Written answers

Thursday, 23 April 2015

Department of Finance

Banking Sector Staff

Photo of Michael McGrathMichael 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]

Photo of Michael McGrathMichael 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]

Photo of Michael McGrathMichael 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]

Photo of Michael NoonanMichael 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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