Fitch Raises Metro Bank Rating on Improvements in Business Profile, Financial Performance

03:55 AM EDT, 08/13/2026 (MT Newswires) -- Fitch Ratings upgraded the long-term issuer default rating of Metro Bank Holdings (MTRO.L) to BB from BB-, citing improvements in the bank's business profile and financial performance amid its transformation strategy. In a Wednesday note, the rating agency said the execution of the strategy is also generating substantial cost savings for the British lender. The outlook on the new rating is positive, reflecting the possibility of a further upgrade from more benefits arising from the strategy, such as business growth supportive of profitability.