Barclays Bank UK PLC Credit Rating
Barclays Bank UK PLC holds a blended long-term credit rating of A+ — the "High Grade" band, which is investment grade, with a stable outlook. That figure combines the latest long-term issuer ratings from S&P, Moody's, Fitch onto a single comparable scale, and indicates a strong capacity to meet its financial commitments. Barclays Bank UK PLC is owned by Barclays PLC (public). A credit rating measures an institution's ability to meet its financial obligations — it is an opinion, not a guarantee, and it is separate from deposit protection.
Barclays Bank UK credit ratings by agency
| Agency | Long-term rating | Outlook | Last confirmed |
|---|---|---|---|
| Fitch Ratings | AA- | Stable | 10 Jul 2026 |
| Moody's | A1 | Stable | 19 Jul 2026 |
| S&P Global Ratings | A+ | Stable | 10 Jul 2026 |
Rating History Chart
Rating History
| Date | Rating | Agencies |
|---|---|---|
10 Jul 2026 |
S&P, Moody's, Fitch | |
10 Jul 2026 |
S&P, Moody's, Fitch | |
09 Jul 2026 |
S&P, Moody's, Fitch | |
01 Jun 2019 |
S&P, Moody's, Fitch | |
02 Jan 2019 |
S&P, Moody's, Fitch | |
15 Apr 2018 |
S&P, Moody's, Fitch | |
15 Jan 2016 |
Fitch | |
15 Jan 2016 |
S&P, Moody's, Fitch |
Service record: complaints, incidents and customer survey
Complaints: in the FCA's 2025 H2 file (July 2025 to December 2025), Barclays Bank UK received 80,470 banking and credit-card complaints, 2.01 per 1,000 accounts. The bank upheld 60% of those it closed and closed 56% within three days. The previous period was 3.70 per 1,000, so complaints fell. Compare all banks.
Outages and incidents: Barclays Bank UK reported
4 major operational or security incidents to the FCA in the quarter to 30 June 2026 and 15 in the 12 months to 30 June 2026 (mobile app 10, online banking 11, telephone 6)
Customer survey (CMA / Ipsos, August 2026): share of Barclays Bank UK's own customers who would recommend it.
| Measure | Market | Would recommend | Rank |
|---|---|---|---|
| Branch services | Great Britain | 68% | 3= of 13 |
| Online and mobile banking | Great Britain | 71% | 10 of 17 |
| Overall service quality | Great Britain | 61% | 8= of 17 |
| Overdraft services | Great Britain | 63% | 10= of 16 |
| Branch services | Northern Ireland | 66% | 5 of 9 |
| Online and mobile banking | Northern Ireland | 80% | 6 of 12 |
| Overall service quality | Northern Ireland | 66% | 6= of 12 |
| Overdraft services | Northern Ireland | 76% | 1 of 7 |
| Branch and business centre services (business) | Great Britain | 47% | 10= of 12 |
| Online and mobile banking (business) | Great Britain | 69% | 9= of 17 |
| Overall service quality (business) | Great Britain | 56% | 13= of 17 |
| Relationship and account management (business) | Great Britain | 59% | 12= of 17 |
| SME overdraft and loan services (business) | Great Britain | 59% | 7 of 10 |
Market signals, ownership and group accounts
Short positions: no disclosed net short position in the listed group's shares on the FCA's list (checked 18 October 2026).
Only positions of 0.5% or more per holder are disclosed, so this is a floor. Above 2% to 3% is unusual for a UK bank; it is a view on the listed group's shares, not on deposit safety, which the FSCS covers regardless.| Fiscal year | Profit before tax | Net income | Total assets | Equity | Dividends paid |
|---|---|---|---|---|---|
| Dec 2025 | £9.1bn | £7.2bn | £1544.2bn | £78.2bn | — |
| Dec 2024 | £8.1bn | £6.3bn | £1518.2bn | £72.5bn | — |
Latest News
Is Barclays safe? What the record shows
The agency ratings above are opinions. What follows is the verifiable record behind them: each statement is taken from the source named beneath it, last checked 15 October 2026. It is information, not advice.
Banking licence
Barclays Bank UK PLC (company 09740322) is the group's ring-fenced UK retail bank, authorised by the Prudential Regulation Authority and regulated by the FCA and the PRA under Financial Services Register number 759676. Barclaycard is a trading name of the same company, so card, current account and savings balances sit under one licence. Barclays Bank PLC (register number 122702) is the separate non-ring-fenced bank, and Smart Investor is provided by Barclays Investment Solutions Limited rather than the bank.
Source: Barclaycard regulatory information, 15 Oct 2026Ownership and funding
Barclays Bank UK PLC is wholly owned by Barclays PLC, listed on the London Stock Exchange with American depositary receipts on the New York Stock Exchange. At 31 December 2025 the only shareholder notified above the 3% disclosure threshold was BlackRock with 5.78% of voting rights; Qatar Holding last notified a reduction to 2.78% in December 2023, and there is no government holding.
Source: Barclays PLC Annual Report 2025, major shareholders, 31 Dec 2025Size
Barclays Bank UK PLC reported customer deposits of £245.4 billion and total assets of £307.9 billion at 30 June 2026 (31 December 2025: £244.7 billion and £302.8 billion), with loans to customers of £215.6 billion at the end of 2025. The bank describes itself as trusted by over 20 million customers.
Source: Barclays Bank UK PLC H1 2026 results announcement, 30 Jun 2026Profitability
Barclays Bank UK PLC made a statutory profit before tax of £3,325 million in 2025, down from £3,560 million in 2024, on total income up 5% to £8,811 million. In the first half of 2026 its profit before tax was £1,589 million (first half of 2025: £1,564 million). Barclays PLC as a group made £9,139 million in 2025 and £6,066 million in the first half of 2026.
Source: Barclays Bank UK PLC Annual Report 2025; H1 2026 results announcement, 30 Jun 2026Barclays held a motor finance redress provision of £325 million at 31 December 2025 (2024: £90 million) and raised it by a further £105 million to £430 million in the first quarter of 2026 after the FCA published its final redress-scheme rules in March 2026.
Source: Barclays PLC H1 2026 results announcement, motor finance commission arrangements, 30 Jun 2026Capital strength
Barclays Bank UK Group's Common Equity Tier 1 ratio was 13.8% at 30 June 2026 (31 December 2025: 14.5%, against a stated regulatory minimum of 12.6%), with a UK leverage ratio of 5.0% (end of 2025: 5.2%) and a liquidity coverage ratio of 187% at the end of 2025. Barclays PLC as a group reported a 14.3% CET1 ratio at both dates.
Source: Barclays Bank UK PLC Pillar 3 report H1 2026, 30 Jun 2026Regulatory record since 2020
On 16 July 2025 the FCA announced fines totalling £42 million on two Barclays entities for poor handling of financial crime risks: £3,093,600 on Barclays Bank UK PLC for opening a client money account for WealthTek without adequate money-laundering checks (with a voluntary £6.3 million payment to WealthTek clients), and £39,314,700 on Barclays Bank PLC, the non-ring-fenced bank, over its services to Stunt & Co.
Source: FCA press release, 16 July 2025, 14 Jul 2025On 25 November 2024 the FCA fined Barclays PLC and Barclays Bank PLC £40 million for failing to disclose arrangements with Qatari entities in the 2008 capital raisings, after Barclays withdrew its tribunal challenge to 2022 decision notices that had proposed £50 million. Barclays Bank UK PLC was not a party.
Source: FCA press release, 25 November 2024, 25 Nov 2024On 15 December 2020 the FCA fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services £26 million for failing to treat customers in arrears fairly between 2014 and 2018; Barclays had paid over £273 million in redress to at least 1.53 million customer accounts. On 1 December 2022 the Payment Systems Regulator fined Barclays £8.4 million for breaching the Interchange Fee Regulation. No FCA fine on a Barclays entity dated after July 2025, and no PRA fine since 2020, was found.
Source: FCA press release, 15 December 2020, 15 Oct 2026Credit ratings
Barclays' investor relations page lists Barclays Bank UK PLC at A+ (stable) from S&P, A1 (stable) long-term deposits from Moody's and AA- (stable) from Fitch. S&P's A+ dates from an upgrade on 19 May 2023; Fitch raised the bank from A+ to AA- on 12 May 2026 in a criteria-driven action on 11 UK banking groups; Moody's A1 is confirmed in its 14 March 2025 credit opinion.
Source: Barclays credit ratings, 8 Oct 2026Deposit protection
Eligible deposits with Barclays Bank UK PLC are protected by the FSCS up to £120,000 per depositor, the limit that applies to failures on or after 1 December 2025. Barclays states that the limit applies to the combined total across Barclays, Barclays Business Banking, Barclays Premier Banking, Barclays Wealth Management and Tesco Bank balances, and Barclaycard is a trading name of the same bank.
Source: Barclays: Financial Services Compensation Scheme, 15 Oct 2026Operational incidents
From 31 January to 2 February 2025 a software fault in Barclays' UK mainframe operating system disrupted the app, online banking and payments for three days. In a letter to the Treasury Committee dated 26 February 2025 the Barclays UK chief executive estimated compensation of £5 million to £7.5 million for that outage, plus about £5 million for other incidents between January 2023 and January 2025. Barclays' 2025 annual report says major technology incidents fell 44% on 2024.
Source: Treasury Committee: correspondence from Barclays UK on the impact of IT failures, 26 February 2025, 26 Feb 2025Frequently asked questions about Barclays Bank UK PLC
Is Barclays Bank UK PLC safe?
Barclays Bank UK PLC currently holds a blended long-term credit rating of A+, which is investment grade and indicates a strong capacity to meet its financial commitments. A credit rating is an independent opinion on an institution's ability to meet its financial obligations; it is not a guarantee and can change. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is Barclays Bank UK PLC's credit rating?
Barclays Bank UK PLC has a blended long-term credit rating of A+, with a stable outlook. This blends the most recent long-term issuer ratings from S&P, Moody's, Fitch, mapped onto a common scale so ratings expressed in different agencies' notation can be compared directly.
Is Barclays Bank UK PLC covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £120,000 per eligible person, per banking licence (the limit rose from £85,000 on 1 December 2025). Where several brands share a single banking licence, that £120,000 limit is shared across those brands rather than applying to each one separately. Barclays Bank UK PLC is recorded with FCA reference 759676. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns Barclays Bank UK PLC?
Barclays Bank UK PLC is owned by Barclays PLC (public). Ownership matters for credit ratings because agencies often factor in the likelihood of support from a parent group, and because brands under the same banking licence share a single FSCS limit.
What does a A+ credit rating mean?
A+ sits in the "High Grade" band, indicating a strong capacity to meet its financial commitments. Ratings of BBB- (or Baa3 on Moody's scale) and above are considered investment grade; anything below that is regarded as speculative, sometimes called "high yield". Ratings are reviewed periodically and can be upgraded or downgraded.
What is Barclays Bank UK PLC's Fitch rating?
Fitch rates Barclays Bank UK PLC AA- (long-term) with a stable outlook, as read from the bank's own published disclosures and last confirmed on 10 July 2026. Together with the other agencies' ratings this gives the blended A+ shown on this page.
What is Barclays Bank UK PLC's Moody's rating?
Moody's rates Barclays Bank UK PLC A1 (long-term) with a stable outlook, as read from the bank's own published disclosures and last confirmed on 19 July 2026. Together with the other agencies' ratings this gives the blended A+ shown on this page.
What is Barclays Bank UK PLC's S&P rating?
S&P rates Barclays Bank UK PLC A+ (long-term) with a stable outlook, as read from the bank's own published disclosures and last confirmed on 10 July 2026. Together with the other agencies' ratings this gives the blended A+ shown on this page.
When did Barclays Bank UK PLC's credit rating last change?
Barclays Bank UK PLC's blended rating has stood at A+ since 10 July 2026, the most recent change in our records. Ratings are re-checked automatically and this page updates when an agency revises its assessment.
Is Barclays a real bank?
Barclays Bank UK PLC (company 09740322) is the group's ring-fenced UK retail bank, authorised by the Prudential Regulation Authority and regulated by the FCA and the PRA under Financial Services Register number 759676. Barclaycard is a trading name of the same company, so card, current account and savings balances sit under one licence. Barclays Bank PLC (register number 122702) is the separate non-ring-fenced bank, and Smart Investor is provided by Barclays Investment Solutions Limited rather than the bank.
Is Barclays profitable?
Barclays Bank UK PLC made a statutory profit before tax of £3,325 million in 2025, down from £3,560 million in 2024, on total income up 5% to £8,811 million. In the first half of 2026 its profit before tax was £1,589 million (first half of 2025: £1,564 million). Barclays PLC as a group made £9,139 million in 2025 and £6,066 million in the first half of 2026.
Has Barclays been fined by the FCA?
On 16 July 2025 the FCA announced fines totalling £42 million on two Barclays entities for poor handling of financial crime risks: £3,093,600 on Barclays Bank UK PLC for opening a client money account for WealthTek without adequate money-laundering checks (with a voluntary £6.3 million payment to WealthTek clients), and £39,314,700 on Barclays Bank PLC, the non-ring-fenced bank, over its services to Stunt & Co. On 25 November 2024 the FCA fined Barclays PLC and Barclays Bank PLC £40 million for failing to disclose arrangements with Qatari entities in the 2008 capital raisings, after Barclays withdrew its tribunal challenge to 2022 decision notices that had proposed £50 million. Barclays Bank UK PLC was not a party. On 15 December 2020 the FCA fined Barclays Bank UK PLC, Barclays Bank PLC and Clydesdale Financial Services £26 million for failing to treat customers in arrears fairly between 2014 and 2018; Barclays had paid over £273 million in redress to at least 1.53 million customer accounts. On 1 December 2022 the Payment Systems Regulator fined Barclays £8.4 million for breaching the Interchange Fee Regulation. No FCA fine on a Barclays entity dated after July 2025, and no PRA fine since 2020, was found.
Who owns Barclays?
Barclays Bank UK PLC is wholly owned by Barclays PLC, listed on the London Stock Exchange with American depositary receipts on the New York Stock Exchange. At 31 December 2025 the only shareholder notified above the 3% disclosure threshold was BlackRock with 5.78% of voting rights; Qatar Holding last notified a reduction to 2.78% in December 2023, and there is no government holding.