British Expats - Barclays to sell UAE retail banking division

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Meow	Sep 3rd 2013 5:02 pm

Barclays to sell UAE retail banking division

Announced formally a couple of hours ago.

http://financialuae.me/2013/09/03/ne...on-in-the-uae/

the_red_sheep

Sep 4th 2013 5:38 am

Re: Barclays to sell UAE retail banking division

Brilliant! Moved my banking over to Barclays about 6 months ago, and to date have found them (relatively) easy to use and deal with. Their online banking is particularly good.

Their credit card department however is a different story altogether…

Likely that HSBC will take it on? And then mess it up?

TheShed

Sep 4th 2013 8:12 am

Re: Barclays to sell UAE retail banking division

Quote:

Originally Posted by the_red_sheep (Post 10884701)

Unlikely, HSBC want more branches (currently limited) and the Barclays sales specifically excludes their 2 Central Bank branch licences.

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