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#MetroBank provides 25-year loans to HAs as it seeks rapid sector growth

Writer's picture: BME NationalBME National

Social Housing, Vol.25 No.9, September 2013

Metro Bank is offering 25-year bilateral loans to housing associations while looking to rapidly grow its loan book after agreeing £14 million of facilities for two small registered providers.

The UK’s first new high street bank in a century has provided a £10 million funding facility to the Agudas Israel Housing Association and £4 million to Apna Ghar Housing Association.

Metro’s head of social housing Craig Wilson…

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