Barclays pins hope on corporate banking

These segments, which include corporate and investment banking, and the retail and business banking, registered significant growth in the first half of 2016.

Last week managing director, Reinette van der Merwe said the bank’s profit before tax growth from P111 million in the half year ended June, 30 2015 to P270 million this year was mainly driven by sustained revenue growth in the retail and banking business, and significant growth in excess of 50%, by corporate and investment banking.