An Essex pharmacy has agreed a £900,000 deal with Metro Bank to support its growth.
Daniel Frumkin, Chief Executive Officer at Metro Bank, said, “Metro Bank’s strong performance in the first half of the year reflects the successful execution of our strategy and decisive actions we have taken. We trebled profits, doubled new lending to corporate, commercial and SME customers, meaningfully reduced operating costs and optimised funding to have the lowest cost of deposits of any UK high street bank."
Metro Bank, in partnership with England and Wales Cricket Board (ECB), has today launched its Seeing is Believing campaign, in a bid to close the image visibility gap in women’s and girls’ cricket.
Metro Bank celebrated its 76th new store opening in Chester City Centre with an Opening Ceremony on Friday 4th July. Jamie Christon, CEO of Chester Zoo and Chair of Marketing Cheshire said: “This is an exciting moment for Chester. In a time when many high street banks are closing their doors, Metro Bank is opening theirs. That decision speaks volumes. It shows a commitment to people, to local connection, and to the belief that physical presence — real people behind real counters — still matters.”
Metro Bank is partnering with the charity Victim Support to provide an independent support service for its customers who have been a victim of fraud. Victim Support’s team of dedicated fraud case workers offer free, confidential and personalised support to help victims manage the impact of the fraud and help to ensure they feel more able to spot fraud in the future.
Metro Bank won three awards at The UK Sponsorship Awards as the Champion of Women’s and Girls’ cricket: Best Sponsorship of the Year, Best Women’s Sport Sponsorship and Best Social Purpose Sponsorship – Community Focus.
Metro Bank has today become the first UK bank to partner with award winning AI scam detector, Ask Silver – allowing customers to spot scams more easily and protect them from fraud.
Metro Bank has appointed Richard Jenkins as Commercial Lending Director for Wales and the South-West.
Metro Bank has announced a new partnership with Covecta, an AI platform for financial services that will be deployed across its corporate and commercial credit businesses.
Daniel Frumkin, Chief Executive Officer at Metro Bank, said: "It has been a transformational year for Metro Bank as we made substantial progress against our strategy, ending the period ahead of guidance, profitable, and with strong momentum going forward.” “We have successfully continued our pivot towards higher margin business in the form of corporate, commercial and SME lending and specialist mortgages, while also taking significant steps to reduce our costs and optimising our funding model. We have simplified and strengthened our balance sheet, and as a result, end the year with a robust capital position.” “Our network of stores helps us grow our target markets, with our specialist relationship banking colleagues driving positive outcomes for customers and communities across the UK. We are delivering on our strategy. Looking forward, we are confident that Metro Bank has a strong and compelling plan, differentiated model and clear path forward to further growth.”
Please contact pressoffice@metrobank.plc.uk or 07773 244608