Written answers

Tuesday, 6 July 2021

Department of Foreign Affairs and Trade

Departmental Data

Photo of Noel GrealishNoel Grealish (Galway West, Independent)
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257. To ask the Minister for Foreign Affairs and Trade the amount of interest his Department has been charged for savings or other funds on deposit in Irish banks since negative interest rates were introduced by year; and if he will make a statement on the matter. [35934/21]

Photo of Simon CoveneySimon Coveney (Cork South Central, Fine Gael)
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The Department of Foreign Affairs comprises of two Votes; Vote 27 International Cooperation and Vote 28 Foreign Affairs.

Below is a breakdown of the amount of interest the Department, across both Votes, has been charged for funds on deposit in Irish banks since negative interest rates were first applied.

Year Totals
2017
4,235.42
2018
13,685.12
2019
7,426.12
2020
14,408.94
2021 (charged to date)
6,595.96
Totals
46,351.56

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