Coronavirus: Conister Bank sets £10M to help businesses

Thu, 19 Mar 2020

Conister Bank has set aside £10 million to lend to businesses that have been negatively impacted by the coronavirus.

The bank says the will be made available to help local businesses and those impacted by the cancellation of the TT Races.

Managing Director, Douglas Grant, commented, ‘I was not surprised to hear the news from the Chief Minister that the TT Festival would be cancelled to minimize the impact of the coronavirus on the Island.  But for our tourist industry, this must have been another blow when they are still trying to assess the impact on their businesses after the collapse of Flybe.’

Mr Grant added, 'I am pleased to announce we have set aside £10 million initially, to lend to Island businesses negatively impacted by this week’s announcement.'

We want to make this process as easy as possible so please contact my team by phoning 694694 or applying online at conisterbank.co.im.’

 

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