Bank Of Ireland announces supports for those affected by weather

€50 million fund established to provide funding for businesses and homes

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18 October 2017 | 0

A range of supports for those affected by the recent storm, including a €50 million fund to provide support for businesses and homeowners, has been announced by Bank of Ireland.

The bank is facilitating emergency working capital for businesses and homeowners to repair properties as well as payment flexibility on products.

In a press statement, the bank reported 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 has also said it will provide business and agri customers with necessary funding with a commitment to prioritise loan decisions and approval as quickly as possible for those impacted.

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

“We are committed to providing support to communities across the country,” said Gavin Kelly, director distribution channels, Bank of Ireland. “We can also take a flexible approach in relation to payments on other products and are asking customers to talk to us.”

For more information on the above supports, contact the dedicated helpline on 1800 365 100.

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