Pearse Doherty (Donegal, Sinn Fein)
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905. To ask the Minister for Rural and Community Development the cost to his Department of negative interest rates on deposits held; the details of same for agencies under his aegis; and if he will make a statement on the matter. [11743/18]

Michael Ring (Mayo, Fine Gael)
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As the Department is still in developmental stage, it does not hold any funds in commercial bank accounts and is not impacted by negative interest rates on deposit . In relation to agencies, I will follow up with the Deputy in relation to the treasury management functions adopted in agencies under the aegis of my Department.