Metro Bank PLC
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Metro Bank Holdings PLC (LSE: MTRO) is a UK-based retail banking group headquartered in London. It is the listed entity and holding company of the Metro Bank group, of which the regulated bank, Metro Bank PLC, is a subsidiary. With over 3,000 employees, it offers a wide range of personal and business banking products including current and deposit accounts, mortgages, no-fee credit cards, personal and commercial loans, cash management and payment services, property services, asset and invoice finance, internet and mobile banking, private banking, sector services, safe deposit boxes and more. Founded in 2010, it was the revolution in British banking and was the first high street bank to open in the United Kingdom in over 100 years. The company opened 7 new stores in 2017, including in Peterborough, Swindon and Canterbury, and at the time targeted 100 stores in 2020 and 140-160 stores in 2023; those targets were not met. As of June 30, 2026, Metro Bank reported total assets of £17.025 billion, customer deposits of £13.216 billion and loans of £9.074 billion. The Bank operated a network of 78 stores in the United Kingdom at June 30, 2026.
Head office address:
One Southampton Row
London, WC1B 5HA
United Kingdom
Website: www.metrobankonline.co.uk
Opening Hours:
Monday - Friday, 9:30 am – 5:00 pm
Saturday, 9:30 am – 4:00 pm (selected stores)
Sunday, closed
In October 2023 Metro Bank completed a capital raise of £325 million, of which £150 million was new equity, alongside a refinancing of £600 million of existing debt. Spaldy Investments subscribed £102 million and became the majority shareholder with a holding of about 53%. In July 2024 the bank sold a £2.5 billion portfolio of prime residential mortgages to NatWest Group.
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