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Metro Bank Holdings Obtains Confirmation for Reclassification as Transfer Firm

MT Newswires·12/19/2025 04:22:31
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04:22 AM EST, 12/19/2025 (MT Newswires) -- Metro Bank Holdings (MTRO.L) said Friday that it secured the Bank of England's confirmation for its reclassification as a transfer firm under the UK's minimum requirement for own funds and eligible liabilities regime. As a result, the British lender's minimum requirement will be set at the current minimum capital requirements of 13.7%, including buffers, or 9.2%, excluding buffers. The reclassification will take effect Jan. 1, 2026.