Michael McGrath (Cork South Central, Fianna Fail)
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63. To ask the Minister for Finance if AIB has requested a review of the salary cap that applies to the State supported banks; and if he will make a statement on the matter. [3191/15]

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 is capped at €500,000 (excluding normal pension entitlements) and variable rate pay such as bonuses are not permitted. AIB has not requested a review of the salary cap or bonus restrictions.