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Barclays' brokerage arm opens trading at NSE

Barclays Bank of Kenya wants to grow its non-interest income to at least 40 per cent as its new brokerage subsidiary begins trading on the Nairobi bourse. PHOTO: COURTESY

Barclays Bank of Kenya wants to grow its non-interest income to at least 40 per cent as its new brokerage subsidiary begins trading on the Nairobi bourse.

The bank, which by June had grown its non-interest income to 32 per cent, now wants a share of the revenue streams from Nairobi Securities Exchange (NSE) starting on Monday when Barclays Financial Services Limited makes a debut at the market.

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