What did Metro Bank announce on Wednesday?

Metro Bank announced that it has signed an agreement to sell a portfolio of about 584 million pounds of unsecured personal loans.

Who purchased the unsecured loan portfolio?

A spokesperson for Metro Bank declined to comment on who had bought the portfolio.

What is the expected gain from the transaction?

Metro Bank stated that the transaction is expected to result in a gain of about 11 million pounds.

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Home > Finance > Britain's Metro Bank sells 584 million pounds unsecured personal loan book

Finance

Britain's Metro Bank sells 584 million pounds unsecured personal loan book

Published by Global Banking & Finance Review®

Posted on February 26, 2025

1 min read

Last updated: January 25, 2026

Britain's Metro Bank sells 584 million pounds unsecured personal loan book - Finance news and analysis from Global Banking & Finance Review

Britain's Metro Bank sells 584 million pounds unsecured personal loan book

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Metro Bank Agrees to Sell £584 Million Unsecured Loan Portfolio

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