Metro Bank bags £278m at no discount as it heads toward its first annual profit

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Metro Bank bags £278m at no discount as it heads toward its first annual profit

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File photo dated 14/02/15 of a Metro Bank branch, as the lender inched closer to the one million customers mark as profits and deposits continue to rise at the challenger bank. | Laura Lean/PA Wire/PA Images

Metro Bank, the UK challenger bank, completed a 9.9% capital increase on Tuesday evening, after announcing its fourth consecutive quarterly profit.

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