METRO BANK EXPANDS COMMERCIAL BANKING TEAM WITH SENIOR HIRE

Metro Bank has appointed Alec Viney as Commercial Banking Director and he will be joining bank’s specialist Large Commercial Banking team.

Metro Bank, the revolution in British banking, has today announced the appointment of Alec Viney as Commercial Banking Director. Alec will be joining the bank’s specialist Large Commercial Banking team and will look after business customers in the south-east of England.

Joining from HSBC, Alec has over 25 years’ experience in the industry and previously worked as a Commercial Relationship Director. He will report directly to Andy Veares, Director of Large Commercial Banking and will be based at Metro Bank’s Eastbourne store.

Commenting on his appointment Alec said: “Having learnt about the bank’s vision and commitment to customer service, I knew this was a place where I wanted to work. The business is witnessing significant and sustained growth and I’m really excited to join the team and make a real difference to the way businesses bank.”

Andy Veares, Director of Large Commercial Banking at Metro Bank said: “I am delighted to welcome Alec to the growing team. He brings a wealth of experience and a real desire to do the right thing for the customer. Our commercial arm is going from strength-to-strength and his appointment will complement the team hugely and ensure that we continue to provide an unparalleled banking experience.”

The Large Commercial Banking team focusses on companies with a turnover of above £10 million and debt in excess of £3 million. As well as being able to support organisations with their day-to-day banking requirements, the team is also able to support management buy-ins and outs and asset purchases.

Metro Bank has a clear track record of supporting businesses and the bank announced in its full year financial statement a 66% year-on-year increase in lending to £5.9bn, with loans to business customers representing 36% of total lending, and also reported a 56% year-on-year growth in deposits to £8bn, of which 50% were from business customers.