LONDON, Oct 12 (Reuters) - Barclays has sold 260million pounds' ($323 million)worth of salary secured loans inItaly to IBL Banca, the British lender said on Wednesday, thelatest disposal of assets from its 'non-core' unit that areearmarked for sale.
Barclays completed the sale of its Italian retail bankingnetwork in August, as it continues to shrink its balance sheetto focus on Britain and the United States.
Completion of the sale, which is subject to regulatoryapprovals, is expected to occur in the first quarter of 2017,Barclays said.($1 = 0.8042 pounds) (Reporting By Lawrence White; Editing by Susan Fenton)