Noel Grealish (Galway West, Independent)
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902. To ask the Taoiseach and Minister for Defence the amount of interest that his Department has been charged by financial institutions since negative interest rates were introduced by year; and if he will make a statement on the matter. [29204/22]

Simon Coveney (Cork South Central, Fine Gael)
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My Department operates a small number of bank accounts and, in accordance with public financial procedures, the amounts maintained in these accounts are kept to a minimum. Negative interest rates were first incurred by my Department in 2017, and the cost of negative interest charges incurred in respect of these accounts from 2017 to 2022 is outlined in the table below.

Negative interest charges for my Department have being falling since 2019 following the move to a centralised government banking service.

Department of Defence Negative Interest Payments 2017 to 2022:

Noel Grealish (Galway West, Independent)
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903. 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 negative interest by financial institutions since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board in 2021 in each of the preceding years in which such charges were applied; and if he will make a statement on the matter. [29222/22]

Simon 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 charges since negative interest rates were first introduced.