Funded income drives First Capital Bank

FIRST Capital Bank (FCB), formerly Barclays, says its inflation adjusted income grew by 35 percent to $2,3 billion during the half-year to June 30, 2021, driven by a 76 percent increase in interest income.

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The bank said its interest income for the period was $924 million compared to $524 million in the prior comparable period.
In a statement accompanying the institution’s results, board chairman Patrick Devenish said the “strong performance was underpinned by loan book growth from the second half of last year to the current period coupled with transactional volumes and fee increa

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