Barclays: Granted license to operate as a foreign ADI in Australia
- Barclays is a British universal bank are diversified by business, by different types of customer and client
- Announced that the APRA has authorised Bank to operate as a foreign authorised deposit-taking institution (ADI) in Australia
- Establishing the branch in Sydney is a key milestone in growing the bank’s client base
- Australia presents tremendous growth opportunities and is an important financial services market in the region
- This foreign ADI license reinforces commitment to Australia and enables to proactively serve clients
- The ADI license granted to an important step in demonstrating to clients commitment to the Australian financial market
