March 11, 2020 / 10:52 AM / 3 months ago

HSBC announces measures to support coronavirus-hit customers

FILE PHOTO: The HSBC bank is seen in the financial district of Canary Wharf in London, Britain, July 13, 2017. REUTERS/Kevin Coombs/File Photo

LONDON (Reuters) - HSBC on Wednesday announced a number of measures to support customers impacted by the coronavirus, following other British lenders which announced similar measures earlier this week.

HSBC said personal banking customers affected could have mortgage payments reduced, as well as getting the option to switch to paying only the interest on their home loans if needed.

Business customers could be offered more time to repay loans, the bank said.

Reporting by Lawrence White, editing by Louise Heavens

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