BARCLAYS SETS UP IT CENTRE IN LITHUANIA
Updated 2009-10-06
On October 5, 2009 Barclays Technology Centre Limited, a subsidiary company of Barclays Bank PLC (“Barclays”), signed an agreement with the Government of Lithuania, to establish a Barclays Technology Centre in Vilnius.
According to the agreement, Barclays will ensure the performance of the technology centre for minimum 5 years and will employ at least 250 highly-skilled technology professionals by the end of 2011. The Government of Lithuania will subsidise the newly established jobs.
Barclays expects to launch the technology centre in Vilnius by the beginning of 2010 summer. The centre plans to settle in the new business centre “Green Hall” in Vilnius.
Barclays Technology Centre in Vilnius will be one of 4 company’s strategic centres providing services for Barclays global retail and commercial banking activities, supporting 49 million retail and corporate customers in 28 countries. Barclays centres are also settled in India, Singapore and the United Kingdom.
According to Barclays officials, Lithuania (Vilnius) was chosen as an attractive location because of its strong talent pool of highly-skilled technology professionals, as well as its world-class infrastructure. Barclays hopes for a lasting and productive partnership with the Government of Lithuania and the Lithuanian Development Agency.
The Lithuanian Development Agency has been assisting Barclays in acquiring necessary information and data on the Lithuanian market as well as establishing a business contact network.
About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide.
According to the agreement, Barclays will ensure the performance of the technology centre for minimum 5 years and will employ at least 250 highly-skilled technology professionals by the end of 2011. The Government of Lithuania will subsidise the newly established jobs.
Barclays expects to launch the technology centre in Vilnius by the beginning of 2010 summer. The centre plans to settle in the new business centre “Green Hall” in Vilnius.
Barclays Technology Centre in Vilnius will be one of 4 company’s strategic centres providing services for Barclays global retail and commercial banking activities, supporting 49 million retail and corporate customers in 28 countries. Barclays centres are also settled in India, Singapore and the United Kingdom.
According to Barclays officials, Lithuania (Vilnius) was chosen as an attractive location because of its strong talent pool of highly-skilled technology professionals, as well as its world-class infrastructure. Barclays hopes for a lasting and productive partnership with the Government of Lithuania and the Lithuanian Development Agency.
The Lithuanian Development Agency has been assisting Barclays in acquiring necessary information and data on the Lithuanian market as well as establishing a business contact network.
About Barclays
Barclays is a major global financial services provider engaged in retail and commercial banking, credit cards, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the USA, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide.
