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).
In 2015 total assets of Barclays Bank plc were 1 526,00 bln EUR.
Barclays Bank plc is rated by Fitch, Moody's, Standard & Poor's. Long-term credit rating assigned to the bank by Fitch is A (high credit quality). Long-term credit rating assigned to the bank by Moody's is Baa3 (lower medium grade). Long-term credit rating assigned to the bank by Standard & Poor's is A- (strong capacity to meet its financial commitments). Barclays Bank plc participates in deposit guarantee scheme of the United Kingdom. This scheme covers accounts up to 75 000 GBP per bank per depositor.
Barclays Bank plc is headquartered in London.
|Address||One Churchill Place, E14 5HP, London, United Kingdom|
|Phone||20 7623 23 23|
|Fax||20 7773 68 40|
|Head of Group||Barclays (United Kingdom)|
|Start Date||October 1971|
|Total Assets (2015)||1 526.00 bln EUR (-12.45%)|
|Credit Ratings (as of Apr 2016)|
|Fitch||A (high credit quality)|
|Moody's||Baa3 (lower medium grade)|
|S&P's||A- (strong capacity to meet its financial commitments)|
|Deposit Guarantee||Yes (up to 75 000 GBP per depositor)|
|European Presence||19 banks in 17 countries|
In 2015 total assets of Barclays Bank plc were 1 526.00 bln EUR. Decline compared to the previous period (2014) was -12.45%. The evolution of the total assets of Barclays Bank plc is shown at Chart 1 below.
Credit Rating is an opinion of a credit rating agency about credit worthiness of a company or a government.Of the 'Big Three' rating agencies, Barclays Bank plc is rated by Fitch and Standard & Poor's.
Credit ratings assigned to Barclays Bank plc as of April 2016 are shown in details in the following sections.
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|
|Short-Term Issuer Default Rating||F1|
|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).
Long-term rating for Barclays Bank plc it is set to Baa3 (lower medium grade). Long-term bank deposit rating is not assigned. Bank financial strength rating is not set. Short-term rating is set to Ba2.
|Long-Term Bank Deposit Rating||-|
|Bank Financial Strength Rating||-|
Outlook for the ratings of Barclays Bank plc is set to stable (not likely to change).
Long-term foreign currency rating for Barclays Bank plc is set to A- (strong capacity to meet its financial commitments). Long-term local currency rating is set to A- (strong capacity to meet its financial commitments).
|Long-Term Foreign Currency Rating||A-|
|Outlook||stable (not likely to change)|
|Long-Term Local Currency Rating||A-|
|Outlook||stable (not likely to change)|
|Short-Term Foreign Currency Rating||A-2|
|Short-Term Local Currency Rating||A-2|
Short-term foreign currency rating for Barclays Bank plc is set to A-2 (satisfactory capacity to meet its financial commitments). Short-term local currency rating is set to A-2 (satisfactory capacity to meet its financial commitments).
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|
|Maximum Protected Amount||75 000 GBP|
|Paid In Currency||GBP|
Further Information: Deposit Guarantee Scheme in the United Kingdom
Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.
|Subject to MRR by ECB||No|
|Exempt from MRR by ECB||No|
Any bank can be identified for different purposes and hence can have several different identifiers.
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.
|Bank BIC Code||BARC|
|Country Code||GB (United Kingdom)|
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.
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.