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).

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.

Contacts 
    Address  One Churchill Place, E14 5HP, London, United Kingdom
    P.O. Box  5
    Phone  20 7623 23 23
    Fax  20 7773 68 40
    Website  www.barclays.com
Head of Group   Barclays (United Kingdom)
Start Date  October 1971
Financial Positions
    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)
Bank Identifiers
    BIC (SWIFT)  BARCGB33XXX
    MFI ID  GB0570
    Company Number  01026167
European Presence  19 banks in 17 countries

Financial Positions

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.

Total Assets of Barclays Bank plc.
Chart 1. Total Assets of Barclays Bank plc.

Credit Ratings

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.

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).

Moody's

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 Rating  Baa3
Long-Term Bank Deposit Rating  -
Bank Financial Strength Rating  -
Short-Term Rating  Ba2
Outlook  stable

Outlook for the ratings of Barclays Bank plc is set to stable (not likely to change).

Standard & Poor's

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)
    Credit Watch  -
Long-Term Local Currency Rating  A-
    Outlook  stable (not likely to change)
    Credit Watch  -
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

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  75 000 GBP
Paid In Currency  GBP

Further Information: Deposit Guarantee Scheme in the United Kingdom

ECB Minimum Reserves Requirements (MRR)

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

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 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

This bank operates in the following European countries and selected dependent territories of the European countries:

Cayman Islands

Cyprus

France

Germany

Gibraltar

Guernsey

Ireland

Isle of Man

Italy

Jersey

Monaco

Netherlands

Portugal

Spain

Sweden

Switzerland

United Kingdom

Related Information on the United Kingdom

  Economy and Banking Sector of the United Kingdom

  List of Banks in the United Kingdom

Compare Banking Products

 Time Deposit Accounts in the United Kingdom


Similar Banks

 Bank of London and Middle East plc

 Bank of Scotland

 Barclays Bank Trust Company Ltd

 BFC Bank Ltd

 BIRA Bank Limited


Country Information

  Economy and Banking Sector of the United Kingdom

  List of Banks in the United Kingdom


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