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