Barclays achieves $5.96 billion profits in H1‎

Barclays Bank announced today, Thursday, that it achieved profits in the first half of the year, which were in line with expectations, as its booming consumer and credit card activities continued to compensate for the impact of deteriorating revenues in its investment bank with the faltering conclusion of corporate deals.

According to “Reuters”, the British bank announced a pre-tax profit of 4.6 billion pounds ($ 5.96 billion), in line with the average analyst forecast of 4.5 billion pounds, and higher than the 3.7 billion pounds it achieved in the same period a year ago.