Barclays Bank plc

Barclays Bank is a global universal bank, offering retail, private, corporate and investment banking products and services worldwide. Barclays Bank plc is the head bank of Barclays Group (United Kingdom).

Financials

Total Assets (2017)
1 129.34 bln GBP  (-6.97%)
Annual Profit (2017)
-1 937 000 000.00 GBP

Barclays Bank plc is the 1st largest bank in the United Kingdom in terms of total assets. In 2017 its total assets were 1 129,34 bln GBP, providing the bank with the market share of 12.77%. In 2017 the bank's annual profit was -1 937,00 mln GBP.

Barclays Bank plc is rated by Fitch. Long-term credit rating assigned to the bank by Fitch is A (high credit quality).

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

Contacts

One Churchill Place, E14 5HP, London, United Kingdom
5
20 7623 23 23
20 7773 68 40

Barclays Bank plc is headquartered in London.

Bank Identifiers

BIC (SWIFT)
BARCGB33XXX
MFI ID
GB0570
Company Number
01026167
Start Date
October 1971

Financial Positions

Total Assets (2017)
1 129.34 bln GBP  (-6.97%)

In 2017 total assets of Barclays Bank plc were 1 129.34 bln GBP. Decline compared to the previous period (2016) was -6.97%. The evolution of the total assets of Barclays Bank plc is shown at Chart 1 below.

Total Assets of Barclays Bank plc.

Chart 1. Total Assets of Barclays Bank plc.

Profit and Loss

Annual Profit (2017)
-1 937 000 000.00 GBP
Net Income (2017)
-1 937 000 000.00 GBP

In 2017 annual profit of Barclays Bank plc was -1 937 000 000.00 GBP. Decline compared to the previous period (2016) was -167.56%. The evolution of the annual profit of Barclays Bank plc is shown at Chart 2 below.

Annual Profit of Barclays Bank plc.

Chart 2. Annual Profit of Barclays Bank plc.

In 2017 net income of Barclays Bank plc was -1 937 000 000.00 GBP. Decline compared to the previous period (2016) was -167.56%. The evolution of the net income of Barclays Bank plc is shown at Chart 3 below.

Net Income of Barclays Bank plc.

Chart 3. Net Income of Barclays Bank plc.

Market Share and Rank (among banks in the United Kingdom)

Total Assets (2017)
1st (market share 12.77%)

In 2017 Barclays Bank plc was ranked the 1st largest bank in the United Kingdom in terms of total assets, having 12.77% of the domestic market share.

Market share of Barclays Bank plc (among banks in the United Kingdom)

Chart 4. Market share of Barclays Bank plc (among banks in the United Kingdom)

Several banks having the market shares and ranks closest to Barclays Bank plc are shown below.

RankNameTotal AssetsMarket Share
1 Barclays Bank plc1129343.00 mln GBP12.77%
2 HSBC Bank plc818868.00 mln GBP9.26%
3 Lloyds Bank plc576953.00 mln GBP6.53%
 

Credit Ratings (as of May 2018)

Fitch Moody's
A (high credit quality) - (not rated)

Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government. Barclays Bank plc is rated by Fitch.

Credit ratings assigned to Barclays Bank plc as of May 2018 are shown in details in the following sections.

Fitch

Long-term issuer default rating is Fitch's view of a credit institution's relative vulnerability to default on its financial obligations, for Barclays Bank plc it is set to A (high credit quality), outlook is stable (not likely to change). The rating is not on watch. Short-term issuer default rating for Barclays Bank plc is set to F1 (highest short-term credit quality).

Long-Term Issuer Default Rating  A
    Outlook  stable
    On Watch  No
Short-Term Issuer Default Rating  F1
Viability Rating  a
Support Rating  5
Support Rating Floor  NF

Viability rating for Barclays Bank plc is set to a (high fundamental credit quality); support rating is 5 (there is a possibility of external support, but it cannot be relied upon); support rating floor is NF (no floor; no reasonable presumption of potential support being forthcoming).

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 credit institutions operating in the United Kingdom are obliged to participate in the United Kingdom's deposit guarantee scheme.

In the case of Barclays Bank plc 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

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 and its components are shown in the table below.

BIC  BARCGB33XXX
Bank BIC Code  BARC
Country Code  GB (United Kingdom)
Location Code  33
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 is shown in the table below.

MFI ID  GB0570

Company Registration Number

Company Registration Number is a distinctive code issued upon registration of a new company. This code can be used to find data about the company in a national company register.

Company Number  01026167

European Presence: 18 banks in 15 countries

Barclays Bank plc operates under the brand name Barclays Bank. This banking brand has presence in the following European countries and selected dependent territories of the European countries:

Cayman Islands

France

Germany

Guernsey

Ireland

Isle of Man

Italy

Jersey

Monaco

Netherlands

Portugal

Spain

Sweden

Switzerland

United Kingdom

Defunct Banks: 4 banks in 4 countries

The following banks operating under Barclays Bank brand name has been recently closed down:

Cyprus

Gibraltar

Spain

Switzerland

Banking Products in the United Kingdom