Metro Bank opens new branch amidst competitor closures

Even as its competitors continue to close their own branches, one new provider of personal and business bank accounts has recently opened its newest, bringing it to a sum total of 11.

Metro Bank has stepped beyond M25 with its new High Wycombe, Buckinghamshire-based branch.  One of the first through the newly-opened doors was Zabina Akhtar, a 24 year old optician who was drawn to Metro Bank’s £100 a year safety deposit boxes due to a rash of recent robberies.

Ms Akhtar reported that the seven-day opening of Metro Bank was also a highly attractive feature, and having access to her jewellery any day of the week was an excellent option.  This sentiment was echoed by Mustafa Kalim, who took out current accounts with his wife, Shouki, from the fledgling retail bank, stating that the longer opening hours are much more convenient for the kind of hours he keeps due to his job working for a car website.

Both Mustafa, 34, and Shuki, 30, were also eager to take out Metro Bank debit cards, which boast no bank fees when used overseas.  With the married couple planning a trip to Disneyland in Paris with their three young children, the ability to avoid fees was important, they said.

Next month will see Metro Bank opening an additional branch in Chiswick, west London, adding further to its growing presence in the South East and the capital.  More branches in Brighton, Berkshire, and Reading are also planned, bank representatives say.

Not to be outdone, there are some other banking providers expanding their branch network as well, such as Yorkshire BS.  Thee building society recently said that they were adding 12 new branches in the future, with the first two to be located in Bingley and Pudsey, both in West Yorkshire.

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