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Interest Rates

Dáil Éireann Debate, Tuesday - 14 June 2022

Tuesday, 14 June 2022

Ceisteanna (599)

Noel Grealish

Ceist:

599. Deputy Noel Grealish asked the Minister for Foreign Affairs 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. [29203/22]

Amharc ar fhreagra

Freagraí scríofa

The Department of Foreign Affairs comprises of two Votes; Vote 27 International Cooperation and Vote 28 Foreign Affairs.

Below is a breakdown of the amount of interest the Department, across both Votes, has been charged for funds on deposit in Irish banks since negative interest rates were first applied.

Year

Totals

2017

4,235

2018

13,685

2019

7,426

2020

14,408

2021

18,118

2022 (to end May)

15,355

Barr
Roinn