Barclays Bank in Russia
Barclays Group Structure
Barclays Group Strategy and Guiding Principles
BARCLAYS BANK IN RUSSIA
Barclays Bank LLC is a member of global Barclays Group, forms a part of Global Retail and Commercial Banking (GRCB) and belongs to GRCB Western Europe.
As an issuer of VISA and MasterCard cards, Barclays Bank is one of the leaders in the Russian acquiring business. For successful development of this business direction, bank was named Russia’s Company of the Year in 2007. Bank was among the top five most dynamically developing banks of Russia from 2003 to 2007 (data of the RBC rating) and is among the top ten Russian banks in the gold business.
A flexible approach to individual needs of each client, use of innovative banking technologies, high quality of services for the clients, and perfect goodwill are the main factors that contribute to constant growth in the number of our clients.
We are pleased to offer you our services and are ready to assist in resolving any financial issues.
Barclays Group ratings are at this link.
BARCLAYS GROUP STRUCTURE
Barclays is made up of two ‘Clusters’: Global Retail and Commercial Banking (GRCB), and Investment Banking and Investment Management (IBIM), each of which has a number of Business Units.
The third major area of the business is Group Centre. From Human Resources to Corporate Affairs, this area comprises all the essential Head Office support functions that help Barclays maintain strategic momentum.
Barclays Global Retail and Commercial Banking
Barclays Global Retail and Commercial Banking (GRCB) Cluster comprises six Business Units: UK Retail Banking, Barclays Commercial Bank, Barclaycard, GRCB Emerging Markets, GRCB Western Europe and Absa.
UK Retail Banking
Barclays is one of Britain’s leading retail banks and has a network of approximately 1,700 branches across the UK. The business serves more than 15 million personal customers and local businesses. Areas covered by Barclays UK Retail Banking include personal banking, consumer lending, business banking, financial planning, Woolwich-branded mortgages and insurance.
Barclays Commercial Bank
Barclays Commercial Bank provides banking solutions to organisations with an annual turnover of more than £1m. Barclays industry sector specialists offer advice on banking products, support, expertise and services, and customers are offered access to other areas of the Barclays Group which might help meet their investment or business needs, such as Barclaycard, Barclays Wealth and Barclays Capital.
Barclaycard
As well as offering consumer lending to card holders, Barclaycard also processes payments and offers transaction services for retailers and merchants. It is one of Europe’s leading credit cards and its customer base in the US is growing fast. Barclaycard works closely with other Business Units within Barclays Group, to leverages distribution capabilities around the world.
Global Retail and Commercial Banking Western Europe
GRCB Western Europe includes retail and commercial banking as well as Barclaycard operations in Spain, Italy, France, Greece, Portugal and Russia. Approximately 10,000 colleagues are employed in this part of the organisation, serving two million customers. Across the region, Barclays has more than 1,100 distribution outlets.
Global Retail and Commercial Banking Emerging Markets
GRCB Emerging Markets covers retail and commercial banking, plus Barclaycard operations, in 14 countries which Barclays has identified as dynamic markets with great potential for growth. These countries include India, Pakistan and Indonesia, and some within Africa, the Middle East and Indian Ocean areas. Customers are served through a network of over 830 distribution points and sales centres and more than 890 ATMs.
Absa
Barclays acquired a majority share in leading South African financial services provider, Absa, in 2005. Absa is number one in South Africa in terms of customer deposits and loans and online banking, and offers a range of banking services from current and deposit accounts to mortgages, credit cards and wealth management services.
Investment Banking and Investment Management
Barclays Investment Banking and Investment Management (IBIM) Cluster comprises three Business Units: Barclays Capital, Barclays Global Investors and Barclays Wealth.
Barclays Capital
Barclays Capital is the investment banking division of Barclays Bank PLC. With a distinctive business model, Barclays Capital provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs.
Barclays Capital has offices around the world, employing more than 20,000 people and has the global reach, advisory services and distribution power to meet the needs of issuers and investors worldwide.
Barclays Global Investors (BGI)
Barclays Global Investors (BGI) is the world’s largest asset manager and a leading global provider of investment management products and services with more than 3,000 institutional clients and approximately US$1.5trn of assets under management as of 31 December 2008.
BGI transformed the investment industry by creating the first index strategy in 1971 and the first quantitative active strategy in 1979. BGI is the global product leader in exchange traded funds (iShares® exchange traded funds) with 360 funds for institutions and individuals globally.
Barclays Wealth
Barclays Wealth serves high net-worth, affluent and intermediary clients worldwide, providing private banking, asset management, stock broking, offshore banking, wealth structuring and financial planning services.
Group Centre
Group Centre comprises our Head Office support functions.
- Barclays Internal Audit
- Corporate Affairs
- Corporate Development
- Corporate Secretariat
- Facilities Management
- Finance
- Global Retail and Commercial Banking Technology
- Global Sourcing
- Human Resources
- Investor Relations
- Legal and Compliance
- arketing
- Product and Distribution
- Property
- Risk
- trategy and Planning
- Tax and Treasury
LAYS GROUP STRATEGY
Key facts
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in more than 50 countries and employs approximately 140,000 people. Barclays moves, lends, invests and protects money for more than 49 million customers and clients worldwide. Barclays Group headquarters is at 1 Churchill Place in London, UK, but we have operations all over the world, with products and services to meet the needs of customers and clients in local markets.Our strategy
Barclays strategy is to achieve good growth through time by diversifying its business base and increasing its presence in markets and segments that are growing rapidly.
This is driven by the Group’s ambition to become one of a handful of universal banks leading the global financial services industry, helping customers and clients throughout the world achieve their goals.
The strategy is based on the principles of earn, invest and grow.
Supporting this are four strategic priorities:
- Build the best bank in the UK
- Accelerate the growth of global businesses
- Develop retail and commercial banking activities in selected countries outside the UK
- Enhance operational excellence.
- Winning together – achieving collective and individual success
- Best people – developing talented colleagues to reach their full potential, to ensure Barclays retains a leading position in the global financial services industry
- Customer and client focus – understanding customers and serving them brilliantly
- Pioneering – driving new ideas, adding diverse skills and improving operational excellence
- Trusted – acting with the highest integrity to retain the trust of customers, external stakeholders and colleagues.
"Our priorities in 2008 were (and remain): to stay close to customers and clients; to manage our risks; and to progress strategy," said Barclays Group Chief Executive John Varley, in Barclays 2008 Full Year Results announcement.
