Dáil Éireann Debate, Tuesday - 24 January 2017
140. Deputy Pearse Doherty asked the Minister for Finance if he will report on recent meetings he held with a bank (details supplied) regarding remuneration at that bank or any other meetings with other banks at which this issue was discussed; and if he will make a statement on the matter. [2643/17]
View answer141. Deputy Pearse Doherty asked the Minister for Finance his views on the maintenance of a salary cap at the State-backed banks; and if he will make a statement on the matter. [2644/17]
View answerI propose to take Questions Nos. 140 and 141 together.
I can confirm that as part of ongoing engagement with the banks in which the State has a shareholding, I met the chairman of the bank referred to by the Deputy. At that meeting, a broad range of topics was discussed one of which was the current remuneration restrictions which apply to the banks which the State had to rescue and the potential impact of these restrictions on recruitment and retention. I should highlight for the Deputy that there are no plans to deviate from current Government policy.
I can also confirm that I recently met senior representatives of the other banks in which the State has a shareholding as part of the same round of meetings at which again a broad range of topics was discussed. Remuneration was not on the agenda for these meetings.
