Last edited: May 7, 2017 Sunday Times article here. - Multiple Irish banks (not all) now have surplus deposits. - Some surplus deposits are been parked with the CBI. - CBI charges -0.40% on deposits. - CBI earned €90m from charges on deposits in 2016. €48m from banks and €43m from the state. - €90m is an increase from €26m in 2015. This is obviously directly causing our low deposit rates. Many banks don't want more deposits, especially large corporate deposits, as the surplus deposits are now costing the banks significantly.