Barclays sells Spanish and Portuguese credit card business

Barclays has completed the sale of its Spanish and Portuguese credit card business as the bank charges ahead with asset disposals as part of a company-wide overhaul.

Barclays sells Spanish and Portuguese credit card business

Barclays has completed the sale of its Spanish and Portuguese credit card business as the bank charges ahead with asset disposals as part of a company-wide overhaul.

The bank said that its £1.2bn Barclaycard consumer payments business was "sold at a small premium" to Spanish online bank WiZink.

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