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MBNA Leaving Ireland
 
# 1 : Tuesday 16-8-2011 @ 07:25
 
 
MBNA look set to leave Ireland. Over 700 jobs in Leitrim may be in doubt.

Bank of America who own MBNA are looking to sell it because they need money to boost their capital reserves which need a lot of boosting.
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# 2 : Tuesday 16-8-2011 @ 07:44
 
 
Some scumsucker will buy it and by that I mean asset management agency.
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# 3 : Tuesday 16-8-2011 @ 08:13
 
 
Seems weird to me. They've spent years building a trusted brand and now they run it in to the ground overnight?

It's a bad thing for Carrick on Shannon. MBNA / Bank of America is the biggest employer for miles.
ReplyWebsite
 
# 4 : Tuesday 16-8-2011 @ 08:23
 
 
Someone said :
Seems weird to me. They've spent years building a trusted brand and now they run it in to the ground overnight?

It's a bad thing for Carrick on Shannon. MBNA / Bank of America is the biggest employer for miles.

It's a disaster for Leitrim if it happens.

http://www.rte.ie/news/2011/0816/mbna.html
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# 5 : Tuesday 16-8-2011 @ 09:30
 
 
they are a bunch of robbing merchants changing their terms and conditions on people who are already struggling to pay back their debt hopefully some other bank will take up the business and treat people fairer.
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# 6 : Tuesday 16-8-2011 @ 09:33
 
 
Someone said :
they are a bunch of robbing merchants changing their terms and conditions on people who are already struggling to pay back their debt hopefully some other bank will take up the business and treat people fairer.

A bank treating customers fairly , i'll have what you are smoking?
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# 7 : Tuesday 16-8-2011 @ 09:41
 
 
Someone said :

A bank treating customers fairly , i'll have what you are smoking?

oh sorry how bad of me i meant the credit union i wouldnt mind but it is making them money so dont see why it wont be snapped up! Hopefully it will be along with its uk operations.
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# 8 : Tuesday 16-8-2011 @ 19:08
 
 
Someone said :
they are a bunch of robbing merchants changing their terms and conditions on people who are already struggling to pay back their debt hopefully some other bank will take up the business and treat people fairer.

I'm on zero interest with them.
Only I'll probably never be able to get a credit card again with anyone. Not that I'd want one again.
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# 9 : Tuesday 16-8-2011 @ 19:24
 
 
No? Do you not plan on paying them back?
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# 10 : Tuesday 16-8-2011 @ 19:53
 
 
Someone said :
No? Do you not plan on paying them back?

I am paying them back, but with no more interest and very slowly.
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# 11 : Tuesday 16-8-2011 @ 19:59
 
 
Ah right. You must have been able to work out a deal with them.
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# 12 : Tuesday 16-8-2011 @ 22:51
 
 
There are also 3500 jobs at risk should they get rid of their European HQ in Chester
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# 13 : Tuesday 16-8-2011 @ 22:54
 
 
when I pay back my credit cards I wont ever get one again!
wont need one I'l be 235 years old
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# 14 : Tuesday 16-8-2011 @ 23:48
 
 
Someone said :
when I pay back my credit cards I wont ever get one again!
wont need one I'l be 235 years old

I love it !
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# 15 : Tuesday 16-8-2011 @ 23:58
 
 
This could be fairly bad for Carrick and leitrim if it goes ahead, but it really does show a problem with the development model rather than MBNA. The kind of model that places large single player developments in vulnerable areas needs to be looked at. Would it have been better to encourage 20 small companies instead of one large one? Is the model of development chosen because it allows politicians to boast about bringing jobs to leitrim rather than alternative and more sustainable and reslient methods being chosen.
I really think that the model in future should avoid the flagship factory/offices in small towns that grow to depend too much on one employer, particularly when that employer has no reason to feel any loyalty beyond the tax breaks for their location. Smaller, more varied industries and services need to be supported, with a slight mix of larger industries located where it makes economic rather than political sense.
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