ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

MTRO Metro Bank Holdings Plc

35.00
0.00 (0.00%)
Last Updated: 08:10:25
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Metro Bank Holdings Plc LSE:MTRO London Ordinary Share GB00BMX3W479 ORD 0.0001P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 35.00 34.65 36.00 11,135 08:10:25
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

Metro Bank Sells $4.25 Billion Mortgage Portfolio to NatWest

18/12/2020 7:11pm

Dow Jones News


Metro Bank (LSE:MTRO)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Metro Bank Charts.

By Matteo Castia

 

Metro Bank PLC said Friday that it sold a mortgage portfolio to NatWest Group PLC for 3.13 billion pounds ($4.25 billion).

The bank said the portfolio consists of primarily repayment mortgages with an average remaining fixed-rate term of circa two and half years.

"The transaction is in line with Metro Bank's strategy to enhance risk-adjusted returns on capital through the ongoing focus on balance sheet optimization," the company said.

 

Write to Matteo Castia at matteo.castia@dowjones.com

 

(END) Dow Jones Newswires

December 18, 2020 13:56 ET (18:56 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

1 Year Metro Bank Chart

1 Year Metro Bank Chart

1 Month Metro Bank Chart

1 Month Metro Bank Chart

Your Recent History

Delayed Upgrade Clock