Business
Metro Bank disposal of RateSetter loan portfolio
Metro Bank disposal of RateSetter loan portfolio.
About this update from Metro Bank Holdings Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5333B\n Metro Bank PLC\n 10 June 2021\n \n \n \n 10 June 2021\n \n \n \n \n Metro Bank PLC (\"Metro Bank\")\n \n \n Legal Entity Identifier: 213800X5WU57YL9GPK89\n \n \n \n \n \n \n \n \n \n \n \n Metro Bank completes\n \n disposal of the RateSetter car dealer finance loan portfolio\n \n \n \n \n Metro Bank announces that it has today completed the disposal of the RateSetter car dealer finance loan portfolio (the \"Portfolio\") to LE Capital UK (Asset 1) Limited. The Portfolio had an aggregate book value of £15m and formed a non-core part of the RateSetter back book acquired by Metro Bank on 2 April 2021.\n \n \n \n ENDS\n \n \n \n \n \n Enquiries\n \n \n \n \n \n For further information please contact: \n \n \n \n \n \n Investor Relations\n \n \n Jo Roberts\n \n \n +44 (0) 20 3402 8900\n \n \n \n [email protected]\n \n \n \n \n \n \n Media Relations\n \n \n Mona Patel\n \n \n +44 (0)7815 506845\n \n \n \n [email protected]\n \n \n \n \n \n \n Teneo\n \n \n Charles Armitstead / Haya Herbert\n ‐\n Burns\n \n \n +44 (0) 7703 330269 / +44 (0) 7342 031051\n \n \n \n [email protected]\n \n \n \n \n \n \n \n \n \n About Metro Bank\n \n \n \n \n \n Metro Bank serves more than two million customer accounts and is celebrated for its exceptional customer experience. It is the highest rated high street bank for overall service quality for personal and business customers and the number one bank for service in stores in the Competition and Market Authority's Service Quality Survey in February 2021. It was recognised as 'Bank of the Year' at the 2020 MoneyAge Awards and 'Banking Brand of The Year' at the Moneynet Personal Finance Awards 2021.\n \n \n The community bank offers retail, business, commercial and private banking services, and prides itself on giving customers the choice to bank however, whenever and wherever they choose, and supporting the customers and communities it serves. Whether that's through its network of 77 stores open seven days a week, early until late, 362 days a year; on the phone through its UK-based 24/7 contact centres; or online through its internet banking or award-winning mobile app: the bank offers customers real choice.\n \n \n Metro Bank PLC. Registered in England and W...