Dáil Éireann Debate, Tuesday - 17 April 2018
267. Deputy Pearse Doherty asked the Minister for Finance if he or his Department has analysed the costs and benefits of the move of a bank (details supplied) to new premises in Dublin city centre and Leopardstown; and if he will make a statement on the matter. [16204/18]
Amharc ar fhreagraAs the Deputy is aware, the relationship between the Minister for Finance and AIB is governed by a relationship framework agreement, which can be found on my Department's website. In accordance with the relationship framework, the Minister for Finance has no direct function in commercial decisions made by the bank and these decisions are the responsibility of the board and management of the institution.
AIB have provided the following information:
"AIB’s property strategy is centred around investing in modern collaborative workspaces for employees and buildings focused on purpose. The new building in Central Park will be the focus for new customer products, digital channels and customer innovation from summer 2018. And by mid 2019, Molesworth Street in Dublin City Centre will become the Bank’s new Corporate Office and also the centre for Corporate & Private Banking. As part of this strategy the bank undertakes an ongoing review of future property needs."
