RBS offers support to customers hit by collapse of Carillion

By Kitco News / January 19, 2018 / www.kitco.com / Article Link

LONDON, Jan 19 (Reuters) - The Royal Bank of Scotland on Friday announced a range of measures for individual customers hit by the collapse of construction outsourcing company Carillion .

The bank said there would be no financial cap on the measures, which include repayment holidays on loans or mortgages, refunds on overdraft and credit card charges and fee waivers for customers employed by the failed firm or businesses in its supply chain.

RBS's move follows on from a total of 225 million pounds($311.72 million)in funding that Britain's major lenders on Thursday offered to small business customers hit by Carillion's liquidation. ($1 = 0.7218 pounds)


(Reporting by Emma Rumney, Editing by Lawrence White)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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