Hayes says banks are up to the task of handling struggling borrowers in latest Covid-19 lockdown

the banks are up to the task of handling any difficulties facing customers from the third Covid-19 lockdown this month, says BPFI CEO

Brian Hayes, CEO of Banking and Payments Federation Ireland. File Picture: RollingNews.ie

Brian Hayes, who heads up the business group representing mainstream lenders, said the banks are up to the task of handling any difficulties facing customers from the third Covid-19 lockdown this month.

Mainstream lenders are working with so-called non-bank lenders and are continuing to devote significant efforts in handling queries from customers facing financial distress during the latest lockdown and to offer payment breaks on a case-by-case basis, the Banking and Payments Federation Ireland, or BPFI, said.