( Editor?s Note: This article was republished on June 23, 2026 to correct chart 15.) This report does not constitute a rating action. The issuer credit rating applies to core operating subsidiaries including Barclays Bank PLC and Barclays Bank UK PLC. Barclays PLC is the nonoperating holding company rated one notch below the Group SACP. ALAC--Additional loss-absorbing capacity. CRA--Comparable ratings analysis. GRE--Government-related entity. ICR--Issuer credit rating. SACP--Stand-alone credit profile. Overview Key strengths Key risks A leader in U.K. retail and corporate banking and international wholesale banking. Relatively high weighting on cyclical businesses, including capital markets and consumer finance. Improving performance backed by disciplined execution of its strategic plan and favorable market conditions. Exposure to higher-risk assets such as leveraged finance.