Metro Bank, which has 34 outlets, said it had opened its 500,000th customer account after year on year growth of 56% in the first quarter of the year.
Deposits increased to £3.3 billion, with total loans up to £1.8 billion and almost half of total lending being to business customers. Losses continue to decline quarter on quarter, with a deficit of £8.5 million in the first quarter.
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