Contract currently held by Isle of Man Bank
Treasury will review its banking business and which bank carries it out.
That’s according to Minister Alfred Cannan who told Tynwald government is considering tendering the contract by 2023.
It’s currently held by the Isle of Man Bank but Mr Cannan refused to say how much it was worth.
However he said options were open:
Tim Crookall MHK back in COMIN
He's the new DOI Minister
Michelle Haywood MHK steps down as DOI minister
Alfred Cannan has thanked her for her contribution over the last 15 months
Chris Thomas appointed Treasury Minister
Alex Allinson stepped down following a cabinet reshuffle this morning
Alex Allinson steps down
Alfred Cannan has thanked Dr Allinson for his input
Alfred Cannan commences cabinet reshuffle
More details to follow