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Barclays’ Profits Boosted by Significantly Lower Impairment

by bondevalue | May 3, 2021 | Financial Institutions

Barclays reported a record quarterly group profit before tax in 1Q2021 of £2.4bn ($2.8bn) vs. £900mn ($1.2bn) in the same period last year. Profits were benefitted by a significant decrease in credit impairment charges of just £55mn ($76mn) vs. £2.1bn ($2.9bn)n in the...

Barclays’ Profits Boosted by Significantly Lower Impairment

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