Terence Flanagan (Dublin North East, Independent)
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79. To ask the Minister for Finance if AIB and Bank of Ireland are authorised to give bonus payments to directors in the form of share options; and if he will make a statement on the matter. [10274/14]

Michael Noonan (Limerick City, Fine Gael)
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As the Deputy will be aware this Government's policy with respect to banking remuneration has been in place since mid-2011. In summary, remuneration in State supported banks is capped at €500,000 (excluding normal pension entitlements) and the payment of bonuses in any form is not permitted. I can also confirm for the Deputy that no policy changes are planned in the area of banking remuneration.