Park Place has a number of design features, including an environmental control system in keeping with the current focus on energy-efficient buildings.

The 12,500sq ft premises will provide staff with the latest in office facilities in the heart of the city. Commenting on the move, managing director Tom McAleese said: "We are delighted to be opening our new offices, which is a further demonstrations of Barclays' commitment to the Irish market."

Since establishing its Irish operation 28 years ago, the company has steadily increased its corporate and investment portfolio.

In 2005, the bank moved from its branch status to become a fully licensed Irish bank while announcing further growth plans.

Included with its corporate and investment services the company provides debt/capital raising, structured/project finance, treasury/risk management and operational banking to some of the country's larger corporations, multinational subsidiaries, financial institutions and to the public sector generally.

Barclays plc operates in over 60 countries worldwide, protecting money for over 27 million customers.