The chief executive of Britain’s newest high street bank, Metro, says the new start-up has made an encouraging opening.
Customers have flooded to the first new bank in Britain for over a century, since it launched in Holborn last month. Metro Bank claims to have opened more accounts in its first month that it had predicted for the entire year at the flagship branch.
Craig Donaldson, Chief Executive, told news agency Reuters the Holborn branch was well ahead of its internal goals but stopped short of revealing precise figures until the bank releases official results.
Friday marked the opening of the second London branch in Earls Court, and unlike the fanfare and exuberant opening of the Holborn branch, only a handful of customers were drawn in on opening day.
Anthony Thompson, Chairman of Metro Bank, has said he is confident that it will get busier and confirmed the bank is looking to hire 100 additional workers to fill vacancies at the Earls court branch.
Metro Bank also plan to expand and open up several more branches across the capital this year, with plans already in place to launch 12 further outlets across London over the next two years.
Business banking is also an area which interests Metro, with Thompson insisting he has a waiting list of 200 people looking to open business accounts.
Metro Bank launched in July and claimed to put the wow back into banking. After a grand opening day event in Holborn complete with jazz band, free ice creams, goody bags and dog biscuits, the bank got down to business with offers of a new bank account being ready and opened in just 15 minutes. It’s convienient opening hours, 8am to 8pm through the week, as well as weekend banking make it the most accessible on the high street.




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