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Metro Bank said its total deposits rose to £16.21 billion in the quarter ended March 31, from £15.62 billion during the previous quarter

Metro Bank's efforts to win back customers pay off

Metro Bank has today posted a 4% increase in total deposits for the first quarter, thanks to the campaign it launched late last year to make up for significant withdrawals by customers amid reports on its financial health.

Business • 30 Apr 24

Metro Bank said its cost reduction plan is expected to be completed in the first quarter of 2024

UK's Metro Bank to lay off 20% of workforce

Metro Bank has today announced sweeping cost-cutting plans aimed at bolstering its finances, which could see the embattled British lender lay off 20% of its staff and axe some of its biggest customer perks including seven-day opening hours.

Business • 30 Nov 23

Metro Bank is part of a breed of challenger banks set up to take on the dominance of bigger and more conventional lenders in the UK

Metro Bank expects defaults to rise as supports fade

Metro Bank has today posted a much bigger annual loss and said it expects defaults to rise through the year in line with its provisions as government support measures set in place due to the Covid-19 crisis are wound down.

Business • 24 Feb 21

Daniel Frumkin

Metro Bank's efforts to win back customers pay off

UK's Metro Bank to lay off 20% of workforce

Metro Bank expects defaults to rise as supports fade

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