Craig Donaldson, Chief Executive of Metro Bank comments on today’s Funding for Lending figures: “The Funding for Lending Scheme was introduced to help stimulate our economy through increasing lending to individuals and small businesses. Today’s figures show that there’s certainly more work to be done with some of the market players, but Metro Bank is a great example of how the scheme is working and we’re very proud of that.
Metro Bank, the revolutionary high street bank, is pleased to announce an amazing reward for new current account customers to help them ‘perk up’. From today, Metro Bank is giving all new customers £3 pre-loaded onto their debit cards so they can get a free coffee after opening an account.
Metro Bank continues its expansion this week with the opening of its 16th store in Sutton, South London. To mark the opening, the UK’s most revolutionary bank will be holding two days of celebrations on Friday 8th and Saturday 9th of February. Sutton residents visiting the store will experience entertainment including free food, stilt walkers, popcorn, performing dogs, balloons and music, as well as a new, convenient customer focused bank.
Craig Donaldson, Chief Executive of Metro Bank comments on today’s announcement from the Chancellor on the introduction of the seven day switch: “We welcome today’s increased focus on switching in the current account market. The ‘seven day switch’ is an important move that will do great good by increasing public confidence in the switching process. Customers tell us that they’re worried about the process, when in fact it is straightforward and simple, and we believe that it’s this lack of confidence that is significantly holding up movement in the market.
As Founder and Vice Chairman, Vernon Hill has been instrumental through Metro Bank’s successful launch and the subsequent explosive growth of the UK’s most customer focused high street Bank. Metro Bank launched in July 2010, and currently has 15 stores open in London and the South East.
Metro Bank has been announced as a primary banking partner for the Government backed GrowthAccelerator initiative. In a speech today, Business Secretary Vince Cable announced that Metro Bank will support up to £100 million in lending for applicable growing small and medium sized enterprises.
The Metro Bank board will appoint a new Chairman by January 2013. Now beginning its third year, Metro Bank is growing rapidly in both consumer and business banking. Metro Bank has successfully completed three rounds of external funding; the most recent in June raised additional capital of £126 million to fuel expansion to 200 stores by 2020. Metro Bank’s growth plans include a public listing in 2014.
Metro Bank, Britain's revolutionary UK retail and commercial bank, has appointed Jason Oakley as Managing Director of Commercial Banking. Jason will be responsible for growing Metro Bank as a trusted adviser and lender to Greater London’s small and medium-sized companies. He will report into Chief Executive Craig Donaldson.
Metro Bank delivers a return to service, not sales. It’s time to put customers back at the heart of banking; a customer should feel valued every time they interact with their bank, whether they call them up, go online or walk through the door. The fact that we’re growing so quickly can attest to the fact that customers are looking for credible banking alternatives. It truly is time for a banking revolution.
Metro Bank, the revolutionary High Street Bank, today announces a move into intermediary mortgages. This pilot programme will provide residential mortgages for properties in London and the South East.