Company: BCS
Filing Date: 2025-02-13
Form Type: 6-K
Source: 0001654954-25-001446
Chunk: 12

Company: BARCLAYS PLC
Filing Date: 2025-02-13
Form: 6-K
Chunk 12
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2%) due to an increase in exposure of £38.2bn to £1,206.5bn (December 2023: £1,168.3bn). The increase in exposure was largely driven by an increase in derivatives in Global Markets, and the acquisition of Tesco Bank

#### Group funding and liquidity
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The liquidity metrics remain well above regulatory requirements, underpinned by well-diversified sources of funding, a stable global deposit franchise and a highly liquid balance sheet

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The liquidity pool was £296.9bn, broadly unchanged from December 2023 (£298.1bn)

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The average 3 Liquidity Coverage Ratio (LCR) increased to 172.4% (December 2023: 161.4%), equivalent to a surplus of £127.6bn (December 2023: £117.7bn)

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Total deposits increased by £21.9bn to £560.7bn (December 2023: £538.8bn), driven by the acquisition of Tesco Bank in Barclays UK and inflows of customer deposits in the International Corporate Bank (within the IB), PBWM and USCB

#### Group funding and liquidity (continued)
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The average 1 Net Stable Funding Ratio (NSFR) was 134.9% (December 2023: 138.0%), which represents a £162.9bn (December 2023: £167.1bn) surplus above the 100% regulatory requirement

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Wholesale funding outstanding, excluding repurchase agreements, was £186.0bn (December 2023: £176.8bn)

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The Group issued £15.1bn equivalent of minimum requirement for own funds and eligible liabilities (MREL) instruments from Barclays PLC (the Parent company) in FY24. The Group has a strong MREL position with a ratio of 34.4%, which is in excess of the regulatory requirement of 30.2% plus a confidential, institution specific, PRA buffer

#### Other matters
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The cumulative impact of all announced inorganic activity will reduce the Group’s CET1 ratio by c.10bps, following the inclusion of the disposal of the German consumer finance business, which completed after the balance sheet date. There was a broadly neutral impact on FY24Group RoTE as the net gain upon the completion of the Tesco Bank acquisition in Q424, broadly offset the losses on disposals from the Italian retail mortgage portfolios as