2nd Jul 2008 07:00
2 July 2008
BARCLAYS COMPLETES THE ACQUISITION OF RUSSIA'S EXPOBANK
Barclays Bank PLC ('Barclays') today announces that, following the approval of the Central Bank of Russia, it has completed the acquisition of 100% of Expobank, a leading Russian retail and commercial bank. Expobank has now become part of Barclays Global Retail and Commercial Banking ('GRCB') Emerging Markets business.
ENQUIRIES
ANALYSTS AND INVESTORS
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Mark Merson
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+44 (0) 20 7116 5752
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John McIvor
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+44 (0) 20 7116 2929
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MEDIA
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Robin Tozer
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+44 (0) 20 7116 6586
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About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the United States, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 143,000 people. Barclays moves, lends, invests and protects money for over 38 million customers and clients worldwide. For further information about Barclays, please visit our website www.barclays.com.
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