July 10, 2014 5:58 AM ET


Company Overview of Metro Bank PLC

Company Overview

Metro Bank PLC provides community banking services. The company offers personal banking products and services, including current and savings accounts; residential mortgages; credit cards, overdraft, personal loans, and professional student loans; and money machine and safe deposit box services. It also provides business banking products and services, such as bank accounts; deposit accounts, including business instant access, money market, business fixed term, client premium, and term deposit accounts; business overdrafts, business credit cards, small business loans, and business loans; SME finance; safe deposit boxes; cash management services; not for profit banking services; partnership ban...

One Southampton Row

London,  WC1B 5HA

United Kingdom

Founded in 2007


44 20 3402 8312


44 20 7449 9009

Key Executives for Metro Bank PLC

Chief Executive Officer
Founder and Chairman
Age: 68
Chief Financial Officer
Chief Operations Officer
Managing Director of Commercial Banking
Compensation as of Fiscal Year 2014.

Metro Bank PLC Key Developments

Goldman Sachs Leads The Group To Acquire Kensington

The Goldman Sachs Group, Inc. (NYSE:GS) is leading a group of bidders seeking to acquire Kensington Mortgages Company Ltd. of Investec plc (LSE:INVP). The bidders include Paragon Group of Companies plc (LSE:PAG), Metro Bank PLC and Virgin Money plc. Investec has also hired Fenchurch Advisory to conduct an auction of Kensington.

Metro Bank Plc Plans Expansion

Metro Bank Plc announced that it has raised GBP 387.5 million from investors, which will be used for its planned expansion. The bank opened its 25th branch in Milton Keynes on January 17, 2014, is planning to open up to 12 new sites in 2014, and creating an additional 500 jobs.

Metro Bank Delays Listing

Metro Bank PLC delayed plans to float on the London stock exchange until 2016. Vernon Hill, Chairman and Founder of Metro said that the bank had decided to postpone a stock market listing by a further two years to maximize value.

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Recent Private Companies Transactions

Private Placement
December 4, 2013
August 1, 2013
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