London  - Britain's Barclays Bank Monday reported a pre-tax profit of 2.98 billion pounds (4.98 billion dollars) for the first half of 2009.

The results were boosted by the performance of its investment banking division, Barclays Capital, which saw profits double compared with last year.

Barclays chief executive John Varley said he was confident about the bank's prospects for the rest of the year following last year's crisis.

"The investments we have made, particularly in our international businesses, are driving very strong income performance and allowing us to absorb the consequences of the economic downturn," he said.

Barclays did not take part in the huge government bail-out scheme last October. HSBC is also due to report half-yearly figures Monday. (dpa)