In 1736, James Barclay after whom the Barclays Bank is now named, joined the banking business that his father-in-law John Freame and Thomas Gould, two goldsmiths, had started in London's Lombard Street in 1690. The Bank changed into a joint-stock company named Barclay & Co. Ltd. In 1896, merging with a total of nineteen private banking service providers like itself.
Over the years, from the time of its inception as a provider of smaller sums of consumer loans by the two Goldsmiths, John Freame and Thomas Gould, the Barclays Bank has come a long way to attain its present status of being one of the leading providers of consumer as well as commercial banking products and services, across the globe. This achievement, on the part of the Barclays Bank, is the result of years of consistent hard work to relate with the consumers and the ability to provide customized banking services and products which fulfill the respective needs of every particular consumer.
- Bolithos Bank in the South West of England is overhauled in 1905
- In 1916, United Counties Bank in the Midlands is overtaken
- Merger with the London, Provincial and South Western Bank in 1918
- The Colonial Bank, the Anglo Egyptian Bank and the National Bank of South Africa merge together in 1925, to establish Barclays International
- Martins Bank is acquired in 1969
- Barclays UK and International are combined together to constitute the Barclays PLC in 1985
- Wells Fargo Nikko Investment Advisers, a company concerned with the management of funds is acquired in 1995
- A major mortgage bank, the Woolwich Bank was acquired in 2000
- Banco Zaragozano, a major Spanish private sector banking group is overtaken in 2003.
The Barclays Bank as of the present, has a global presence in well over fifty (50) countries around the world, and is singly dedicated to the service of the customers backed by the strength of employees who number around 123,000. The whooping growth of the Barclays Bank on a global scale is evident from the huge profits that were recorded during the last year, that is, 2006, which amounted well over £7.0 Billions.
Barclays Bank Personal Banking services.
Barclays Bank provided Current accounts :
- Barclays Bank Account
- Student bank account
- Graduate bank account
- Barclays Bank Children's accounts
- Barclays Bank First Additions account
- Barclays Bank Additions account
- Barclays Bank Additions Plus account
- Barclays Bank Premier Banking account
Insurance policies issued by the Barclays Bank :
- Home insurance
- Health cover Insurance
- Car insurance
- Travel insurance
- Student possessions
- Business Insurance
- Finer high value Home Insurance
Woolwich Mortgages offered by the Barclays Bank :
- Barclays Bank Tracker mortgages
- Barclays Bank Fixed rate mortgages
- Barclays Bank Offset mortgages
Barclays Bank furnished Savings accounts :
- e-savings accounts
- Day to Day Savings accounts
- Barclays Mini Cash ISA
- Tax Beater Cash ISA
- Barclays Mini Cash ISA
- Children's Savings accounts
- Child Trust Fund
- BarclayPlus Accounts
- Savings Builder
- Savings Bonds
Loans provided by the Barclays Bank :
- Barclayloan
- Barclayloan Plus
- Barclayloan Protection
- Homeowner loan
- Personal Loan from Barclaycard
- Career Development Loan
- Loans for buying property in a foreign nation
Business Banking products and services provided by Barclays Bank
.
Barclays Bank products and services for business concerns with a turnover that is less than £1m.
Accounts and services provided to business concerns with a turnover that is less than £1 Million, are as follows :
- Barclays Bank Current accounts
- Barclays Bank Savings accounts
- Lending options offered by Barclays Bank
- Barclays Bank Cashflow Management services
- Credit And Charge Cards from Barclays Bank
- Barclays Bank Payment Processing
- Barclays Bank Business Insurance policies
- Stakeholder Pensions from Barclays Bank
- Barclays Bank International Banking services
Barclays Bank products and services for business concerns with a turnover that is between £1 Million to £20 Millions.
Accounts and Services furnished to business concerns with a turnover that is between £1 Million to £20 Millions, are as follows :
- Barclays Bank Online Banking services
- Options for raising finance
- Barclays Bank Savings and Investments services
- International Trading services
- Barclays Bank Card Services
Barclays Bank products and services for business concerns with a turnover that is above £20 Millions.
Solutions for business concerns with a turnover that is above £20 Millions, which are offered by Barclays Bank are as follows :
- Barclays Bank Leveraged Finance
- Structured Project Finance
- Private Finance Initiatives
- Barclays Bank Asset and Sales Finance
- Student Accommodation Finance
- Barclays Bank Trade & Cash Solutions
- Risk Management services from Barclays Bank