Fitch upgrades Metro Bank to BB from BB-
15 August 2026 · Fitch · Metro Bank PLC
| Institution | Metro Bank PLC |
| Agency | Fitch Ratings |
| Action | Upgrade |
| Long-term rating | BB- → BB (+1 notch) |
| Outlook | Positive → Positive |
| Source | Metro Bank's published credit ratings |
What this means
Fitch now judges Metro Bank better able to meet its long-term obligations than before, moving its rating 1 notch higher to BB, in the "Lower Medium" band and below investment grade. Upgrades usually follow sustained improvement in capital, profitability or asset quality, or a stronger view of support from the wider group.
As read from Metro Bank's disclosure: "Fitch Ratings Holding Company: Metro Bank Holdings PLC Long Term Short Term Viability Outlook BB"
Deposit protection is unaffected by rating changes: eligible deposits remain covered by the FSCS up to £120,000 per person per banking licence. See Metro Bank's full rating page for the blended rating, history and FAQ, and all rating changes.
Figures are the agency's long-term rating of the licence-holding entity as published by the institution. This is information, not financial advice.