UK debt management agency to open Irish office

The UK debt management agency Step Change will launch its services in Ireland by April, the Irish Examiner has learned.

The agency has been in talks with the Central Bank, the Irish Banking Federation, and the domestic banks over the past few months and is now in advanced stages of making an entry in the Irish market.

“We are in discussions with the Irish banks about the potential for providing a service for indebted people in Ireland,” said a spokesperson for the company. “However, the discussions are very much ongoing, and therefore we are not yet in a position to discuss possible timings of any scheme that may go ahead.”