Metro Bank is set to create 500 new jobs as it extends operations beyond London as part of its plan to open 100 branches by 2020 . Its ambition, at least, is in stark contrast to the closure of branches and dramatic shift towards online banking followed by bigger, and its biggest, rivals in the domestic market as they look to save costs and invest more digitally. Metro Bank , launched in 1997 and the first UK bank to be created in more than 150 years , currently has 48 offices in the South East and 900,000 customers . The company 's share price has risen 47 % since listing on the London Exchange almost a decade ago , and it made its first pre - tax trading profit , £ 600,000 , in Q3 2017 .
Metro Bank is set to create 500 new jobs as it extends operations beyond London as part of its plan to open 100 branches by 2020 . Metro Bank , launched in 1997 and the first UK bank to be created in more than 150 years , currently has 48 offices in the South East and 900,000 customers . The company 's share price has risen 47 % since listing on the London Exchange almost a decade ago , and it made its first pre - tax trading profit , £ 600,000 , in Q3 2017 .