Metro Bank Chairman on Earnings, Consumer Business, Expansion Plans

The transcript discusses Metro Bank's growth in the mortgage and commercial markets, despite Brexit uncertainties. The bank is expanding with new store openings and competing with Goldman Sachs' Marcus. Interest rates and market dynamics are explored, with a focus on Metro Bank's commercial banking strength and future expansion plans.

How has Metro Bank's mortgage business been affected by Brexit concerns?

• It has remained stable with no growth.

• It has been severely impacted.

• It has experienced significant growth.

• It has seen a decline in growth.

What is Metro Bank's strategy for competing with Goldman Sachs' Marcus?

• Expanding only in the residential market.

• Offering higher interest rates.

• Focusing on service and convenience.

• Reducing the number of new store openings.

What unusual trend was observed in the mortgage market following the Bank of England's rate hikes?

• Mortgage rates decreased unexpectedly.

• Mortgage rates fluctuated wildly.

• Mortgage rates remained unchanged.

• Mortgage rates increased significantly.

Where is Metro Bank planning to expand geographically?

• In Scotland.

• In the Midlands and West.

• Only in London.

• In Northern Ireland.

What is a lesser-known fact about Metro Bank's business focus?

• It does not offer online banking services.

• It primarily focuses on consumer banking.

• It has more commercial deposits than consumer deposits.

• It only operates in the residential market.