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).
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