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Banking Sector Staff Issues

Dáil Éireann Debate, Tuesday - 6 November 2012

Tuesday, 6 November 2012

Questions (263, 264, 265)

Pearse Doherty

Question:

263. Deputy Pearse Doherty asked the Minister for Finance in respect of Allied Irish Bank and Educational Building Society, the number of employees and total remuneration including benefits for the six months ending 30 June 2012 for the 12 months ending 2011. [48612/12]

View answer

Pearse Doherty

Question:

264. Deputy Pearse Doherty asked the Minister for Finance in respect of Allied Irish Bank, the number of employees and total remuneration including benefits for the 12 months ending 2010 and 12 months ending 2011 and in the annual accounts for the previous two years. [48613/12]

View answer

Pearse Doherty

Question:

265. Deputy Pearse Doherty asked the Minister for Finance in respect of the Educational Building Society, the number of employees and total remuneration including benefits for the 12 months ending 2010 and the 12 months ending 2011 and in the annual accounts for the previous two years. [48614/12]

View answer

Written answers

I propose to take Questions Nos. 263 to 265, inclusive, together.

I am advised by Allied Irish Banks that the information requested by the Deputy is as follows:

AIB Group – Incl. EBS

Period

Staff Costs (€m)*

Average FTE **

6 months ended 30 June 2012

730

14,840

Year ended 31 December 2011

956

14,612

AIB Group- continuing operations (BZWBK has been excluded for all years).

Year

Staff Costs (€m)*

Average FTE**

Year ended 2011

935

14,282

Year ended 2010

921

14,255

Year ended 2009

909

15,085

Year ended 2008

1,161

16,039

EBS Limited (Merged into AIB on 1/7/2011)

Year Staff Costs (€m)*Ave rage FTE**

Year

-

-

Year ended 2011

21

617

Year ended 2010

47

657

Year ended 2009

45

666

Year ended 2008

48

692

*Staff costs includes, but is not limited to the following:

- Wages & Salaries

- Share based payment schemes

- Social Security Costs

- Retirement Benefits

- Other personnel expenses (1)

- Termination benefits relate to expected cost of voluntary severance and early retirement as at 30 June 2012

** Full Time Equivalent

All figures are listed in the end of year Report and Accounts and the Interim Report for the 6 months ending June 2012, which are available on the institution’s website.

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