Financial instruments - classification

6 Months Ended

Jun. 30, 2026

8. Financial instruments - classification

The following tables analyse financial assets and liabilities in accordance with the categories of financial instruments in IFRS 9.

Amortised

Other

MFVTPL

DFV

FVOCI

cost

assets

Total

Assets

£m

 

£m

 

£m

 

£m

 

£m

 

£m

Cash and balances at central banks

76,743

Trading assets

47,366

Derivatives (1)

63,157

Settlement balances

10,015

Loans to banks - amortised cost (2)

7,342

Loans to customers - amortised cost (3)

435,908

Other financial assets

810

50,647

35,088

86,552

Intangible assets

10,205

Other assets

8,079

30 June 2026

111,333

50,647

565,096

18,284

745,367

Cash and balances at central banks

85,182

Trading assets

46,537

Derivatives (1)

60,789

Settlement balances

645

Loans to banks - amortised cost (2)

6,958

Loans to customers - amortised cost (3)

418,881

Other financial assets

1,041

42,168

36,558

79,770

Intangible assets

7,292

Other assets

8,499

31 December 2025

108,367

42,168

548,224

15,791

714,553

For the notes to this table refer to the following page.

8. Financial instruments - classification continued


					Amortised		Other
	Held-for-trading		DFV		cost		liabilities		Total
Liabilities	£m		£m		£m		£m		£m
Bank deposits (4)					50,002				50,002
Customer deposits					448,605				448,605
Settlement balances					9,995				9,995
Trading liabilities	50,637								50,637
Derivatives (1)	56,256								56,256
Other financial liabilities (5,7)			4,790		67,244				72,034
Subordinated liabilities			230		6,376				6,606
Notes in circulation					3,110				3,110
Other liabilities (6)					600		3,694		4,294
30 June 2026	106,893		5,020		585,932		3,694		701,539

Bank deposits (4)					44,092				44,092
Customer deposits					442,998				442,998
Settlement balances					942				942
Trading liabilities	49,022								49,022
Derivatives (1)	53,974								53,974
Other financial liabilities (5,7)			4,617		62,982				67,599
Subordinated liabilities			237		5,886				6,123
Notes in circulation					3,164				3,164
Other liabilities (6)					594		3,432		4,026
31 December 2025	102,996		4,854		560,658		3,432		671,940

(1)	Includes net hedging derivative assets of £395 million (31 December 2025 - £535 million) and net hedging derivative liabilities of £319 million (31 December 2025 - £356 million).

(2)	Includes items in the course of collection from other banks of £364 million (31 December 2025 - £166 million).

(3)	Includes finance lease receivables of £9,206 million (31 December 2025 - £8,971 million).

(4)	Includes items in the course of transmission to other banks of £200 million (31 December 2025 - £192 million).

(5)

The carrying amount of other customer accounts designated at fair value through profit or loss is the same as the principal amount for both periods. No amounts have been recognised in the profit or loss for changes in credit risk associated with these liabilities as the changes are immaterial both during the period and cumulatively.

(6)	Includes lease liabilities of £538 million (31 December 2025 - £535 million), held at amortised cost.

(7)	During the period ended 30 June 2026, there were debt issuances of £7.7 billion and debt repayments of £8.4 billion. Funding was also raised in other formats including commercial paper and certificates of deposit.