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Barclays pledges lending support to SMEs impacted by Carillion

Ian Rand, Chief Executive of Barclays Business Banking, said:

“Barclays is doing everything in our power to support any customer or client who is impacted by Carillion going into liquidation.

“We are aware that some banks have announced a specific fund to help SME clients. We’ve chosen not to put any limit on the amount of support and lending we are willing to provide. We will look at increasing overdrafts, interest only loan repayments and immediate help with cash flow on a case by case basis.

“We have set up a dedicated helpline and have been proactively contacting our SME clients who work with Carillion to offer our support.

“Our national network of Relationship Managers has been reaching out to clients all week, and will continue to offer support and finance to businesses in need.

“In addition, we have £600m of pre-assessed lending limits already in place for SME clients and contractors, who can apply for these funds instantly via their mobile or online banking.”
Notes to editors

Barclays is encouraging any customer or client who is affected by Carillion going into liquidation to contact us for support.

  • The dedicated helpline for business banking customers is 0800 197 1085. Monday to Friday 9:00am to 5:00pm
  • Mortgages – 0800 022 4022. Lines are open Monday to Friday, 8:30am to 5:30pm and Saturday 9:00am to 1:00pm
  • Barclaycard – 0800 046 8324. Lines are open every day from 9:00am to 9:00pm
  • Overdraft and Barclayloan – 0345 600 4545. Lines are open Monday to Sunday, 8:00am to 9:00pm
  • Premier – 08009 247 365. Lines are open 24 hours a day, 7 days a week

About Barclays

Barclays is a transatlantic consumer and wholesale bank with global reach, offering products and services across personal, corporate and investment banking, credit cards and wealth management, with a strong presence in our two home markets of the UK and the US.

With over 325 years of history and expertise in banking, Barclays operates in over 40 countries and employs approximately 85,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

For further information about Barclays, please visit our website www.home.barclays .