Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Wednesday 22 October 2014 8:30 pm  |  Updated:  Friday 07 June 2019 2:15 pm

Metro Bank closer to profit as lending levels more than double

By: Tim Wallace

Add as a preferred source on Google

Challenger bank Metro lost £9.4m in the third quarter, improving on the £11.4m loss in the same period of 2013.

The lender, which has been nominated for a City PM award this year, saw its deposits jump 118 per cent on the year to £2.34bn.

At the same time, its loan book increased by 146 per cent to £1.39bn.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business

Related Topics

  • Metro Bank

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • A meeting with the breakfast king of Mayfair

  • As it happened: Stocks jump on defence and metals boost; Oil on track to shed a fifth on US-Iran peace hopes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers

More from City PM

  • Bank of England unveils Armageddon stress test scenario ‘more severe than the financial crisis’

    Regulation
    bank of england
  • Bank of England chief economist ‘not trying to be a troublemaker’ on rates split

    Economics
    Chief economist Huw Pill said "consistency" was key to the Bank of England's quantitative tightening programme (Photo by: Graeme Sloan/Bloomberg via Getty Images)
  • Bank of England waters down stablecoin rules after industry backlash

    Regulation
    Bank of England deputy governor Breeden discusses economic policies during a press conference
  • What if Andy Burnham had become Labour leader in 2015?

    Opinion
    Andy Burnham campaigns to be Labour leader, 2015.
  • For all their charm, digital banks still leave me tearing my hair out

    Opinion
    Digital bank interface showing user-friendly dashboard with financial analytics and transaction history on a modern screen
  • Burnham turns to ex-OBR and Bank of England chiefs on economic policy

    Politics
    British Chambers President Andy Haldane speaking at a business conference, addressing economic growth and industry challen...
  • No ‘capacity’ for Ed Miliband’s warm homes plan, says British bank boss

    Property
    Breaking news coverage in a general news article, highlighting current events and important developments
  • White Oak Global Advisors Expands Commitment to UK SME Financing with New Senior-Secured Private Credit Strategy

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy