London, 29 July 2013: Metro Bank, the revolution in British banking, announces its half year results as it reaches its third anniversary.
Metro Bank, the revolution in British retail and business banking, is beginning construction on its newest store at One Wood Street, Cheapside, City of London. The store is set to open in late 2013.
Metro Bank, the revolutionary High Street Bank, today announces a refresh of its large loan residential and Buy to Let (BTL) mortgage ranges, reducing prices by up to 66bps for residential customers and 50bps for BTL customers.
Metro Bank continues to demonstrate its appetite to lend with the announcement of two multi-million pound financing deals with specialist housing associations. The newest high street lender has provided a new £10 million funding line to the Agudas Israel Housing Association and £4 million to the Apna Ghar Housing Association, both repaying over a period of 25 years
Metro Bank, the first new High Street bank in more than 100 years, is looking for amazing new colleagues with outstanding customer service skills to join its new store coming soon to Staines. With roles ranging from customer service representatives to senior store management, Metro Bank is looking for up to 25 people to join the banking revolution when its Staines store opens in September 2013. The bank recruits confident and resourceful individuals with a ‘can do attitude’. Colleagues don’t have to have banking experience as full training is provided, but must have a passion for putting the customer first.
Craig Donaldson, Chief Executive Officer, Metro Bank, said: “This report shows a clear desire from the Commission to increase competition and strengthen governance across the banking sector. However, from our experience of setting up the first high street bank in over 100 years, we believe that although the recommendations are broad, there is still a long way to go until we see recommendations actually translated into action.
Metro Bank today sets out its recommendations for legislative change in the banking sector, ahead of the Parliamentary Commission on Banking Standards’ imminent report. Metro Bank is the only high street bank to have successfully navigated the regulatory processes to launch in more than 100 years.
Craig Donaldson, Chief Executive Officer, Metro Bank: “Metro Bank is committed to supporting and nurturing enterprise by providing lending solutions to our customers. We’re extremely proud that since June 2012, as today’s figures show, we’ve increased our lending by 219%. Our lending growth is a message to SMEs that there is lending to be had if they look in the right places.
Metro Bank continues its fast expansion this week with the opening of its 19th store in West London’s Ealing. To mark the opening, the UK’s most revolutionary bank, which last month opened its first drive-thru bank in Slough, will be holding two days of celebrations on Friday 7th and Saturday 8th June. Ealing residents visiting the store will experience an array of entertainment; including stilt walkers, face painting, performing dogs, balloons and music, as well as a new, convenient customer focused bank.
Metro Bank sees dramatic year on year increases in lending and deposits, as customers flock to the revolutionary high street bank
Please contact pressoffice@metrobank.plc.uk or 07815 506845