Barclays in Russia
Barclays completed the acquisition of leading Russian retail and commercial bank Expobank in 2008. In December 2008, Expobank received approval to trade under the name Barclays Bank Russia and started the process of rebranding its branches and office locations with Barclays brand.
It is now part of Barclays Global Retail and Commercial Banking Western Europe business, positioned for dynamic growth.
Barclays Bank Russia’s 36 branches across Russia are being revamped under Barclays branding. And while most of Expobank’s income derives from small and medium-sized enterprises (SMEs), the aim is to extend the business to provide full-service retail banking. This will include loans, deposit products and credit cards.
Barclays Bank Russia provides services to more than 400,000 companies and private clients, and has a network of more than 400 ATMs across the country.
Barclays Capital also operates in Russia, from new premises in Moscow. The firm has taken responsibility for the Treasury and Capital Markets activities of Barclays Bank Russia. Its business currently includes trading of Russian government and corporate bonds, money market instruments, foreign exchange and precious metals.
In Russia, Barclays businesses include:
- Retail banking: Barclays Bank Russia offers a range of personal banking products and services including savings accounts, consumer loans, cards, safety-deposit boxes, Premier Banking services
- Commercial banking: Barclays Bank Russia offers a range of services for corporate clients, and is set to build on its success with SME clients to take on larger businesses
- Barclays Capital: provides large corporate, government and institutional clients with a full spectrum of solutions to their strategic advisory, financing and risk management needs.
Career opportunities
Barclays Bank Russia employs 1,800 colleagues and is set to expand in the near future. Opportunities exist across the business.
