Barclays Private Bank is an international wealth management powerhouse in Africa. The UK lender celebrates its regional centenary this year, with a history in Africa that stretches back to 1925.
Today, Barclays Private Bank is focused on a core group of markets in southern, western and eastern Africa, most notably South Africa, Kenya, Nigeria and Ghana, where growth, income and revenues are evenly spread.
In 2023, it doubled the size of its business when it bought Credit Suisse’s sub-Saharan Africa ultra-high-net-worth book – a bold move that added heft to its corporate and investment banking and private banking teams, as well as boosting client assets under management to $1 billion in South Africa, and $1.5
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