In relation to my Department the following expenditure has been made on the headings identified by the Deputy from 1 January 2017 to date:
Year
|
Month
|
Company
|
Detail
|
Amount
|
2017
|
January
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€54,202.41
|
2017
|
February
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€112,569.49
|
2017
|
February
|
Independent Newspapers Marketing Ltd
|
Information notice re: Beneficial Ownership
|
€1,110.69
|
2017
|
February
|
Irish Times Ltd.
|
Information notice re: Beneficial Ownership
|
€921.89
|
2017
|
March
|
Irish Examiner
|
Information notice re: Beneficial Ownership
|
€375.15
|
2017
|
March
|
Sunday Business Post (Media Vest)
|
Advertorial following the Department’s win in the IITD awards
|
€2,870.54
|
2017
|
March
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€249,098.75
|
2017
|
April
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€106,695.37
|
2017
|
May
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€104,985.33
|
2017
|
June
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€36,484.24
|
2017
|
August
|
Fiona Kearns
|
Graphic design services to design a poster and leaflet for a 2016 public awareness campaign paid in 2017
|
€480.00
|
2017
|
October
|
Reads
|
Promotional material for public awareness building of SME online tool
|
€399.75
|
2017
|
October
|
Sooner Than later
|
Promotional material for public awareness building of SME online tool
|
€384.99
|
2017
|
November
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€3,690.00
|
2017
|
December
|
Fluid Branding
|
Promotional material for public awareness building of SME online tool
|
€1,824.50
|
2017
|
December
|
Opus Print & Promotions
|
Promotional material for public awareness building of SME online tool
|
€3,751.50
|
2017
|
December
|
Card Logic
|
Promotional material for public awareness building of SME online tool
|
€1,008.60
|
2017
|
December
|
Reads
|
Promotional material for public awareness building of SME online tool
|
€781.05
|
2017
|
December
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€51,045.00
|
2018
|
January
|
Fluid Branding
|
Promotional material for public awareness building of SME online tool
|
€3,860.90
|
2018
|
January
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€177,427.50
|
2018
|
February
|
Languages Communication Ltd.
|
Switch Your Bank campaign
|
€153,442.50
|
The costs paid to Language Communications relate to a Public awareness campaign to promote customer switching.
The Switch Your Bank campaign is funded, in its entirety, by AIB and Permanent TSB, as part of a range of competition measures agreed with the European Commission to raise awareness and promote customer switching of financial products.
- The Department of Finance facilitates this campaign as part of its remit to ensure that consumers are protected within the financial sector in Ireland and to ensure a healthy level of competition.
- The contract with Language Communications permitted them to appoint subcontractors for provision of services.
- Sub Total for 2017 Phase One (January 2017 – June 2017) €644,035.59
- Sub Total for 2017/18 Phase Two (November 2017 – to date 2018) €385,605
- Phase one of the Public Awareness Campaign cost €738,000 in total. A portion of the expenditure was paid during 2016.
- Phase two of the Public Awareness Campaign will cost €405,900 in total.