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Research Update: Barclays Bank PLC Ratings Lowered To 'A+/A-1' From 'AA-/A-1+' On Bank Criteria Change; Outlook Stable Nov 11 Product Image

Research Update: Barclays Bank PLC Ratings Lowered To 'A+/A-1' From 'AA-/A-1+' On Bank Criteria Change; Outlook Stable Nov 11

  • ID: 2030486
  • November 2011
  • Standard & Poors

FEATURED COMPANIES

  • Barclays Bank Ireland PLC
  • Barclays Bank Mexico S.A.
  • Barclays Bank PLC
  • Barclays Bank S.A.U.
  • Barclays Capital Inc.
  • Barclays Financial LLC
  • MORE

Abstract
Following a review of Barclays Bank PLC (Barclays) under Standard & Poor's revised bank criteria (published on Nov. 9, 2011), we have lowered our long-term counterparty credit rating to 'A+' from 'AA-'. At the same time, we lowered the short-term counterparty credit rating to 'A-1' from 'A-1+'. The outlook is stable. The rating on Barclays' perpetual subordinated debt was lowered to 'BBB' from 'A-', and the rating on its dated subordinated debt was lowered to 'BBB+' from 'A'. Other rating actions on debt issues and subsidiaries are listed below. Our ratings on Barclays reflect our view of its 'bbb+' anchor, strong business position, adequate capital and earnings, adequate risk position, average funding, and adequate liquidity. Our ratings also reflect our...

Companies mentioned in this report are:
- Barclays Bank PLC
- Barclays U.S. Funding Corp.
- Barclays Bank S.A.U.
- Barclays SLCSM Funding B.V.
- Barclays Bank PLC (Australian Branch)
- Barclays Private Clients International Ltd.
- Barclays Bank PLC (Singapore Branch)
- Barclays Bank PLC (Tokyo Branch)
- Barclays Bank PLC (Hong Kong Branch)
- Barclays US Funding LLC
- Barclays READ MORE >

Note: Product cover images may vary from those shown

- Barclays Bank PLC
- Barclays U.S. Funding Corp.
- Barclays Bank S.A.U.
- Barclays SLCSM Funding B.V.
- Barclays Bank PLC (Australian Branch)
- Barclays Private Clients International Ltd.
- Barclays Bank PLC (Singapore Branch)
- Barclays Bank PLC (Tokyo Branch)
- Barclays Bank PLC (Hong Kong Branch)
- Barclays US Funding LLC
- Barclays Financial LLC
- Barclays Bank Ireland PLC
- Barclays Capital Inc.
- Barclays Bank Mexico S.A.
- Barclays PLC

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

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