Dáil Éireann Debate, Tuesday - 20 March 2018
773. Deputy Pearse Doherty asked the Minister for Communications, Climate Action and Environment the cost to his Department of negative interest rates on deposits held; the details of same for agencies under his aegis; and if he will make a statement on the matter. [11732/18]
View answerThe total amount of negative interest paid by my Department in respect of deposits since the introduction of these charges in May 2017 is €3,757. This amount includes deposits held by my Department in respect of the Environment Fund.
Information in respect of bodies and agencies under the aegis of my Department is a day to day matter for those organisations and my Department does not have the information sought by the Deputy. I will, however, request the relevant agencies and bodies under the aegis of my Department to respond directly to the Deputy in the matter.
