Tue, 14th Feb 2023 18:05
Feb 14 (Reuters) - Barclays is winding down the majority of its consumer lending operation, which offers instant loans to shoppers at the point of sale of major retailers, The Times newspaper reported on Tuesday.
The bank will stop offering credit through all retailers except Amazon and Apple from the end of March, with no new borrowing allowed after existing loans have been repaid, the report said. (Reporting by Jyoti Narayan in Bengaluru; Editing by Chris Reese)
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