Barclays Africa 2017 interim results, 28 July

Barclays Africa First-Half Results Show Resilience in Deteriorating Environment

Performance highlights:

(A normalised view is presented to take into account the effect of the separation from PLC)

  • Headline earnings increased by 7% to R7.8 billion
  • Credit impairments declined 27% from a high base in the first half of 2016
  • Revenue decreased 1% to R36 billion
  • Effective cost-containment helped achieve cost-to-income ratio of 55.6% 
  • Return on equity rose to 16.8% from 16.1%
  • Balance sheet at R1.1 trillion, with strong capital adequacy and liquidity reserve positions

Our JSE SENS announcement will be issued at approximately 07:00 (South African time) and will be published along with our presentation and booklet on www.barclaysafrica.com thereafter.

Participate in the results presentation at 09:00 (South African time) via webcast or conference call:

http://www.corpcam.com/BarclaysAfrica28072017

An option to switch to audio stream only is also available

  • Teleconference: Code 478302
  • South Africa - 0800982945 (toll free) / 0214273001 (toll)
  • UAE - 8000440433 (toll free)
  • UK - 08003763076 (toll free) / 02081181077 (toll)
  • USA/Canada - 8663166526 (toll free) / 7202390460 (toll)
  • Singapore - 800120450 (toll free) / 6567374337 (toll)
  • All other countries - +27214273001 (toll)

Questions will be taken using the live online facility available at http://www.slido.com accessible from any device with internet connection.

Event Code #BGA1H17