This move aligns with the bank's plan to reposition its balance sheet and improve risk-adjusted returns on capital.

Metro Bank today confirms entering into an agreement to sell a portfolio of approximately £584 million performing unsecured personal loans (the “Portfolio”)[4]. The transaction is expected to result ...

Metro Bank is set to host a brand new breakfast networking event for local businesses. The High Wycombe Metro Bank branch, located in the Eden Shopping Centre, has teamed up with Get Connected to ...

Metro Bank had originally said it would be cutting around a fifth of its workforce, but made additional reductions after ...

Metro is not the first bank to pull back from UK consumer lending and dispose of its portfolio. Bank of Ireland ended ...

Throughout the financial year, it achieved £80m in annualised cost savings, mainly through cutting its workforce by over 30%, ...

The high street challenger bank said the disposal of the unsecured loan book to an unnamed buyer would deliver an estimated ...

Upon completion, the transaction is capital accretive and will allow us to further optimise our balance sheet as we ...

Metro Bank returned to profit in the second half of the year as it reported a loss after tax of £33.1m in H1, rebounding to a ...

DJ Metro Bank Confirms Sale of GBP584 million Unsecured Personal Loan Book Metro Bank Holdings PLC (MTRO) Metro Bank Confirms Sale of GBP584 million Unsecured Personal Loan Book 26-Feb-2025 / 07:00 ...

Hospitality suites for our Vitality Blast clash against Gloucestershire have now sold out and packages for our other home ...

What's been happening at Metro Bank? Metro Bank has about three million customers in the UK and earlier this year announced a round of heavy cost-cutting which saw it axe 1,000 jobs. In recent ...