Dáil Éireann - Volume 435 - 16 November, 1993

Written Answers. - Staff Submission.

133. Mr. Gilmore asked the Minister for Finance if he has studied the submission which has been made by the union representing the staff of ACC Bank in which they argue in favour of joint venture rather than merger with the ICC Bank; the consideration he has given to the submission; and if he will make a statement on the matter.

Minister for Finance (Mr. B. Ahern): I have met with representatives of staff interests in ICC Bank and in ACC Bank, [1571] and have taken note of their approaches to this issue.

I have also studied the submission entitled “The Role of ACC Bank in the Third Banking Force” received from the ATGWU, on behalf of the staff of ACC Bank. This is a constructive document which I will bear in mind when the time comes for the Government to take decisions in this connection. As I mentioned in my reply of 12 October I have received written submissions from a number of interested parties.