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History. Goldsmith Andrew Drummond (1688–1769) founded the bank in 1717. The bank remained within the Drummonds family until 1924 when the bank was purchased by The Royal Bank of Scotland.
Metro Bank was granted its licence by the Financial Services Authority on 5 March 2010, the first high-street bank to be granted such a licence for over 150 years. It planned to open between 200 and 250 branches in Greater London within ten years of starting up.