Metro Bank will open with two stores in London; the first at One Southampton Row, Holborn followed by Cromwell Road, Earl’s Court a week later. A further 12 stores are planned in Greater London over the next two years as part of a 200+ store expansion plan.
Metro Bank will serve the banking needs of the consumer and business communities of Greater London and deposits will be covered by the UK Financial Services Compensation Scheme.
Metro Bank Business Banking will deliver personalised business banking services including credit and cash management, with local managers making local loans.
Anthony Thomson, co-founder and Chairman of Metro Bank, said: “We have been preparing for this day for a long time and are delighted it’s finally here. We plan to offer our customers a great retail experience, and we want to make banking fun for everyone.”
Vernon Hill, co-founder and vice chairman added: “Our focus will always be the customers, both retail and business, and making sure we do the right thing by them. The British public deserves a better banking experience, and Metro Bank intends to give it to them, where, when and however they choose.”
