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.
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.
On Saturday 30th June Metro Bank, the revolutionary High Street Bank, will throw a free fun, interactive and educational Kids Rock! party for kids of all ages – and they’re inviting Londoners to join in the fun.
The revolutionary bank now holds over 85,000 personal and business accounts The bank forecasts spending over £31 million in 2012 on technology infrastructure and further store launches including Romford, Reading and Hemel Hempstead Strong Non - Executive board now includes Luke Johnson and James Reuben
Dogs Rule at Metro Bank as Biscuit Challenge comes to a close after thousands of democratic doggies vote with their paws Award presented last night at glittering ceremony in Metro Bank’s Holborn store Bromley’s pooches submitted the highest number of votes
Metro Bank, Britain’s newest and most revolutionary high street bank, today reveals that it has received over 40,000 applications for the 475 roles it has created in its 13 stores since its July 2010 launch. This number is set to increase as Metro Bank aims to recruit up to an extra 250 positions this year, and to grow to 200 stores by 2020.
Please contact pressoffice@metrobank.plc.uk or 07815 506845