Barclays
in South Africa 🇿🇦
Crypto-Friendliness
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About Barclays in South Africa
Barclays is a British multinational universal bank that operates a private banking division in South Africa, serving ultra-high-net-worth clients. While Barclays sold its retail banking operations in South Africa in 1986 (which eventually became First National Bank) and later divested its majority stake in Absa Group in the 2010s, Barclays Private Bank maintains a presence in the country. The bank provides bespoke wealth management, banking, and investment services to affluent individuals and families in South Africa.
Barclays is headquartered in London, United Kingdom, and operates as one of the world's largest financial institutions. In South Africa, the bank focuses exclusively on private banking services rather than retail or commercial banking operations.