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Scotland well placed to lead the recovery of the financial services industry

Stuart Chalmers, Managing Director – Scotland Financial Services Lead, said that the 160,000 employees of Scotland’s financial services should be very proud of the way they adapted to support companies across the country: evidenced by the positivity on display at The Herald’s Innovation for Recovery webinar, hosted by Kim McAllister.  The exciting event is available below as part of The Herald s webinar series. Financial Services certainly reacted quickly, aware of the vital role they have in stabilising the economy. Services like payment holidays for loans were rolled out quickly, along with scaling up online capabilities as customers turned increasingly to apps and online banking to access and manage their finances. In a matter of weeks, they put in the processes to channel government-backed loans to businesses as quickly as possible.

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