Metro Bank, the bank for entrepreneurs, is today proud to announce a new partnership with Xero, the online accounting software specialist. Metro Bank business customers using Xero will soon be able to import and categorise their bank statements automatically, making manual uploads and downloads redundant, and saving them valuable time.
Metro Bank Founder and Chairman, Vernon Hill, has been awarded the Gold Stevie® Award in the Chairman of the Year Category at the 2013 International Business Awards (IBAs). The International Business Awards are the world’s premier business awards programme. They were created in 2003 to honour and generate public recognition of the achievements and positive contributions of businesses and working people worldwide. This year’s awards, the 10th annual awards, were judged by more than 250 executives around the world.
London, 1 August 2013: Metro Bank, the newest high street bank in more than 100 years, is broadening its offering to business customers through the acquisition of SME Invoice Finance Limited (“SME”), which specialises in invoice discounting and factoring and cash-flow funding for businesses.
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
This week Metro Bank will hit double figures with its 10th store in Hounslow bringing seven day banking to thousands of new customers in West London. Everyone opening a new account will enjoy being able to use their debit and credit cards overseas without any charge from Metro Bank, whether they are withdrawing cash from an ATM or at point of sale*.
British ‘micro businesses’ are being let down by their business banks, according to a new research report amongst UK SMEs from Metro Bank. While 43% of larger SMEs (with between 50 and 250 employees) have regular access to a business banking manager, only 16% of micro businesses (under 10 employees) are given this support.
Please contact pressoffice@metrobank.plc.uk or 07815 506845