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Banking Sector Remuneration

Dáil Éireann Debate, Tuesday - 14 October 2014

Tuesday, 14 October 2014

Ceisteanna (58)

Derek Nolan

Ceist:

58. Deputy Derek Nolan asked the Minister for Finance if he will itemise bonuses and their amounts awarded to bank staff working in the nationalised banks for the year 2014; and if he will make a statement on the matter. [39037/14]

Amharc ar fhreagra

Freagraí scríofa

As the Deputy will be aware, this Government's policy with respect to banking remuneration has been in place since mid-2011. In summary, remuneration is capped at €500,000 (excluding normal pension entitlements) and the payment of bonuses is not permitted. As a result, there have been no bonuses paid to banking staff in the nationalised banks this year.

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