Barclays reports 20% surge in profits

Barclays has reported a 20% surge in 2003 pre-tax profits to £3.84bn (€6.55bn).

Barclays reports 20% surge in profits
Thu, 12 Feb, 2004 - 15:20

Barclays has reported a 20% surge in 2003 pre-tax profits to £3.84bn (€6.55bn).

Britain's third-largest bank said falling bad-debt provisions and by strong performances at Barclaycard and its debt-focused investment bank Barclays Capital, helped power the figures.

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