Barclays Local Business Responds to Flood Crisis

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

At Barclays we are committed to helping our customers through these difficult times.

Responding to the implications of the recent flooding across areas of the UK, Barclays Local Business has today announced that it will be offering a financial support package to all of its affected business 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: “Events such as these can have a devastating effect on business continuity and at Barclays we are committed to helping our customers through these difficult times.”

“Our customers should contact their relationship manager as soon as they can to discuss how we might support them with concrete measures that meet their needs and help ease the pain a little.”

Notes to Editors:
*All business loans and overdraft facilities are subject to meeting existing credit criteria.

About Barclays
Barclays is a major global financial services provider engaged in retail banking, credit cards, corporate banking, investment banking, wealth management and investment management services, with an extensive international presence in Europe, the Americas, Africa and Asia. With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 140,000 people. Barclays moves, lends, invests and protects money for over 49 million customers and clients worldwide. For further information about Barclays, please visit our website http://www.barclays.co.uk.

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