convenience. Initially, customers were limited …

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