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Interest Rates

Dáil Éireann Debate, Tuesday - 14 June 2022

Tuesday, 14 June 2022

Ceisteanna (903)

Noel Grealish

Ceist:

903. Deputy Noel Grealish asked the Minister for Defence the State agencies, organisations or boards under the responsibility of his Department or that receive funding from his Department that have been charged negative interest by financial institutions since negative interest rates were introduced; the amount of interest that has been charged to each State agency, organisation or board in 2021 in each of the preceding years in which such charges were applied; and if he will make a statement on the matter. [29222/22]

Amharc ar fhreagra

Freagraí scríofa

There are two State Boards that come under the aegis of the Department of Defence, namely the Army Pensions Board and the Defence Forces Canteen Board. Neither of these boards have incurred any negative interest charges since negative interest rates were first introduced.

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