Whoa! Averaging 66,000 Unique Weekly Readers! 

Local News

Archibald writes to banks about financial impact of coronavirus

1 Mins read
Caoimhe Archibald MLA
Caoimhe Archibald MLA

Sinn Féin Economy Spokesperson, Caoimhe Archibald MLA, has written to a number of banks in the north requesting measures to be offered to customers who may be affected by the Coronavirus.

Caoimhe Archibald said:

“I have written to a number of the banks in the north requesting that they consider a range of options to help customers who may be affected by the Coronavirus in the coming weeks and months.

“Depending on the spread and impact of Coronavirus, large numbers of workers may suffer from reduced incomes and financial difficulty through either sickness or potential job losses.

“It is essential that all institutions play a role in addressing this as we face this challenge together, that must include our banking sector.

“Many customers may be affected by these developments, with a consequent impact on their ability to meet mortgage repayments, and indeed other costs, in the coming months.

“Measures could include without being confined to: providing facilities that would allow customers to defer mortgage repayments for a period of up to three months and refunding or removing some fees to access credit or savings for a fixed period of time.

“As we face this challenge together, it is crucial that all of our institutions play their part to ensure that our families and communities are as prepared and protected as possible.”

Digital Editorial Team
12661 posts

About author
An article that is attributed to the Causeway Coast Community Team has either involved multiple authors, written by a contributor or the main body of content is from a press release. Got a news-related tip you’d like to see covered on Causeway Coast Community? Email us - [email protected]
Articles
Related posts
Local News

BBC Spotlight : Selling Off The Causeway Coast

1 Mins read
BBC Spotlight is set to televise an investigation carried out by reporter Conor Spackman surrounding the selling of land on the Causeway…
Local News

Man used uninsured motorbike to get to 'dole office after missing bus'

1 Mins read
A Cushendall man caught using a motorbike without insurance at Parkway in Ballymena said he was using it to get to the…
Local News

Scene is set for major film production at Ballintoy

1 Mins read
Scenes for the adventure/fantasy film Dungeons & Dragons, set to be released in the US in March of 2023 will be filmed…