Metro Bank announced an increase in loans and deposits on an annual basis in the quarter, although assets declined slightly.
The Bank of Great Britain stressed that the total new loans amounted to 12.35 billion pounds (15.52 billion dollars) compared to 12.5 billion pounds a year ago.
Deposits rose to ,5 16.5bn from, 16.41bn a year ago and from 45 16.45bn at the end of 2021.
Metro’s assets stood at ,7 22.73 billion as of March 31, down from 22 22.9 billion a year ago, but higher than 22 22.59 billion at the end of 2021.
The company stressed that it remains on track to return profits and that it benefits from strong performance in the first quarter of 2022.
Source: Capital
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