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COVID-19: Supporting our clients through challenging times

These are certainly unprecedented times we are facing. It is more important now than ever to come together to support and assist one another through this period of uncertainty.

Our focus within the aviation business has been on ensuring the safety and wellbeing of our colleagues while continuing to provide our clients with the high level of service they need and deserve.

We have put a number of precautionary measures in place at Standard Chartered in Ireland and have relied upon the well-established and tested business continuity plans to support our clients and colleagues. Our business remains 100% operational and while working from home we have been able to deliver the Bank for our airline clients in an entirely seamless manner.

We are actively managing our risk, capital and liquidity position to ensure that the Business remains stable and sound, and we are confident that we will come out of this crisis with even greater resilience. Afterall, we are Here for good.

At the global level, we have committed to providing USD1 billion of financing for companies that provide goods and services to help the fight against COVID-19, and those planning the switch into making products that are in high demand to fight the global pandemic. We have been very active in looking for ways to support our local communities through a number of exciting initiatives and I am very pleased to hear of the many volunteering activities undertaken by the team globally to assist those in greatest need.

We remain unwaveringly committed to supporting our clients as they face challenges of their own, and we are here to help.

I am tremendously proud of how the team has responded and delivered for clients. How we respond now will greatly strengthen relationships for the future.

Stay in touch, and together we can get through this.

Kieran Corr,

Global Head, Aviation Finance & CEO