Hippophibia
Member
Barclays PLC today announced their intention to sell down their 62,3% stake in Barclays Africa (Absa in SA) over 2-3 years. You will not be impacted in any way. Absa is here to stay. Our financial results show solid growth. We will continue serving you as always.
http://zitamar.com/barclays-confirms-plan-to-quit-africa/
Barclays bank has been operational in Africa for over 100 years now quitting after big loss.
I think 40,000 reduction in bank staff - I recon only half would keep employment as other financial institutions take over.
http://zitamar.com/barclays-confirms-plan-to-quit-africa/
Barclays bank has been operational in Africa for over 100 years now quitting after big loss.
I think 40,000 reduction in bank staff - I recon only half would keep employment as other financial institutions take over.