Home > General > Bank of Ireland launch €50m fund for those affected by storms

Bank of Ireland launch €50m fund for those affected by storms

Written by Robert McHugh, on 17th Oct 2017. Posted in General

article headline

It was announced today that Bank of Ireland has launched a range of supports for those affected by the recent storm including a €50million fund to provide support for businesses and homeowners.

The bank is facilitating emergency working capital for businesses and homeowners to repair properties as well as payment flexibility on products. Mortgage breaks for up to three months and other payment flexibility can be provided for those affected by the weather and a dedicated support helpline has been set up for customers to contact the bank.

Bank of Ireland will also provide business and agri customers with necessary funding with a commitment to prioritise loan decisions and approval as quickly as possible for those impacted. 

Furthermore, mobile financial advisers and insurance assessors are available to visit customers at their homes, farms or business to discuss options available to them. Businesses requiring desk space can avail of Bank of Ireland’s Workbench and Startlab co-working facilities including free wi-fi and meeting rooms.

Speaking today, Director Distribution Channels at Bank of Ireland,  Gavin Kelly said,  "We are committed to providing support to communities across the country.  Our dedicated helpline 1800 365 100 is available from 8am this morning and our social media channels and phone teams are all open.  Local staff are reaching out to customers and communities to help, and a €50million fund available will provide support for business and personal customers. We can also take a flexible approach in relation to payments on other products and are asking customers to talk to us."

He added, "The vast majority of our branches and ATMs are operating as usual today and our teams are available to support communities across Ireland. We are asking any customers who need help to call our dedicated helpline on 1800 365 100 or drop into one of our 250 branches nationwide and to speak to our advisers. Alternatively our mobile advisers can come to them to discuss what we can do to help. We can also assist business owners with access and workspace through our Workbench and Startlab facilities. Our priority now is to support customers in any way that we can."

Source: www.businessworld.ie

More articles from General

image Description

Choosing the Right Time and Attendance System for Your Business in Ireland

Read more
image Description

The Benefits of Choosing a Payroll Bureau in Ireland with Online Payroll Software

Read more
image Description

Tips for Building a Successful Travel Business in Ireland

Read more
image Description

How to Improve Your Business Writing: Simple Tips That Work

Read more
image Description

Leveraging Digital Platform Integration is the Key to Driving Competition Among Businesses

Read more