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Metro Bank closer to profit as lending levels more than double
Challenger bank Metro lost £9.4m in the third quarter, improving on the £11.4m loss in the same period of 2013.
The lender, which has been nominated for a Morning Wire award this year, saw its deposits jump 118 per cent on the year to £2.34bn.
At the same time, its loan book increased by 146 per cent to £1.39bn.