Press Release

Barclays Bank Tanzania Limited launches BARX Africa FX trading

platform
Wednesday, 11 November 2015 - Barclays Bank Tanzania today launched the
BARX Africa Foreign Exchange (FX) trading platform in the country. BARX Africa is
the multi-award winning foreign exchange trading platform from Barclays that
delivers cutting-edge technology customised for the local market. The BARX
system will grant its users unprecedented access to FX trading capabilities right at
their fingertips as well as 24 hour comprehensive servicing support - all from a
trusted source. Trade at a faster pace with BARX Africa!
BARX Africa provides the following useful benefits for the user

Access to a full suite of FX products including spot forwards and swaps

Improved control over your FX trade execution
Easy-to-use with instant deal confirmation
Market information to assist with informed decision making
Improved operational Treasury efficiency
Full audit trail on all transactions

BARX Africa sets the standard in efficiency and execution through:

FX spot, forwards and swaps

Real time execution in local and major currency pairs up to one year
forward
Full audit trail with access to historic deal information
Live rates ticker
Access to award-winning research portal

Speaking at the launch, the Managing Director, Barclays Bank Tanzania, Mr Kihara
Maina commented, Through our on-the-ground presence, extensive knowledge of
local African markets and proven expertise in FX electronic trading solutions, we
are uniquely placed to unlock local market liquidity in countries across Africa and
the Indian Ocean. BARX Africa delivers cutting-edge technology customised for
execution in the local market. We combine over 15 years in local market expertise
in FX trading solutions, over 20 years expertise through our Barclays Africa Group
Limited (BAGL) businesses which strategically position us to deliver strong and
reliable robust dealing environment solutions that are relevant for the Tanzanian
market.

/Ends
For further information please contact:
Joe Bendera
Acting Head, Marketing and Corporate Relations
Barclays Bank Tanzania Ltd
joe.bendera@barclays.com
Tel: +255 22 2282000
P.O. Box 5137

Dar es Salaam
About Barclays Tanzania
Barclays Bank Tanzania Limited first opened its doors in Tanzania in 1925 and
continued to operate in the country until 1967 when its Tanzania operations were
nationalized to become National Bank of Commerce. With the liberalization of the
economy in 1990s, Barclays Bank Plc made a decision to re-enter the Tanzania
market and re-opened its doors in the year 2000. Barclays Bank Tanzania now has
22 branches, 46 ATMs strategically located countrywide, over 400 employees and
over 110,000 customers.
About Barclays Africa Group Limited
Barclays Africa Group Limited (Barclays Africa Group or the Group) is 62.3%
owned by Barclays Bank PLC (Barclays) and is listed on the JSE Limited. The Group
is one of Africas major financial services providers offering personal and business
banking, credit cards, corporate and investment banking, wealth and investment
management as well as bancassurance. We combine our global product
knowledge with regional expertise and have an extensive, well established local
presence.
The Group was formed through combining Absa Group Limited and Barclays
African operations on 31 July 2013. Reflecting the enlarged groups pan-African
focus, our name changed from Absa Group Limited to Barclays Africa Group
Limited on 2 August 2013.
At 30 June 2013, Absa Group Limited had 718,2 million shares in issue and a
market capitalisation of R103 billion. The Group had assets of R841 billion, 9 997
automated teller machines, 962 staffed outlets and 33 879 permanent
employees.
Our registered head office is in Johannesburg, South Africa and we have majority
stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles,
South Africa, Tanzania (Barclays Bank Tanzania and National Bank of Commerce),
Uganda and Zambia. We also have representative offices in Namibia and Nigeria
as well as bancassurance operations in Botswana, Mozambique, South Africa and
Zambia. Barclays Bank Kenya and Barclays Bank Botswana continue to be listed
on their respective stock exchanges. Barclays Bank PLC has operations in Egypt
and Zimbabwe which are an integral part of our African business and continues to
be run by Barclays Africa Groups management.
For further information about Barclays, please visit our website
www.barclays.com.
About Barclays
Barclays is a major global financial services provider engaged in personal banking,
credit cards, corporate and investment banking, and wealth and investment
management. With over 300 years of history and expertise in banking, Barclays
operates in over 50 countries and employs approximately 140,000 people.
Barclays moves, lends, invests and protects money for customers and clients
worldwide. For more information, please visit the Barclays website:
www.barclays.com