Written answers
Thursday, 15 December 2022
Department of Finance
Banking Sector
Michael Lowry (Tipperary, Independent)
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202. To ask the Minister for Finance the dates of the board meetings of a bank (details supplied) that the independent non-executive director to the bank attended in 2021 and 2022 on his behalf; if the person submitted written updates to him on the themes covered during the board meetings; if the bank has discussed the possibility of making any of its branches cashless in 2023, in tabular form; and if he will make a statement on the matter. [62836/22]
Paschal Donohoe (Dublin Central, Fine Gael)
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I am advised by AIB that throughout the course of 2021 and 2022 Mr Raj Singh attended Board meetings on the following dates:
Year | Date |
---|---|
2021 | 28th January 2021 |
8th February 2021 | |
17th February 2021 | |
25th February 2021 | |
4th March 2021 | |
25th March 2021 | |
29th March 2021 | |
5th May 2021 | |
27th May 2021 | |
10th June 2021 | |
24th June 2021 | |
22nd July 2021 | |
30th July 2021 | |
26th August 2021 | |
23rd September 2021 | |
21st October 2021 | |
11th November 2021 | |
16th December 2021 | |
2022 | 27th January 2022 |
24th February 2022 | |
2nd March 2022 | |
11th March 2022 | |
31st March 2022 | |
27th April 2022 | |
4th May 2022 | |
26th May 2022 | |
13th June 2022 | |
23rd June 2022 | |
28th July 2022 | |
29th September 2022 | |
27th October 2022 | |
17th November 2022 |
While Mr Raj Singh does not submit written updates on the AIB board meetings to me, I can confirm that Department of Finance officials meet with him at various points throughout the year. I would also point out that Department of Finance officials have access to all AIB board papers.
In relation to the possibility of AIB making any of its branches cashless in 2023, I received the below response from the Bank on this matter:
"Recognising the customer and public unease that the decision to remove cash from branches has caused, AIB announced earlier this year that it had withdrawn the proposed changes to its bank services. Additionally, on 14th September 2021 AIB Chief Executive Officer Colin Hunt, while attending the Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach noted regarding the plan: "It is off the agenda. It is not off the agenda for this month or this quarter of the year; it is off the agenda in perpetuity.’"
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