Editorial & Advertiser Disclosure Global Banking And Finance Review is an independent publisher which offers News, information, Analysis, Opinion, Press Releases, Reviews, Research reports covering various economies, industries, products, services and companies. The content available on globalbankingandfinance.com is sourced by a mixture of different methods which is not limited to content produced and supplied by various staff writers, journalists, freelancers, individuals, organizations, companies, PR agencies Sponsored Posts etc. The information available on this website is purely for educational and informational purposes only. We cannot guarantee the accuracy or applicability of any of the information provided at globalbankingandfinance.com with respect to your individual or personal circumstances. Please seek professional advice from a qualified professional before making any financial decisions. Globalbankingandfinance.com also links to various third party websites and we cannot guarantee the accuracy or applicability of the information provided by third party websites. Links from various articles on our site to third party websites are a mixture of non-sponsored links and sponsored links. Only a very small fraction of the links which point to external websites are affiliate links. Some of the links which you may click on our website may link to various products and services from our partners who may compensate us if you buy a service or product or fill a form or install an app. This will not incur additional cost to you. A very few articles on our website are sponsored posts or paid advertorials. These are marked as sponsored posts at the bottom of each post. For avoidance of any doubts and to make it easier for you to differentiate sponsored or non-sponsored articles or links, you may consider all articles on our site or all links to external websites as sponsored . Please note that some of the services or products which we talk about carry a high level of risk and may not be suitable for everyone. These may be complex services or products and we request the readers to consider this purely from an educational standpoint. The information provided on this website is general in nature. Global Banking & Finance Review expressly disclaims any liability without any limitation which may arise directly or indirectly from the use of such information.

METRO BANK BUSINESS CUSTOMERS NOW SUPPORTED BY POST OFFICE NETWORK

                                                 

Metro Bank, the entrepreneur’s bank, has announced that all new and existing business customers are now able to use Post Office branches to carry out their routine transactions.

To support its fast growing customer base, Metro Bank has enabled its business and commercial customers to use the Post Office’s network of more than 11,600 branches to deposit cash and cheques, as well as obtain change.

Ian Walters, Managing Director Business Banking at Metro Bank said: “We’ve seen incredible demand for our services from the business community, who are voting with their feet day in, day out, by joining a bank that truly puts them first. Because we’re expanding at such a fast rate, we want to ensure that our services remain convenient, which is why we’re now offering customers the option to bank through the Post Office network, in addition to our existing channels.”

Mark Stokes, Managing Director Commercial Banking at Metro Bank continued: “By working with the Post Office alongside expanding our popular store network and digital capabilities, we remain committed to giving our customers the choice to bank whenever, wherever and however they want. Whether that’s in store, online, by phone, through an app or now through a Post Office branch– we’re proud to be making things more convenient.”

Nick Kennett, Chief Executive Post Office Financial Services said: “With our extensive branch network which is now open longer and on Sundays, Metro Bank Business and Commercial Banking customers can easily access their day to day banking needs at a time and location convenient to them. Many of our branches have dedicated business banking counters, enabling business owners to pay in takings quickly and easily, leaving them more time to focus on running their businesses. We continue to play an important role in every community by extending the services we provide to partner banks.”

The bank continues to expand its high street presence, with three new stores due to open before the end of the year, while simultaneously investing in its digital functionality, with the launch of its market-leading commercial online banking platform earlier this month.

Today’s launch follows a strong set of Q3 results, which saw a 73% year-on-year increase in lending, with loans to business and commercial customers representing 35% of total lending. The bank also reported a 66% year-on-year growth in deposits to £7.3bn, 52% of which was from business and commercial customers.