However, BBC business editor Robert Peston said some would argue it had benefited indirectly "from a windfall generated by the emergency rescue of the global economy undertaken by governments and central banks, an emergency rescue that was needed in large part because of the havoc wreaked by the excessive risk-taking of banks". Last week, Mr Varley defended the role of big banks in the global financial system.
Appearing in front of the Commons Treasury Committee, he said that big banks were not necessarily riskier than small banks.
Barclays said it had loaned about £35bn to businesses and households in the UK in 2009, having promised in April to lend at least £11bn.
The willingness for banks to lend is seen as an important factor for economic recovery.
However, a report by the Institute of Directors suggested that almost 60% of businesses seeking bank finance in the past year had been rejected - with some saying they had been forced to borrow on their credit cards.
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