AIM IP specialist Tekcapital to sell or float all four portfolio companies 'within 2 years'. Watch the full video here

Less Ads, More Data, More Tools Register for FREE

Britain's Metro Bank reports flat deposits, higher third quarter lending

Wed, 21st Oct 2020 07:04

LONDON, Oct 21 (Reuters) - Britain's Metro Bank
reported a 2% increase in lending for the third quarter, while
deposits remained flat as it grapples with the impact of the
COVID-19 pandemic.

The lender did not provide an update on its bottom line,
after it swung to a 240 million pounds ($311.52 million) loss in
the first six months of the year following provisions to cover
expected loan losses.

($1 = 0.7704 pounds)
(Reporting By Lawrence White, Editing by Sinead Cruise)

More News

UPDATE 1-EU has not yet ordered more AstraZeneca vaccines, says internal market commissioner

(Adds extra cost for Pfizer vaccine, background)PARIS, May 9 (Reuters) - hThe European Union has not yet made any new orders for AstraZeneca vaccines beyond June when their contract ends, European Internal Market Commissioner Thierry Breton said o...

Today 13:27

EU's Breton: EU did not renew Astrazeneca COVID-19 vaccine order for after June

PARIS, May 9 (Reuters) - European Internal Market Commissioner Thierry Breton said on Sunday the European Commission did not renew its order for AstraZeneca vaccines against COVID-19 for after June.The European Commission last month launched legal...

Today 11:30

ECB's Rehn calls for change to ECB’s inflation target in line with Fed approach- FT

May 9 (Reuters) - The European Central Bank should follow the U.S. Federal Reserve by accepting an overshooting of its inflation target to make up for many years of sluggish price growth, Finnish central bank chief Olli Rehn told the Financial Ti...

Today 11:19

UK PM calls summit as Sturgeon says 2nd referendum is will of Scotland

UK PM calls summit as Sturgeon says 2nd referendum is will of Scotland

Today 09:49

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.