- Challenger bank Metro Bank said it was in talks regarding a possible sale of a loan portfolio.

The company revealed the discussions were taking place in response to media speculation of a potential deal.

'The company regularly assesses various opportunities in the market and accordingly confirms that discussions regarding the potential sale of a loan portfolio are taking place,' Metro Bank said.

'There can be no certainty at this stage that an agreement will be reached,' it added.

'A further announcement will be made if and when appropriate.'

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