REG-Metro Bank Holdings PLC Reclassification Under MREL Regime

Metro Bank HoldingsAnnouncement

19/12/2025 06:45

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   Metro Bank Holdings PLC (MTRO)
   Reclassification Under MREL Regime

   19-Dec-2025 / 06:42 GMT/BST

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                                       Metro Bank Holdings PLC (LSE: MTRO LN)

                                                             19 December 2025

                                        

             Metro Bank Holdings PLC (LSE: MTRO LN) (“Metro Bank”)

                 Legal Entity Identifier: 984500CDDEAD6C2EDQ64

                                        

                       Reclassification Under MREL Regime

                                        

   Metro Bank has received formal confirmation from the Bank of England that
   it will be reclassified as a transfer firm under the MREL regime,
   effective 1 January 2026.

   As a transfer firm, Metro Bank’s MREL will be set equal to current minimum
   capital requirements of 13.7% including buffers and 9.2% excluding
   buffers.

    

   Daniel Frumkin, Chief Executive Officer at Metro Bank, said:

   “We are pleased to have received confirmation of our MREL
   reclassification, as we anticipated following the Bank of England’s
   announcement in July. This is a positive development which affords us more
   capital flexibility, enhancing our ability to lend into the UK economy and
   creating further value for our shareholders”.   

    

   Metro Bank will provide a further update at its full year results on 4
   March 2026.

    

   Enquiries

    

   For more information, please contact:

   Metro Bank PLC Investor Relations

   Daniel Ainscough

   +44 (0) 20 3402 8900

    1 IR@metrobank.plc.uk

    

   Metro Bank PLC Media Relations

   Victoria Gregory

   +44 (0) 7773 244608

    2 pressoffice@metrobank.plc.uk

    

   FGS Global

   Mike Turner

   +44 (0) 7766 360900

    3 Metrobank-lon@fgsglobal.com

    

                                      ENDS

                                        

   About Metro Bank

   Metro Bank provides corporate, commercial  and SME banking and  specialist
   mortgage lending,  alongside retail  and private  banking services.  Metro
   Bank offers relationship banking through a network of 78 stores in the UK,
   telephone banking from  UK-based contact centres  and digital banking  via
   mobile app and online.

   Metro Bank  Holdings PLC  (registered in  England and  Wales with  company
   number 14387040, registered office: One Southampton Row, London, WC1B 5HA)
   is the listed entity and holding company of the Metro Bank group.

   Metro Bank  PLC  (registered in  England  and Wales  with  company  number
   6419578, registered  office: One  Southampton Row,  London, WC1B  5HA)  is
   authorised by the  Prudential Regulation  Authority and  regulated by  the
   Financial  Conduct   Authority   and  Prudential   Regulation   Authority.
   ‘Metrobank’ is  a  registered  trademark  of  Metro  Bank  PLC.   Eligible
   deposits are protected by the Financial Services Compensation Scheme.  For
   further information about the Scheme, refer to  4 www.fscs.org.uk.

   Metro Bank is an independent UK bank – it is not affiliated with any other
   bank or organisation. Please refer to Metro Bank using the full name.

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   Dissemination of a Regulatory Announcement, transmitted by  5 EQS Group.
   The issuer is solely responsible for the content of this announcement.

   View original content:  6 EQS News

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   ISIN:          GB00BMX3W479
   Category Code: MSCL
   TIDM:          MTRO
   LEI Code:      984500CDDEAD6C2EDQ64
   Sequence No.:  412074
   EQS News ID:   2248834


    
   End of Announcement EQS News Service

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References

   Visible links
   1. mailto:IR@metrobank.plc.uk
   2. mailto:pressoffice@metrobank.plc.uk
   3. mailto:Metrobank-lon@fgsglobal.com
   4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=1ee144e2c222ae797e7ba7338e7661df&application_id=2248834&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
   5. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=f5d50dc7e8798b6eb177f7955e598e60&application_id=2248834&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news
   6. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=cf850a036ad268e119bb2adb5b3b3e42&application_id=2248834&site_id=reuters~~~6aa99418-46f7-48b9-89fd-959a8d2e4912&application_name=news


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