Naughten updated on Bank of America plans

Denis Naughten TD
Local TD, Denis Naughten sought an update on plans to sell off Bank of America’s UK loan book. The work is carried out here in Ireland in the Bank’s Carrick-on-Shannon base.

Local TD, Denis Naughten sought an update on plans to sell off Bank of America’s UK loan book. The work is carried out here in Ireland in the Bank’s Carrick-on-Shannon base.

Recently Deputy Naughten put forward a query on the sale to Jobs Minister, Richard Bruton.

In response the Minister stated “IDA remains in contact both locally and at headquarters level with both Bank of America and Apollo/AvantCard, to monitor progress and provide assistance, as appropriate, with respect to reconfiguring the Carrick facility. My Department and IDA Ireland will continue to keep in close touch with the issue and will provide whatever assistance they can to seek to ensure a satisfactory outcome”.

Commenting on the Minister’s response Deputy Naughten said that it is imperative that Minister Bruton and his officials keep in regular contact with Bank of America to ensure that jobs at MBNA credit card division in Carrick-on-Shannon are maintained.

“I intend to continue to raise this important issue with Minister Bruton, until a suitable owner is found for the UK portfolio”, concluded Deputy Naughten.