UK challenger Metro Bank’s new website has gone live. The launch comes days after the FI announced it was inching closer to making a profit. It reported an underlying loss after tax of £4.1 million for its quarter to June , compared to £7.9 million in Q1 2016 and £10.2 million in Q4 2015. Customer accounts increased to 780,000 at 30th June from 655,000 on 31st December 2015, whilst the venture now has 42 branches or ‘stores’.

Vernon Hill, Chairman and Founder at Metro Bank, says: “Six years on from our launch, we are the revolution in British banking. Our relentless focus on customer service and convenience, supported by state-of-the-art IT and a powerful AMAZE culture, continues to distinguish us and provides a compelling competitive advantage in the Metro Bank PLC market. As we celebrate our sixth anniversary, we would like to thank all our customers, colleagues and investors who have supported us in our mission to develop Metro Bank into a major banking force in the UK. We look forward to creating even more fans over the years ahead.”

By Scott Thompson

 

by Scott Thompson
Scott is Senior Editor at IBS Intelligence. You can follow him on Twitter and contact him at: Scott.Thompson@ibsintelligence.com
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