Barclays Bank - statistics & facts

Barclays Bank is one of the largest banks in the United Kingdom. The bank continuously battles with Lloyds Banking group to be the second largest bank in the United Kingdom, by revenue, while no bank in the country stands a chance to compete with HSBC. In 2021, Barclays ranked second in the UK by total assets, after HSBC.

The history of Barclays Bank

The history of Barclays Bank can be traced back to 1690, when the business of goldsmith bankers was established by Thomas Gould in London. It changed the name to Barclays in 1736, and further secured its position on the banking market of London in 1896, when several banks in the capital and the English provinces united under the banner of "Barclays and Co.". The bank developed greatly over time. In 2021, it was among the largest banks in Europe by assets. As of March 2022, Barclays had a market capital value of approximately 25 billion British pounds.

Are customers satisfied with Barclays?

The customer satisfaction with the current account services provided by Barclays Bank was 65 percent in October 2021. It placed Barclays Bank well behind the competition of smaller challenger banks, such as Starling and Monzo Bank. In the second quarter of 2021 alone, Barclays Bank lost around 3,600 accounts, with customers using the "current account switch service" offered by Payments Council, which made changing banks easier, to finalize their decision.

Interesting statistics

In the following 5 chapters, you will quickly find the 28 most important statistics relating to "Barclays Bank".

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