Dáil Éireann Debate, Tuesday - 14 June 2022
1172. Deputy Noel Grealish asked the Minister for Children, Equality, Disability, Integration and Youth 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. [29197/22]
Amharc ar fhreagraI wish to provide the following information to the Deputy regarding the interest charged for savings or other funds on deposit in Irish banks since negative interest rates were introduced.
|
Bank Account |
2017 |
2018 |
2019 |
2020 |
2021 |
Sum of Q1 2022 |
Total |
|
DCYA Current A/c - Bank of Ireland |
€4,462.93 |
€7,000.78 |
€24.20 |
€0.00 |
€0.00 |
€0.00 |
€11,487.91 |
|
DCYA Receipts A/c - Bank of Ireland |
€109.28 |
€175.06 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€284.34 |
|
DCYA Petty Cash A/c - Bank pf Ireland |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
|
MBH Commission Bank A/c - Bank of Ireland |
€26.31 |
€16.34 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€42.65 |
|
DCEDIY Current A/c - Danske Bank |
N/A |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
|
DCEDIY Lodgement A/c - Danske Bank |
N/A |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
|
DCEDIY PMG A/c - Danske Bank |
N/A |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
€0.00 |
|
DCEDIY Petty Cash A/c - Danske Bank |
N/A |
€0.00 |
€0.00 |
€0.69 |
€2.69 |
€0.67 |
€4.05 |
|
MBH Commission Bank A/c - Danske Bank |
N/A |
€0.00 |
€6.72 |
€10.08 |
€5.59 |
€0.00 |
€22.39 |
|
€4,598.52 |
€7,192.18 |
€30.92 |
€10.77 |
€8.28 |
€0.67 |
€11,841.34 |
My Department moved from Bank of Ireland to Danske Bank in August 2018. Three of the bank accounts with Danske Bank are not subject to Negative Credit Interest as shown above. The Bank account for the Commission of Investigation into the Mother and Baby Homes was closed on the 16th July 2021.
