Results 21,761-21,780 of 26,157 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Kieran O'Donnell: With respect, Chairman, I think Mr. Mason will provide us with that information.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Kieran O'Donnell: Sorry.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Kieran O'Donnell: Will the witness recap the figures?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: I have a quick question to wrap up. Mr. Duffy spoke about the tracker and variable rate mortgages. I am glad to note AIB made €162 million of operating profit before provisions, etc. What percentage did the tracker mortgages contribute to that profit because AIB's deposit-to-loan ratio is not too far off 100%? How is AIB able to fund the tracker mortgages to make a profit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: Effectively, it is a weighted cost, including ECB funding, that is bringing it down. Returning to Mr. Duffy's point, am I correct in saying that under the insolvency procedure, when it is secured debt, a personal insolvency practitioner is appointed and 65% of the creditors must agree to the arrangement? With the unsecured debt, I thought there was some provision that 50% of the unsecured...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: It is a slightly different point.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: The only issue that will arise is with the credit unions. That is the point.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: On a final point, it has been reported in the media that where a person enters into a personal insolvency arrangement and the house is sold for a higher value than the arrangements in place, within a 20 year period the banks would look to regain some of the said proceeds of the house. What view is AIB taking on that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: The Chairman had better put his other hat on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: Could we get a copy? We were talking about figures. The delegation must have a printout of that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: We should be provided with it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: I have just a couple of points to make. I agree with Deputy McGrath, that we should have been provided with the figures in advance of the meeting. Most people at the meeting are discerning. AIB should have provided us with the figures. That is not good enough. No reference was made in the presentation to the fact that the taxpayer has given the bank €20 billion to date and it has...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Kieran O'Donnell: Could the witnesses just deal with those points, namely, the number of write-downs in respect of home loans, split between buy-to-let mortgages and other home loans and the value of the figure? Could they also outline the level of credit that has ultimately been withdrawn from the economy? Is the €14 billion new lending or restructured lending?

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: We need to look at the reality of what will happen when the 80,000 people who are on rent supplement are moved and differentiated. The good and normal people who are on that scheme will be moved on because it will be easy to accommodate them. The Department will be left with the cohort I am talking about. They will be left on the former rent supplement scheme unless the Department provides...

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: The local community welfare officers take it very seriously.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: Yes.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: Okay.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: Great.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: I have asked about the specifics of putting procedural controls in place at local level.

Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013)

Kieran O'Donnell: Okay. I appreciate that.