Barclays Bank was charged by the UK regulator with one count of unlawful financial assistance in relation to a $3bn (£2.2bn) loan provided to Qatar in November 2008.
The SFO said these charges related to financial assistance Barclays Bank Plc gave to Qatar Holding through the loan, which was directly or otherwise meant for the state of Qatar to use to acquire shares in its parent company, Barclays Plc.
The announcement follows other charges brought against Barclays Plc and four directors in June last year. After a five-year investigation, the SFO charged the bank and its former executives with conspiracy to commit fraud and unlawful financial assistance contrary to the Companies Act 1985.
The company said in a statement on Monday, “Barclays PLC and Barclays Bank PLC intend to defend the respective charges brought against them. Barclays does not expect there to be an impact on its ability to serve its customers and clients as a consequence of the charge having been brought.”
The SFO said it would announce the date for the first court appearance in due course.