Written answers
Thursday, 23 April 2015
Department of Finance
Banking Sector Staff
Michael McGrath (Cork South Central, Fianna Fail)
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76. To ask the Minister for Finance the number of staff employed by Allied Irish Banks at the end of 2014, and at the end of 2012. [16135/15]
Michael McGrath (Cork South Central, Fianna Fail)
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77. To ask the Minister for Finance the number of staff employed by Bank of Ireland at the end of 2014, and at the end of 2012. [16136/15]
Michael McGrath (Cork South Central, Fianna Fail)
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78. To ask the Minister for Finance the number of staff employed by Permanent TSB at the end of 2014, and at the end of 2012. [16137/15]
Michael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 76 to 78, inclusive, together.
The number of staff employed by the banks at 31 December 2014 and 31 December 2012, on a full-time equivalent basis, were:
Bank | 31 December 2014 | 31 December 2012 | Source |
---|---|---|---|
Allied Irish Banks | 11,047 | 13,429 | Bank annual reports |
Bank of Ireland | 11,086 | 13,091 | Bank annual reports |
Permanent tsb | 2,321 | 2,110 | 2014bank annual report; 2012management confirmation |
In relation to the increase at Permanent TSB, management has confirmed that this arose following downsizing at the bank in 2012 to facilitate the building of a new Target Operating Model. As part of rebuilding the bank's capability, new roles were created and filled in 2013 and 2014. This included creation of the Asset Management Unit, a move into SME lending and an expansion of existing areas such as Product Management.
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