Metro Bank has launched its first Limited Company Buy-to-Let product as part of its continued focus on becoming a leading specialist lender.
Metro Bank is joining forces with Take Five to advise consumers about fraud prevention during ScamSceptible Week from Monday May 13th.
Metro Bank and the England and Wales Cricket Board (ECB) are stepping up their partnership with the launch of The Metro Bank Girls in Cricket Fund. The Fund, co-designed and jointly funded by Metro Bank and the ECB, focuses on recruiting, educating, supporting, and celebrating the people that make girls’ cricket in clubs happen, with the ambition to triple the number of girls’ teams at clubs by the end of 2026.
Mach Recruitment, a Leeds based specialist recruitment business has agreed a £45m invoice finance facility with Metro Bank.
Daniel Frumkin, Chief Executive Officer at Metro Bank, said: “Following the successful deposit campaign launched in Q4, we have implemented our plans to reduce cost of deposits and optimise our elevated liquidity position"
Metro Bank is advising about investment scams which is its Scam of the Month for April – last year the Bank reported over six victims every week. UK Finance reports investment scams at over £2m per week and Metro Bank has already seen over £4m fraud this year with nearly one in five cases being business and commercial customers.
Metro Bank was honoured at The UK Sponsorship Awards with the prestigious Women’s Sports Sponsorship Award for its outstanding partnership with The England and Wales Cricket Board (ECB).
Daniel Frumkin, Chief Executive Officer at Metro Bank, said “Overall, Metro Bank performed strongly in 2023 as we continued to position the business for growth.
Metro Bank has appointed Andy Veares as its new Managing Director for Corporate and Commercial subject to regulatory approval.
Last year Metro Bank saw a more than 50% increase in romance scams and latest UK Finance data shows scammers earned £18.5m in the first six months of last year – that’s a staggering £102,209 a day or more than £4,000 every hour.
Please contact pressoffice@metrobank.plc.uk or 07773 244608