Barclays leads the pack as profits soar

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Barclays Bank of Botswana's profit before tax increased by 11 percent to P602 million with the inclusion of the recently acquired Barclaycard results and a strong performance in retail banking in the year 2009, the bank announced yesterday.

This  puts Barclays on top  of the other two major competitors(Stanchart and FNBB) in the industry as it is  the only  one to  have registered a rise in profits before tax.

Standard chartered bank last week  announced a  23 percent plunge in Profits before tax  to P 285.4 million  while  FNBB, although its financial year ends in June, last month announced a 3 percent plunge profits for the six months  ended December 2009.  For the year up to  June 2009, FNBB  had a profit before tax of P528 million.

Editor's Comment
Congratulations Anicia Gaothuse!

The contest had 10 beautiful young girls as finalists and unfortunately only one could wear the crown.The judges picked Anicia Gaothuse. To all those who feel their contestant should have won ahead of Anicia for whatever reason, hardly; the judges found Anicia to be the best among the best, so desist from disrespecting our newly crowned queen on social media or anywhere else, for that matter! Each of the 10 beautiful young women had supporters...

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