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Departmental Data

Dáil Éireann Debate, Tuesday - 6 July 2021

Tuesday, 6 July 2021

Questions (257)

Noel Grealish

Question:

257. Deputy Noel Grealish asked the Minister for Foreign Affairs the amount of interest his Department has been charged for savings or other funds on deposit in Irish banks since negative interest rates were introduced by year; and if he will make a statement on the matter. [35934/21]

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Written answers

The Department of Foreign Affairs comprises of two Votes; Vote 27 International Cooperation and Vote 28 Foreign Affairs.

Below is a breakdown of the amount of interest the Department, across both Votes, has been charged for funds on deposit in Irish banks since negative interest rates were first applied.

Year

Totals

2017

4,235.42

2018

13,685.12

2019

7,426.12

2020

14,408.94

2021 (charged to date)

6,595.96

Totals

46,351.56

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