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Banking Sector Staff Issues

Dáil Éireann Debate, Tuesday - 10 December 2013

Tuesday, 10 December 2013

Questions (163)

Michael McGrath

Question:

163. Deputy Michael McGrath asked the Minister for Finance if AIB has any plans to outsource certain jobs from Ireland over the next number of years as part of Project Orion; if he will provide details of this project including the cost, the number of jobs involved and the functions that may be transferred; and if he will make a statement on the matter. [53063/13]

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Written answers

As the Deputy will be aware under the Relationship Framework the State does not intervene in the day to day operations of the bank or their management decisions regarding commercial decisions. I have been informed that AIB has previously indicated that as part of its restructuring plan to reduce costs and increase efficiencies, outsourcing of certain functions would be considered in consultation with the IBOA and affected staff.

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