Denis Naughten (Roscommon-South Leitrim, Independent) | Oireachtas source

I thank the Minister for the communication he has had with the two companies involved. Is the apparent slowdown in selling the UK loan book because of a change in policy or focus in Bank of America regarding the disposal of its international credit card business, or is it for some other reason? The Minister will acknowledge that MBNA in Carrick-on-Shannon is a major regional employer which employed up to 1,000 people at one stage. Coming up to Christmas it is a very anxious time for people. Any reassurance the Minister can give or any additional efforts that are being made by IDA Ireland - if not to progress this particular initiative then to look at alternative sources of employment for Carrick-on-Shannon - would be very welcome coming up to Christmas.

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