Oireachtas Joint and Select Committees

Wednesday, 30 June 2021

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

General Banking Matters: AIB

Photo of Mairead FarrellMairead Farrell (Galway West, Sinn Fein) | Oireachtas source

My final question is about the announcement of the closure of another head office building in Dublin over the past few months. It was stated that the bank would be more reliant on the use of home working into the future. I have worked in banks myself and the different banks I worked in are now seeing the same shift. Obviously there will be massive savings for the bank around property costs and the shifting of those costs onto the employees who must pay all of the costs associated with home working. We are aware that the unions are seeking for the bank to share the cost savings with employees. Has AIB any plans to share the savings from the closure of its head office location with its employees who are effectively making the cost saving for the bank?

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