Metro Bank launches sale process
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On November 12, 2026, the UK’s Metro Bank announced that its board had launched a review of growth options, including a formal sale process, and was seeking buyers. The bank also said that it was not currently in active discussions with any potential buyers. Metro Bank said it achieved its highest-ever profit in its 2025 financial year; its quarterly results released last week showed that lending grew by 37%, driven mainly by loans to commercial, corporate and small-business customers. Before launching the sale plan, the bank had carried out its third round of layoffs in three years.
AI-written from reports · updated 1 hour ago
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- PYMNTSMetro Bank seeks buyer amid loan growth
UK-based Metro Bank announced that its board has launched a review of growth options, including a formal sale process, and is seeking a buyer, but said it is not currently in active discussions with any potential buyers. The bank said Full Year 2025 saw its highest-ever profit, while quarterly results released last week showed loan growth of 37%, mainly driven by lending to commercial, corporate and small-business customers. The sale plan comes after the bank began its third round of layoffs in three years.
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