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Barclays Responds to Flooding Impacts


WEBWIRE

Responding to the implications of the recent flooding across areas of the UK, Barclays has today announced that it will again be offering a financial support package to all of its affected Local Business & Commercial Banking customers.


The package will allow businesses time to recover from the immediate impact of the flooding, or to bridge the gap until insurance claims are settled. It will include repayment holidays on existing and new loans, and extending overdraft facilities.

Steve Cooper, Managing Director, Barclays Local Business Banking: “A number of businesses in the areas affected by the flooding will be severely impacted. We are committed to customers so we want to help wherever possible to prevent any cash flow issues and help keep our customers trading.”

“Our customers should contact their Relationship Manager as soon as they can to discuss how we might support them with tangible measures that meet their specific needs.”



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