Metro Bank, which says it is the first wholly new bank to open in the UK in more than 100 years, will open its first store in Holborn and open a second in Earl’s Court a week later. It says it has plans to open a further 12 branches in Greater London over the next two years as part of an overall 200 branch expansion plan.
The new bank says it is will “adopt a retail store model offering” and will be open seven days a week and will operate a 24-hour call centre. All loan decisions will be made in-store by the branch manager.
Metro Bank chairman Anthony Thomson says: “We have been preparing for this day for a long time and are delighted it’s finally here. We plan to offer our customers a great retail experience, and we want to make banking fun for everyone.”