Banks offer additional support to farmers affected by flooding

Farmers in the North West of England and Southern Scotland are being offered extra support following flooding across the region thanks to NatWest and the Royal Bank of Scotland:

• New or increased overdrafts with no arrangement fees for up to six months

• Capital repayment holidays and reduced payments for up to six months with no arrangement or administration fees

• Fee-free loan funding to replace assets.

The serious flooding across the North West of England and Southern Scotland is likely to have financially affected many people and small businesses in those areas. This is a difficult time for those impacted, so NatWest and RBS have introduced a range of measures to support customers and ease the financial strain caused.

Roddy Mclean, Agricultural Director at NatWest and RBS, said: “Flooding can have a huge impact on businesses, and farmers in particular can be hit hard by adverse weather.

“We want to help those affected by the recent flooding by making banking the least of their worries. We’re providing additional credit or access to finance where needed, so they can concentrate in getting their homes or businesses back to normal.”

Les Matheson, CEO of Personal and Business Banking at NatWest and RBS, added: All of our branches in the affected areas have remained open, but we know some of our customers may not be able to get to us. We would urge our affected customers to get in touch with us, either by phone or in a branch, to discuss how we can help them get back on their feet.”

Customers facing issues should contact their Relationship Manager, visit a branch or call using one of the numbers detailed below. Further information on all the measures being offered, including specific contact numbers, are detailed in the attached.