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Financial Services Sector

Dáil Éireann Debate, Tuesday - 24 June 2014

Tuesday, 24 June 2014

Questions (149)

Pearse Doherty

Question:

149. Deputy Pearse Doherty asked the Minister for Finance if he will provide in tabular form for each of Bank of Ireland, Allied Irish Banks, Permanent TSB, National Treasury Management Agency and the National Asset Management Agency, the number of employees currently on a total remuneration package between €100,000 to €200,000; €200,001 and €300,000; €300,001 and €400,000; €400,001 and €500,000 and in excess of €500,000 based on the latest figures from the banks as opposed to the Mercer report. [26993/14]

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Written answers

Following my request, the State owned banks have recently put this information on their websites. It can be found at the following addresses:

AIB:

http://www.aib.ie/servlet/BlobServer/document.pdf?blobkey=id&blobwhere=1391512598815&blobcol=urlfile&blobtable=AIB_Download&blobheader=application/pdf&blobheadername1=Content-Disposition&blobheadervalue1=document.pdf

ptsb:

http://www.permanenttsbgroup.ie/~/media/Files/I/Irish-Life-And-Permanent/Attachments/pdf/2014/salary-remuneration-data-as-at-311213.pdf

 For your convenience the details are as follows:

Total Remuneration at 31 December 2013

AIB

ptsb

€100,000 - €200,000

942

148

€200,001 - €300,000

73

14

€300,001 - €400,000

11

4

Greater than €400,001

7

3

  In relation to Bank of Ireland I have been informed that the publicly available information in relation to remuneration is contained within the Bank of Ireland annual report for the year ended 31 December 2013.

http://www.bankofireland.com/fs/doc/wysiwyg/bank-of-ireland-annual-report-for-the-year-ended-31-december-2013.pdf

Remuneration of NTMA employees (including taxable benefits) as at end December 2013 is set out below. All NAMA staff are employees of the NTMA and under Section 42 of the National Asset Management Agency Act 2009, the NTMA assigns staff to NAMA. NAMA reimburses the NTMA the costs of staff assigned to NAMA.

NTMA Remuneration as at 31 December 2013 (post FEMPI reductions)

NTMA (ex NAMA)

NAMA

Total

Up to €100,000

258

223

481

€100,001 to €200,000

57

105

162

€200,001 to €300,000

8

2

10

€300,001 to €400,000

1

2

3

€400,001 to €450,000

1

0

1

Total

325

332

657

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