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Barclays Africa sees single-digit loan growth continuing

Wed, 30th Jul 2014 08:11

JOHANNESBURG, July 30 (Reuters) - Barclays Africa Group sees "mid single digit" loan growth continuing, itsdeputy chief executive said on Wednesday, reflecting its morecautious stance to writing new business.

Deputy Chief Executive David Hodnett made the comment atBarclays Africa's first-half earnings presentation. The bank, anarm of London-based Barclays Plc, reported loan growthof around 5 percent in the six months to the end of June. (Reporting by Helen Nyambura-Mwaura; Writing by David Dolan)

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