Barclays Bank is the largest Multinational Bank with its head office in London having presence in India and our banking network deals with industry specific to promote various products. We offer services in Global finance, Risk solutions, Mortgages, Credit and Debit Cards, Interest rates, Account services, Insurance, Corporate, Investment and Consumer banking.
Factsheet of Barclays Bank| Bank Name | Barclays Bank |
| Founded in | July 20, 1896 |
| Promoters/founders | John Freame and Thomas Gould, Thomas Barclays |
| Headquarter Address | Barclays Bank |
| Employee's | 83500 |
| Type of Bank | Public Sector Undertaking (PSU) Bank |
| Official Website | https://www.barclays.in/ |
| Customer Care Number | 022-60001550, 22-60007888,1-8775230478 |
Barclays Bank is the largest Multinational Bank located in England and there are two divisions of this bank namely the Barclays UK and the Barclays International. This developed from the Goldsmith Banking Services in London in 1690. Furthermore, various banks like the Blackhouse Bank, Gurney Bank and the Goslings Bank came under the umbrella of Barclays. After 5 years the Barclays expanded to becoming the major nationwide bank in the UK.
We have 4750 plus branches in the United Kingdom and have 24/7 ATM facilities and customers can use ATM for free. We are also the member of the Global ATM Alliance that allow customers to use their Debit Card at other banks ATM terminals. The world first Cash Machine was installed on June 27, 1967.
Barclays Bank has done numerous takeovers like purchasing South West Bank in 1918, British Linen Bank in 1919, and Mercantile Credit Bank in 1975, Woolwich Bank in 2000 and the Lehman Brothers in 2008.We have a great presence in the London Stock Exchange and it works out of 40 nations and has a formidable work force of 80,000 plus employees and it is the 5th larges bank in entire European Continent.
Mr. Nigel Higgins is the Chairman and Mr. C.S. Venkatakrishnan is the Group CEO. We handle the customers, businessman, government officials and the corporate world.
Barclays Bank is the major bank of UK, and it has many subsidiary and vital departments and it is given below as follows:
There are various banking services offered by the Barclays Bank and it is given below as follows:
There are various credit and loan options generated by the Barclays Bank and it is given below as follows:
The Barclays Bank were facing various legal issues and some of them are:
Barclays Bank gave the financial assistance to Zimbabwean Government under Robert Mugabe despite sanctions imposed on Zimbabwe. 30 Billion Pounds were given by this bank to Mr. Mugabe to bring in land reforms in Zimbabwe, after driving out the blacks from various properties. Barclays lost many customers in Zimbabwe and apologised for this action.
Barclays Bank also gave the financial assistance to help the Alavi Foundation in Iran in various activities despite US financial ban on Iran due to its nuclear programme and terrorist activities. Later there was a settlement done with the US Government for a whopping 298 Million dollars.
Barclays Bank was also fined 290 Million Pounds because it modified the centralised data of the London Interbank and the Euro Bank Rates. This lead to irregular submission of the rates and a possible financial meltdown was done by reaching a close door settlement between the US Department of Justice and Barclays Bank.
Barclays Bank has 2 IFSC connected branches in India. Bank has branches in following states:
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