New Small Business package from Metro Bank SME Finance boosts the ‘lifeblood of the UK economy’, with higher funding lines, no set up fees or minimum charges and substantial cash back after a year.
Current Account Switch Service could increase number of switchers by over a million people annually, from 1.3 million people a year (2012) to 2.5 million a year (2023) Additional reforms including account portability could more than triple (3.5x) switching rates annually in next 10 years New econometric research out today from Metro Bank reveals that the Government backed Current Account Switch Service (CASS) could substantially improve switching rates.
London, 29 July 2013: Metro Bank, the revolution in British banking, announces its half year results as it reaches its third anniversary.
Metro Bank, the revolutionary High Street Bank, today announces a refresh of its large loan residential and Buy to Let (BTL) mortgage ranges, reducing prices by up to 66bps for residential customers and 50bps for BTL customers.
Craig Donaldson, Chief Executive of Metro Bank comments on today’s announcement from the Chancellor on the introduction of the seven day switch: “We welcome today’s increased focus on switching in the current account market. The ‘seven day switch’ is an important move that will do great good by increasing public confidence in the switching process. Customers tell us that they’re worried about the process, when in fact it is straightforward and simple, and we believe that it’s this lack of confidence that is significantly holding up movement in the market.
Metro Bank, the revolutionary High Street Bank, today announces a move into intermediary mortgages. This pilot programme will provide residential mortgages for properties in London and the South East.
Metro Bank has added to its range of services today by introducing online applications for two of its transparent and competitive products. For the first time customers outside of Greater London are now able to experience the benefits of being a Metro Bank customer by being able to apply for 3.25% online 1 Year Fixed Rate Cash ISA and a 2.35% Instant Access Cash ISA, without the need to visit one of its stores.
Metro Bank, Britain's revolutionary high street retail bank, today calls on other lenders to follow their lead by promoting transparency in their savings rates, and to stop offering teaser rates in order to attract deposits.
Metro Bank celebrates with over 25,000 accounts opened in its first year The revolution gathers momentum as store openings accelerate Metro Bank gives commercial customers “Local Lending” Metro Bank says “Thank You”
Metro Bank, Britain’s first new High Street bank in over 100 years is celebrating its one year anniversary on Friday July 29th, by offering all new and existing customers a fantastic credit card offer. Metro Bank has launched a 0% MasterCard® for 12 months that will give customers 0% APR on purchases, balance transfers and cash advances.
Please contact pressoffice@metrobank.plc.uk or 07815 506845