LONDON, Aug 31, 2007 (AFP) - Barclays' share price rose on Friday after Britain's third biggest bank denied it was facing liquidity problems amid a collapse of the US subprime mortgage market.
In morning trade, Barclays climbed 0.84 percent to 602.50 pence on London's FTSE 100. The British capital's leading share index was up by 0.56 percent at 6,246.70 points.
Barclays on Thursday confirmed it was the financial institution that had borrowed 1.6 billion pounds (2.4 billion euros, 3.2 billion dollars) from a Bank of England emergency lending facility on Wednesday.