Tag: Metro Bank

Metro Bank announces expansion

Metro Bank announces expansion

Metro Bank, a relative newcomer to the high street, is opening seven more branches across south east England. The bank, which opened its first branch in 2010, already has 12 branches in Greater London. It has raised A?126m from investors to fund new branches in Brighton, Reading, Hemel Hempstead, Romford, Staines and Epsom. Speaking to […]

June 11, 2012 More
Metro Bank launches online ISA service

Metro Bank launches online ISA service

London-based Metro Bank is partnering with Australian online banking solutions provider Sandstone to create an online application platform for Individual Savings Accounts (ISAs). CallCredit will provide verification and credit checking data for the new service, which will be available in time for consumers to take advantage of the new Isa allowance, starting in April. This […]

March 2, 2012 More
Independent Commission to consider breaking up big banks

Independent Commission to consider breaking up big banks

In a further massive shake-up of the UKa��s banking industry, the Independent Commission on Banking (ICB) is looking at ways to increase competition and choice among high street banks. One option could see existing banking giants broken up and new names enter the industry. The ICB, which is headed by Sir John Vickers, was established […]

September 24, 2010 More
NBNK raises A?50m through share issue

NBNK raises A?50m through share issue

NBNK plans to compete with other High Street banks and has raised A?50 million via a share issue. The institution, set up by two City financial-sector heavyweights, is set to build a significant presence in the UK and is now trading on London’s AIM. The bank said it will use the funds to buy branches […]

August 22, 2010 More
Metro Bank plans to wow customers

Metro Bank plans to wow customers

Metro Bank, which is Britaina��s first new high street lender for more than a century, opened its doors today in Holborn, central London. The bank welcomed dogs with a bowl of water and a bone and offered their owners free breakfast. Dog lover, US billionaire and former Commerce Bank owner, Vernon Hill, said a�?dogs rule […]

July 29, 2010 More
New High Street bank opens in London today

New High Street bank opens in London today

Metro Bank, which aims to make banking a a�?fun retail experiencea�? opens in Holborn, central London today. The bank is Britaina��s first new high street lender for more than a century and it has pledged to return to a�?core banking valuesa�?. The bank said it will employ more cashiers than the existing a�?big foura�? banks, […]

Metro Bank pledges to return to a�?core banking valuesa�?

Metro Bank pledges to return to a�?core banking valuesa�?

Metro Bank, which was recently granted a banking licence by the Financial Services Authority (FSA), has told Sky News that it plans to make banking a “fun retail experience”. The bank, which is set to become Britaina��s first new high street lender for more than a century, is set to open two branches in central […]

FSA grants licence to Metro Bank

FSA grants licence to Metro Bank

City watchdog, the Financial Services Authority (FSA), has granted a banking licence to Metro Bank – which is set to become Britain’s first new high street lender for more than a century. Metro Bank, which is backed by US billionaire and former Commerce Bank owner Vernon Hill, is planning to open two branches in central […]