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Interest Rates

Dáil Éireann Debate, Tuesday - 14 June 2022

Tuesday, 14 June 2022

Questions (266)

Noel Grealish

Question:

266. Deputy Noel Grealish asked the Minister for Transport the amount of interest that his Department has been charged by financial institutions since negative interest rates were introduced, by year; and if he will make a statement on the matter. [29201/22]

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Written answers

Departments have a key role to play in assisting the cashflow of businesses by ensuring that payments are made in a timely fashion.

This is a responsibility that my Department takes very seriously. I am pleased to advise the Deputy that my Department has not incurred any bank interest charges, late interest payments or penalty payments since negative interest rates were introduced.

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