Business

Nationwide extends branch pledge amid cost-of-living crisis

Nationwide has 13 branches across Northern Ireland.
Nationwide has 13 branches across Northern Ireland.

NATIONWIDE Building Society has extended its pledge to protect branches in cities and towns for at least an extra year as part of efforts to help households amid the cost-of-living crisis.

The mutual lender said the promise means that it will not leave any uk town or city in which it is based without a branch until at least 2024.

It has 13 branches in Northern Ireland and had originally set the pledge until at least 2023.

The move comes as part of a push to support customers during the cost crunch and ensure they have access to the lender's network of advisers for help on finance or advice if they are struggling.

It is also providing extra training for staff in branches to allow them to offer support over the phone, online and digitally, as well as in person.

Nationwide's new chief executive Debbie Crosbie - who started in the post on Monday - said helping customers in the current crisis was her "immediate priority".

She said: "By extending the branch promise, members who face financial difficulties can discuss the practical support we offer in person with specially trained colleagues.

"This is the first in a number of initiatives that Nationwide will launch for members in the months ahead."