Written answers

Tuesday, 22 June 2021

Photo of Noel GrealishNoel Grealish (Galway West, Independent)
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344. To ask the Taoiseach and Minister for Defence the State agencies, organisations or boards under the responsibility of his Department or that receive funding from his Department that have been charged interest for savings on deposit in Irish banks since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board; and if he will make a statement on the matter. [33309/21]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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There are two State Boards that come under the aegis of the Department of Defence, namely, the Army Pensions Board and the Defence Forces Canteen Board. Neither of these boards have incurred any negative interest rate charges since negative interest rates were first introduced.

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