Minister for Jobs, Enterprise and Innovation, Richard Bruton, has admitted he cannot provide reassurance on the future job prospects of over 400 staff operating the UK loan book for Bank of America in Carrick-on-Shannon.
Local TD, Denis Naughten had sought assurances from the Minister on the future of over 400 staff working at Bank of America. He also queried the Minister on the prospective sale of the business
In response the Minister stated that the IDA is in regular contact with Bank of America management in Carrick-on-Shannon and Dublin and at corporate level to monitor developments and is also in contact with Apollo Global Management, but that he could not provide reassurance on the future job prospects of staff operating the UK loan book for Bank of America.
“I will be continuing to raise this important issue with Minister Bruton, until a suitable owner is found for the UK portfolio”, concluded Deputy Naughten.