Page 24 - Barclays Bank (B) Teaching Note
P. 24
Strengths
Barclays have sought to mitigate where possible the
impact of many of the macro challenges and threats
analysed in PEST (PESTLE) (figures 2,3)
• Barclays is one of a few banks that has started
processing transactions based on Blockchain
technology. Part of this development is that it has
restructured becoming smaller and better
capitalised. Moreover, its gearing is lower aided by
its retrenchment into its core markets of the U.K.
and U.S.A.
• With a history of over 300 years Barclays has
developed a strong brand reputation across 50
countries which it could claim as one of its core
strengths.
• In the U.K. Barclays has a leading position in the
banking industry.
• Barclays’ technological capability is a core strength. It
is ranked as a digital banking leader in the UK. As
part of making technology a core competency, the
bank has built new operations and technology
centres in Radbroke, Northampton and Glasgow
(Financial Times 2017).