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Gareth Chaney/Photocall Ireland

MBNA to shed 100 jobs in Leitrim

Bank of America has announced that it is seeking 100 redundancies at its credit card facility in Carrick-on-Shannon.

BANK OF AMERICA is seeking 100 redundancies its in Carrick-on-Shannon credit card facility, it has been confirmed.

The group announced a total of 250 job losses across its European card business.

Bank of America/MBNA is seeking a buyer for the site, following the announcement in August by the company that it is to cease its credit card business in Ireland and the UK, RTÉ reports. If a buyer is not found, it is likely that all jobs will go at the site.

Leitrim Fianna Fáil Senator Paschal Mooney has said the past few months had been “a nightmare” for the 750 staff at the credit card facility – and said that staff needed answers about what efforts are being made to secure a buyer in the immediate future.

Read: Hundreds of Irish jobs at risk, as US bank plans to cut card business>

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