Dáil Éireann Debate, Wednesday - 13 March 2013
56. Deputy Gerald Nash asked the Minister for Finance if his Department has been consulted in relation to plans announced by Allied Irish Bank to outsource IT positions to an Indian company (details supplied); if his Department has signed off on such an agreement with the bank; and if he will make a statement on the matter. [13299/13]
Amharc ar fhreagraI have been informed by AIB that the bank is seeking to deliver a better technology offering for customers as it attempts to return to profitability over time. The decision to partner with a company (details supplied) has been taken as part of the overall strategy of introducing new productivity tools on the most commercial terms. The Department of Finance were informed of AIB’s decision to partner with the company referred to on 27 February 2013. Under the terms of the Relationship Framework in respect of the relationship between the Minister for Finance and AIB, this would be considered a commercial matter and therefore not require prior ministerial approval.
