Brief: Barclays To Sell German Consumer Finance Business

BAWAG AG

04/07/2024 07:34

July 4 (Reuters) - Barclays PLC  BARC.L :
    * BARCLAYS PLC  - DISPOSAL OF GERMAN CONSUMER FINANCE
BUSINESS
    * BARCLAYS PLC  - DISPOSAL OF GERMAN CONSUMER FINANCE
BUSINESS
    * BARCLAYS: SALE IS EXPECTED TO RELEASE C.EUR 4.0BN OF RWAS
    * BARCLAYS - AS AT 31 MARCH 2024, CONSUMER BANK EUROPE HAD
GROSS
ASSETS OF EUR 4.7BN
    * BARCLAYS PLC - SALE TO RELEASE €4.0BN OF RWAS, INCREASE
CET1
RATIO BY 10BPS
    * BARCLAYS - SALE IS EXPECTED TO RELEASE C.EUR 4.0BN OF RWAS
    * BARCLAYS: SALE IS EXPECTED INCREASE BARCLAYS' CET1 RATIO
BY
C.10BPS ON COMPLETION
    * BARCLAYS - TIMING OF SALE COMPLETION DOES NOT IMPACT CO'
CAPITAL
RETURN PLANS

Source text for Eikon:  ID:nRSD0668Va 
Further company coverage:  BARC.L 

 ((Reuters.Briefs@thomsonreuters.com;))