Lender DetailsMetro Bank PLC
Bank

Metro Bank PLC

Also known as: Metro Bank

Metro Bank PLC is a UK challenger bank founded in 2010 as the first new high-street bank in the UK in over 100 years. Known for extended opening hours and community-focused stores. Underwent significant financial restructuring in 2023. FCA issued a £16.7m fine in 2024 for anti-money laundering control failures.

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Contact details

Websitehttps://www.metrobankonline.co.uk
Phone0345 08 08 500
EmailNot verified
Registered addressOne Southampton Row, London, WC1B 5HA

Visit Metro Bank PLC website ↗

Regulatory and company information

FCA Firm Reference Number488982
FCA statusAuthorised — PRA-regulated. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
Companies House number06419578
Company statusActive — Underwent major refinancing in October 2023 (£925m capital raise and debt restructuring). Continues to operate as an independent entity.
Parent companyMetro Bank Holdings PLC (14387040); major shareholder Spaldy Investments (Jaime Gilinski Bacal)

What they do

Main products and services

Personal current accounts; savings accounts; mortgages; personal loans; business banking; commercial banking; 7-day branch banking

Trading names and group notes

Parent: Metro Bank Holdings PLC (14387040). £925m capital raise and refinancing completed October 2023 following share price collapse. Jaime Gilinski Bacal (via Spaldy Investments) holds a significant stake post-recapitalisation. FCA Final Notice issued 2024 (£16.7m fine, AML failures). Continues as independent entity as of June 2026.

Reviews and public sentiment

Review scores are third-party public indicators only. They are not proof of FCA compliance, product quality, or suitability for your circumstances.

Trustpilot

2.3

4764 reviews

App Store

4.5

Google Play

4.2

Other review and social proof

Smart Money People: 3.2/5; Which? Customer Score: 59%; FCA Final Notice 2024 (AML failures, £16.7m fine); FSCS protected deposits up to £85,000

Overall public sentiment

Below average on Trustpilot (2.3/5, Poor). Negative reviews cite account closures, poor customer service response, and concerns following 2023 financial difficulties. In-store/branch experience rated more positively. App store ratings moderately positive.

Sources and checks

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