Bank reports record corporate lending and lowest cost of deposits among UK high street competitors, signaling successful execution of turnaround strategy LONDON: Metro Bank Holdings PLC on Wednesday reported strong financial performance for the first half of 2025, with profits…
LONDON: NatWest Group plc has entered into an agreement with Metro Bank plc to acquire a £2.5 billion portfolio of prime UK residential mortgages, with a weighted average current loan to value of c.62%. On completion of the transaction NatWest Group expects to…
LONDON: Metro Bank PLC announced the acquisition of a portfolio of loans from peer-to-peer investors who have invested through the Retail Money Market Ltd (RateSetter) platform for a cash consideration of up to £384 million. The exact amount is expected…
LONDON: NatWest Group plc has entered into an agreement with Metro Bank plc to acquire a £3.0 billion portfolio of prime UK mortgages, a news release said. The portfolio consists of owner occupied residential mortgages with a weighted average current…
LONDON: Metro Bank announced the appointment of Robert Sharpe as Chairman. It is anticipated that Robert will commence the role from 1 November 2020, subject to regulatory approval. He will succeed Sir Michael Snyder, who was appointed Interim Chairman in…