Barclays bank says profits flat in first nine months of 2010

9th November 2010, Comments 0 comments

British bank Barclays said Tuesday that net profits stood at 2.48 billion pounds (2.88 billion euros, 3.99 billion dollars) in the first nine months of 2010, almost unchanged from last year's figure.

Barclays added in a results statement that pre-tax profit rose four percent to 4.274 billion pounds in the reporting period, while impairment charges and other credit provisions tumbled 31 percent to 4.298 billion.

© 2010 AFP

0 Comments To This Article