Innovative bank in the making

The Financial Services Authority has given the green light to an innovative bank, Metro Bank, which promises to be a new breed of high street British banks. Fidelity and Wellington, two blue chip institutions with a renown successful track record are reported to be major investors.

With the slogan “Love your Bank”, Metro will be offering shop-style service to customers even during weekends. The bank intends to open for longer hours during the week, make available restroom facilities and will be opening accounts within 15 minutes.