Barclays assures markets on BCL P1bn loan
Wednesday, October 12, 2016
Fichani
In a statement, the bank said all the corporate exposures to the BCL Group are fully secured.
“Barclays remains sufficiently liquid, well capitalised and we continue to execute our strategy in the market through the delivery of innovative financial products and services,” read the statement. In April, Parliament authorised the issuance of a government guarantee for a $100 million loan for the struggling state-owned copper and nickel miner.
“Safety first is safety always”– Charles M HayesAs most people begin travelling across the country to spend the President’s Holidays with family and friends, there is every reason to embrace the joy and togetherness that this period brings.While holiday periods bring joy, they are sadly often accompanied by a rise in road accidents, violent incidents and other avoidable tragedies. Too often, families that set out to celebrate together end...