Barclays bank plc monaco

Barclays Bank is a global universal bank, offering retail, private, corporate and investment banking products and services worldwide. Barclays bank plc monaco operates as a branch of Barclays Bank plc (United Kingdom).

Bank Category
Branches of foreign banks

Business Focus
Wealth Management

Barclays bank plc monaco is the 1st largest bank in Monaco in terms of total assets. In 2016 its total assets were 7 968,28 mln EUR, providing the bank with the market share of 17.88%.

Rank in Monaco
1st largest bank

Total Assets (2016)
7 968.28 mln EUR  (+9.96%)

Barclays bank plc monaco participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 85 000 GBP per bank per depositor.

Address
31 avenue de la costa, 98000, Monaco, Monaco
BIC (SWIFT)
BAECMCMXXXX
MFI ID
FR12448

Financial Positions

Total Assets (2016)
7 968.28 mln EUR  (+9.96%)

In 2016 total assets of Barclays bank plc monaco were 7 968.28 mln EUR. Growth compared to the previous period (2015) was 9.96%. The evolution of the total assets of Barclays bank plc monaco is shown at Chart 1 below.

Total Assets of Barclays bank plc monaco.

Chart 1. Total Assets of Barclays bank plc monaco.

Market Position and Market Share (among banks in Monaco)

Total Assets (2016)
1st (market share 17.88%)

In 2016 Barclays bank plc monaco was the 1st largest bank in Monaco in terms of total assets, having 17.88% of market share.

Market share of Barclays bank plc monaco

Chart 2. Market share of Barclays bank plc monaco

Several banks with market shares closest to Barclays bank plc monaco are shown below.

RankNameTotal AssetsMarket Share
1 Barclays bank plc monaco7968.28 mln EUR17.88%
2 Bank Julius Baer (Monaco) SAM6150.81 mln EUR13.80%
3 Société Générale Bank & Trust (Monaco)5398.10 mln EUR12.11%
 

Deposit Guarantee

Deposit Guarantee
Yes (up to 85 000 GBP per depositor)

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All branches of EEA-banks operating in Monaco participate in deposit guarantee schemes of their home countries. This means that Barclays bank plc monaco participates in the deposit guarantee scheme of the United Kingdom.

In the case of Barclays bank plc monaco failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  private individuals, small companies
Covered Currencies  all
Maximum Protected Amount  85 000 GBP
Paid In Currency  GBP

Further Information

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code, also known as SWIFT code or SWIFT BIC) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

BIC of Barclays bank plc monaco and its components are shown in the table below.

BIC  BAECMCMXXXX
Bank BIC Code  BAEC
Country Code  MC (Monaco)
Location Code  MX
Branch Code  XXX

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

MFI ID of Barclays bank plc monaco is shown in the table below.

MFI ID  FR12448