Dáil Éireann Debate, Tuesday - 20 November 2012
188. Deputy Pearse Doherty asked the Minister for Finance the number of staff at each of the covered banking institutions who have received bonuses of between €100,000 and €200,000, between €200,000 and €300,000 and €300,000 and €400,000 and the number with more than €500,000 since the introduction of the excess bank remuneration charge and the total revenue raised each from this charge since its introduction. [51069/12]
View answerThe institutions referred to in your question have supplied me with the following information in relation to bonuses paid to staff since the introduction of the excess bank remuneration charge:
|
- |
AIB |
BOI |
PTSB |
IBRC |
|
Number of staff who have received bonuses between €100,000-€200,000 since introduction of excess bank remuneration charge |
0 |
n/a |
0 |
0 |
|
Number of staff who have received bonuses between €200,000-€300,000 since introduction of excess bank remuneration charge |
0 |
n/a |
0 |
0 |
|
Number of staff who have received bonuses between €300,000-€400,000 since introduction of excess bank remuneration charge |
0 |
n/a |
0 |
0 |
|
Number of staff who have received bonuses over €500,000 since introduction of excess bank remuneration charge |
0 |
n/a |
0 |
0 |
I am advised by the covered institutions who have disclosed information above that the total amount raised from the excess bank remuneration charge in respect of bonuses is zero.
Note: Bank of Ireland is unable to supply the details in the timeframe. However, it is the Minister’s understanding that they are in compliance with agreements with the State which prohibit bonuses save in exceptional circumstances such as meeting obligations on foot of a court order or pre-existing contractual commitments.
