Completion of Acquisition

RNS Number : 9564Y

Metro Bank PLC

14 September 2020

 

14 September 2020

Legal Entity Identifier: 213800X5WU57YL9GPK89 

METRO BANK PLC

Completion of Acquisition

14 September 2020: Further to the announcement on 3 August 2020, Metro Bank PLC (the "Company") is pleased to announce that all necessary regulatory and shareholder approvals have now been received and the acquisition of Retail Money Market LTD ("RateSetter") has completed.

ENDS

Enquiries

For further information on this announcement, please contact:

Metro Bank PLC

Investor Relations

Jo Roberts

[phone]

[e-mail]

Media Relations

Tina Coates / Abigail Whittaker

[phone] / [phone]

[e-mail]

Teneo

Charles Armitstead / Haya Herbert ‐ Burns

[phone] / [phone]

[e-mail]  

About Metro Bank

Metro Bank serves more than two million customer accounts and is celebrated for its exceptional customer experience. It is the highest rated high street bank for overall service quality, in store service, and online and mobile banking services for personal customers in the Competition and Market Authority's Service Quality Survey in August 2020; the bank also ranked in the top two for overall service, store service and digital services for business customers. It was awarded 'Best All Round Personal Finance Provider' at the Moneynet Personal Finance Awards 2019.

The community bank offers retail, business, commercial and private banking services, and prides itself on giving customers the choice to bank however, whenever and wherever they choose, and supporting the customers and communities it serves. Whether that's through its network of 77 stores open seven days a week, early until late, 362 days a year; on the phone through its UK-based 24/7 contact centres; or online through its internet banking or award-winning mobile app: the bank offers customers real choice.

Metro Bank PLC. Registered in England and Wales. Company number: 6419578. Registered office: One Southampton Row, London, WC1B 5HA. 'Metrobank' is the registered trademark of Metro Bank PLC.

It is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and Prudential Regulation Authority. Most relevant deposits are protected by the Financial Services Compensation Scheme. For further information about the Scheme refer to the FSCS website www.fscs.org.uk.

All Metro Bank products are subject to status and approval.

Metro Bank PLC is an independent UK bank - it is not affiliated with any other bank or organisation (including the METRO newspaper or its publishers) anywhere in the world. Please refer to Metro Bank using the full name.

 

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