Presentation on Barclays Bank

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    Presented to :

    Presented by:

    http://www.barclays.pk/
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    Brief History of Barclays Bank Barclays is currently the fourth largest retail and

    business bank in the United Kingdom. It is also one of

    the top ten largest financial banks in the world. Thebank has been banking for more than threehundred years ago, in the city of London. In the lateseventh century, there was a high population ofgoldsmiths who had lived in the city. They wereextremely rich and they gave their money royal familiesand dealers, who needed to fund their venturesthroughout the world.

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    In 1690, the bank was established by JohnFreame and his associate, Thomas Gould, inLombard Street. In 1736, the business was

    renamed as Barclays when, James Barclays(who had married to John Freames onlydaughter) became a business partner. The bankwas involved in protecting their customers

    (goldsmith bankers) gold deposits, andloaning money to worthy monarchs andmerchants

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    In 1896, twenty small London banks had

    joined together to form a new joint-stock

    bank. The leaders of the new bank were

    Barclays and Company. They were already in a

    relationship with the families, businesses, and

    religious people. The new joint-stock bank was

    named Quaker Bank because; this bank wasthe family tradition of the founding families.

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    Barclays had over one hundred and eightybranches and most of them were situated in theEast and South East of United Kingdom. The bank

    had made almost 26, 000 and this was a largesum of money in those days. Barclays had usedthe money to expand its branch network by,taking over other banks. In 1905, Barclays took

    over Bolitho's Bank in Cornwall. In 1916, the banktook over Counties Bank which was locatedin the Midlands.

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    Barclays merged with the London, Provincial, SouthWestern Bank and became one of the U.Ks big fivebanks, in 1918.

    In 1925, Barclays merged with the Colonial Bank, the

    Anglo Egyptian Bank and the National Bank of SouthAfrica to create Barclays international operations. Mostof the operations were based in Africa, the Middle Eastand the West Indies

    In 1926, Barclays had a total of one thousand eighthundred and thirty seven branch. In 1969, it took overMartins Bank which was the biggest U.K bank to haveits head office outside the city of London.

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    In 1981, Barclays became the first foreign bank to have

    joined with the U.S Securities and Exchange commission.

    Together, they had made a large sum of money on the New

    York market. The Barclays Bank became the first British

    Bank to have its shares scheduled on the Tokyo and New

    York stock exchanges, in 1986.

    In 1986, Barclays formed an investment banking operation,

    and later developed into Barclays Capital. Barclays Capital is

    currently a main division of the bank and it deals with large

    corporate and institutional businesses.

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    In January 2003, the bank took over Charles SchwabEurope which was a retail stock broking company.

    In July 2003, Barclays took over Banco Zaragozano,

    which is one ofSpains leading private sectorsbanking group.

    In October 2003, Barclays acquired the GerhardManagement Services Limited. This purchase

    brought together one of the U.Ks biggestprivate client managers with Barclays Investment

    management part of Barclays Private Clients.

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    Mission Statement Our mission is to be an innovative customer

    focused group that delivers superb productsand services ensures excellent careers for our

    people and contributes positively to the

    communities in which we live and work

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    Barclays Vision

    Barclays are committed to building a world

    class organization. We aspire to be amongst

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    Branch Network

    Barclays has total of 14 branches in Pakistan:

    4 branches in Karachi.

    5 branches in Lahore

    2 branches in Rawalpindi.

    1 in Rawat.

    1 in Islamabad.

    1 in Mangla.

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    Barclays Personal Banking

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    Accounts Barclays Classic

    Barclayss Time

    Barclays Saver

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    Barclays Premier Banking

    Located in Gulberg, Lahore, this

    flagship branch offers dedicated

    Premier Relationship Managers,cigar lounge and a children's play

    area for your specific needs

    EXTRAORDINARY BANKING FOR

    EXTRAORDINARY PEOPLE

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    Exclusivity Barclays Premier is reserved

    for individuals like you. To become a

    Barclays Premier customer, all you have to

    do is maintain a minimum average

    monthly relationship balance ofPKR 3

    Million or Equivalent in FCY in deposits.

    .

    Benefits Success is about the quality of life you

    lead; its about achieving your business

    ambitions and personal fulfillment, and enjoyingyour success with friends and family. That's why

    we reward you, so that you enjoy life's pleasures

    and enhance your life's work.

    EXTRAORDINARY BANKING FOR

    EXTRAORDINARY PEOPLE

    Premier VISA Debit Card As a Barclays

    Premier customer, you get a Free top-of-

    the-range Barclays Premier VISA Debit Card

    which comes packed with a bundle of

    prestige benefits

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    Products and Services Deposits :

    Online Banking

    Loans and Financing needs

    Savings and Investments

    Trading Internationally (Solutions geared to cater the needs for exportersand importers) .

    Commercial Solutions Leveraged Finance

    Structured Project Finance

    Private Finance Initiatives

    Trade and Cash Solutions Risk Management

    Global Operations

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    Bancassurance All through your life, you have certain

    responsibilities; your childrens education, their

    marriage expenses, and growing your wealth.At Barclays, we understand that you would notlike to compromise your childs career,regardless of rising costs of education. As your

    concerned bankers, Barclays has partnered withEFU Life to offer you a tailored plan to secure apromising future of your children.

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    SWOT ANALYSIS

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    Strengths

    Widespread global presence, Enjoys economy of

    scales

    Barclays Brand

    Sponsorship of Premier League football.

    Innovation of Credit Card

    Opening of Several new flagship branches & State ofThe Art infrastructure

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    Weaknesses ( International & Local)

    Zimbabwe controversy and raised questions about Barclays ethical

    position: investors are increasingly concerned about ethics.? Large bonuses for Directors have attracted unwanted attention

    from commentators, and speculations regarding bank financingpolicy.

    Plans to expand in Asia were limited when Barclays were outbid forABN Amro in 2006, and alternative expansion plans have had to beadopted.

    The bank does not plan to pay dividends on its shares until the

    second half of 2009, making them less attractive to investors.: Very few branches in Pakistan.

    Initial lay off of workers in the beginning of business.

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    .

    Opportunities: (Worldwide & Local)

    Barclayswas keen to acquire some of Lehmans( Lehman Bros.)

    assets prior to its collapse: after the collapse, they have been able

    to negotiate a better deal with liquidators which also allowed themto be very selective in which parts of the business they acquired .

    The banks strategy is to offer a full portfolio of services worldwide,

    providing a wide range of cross-selling opportunities.

    Asia is still considered an opportunity for Barclays expansion, andoperations are being set up in a number of locations in which

    Pakistan is one of them.

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    Welfare provision has decreased in many countries because of thecost to governments, and Barclays sees self-provision as anincreasing trend that it can utilize.

    The court recently found that Barclays banking charges, which hadbeen challenged legally, were enforceable, thus repayment is notnecessary and charges can continue to be enforced.

    Threats ( Internationally + Locally )

    If the economic downturn is prolonged, acquisition ofLehmans assets could prove to be a mistake.

    Political Instability in Pakistan. Cut throat competition in the market.

    World recession

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    While offering a wide range of services provides opportunities,

    there is also the threat that customers may prefer to go to suppliers

    who present a more specialized approach.

    Barclays acquired a reputation for closing branches because of a

    high incidence of this in 2000, and competitors have been able toposition themselves as more consumer-friendly through a strategy

    of keeping branches open.

    The Asia expansion is seen as risky given that Barclays are in a less

    strong position than banking industry leaders regarding

    capitalization, and this may detract investors.

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    CONCLUSION

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    We Appreciate & Thank You for Your

    Patience.