Metro Bank gains customers after switching drive
Metro Bank, which launched in 2010 as Britain's first new high street bank for more than century, has recorded record growth for the third quarter.
According to their latest figures, they have 238,000 business and personal customers, an increase of 75% since the start of the year. Metro Bank also says that their new total deposits have grown to £1.075 billion, an increase of 24% in the third quarter, while total loans grew to £565 million.
In the first month of the government-backed Current Account Switch Service, which allows consumers to switch banks in seven working days, the number of full switches from other banks to Metro Bank doubled from the previous quarterly average.
October 25, 2013
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