Sounds promising30 Jan 2025 08:05
“Statement Regarding Consumer Loan Book Portfolio
The Board of Metro Bank Holdings PLC (“Metro Bank”) confirms that it is in preliminary discussions regarding the potential sale of its performing consumer loan portfolio.
This potential transaction further supports Metro Bank’s strategic shift towards SME, Commercial and Corporate lending. Metro Bank continues to seek opportunities to optimise its balance sheet, in particular given the strong growth the bank has seen in new Commercial and Corporate lending.
The potential transaction is expected to increase the CET1 ratio and MREL ratio on completion, subject to pricing.
There is no certainty that a transaction will be agreed or the terms of any such transaction.
The person responsible for arranging release of this announcement on behalf of Metro Bank is Clare Gilligan, Company Secretary.
Enquiries:
Metro Bank PLC Investor Relations
IR@metrobank.plc.uk
Metro Bank Media Relations”