# Metro Bank posts flat third-quarter loan growth
Published: 2021-10-20
Category: Finance
Category URL: https://blockchaintribune.com/category/finance/
Meta Title: Metro Bank Reports Steady Q3 Net Loans Amid Shift in Lending Strategy
Meta Description: Discover how Metro Bank is adapting to the changing landscape of lending and embracing a hybrid work approach. CEO Daniel Frumkin shares insights.
URL: https://blockchaintribune.com/metro-bank-posts-flat-third-quarter-loan-growth/

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(Reuters) – [Metro](https://blockchaintribune.com/alstom-wins-3-billion-order-to-deliver-metro-trains-in-hamburg/) Bank said on [Wednesday](https://blockchaintribune.com/uks-vodafone-and-virgin-media-agree-new-network-sharing-deal/) third-quarter net loans were at similar levels to the previous [quarter,](https://blockchaintribune.com/daimler-truck-q1-sales-drop-13-as-markets-normalize/) as a reduction in the British lender’s exposure to lower-yielding residential mortgages offset growth in consumer lending.

“We are seeing signs of a gradual return to normality and have adopted a hybrid way of working for office-based colleagues,” Chief Executive Officer Daniel Frumkin said.

(Reporting by Chris Peters and Muvija M in Bengaluru; Editing by Vinay Dwivedi)


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