Metro Bank, the revolution in British retail and business banking, was last week presented with the ‘New Company of the Year Award’ at the Plc Awards, beating a shortlist of other newly listed, highly-successful companies.
The prestigious awards celebrate the most impressive achievements within the City and the ‘New Company of the Year Award’ specifically recognises the top recently listed organisation that has demonstrated both formidable growth and remarkable management qualities.
Commenting on the award, Vernon Hill, Founder and Chairman at Metro Bank said: “It’s a real honour to have won ‘New Company of the Year Award’ just a year since listing on the London Stock Exchange, and is testament to the power of our growth model. Our thanks must go as always to our fans. We look forward to continuing to revolutionise UK banking.”
Launched in 2010 as the first new high street bank in more than 100 years, Metro Bank has over 915,000 customer accounts across its network of 48 stores, as well as recording £8bn in deposits and £5.9bn in loans in its latest set of full year results. In March 2016 it listed on the London Stock Exchange, following a private capital raising that saw investors commit £400m of new funding.