Banking Sector Staff

Dáil Éireann Debate, Tuesday - 12 February 2013

Tuesday, 12 February 2013

Questions (215)

Pearse Doherty

Question:

215. Deputy Pearse Doherty asked the Minister for Finance further to the statement by Permanent TSB, confirming that it was selling two operating units to management for nominal consideration, if he will confirm the number of staff employed at both units and the number of staff being transferred to the buyer of the units; if he will confirm if any redundancies have resulted from the transaction; and, if so, the number and cost of such redundancies. [6633/13]

Written answers

Minister for Finance

As I previously stated in response to PQ 53111/12 Permanent TSB has advised me that there are 82 employees employed at the two operating units and that all of the staff are being transferred to First Citizen Finance Limited. Therefore no redundancies have resulted from the transaction.