[an error occurred while processing this directive]
[an error occurred while processing this directive]
On-Air Now
Listen Live
Facebook

Bank of Ireland's withdrawal doesn't mark end of line for Irish banks

Wed, 14 Aug 2013


The Treasury Minister insists financial services are still the bedrock of the Manx economy despite the Bank of Ireland pulling out of the Isle of Man.

Yesterday the company announced it will close its Douglas branch over the next 12 months, affecting 25 staff.

Last year the closure of AIB also resulted in dozens of Manx workers losing their jobs.

However Eddie Teare says this isn't necessarily the end of line for Irish banks on the Island.

He says it's important government considers all options:

(AUDIO BELOW)


Media

  • Eddie Teare

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed