As per the official announcement, on completion of the transaction NatWest Group expects to welcome around 10,000 customer accounts which will continue to be serviced by Metro Bank, in accordance with current arrangements, following the transfer to NatWest Group. Officials from NatWest Group announced that this deal presents another chance to quickly expand their Retail mortgage portfolio within the bank's current risk framework, offering appealing returns. This move aligns with its strategic goals and follows recent acquisition from Sainsbury's Bank.
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