Metro Bank PLC (LON: MTRO) noted today the recent press speculation regarding a potential disposal of a loan portfolio. The Company regularly assesses various opportunities in the market and accordingly confirms that discussions regarding the potential sale of a loan portfolio are indeed taking place.
There can be no certainty at this stage that an agreement will be reached and a further announcement will be made if and when appropriate.
Metro Bank plc is a retail bank operating in the United Kingdom, founded by Anthony Thomson and Vernon Hill in 2010. At its launch it was the first new high street bank to launch in the United Kingdom in over 150 years. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index