Article summary
Banking Competition Remedies Ltd (BCR) has published an update on Metro Bank and the Pool A Capability and Innovation Fund (CIF). The purpose of the CIF is to encourage eligible bodies to develop and improve their capability to compete with RBS in the provision of banking services to small and medium enterprises (SMEs), and develop and improve the financial products and services which are available to SMEs. Following a strategic review of its business, Metro Bank is returning a portion of the money it received.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial