Question:

Who are Barclays Banks main competitors and how do they compete with Barclays?

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I'm doing an assignment about Barclays Bank and I need to know who there main competitors are and how compete with Barclays.

Any help would be greatly appreciated.

Thank you.

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2 ANSWERS


  1. the big banks - natwest, hsbc rbs etc, in advertising, rates, offers...look at their websites to see info.


  2. Barclays Bank is the fourth largest bank in UK. Its main competitors are HSBC, RBS, Natwest. To be competitive, it needs to explore change initiatives internally, devise a corporate culture to enable its staff to be competent and co-operative so that they can offer the best banking services to all its customers. Externally, it needs to be competitive by offering the best products with the lowest interest rates available for its customers. Also, able to provide quick and efficient services to customers by using the latest Internet banking and technologies available for the banking service.

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