Barclays Bank UK Plc. is a ring-fenced bank of Barclays PLC, consisting of retail and corporate banking divisions. In March 2018 the UK banking business of a non-ringed-fenced bank, Barclays Bank plc, comprising consumer banking and business banking was transferred from Barclays Bank plc to Barclays Bank UK Plc.
Becoming a client of Barclays Bank UK Plc can be done in a few steps:
Barclays Bank UK Plc performs client's identity verification via branch visit.
Barclays Bank UK Plc is the 10th largest bank in the United Kingdom in terms of total assets. In 2018 its total assets were 251,31 bln GBP, providing the bank with the market share of 2.83%. In 2018 the bank's annual profit was 1 115,00 mln GBP.
Barclays Bank UK Plc is rated by Moody's. Long-term credit rating assigned to the bank by Moody's is Aa2 (high grade).
Barclays Bank UK Plc participates in the deposit guarantee scheme of the United Kingdom. This deposit guarantee scheme applies to current accounts, savings accounts, time deposit accounts made by private individuals, companies and covers up to up to 85,000 GBP per bank per depositor. Barclays Bank UK Plc is a member of Financial Services Compensation Scheme (FSCS) and makes its contributions into it.
Barclays Bank UK Plc is a member of Barclays (United Kingdom).
Barclays Bank UK Plc is headquartered in LONDON.
Barclays Bank UK Plc is authorized and supervised by the Financial Conduct Authority (reference number 759676).