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The UK banking revolution one year on: Metro Bank celebrates its first birthday.

26th July 2011


    Metro Bank celebrates with over 25,000 accounts opened in its first year
    The revolution gathers momentum as store openings accelerate
    Metro Bank gives commercial customers “Local Lending”
    Metro Bank says “Thank You”

Metro Bank, Britain’s first new High Street bank in 100 years, celebrates its first birthday on July 29th, 2011.

Customers flock to join the revolution
In its first 12 months Metro Bank has opened over 25,000 retail and business accounts and continues to grow at over 1000 accounts a week.

Bringing Back Local Lending
Metro Bank has brought back the Local Bank Manager and over 1200 Commercial customers have joined the banking revolution in the first year.

The revolution continues to gather momentum and create jobs
Metro Bank, which has already opened 8 stores in its first 12 months, will open a further 16 stores over the next 18 months, trebling the number of stores to 24. This means the c300 jobs already created will more than double to over 600 by the end of 2012.

Craig Donaldson, Chief Executive Officer at Metro Bank, commented: “We’d like to say “Thank You” to everyone for embracing Metro Bank and making our first year so successful. We now have 8 stores, where we welcome over 100 new customers every day to the revolution. This is the platform from which we will grow to over 200 stores in the coming years.

Vernon W. Hill II, Co-Founder and Vice Chairman at Metro Bank, commented: “Metro Bank promised a Banking Revolution and has delivered a new model based on service and convenience, not product and price. The Revolution has been embraced by customers everywhere and will, in the years ahead, continue to deliver and strengthen the Metro Bank Promise to surprise and delight every customer.”

Customers can expect to see us soon in:

    Uxbridge
    Hounslow
    High Wycombe
    Ealing
    Chiswick
    Kingston
    Watford
    Staines Colliers Wood
    Romford
    Guildford
    Hammersmith

Where they will continue to enjoy:

    7 Day Branch Banking
    Instant Account Opening¹
    Instant Issue Bank Cards¹
    Free Worldwide Debit Card Usage from Metro Bank²
    
Notes to Editors
¹Account opening conditions apply. ²Metro Bank will not charge customers for current account overseas.