Northern Bank tells local businesses: 'Let's Talk'

MORE than 40 local businesses recently gathered at Portstewart Golf Club for a 'Let's Talk Business' event to hear about Northern Bank's ongoing commitment to supporting local businesses and the range of services and support with which they are doing this.

Head of Business Banking for the area Mark Watson, told the group of businesses that Northern Bank is proactively seeking to grow its share of trading businesses and has been successfully been doing so on the back of the bank's financial strength, partnership approach and products and services such as Business eBanking.

He also told the audience that last year Northern Bank issued nearly 500 million in business lending, granted more than 1,000 new business loans and approved over 90 per cent of applications for credit.

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Guests also heard from businessman Patsy Trolan from Supervalu Ballymoney who told the audience how easy it was to move their banking relationship to Northern Bank.

Northern Bank's Chief Economist Angela McGowan outlined what's next for the local economy and said that policy makers need to bring forward measures for growing the private sector alongside their proposals to slim the public sector, with adequate attention given to initiatives that will stimulate enterprise and boost productivity locally.

The Let's Talk Business events follow a series of measures previously announced by Northern Bank to assist local business including the appointment of a business acquisition team to actively grow the bank's share of trading businesses.

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