Metro Bank PLC Credit Rating
Metro Bank PLC holds a blended long-term credit rating of BB — the "Lower Medium" band, which is below investment grade, with a positive outlook. That figure combines the latest long-term issuer ratings from Fitch onto a single comparable scale, and indicates a capacity to meet its commitments that is currently in place but vulnerable to adverse business or economic conditions. Metro Bank PLC is owned by Metro Bank PLC (public). A credit rating measures an institution's ability to meet its financial obligations — it is an opinion, not a guarantee, and it is separate from deposit protection.
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Frequently asked questions about Metro Bank PLC
Is Metro Bank PLC safe?
Metro Bank PLC currently holds a blended long-term credit rating of BB, which is below investment grade and indicates a capacity to meet its commitments that is currently in place but vulnerable to adverse business or economic conditions. A credit rating is an independent opinion on an institution's ability to meet its financial obligations; it is not a guarantee and can change. Separately, Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per eligible person, per banking licence. Where several brands share a single banking licence, that £85,000 limit is shared across those brands rather than applying to each one separately. This page is information about published credit ratings, not financial advice.
What is Metro Bank PLC's credit rating?
Metro Bank PLC has a blended long-term credit rating of BB, with a positive outlook. This blends the most recent long-term issuer ratings from Fitch, mapped onto a common scale so ratings expressed in different agencies' notation can be compared directly.
Is Metro Bank PLC covered by the FSCS?
Eligible deposits with UK-authorised banks and building societies are protected by the Financial Services Compensation Scheme (FSCS) up to £85,000 per eligible person, per banking licence. Where several brands share a single banking licence, that £85,000 limit is shared across those brands rather than applying to each one separately. Metro Bank PLC is recorded with FCA reference 502050. Because protection follows the banking licence rather than the brand, check the current position and which brands share a licence on the FSCS website before relying on it.
Who owns Metro Bank PLC?
Metro Bank PLC is owned by Metro Bank PLC (public). Ownership matters for credit ratings because agencies often factor in the likelihood of support from a parent group, and because brands under the same banking licence share a single FSCS limit.
What does a BB credit rating mean?
BB sits in the "Lower Medium" band, indicating a capacity to meet its commitments that is currently in place but vulnerable to adverse business or economic conditions. Ratings of BBB- (or Baa3 on Moody's scale) and above are considered investment grade; anything below that is regarded as speculative, sometimes called "high yield". Ratings are reviewed periodically and can be upgraded or downgraded.
When did Metro Bank PLC's credit rating last change?
Metro Bank PLC's blended rating has stood at BB since 15 August 2026, the most recent change in our records. Ratings are re-checked automatically and this page updates when an agency revises its assessment.