Daniel Frumkin, Chief Executive Officer at Metro Bank, said, “Metro Bank has delivered a second consecutive quarter of underlying profitability and March has been our strongest month of performance since the turnaround commenced."
Metro Bank is warning consumers about scammers posing as trusted organisations as criminal gangs have stolen over £470m in just 12 months by pretending to be banks and other trusted service providers. If anyone receives an unsolicited call supposedly from their bank, they should simply hang up and dial 159 to be connected to their genuine bank safely and securely. 159 is designed to break the scam ‘journey’ at the critical moment when consumers are at most risk of being manipulated into making a payment. Since its launch last September 159 has received over 325,000 calls.
Metro Bank has committed to tackling the UK’s literacy challenge by signing the Vision for Literacy Business Pledge 2023.
Chit Ghee Yeoh has been appointed as Metro Bank’s Director of Colleague Experience and Inclusion.
Metro Bank, the UK’s community bank, supports UK Finance’s 2023 Take Five week from 17th April – 21st April 2023. The theme is ‘Seems Legit?’ A challenge to consumers to stop and consider if something just doesn’t ring true – especially if you are being pressured to act quickly.
Happy April Fool.... Metro Bank is now looking at the next generation of sustainable items and plans to introduce a new edible pen in its 76 stores to meet its net zero carbon deadline. The new edible pen will represent the ultimate portable snack, providing both sustenance and sustainability – they are expected to complement the free treats the Bank has always provided to dogs visiting its stores.
Metro Bank has appointed Kathryn Newman as Chief Internal Auditor. Kathryn will join the bank in late summer from Nationwide Building Society where she has held a number of senior auditor positions since 2014, most recently as Audit Director.
As Easter holidays approach and with many consumers looking to book their summer getaways, Metro Bank is warning about the prevalence of fake holidays which is its Scam of the Month for April.
Metro Bank store colleagues have been trained to offer a Safe Space to domestic abuse victims, many of whom are also victims of economic abuse by their partners.
Daniel Frumkin, Chief Executive Officer at Metro Bank, said, “I’m pleased with Metro Bank’s performance over the past year and the successful completion of our transformation plan. We returned to profitability, resolved our legacy issues and further strengthened the foundations for future sustainable growth. While I remain confident in the underlying business, material headwinds do exist, including the macro-economic environment and increasing competition for liabilities. We have established the basis to transition back to being a profitable growth engine, committed to serving our communities through our network of stores, digital offerings and stand-out customer service, as seen in the latest CMA results.”
Please contact pressoffice@metrobank.plc.uk or 07815 506845