Connect with us

Top Stories



Metro Bank, the revolution in British banking, today announces it has provided Downing Pub EIS One Limited, formed from the merger of Pabulum Pubs and Augusts Pub in October, with £7.7 million of funding.

The capital will be used to facilitate the exit of investors who wish to relinquish their investment following the merger, and allow the remainder of investors to roll their funds into Downing Pub EIS One Limited.

Craig Donaldson, CEO at Metro Bank said: “At Metro Bank, we’re committed to supporting the hospitality sector with deals of varying size, across the country. Our team of hospitality experts, led by Steve Croswell, we’re delighted to assist Downing and its nine London-based pubs. Downing is an exciting new venture and we look forward to helping the business to achieve its growth ambitions.”

Steven Kenee, Partner at Downing LLP added: “We’re pleased to have completed our transaction with Metro Bank. We have been supported throughout the process and continue to be impressed with the services provided. We look forward to working with them in the future and building on our relationship.”

Metro Bank offers tailored commercial banking services, including a full range of lending and cash management solutions. Customers are supported by a dedicated team of relationship managers, who provide expert and industry-specific guidance across the healthcare, hospitality and leisure, property, charities and not-for-profit, inward investment and financial services sectors. 

Editorial & Advertiser disclosure
Our website provides you with information, news, press releases, Opinion and advertorials on various financial products and services. This is not to be considered as financial advice and should be considered only for information purposes. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third party websites, affiliate sales networks, and may link to our advertising partners websites. Though we are tied up with various advertising and affiliate networks, this does not affect our analysis or opinion. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you, or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish sponsored articles or links, you may consider all articles or links hosted on our site as a partner endorsed link.
Global Banking and Finance Review Awards Nominations 2021
2021 Awards now open. Click Here to Nominate


Newsletters with Secrets & Analysis. Subscribe Now