Credit ratings

Barclays Bank PLC long-term credit rating history

Barclays Bank PLC short-term credit rating history

Barclays Bank PLC standalone credit rating*

* Standard & Poor's: Stand-Alone Credit Profile (SACP)
Moody’s: Baseline Credit Assessment (BCA) following implementation of new bank ratings methodology on 17 March 2015. Older ratings labelled Bank Financial Strength Rating (BFSR)
Fitch: Viability Rating (VR)

Barclays PLC long-term credit rating history

Barclays PLC short-term credit rating history

Standard & Poor's

A: An obligation rated 'A' is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher-rated categories. However, the obligor s capacity to meet its financial commitment on the obligation is still strong.

BBB: An obligation rated 'BBB' exhibits adequate protection parameters. However, adverse economic conditions or changing circumstances are more likely to lead to a weakened capacity of the obligor to meet its financial commitment on the obligation.

Moody's

A: Obligations rated 'A' are considered upper-medium grade and are subject to low credit risk.

Baa: Obligations rated 'Baa' are judged to be medium grade and subject to moderate credit risk and as such may possess certain speculative characteristics.

Fitch Ratings

A: High credit quality. 'A' ratings denote expectations of low default risk. The capacity for payment of financial commitments is considered strong. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.

Standard & Poor's

A-2: A short-term obligation rated 'A-2' is somewhat more susceptible to the adverse effects of changes in circumstances and economic conditions than obligations in higher rating categories. However, the obligor's capacity to meet its financial commitment on the obligation is satisfactory.

Moody's

P-1: Issuers (or supporting institutions) rated 'Prime-1' have a superior ability to repay short-term debt obligations.

P-3: Issuers (or supporting institutions) rated 'Prime-3' have an acceptable ability to repay short-term debt obligations.

Fitch Ratings

F1: Highest short-term credit quality. It indicates the strongest intrinsic capacity for timely payment of financial commitments; may have an added '+' to denote any exceptionally strong credit feature.

Standard & Poor's Stand-Alone Credit Profile (SACP)

Standard & Poor's does not provide a definition as such, since the SACP is a component of the issue rating or the issuer credit rating. However, the scale ranges from 'aaa' to 'd' , which parallels issuer credit rating scale, from 'AAA' to 'D'.

Moody's Baseline Credit Assessment (BCA)

Baa2: A forward-looking assessment of the standalone credit strength of a bank, based on its Macro Profile, Financial Factors and Qualitative Factors, and capturing the probability of a bank defaulting, or requiring support to avoid such a default. Issuers rated “Baa” are judged to have a medium-grade intrinsic, or standalone, financial strength, and thus subject to low credit risk absent any possibility of extraordinary support from an affiliate or a government. The “2” modified indicates a mid-range ranking.

Fitch Ratings Viability Rating (VR)

a: High fundamental credit quality. 'a' ratings denote strong prospects for on-going viability. Fundamental characteristics are strong and stable, such that it is unlikely that the bank would have to rely on extraordinary support to avoid default. This capacity may, nevertheless, be more vulnerable to adverse business or economic conditions than is the case for higher ratings.