Michael McGrath (Cork South Central, Fianna Fail)
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126. To ask the Minister for Finance his plans to inform the Houses of the Oireachtas of the way in which he will vote on the proposed deferred share bonus scheme in a bank (details supplied); and if he will make a statement on the matter. [17260/18]

Paschal Donohoe (Dublin Central, Fine Gael)
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As the Deputy is aware AIB’s annual general meeting is due to take place next Wednesday, 25th April. The bank has put forward a non-binding resolution which puts a formal executive share scheme before shareholders for their consideration. I announced today that it is my intention to carry out a review of  banking remuneration policy but as I am not announcing any change in policy at this juncture I therefore intend to vote against this resolution.