Results 13,761-13,780 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: Can Mr. Bergmann give a rough indication or an average cost?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: What interest margin would the bank in Ireland have to charge on top for it to be viable?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: I will put it in context. Mr. Bergmann probably saw the earlier session of the committee. Under our Chairman this committee currently has a review going on in the Central Bank around tracker mortgages across virtually all the banking institutions in Ireland. Central Bank representatives will appear before this committee next week. The matter concerns the rates that customers were put onto...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: I do not wish to put Mr. Bergmann on the spot, but as an objective observer does he believe that mortgages for home loans in Ireland at the moment are overpriced?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: If the Sparkassen model was allowed by the Central Bank to set up an institution in an area with a critical mass of population, for example in the mid-west where I come from and where Deputy Kelly comes from----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: -----with the capital being Limerick, we would have that critical mass of population. Obviously, if it was located in the capital of that mid-west region in Limerick-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: Our region would fit that model. We have a thriving industrial base but we have a small to medium enterprise sector, SME, that cannot get access to finance and home mortgages. At what rate does Mr. Bergmann believe the institution could charge for home loans and SME loans and still be viable?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: The Sparkassen ten-year fixed rate for home loans is approximately 1.1% at present. What is the rate for a typical SME loan for someone looking to get a working capital or stocking loan of €40,000 or looking to build a plant for €120,000? Typically, a working loan might be a one-year stocking loan or an overdraft facility over a year. Typically here, a building capital loan...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)
Kieran O'Donnell: What about a current account stocking loan? It is 3% for a capital loan for a building. What would someone in the farming sector seeking an overdraft facility be charged?
- Seanad: Commencement Matters: Flood Risk Management (11 Oct 2017)
Kieran O'Donnell: I thank the Minister of State, Deputy Kevin Boxer Moran, for facilitating this debate, which is very important in the context of Limerick. I refer to the catchment flood risk assessment and management, CFRAM study which, in layman's terms, produces flood risk management plans for specific areas in Ireland. In 2009, and more recently, there was severe flooding in the same locations. I refer...
- Seanad: Commencement Matters: Flood Risk Management (11 Oct 2017)
Kieran O'Donnell: I thank the Minister of State and look forward to him coming to visit Limerick. He is more than welcome. This is very important to us. There has been an extensive consultation process and in one location, Castleconnell village, there was a need for a second consultation because of risk of flooding. The OPW did the further consultation and I expect it will be rectified. People are worried...
- Seanad: Order of Business (11 Oct 2017)
Kieran O'Donnell: Welcome to the club.
- Seanad: Order of Business (11 Oct 2017)
Kieran O'Donnell: In yesterday's budget, the Minister for Finance, Deputy Paschal O'Donohoe, made reference to the new accident and emergency department at University Hospital Limerick, which is an outstanding facility but is only one part of the equation. The second part of the equation is the building of a 96 acute bed unit alongside the new accident and emergency department. I hope that when the new...
- Seanad: Order of Business (11 Oct 2017)
Kieran O'Donnell: With due respect-----
- Seanad: Order of Business (11 Oct 2017)
Kieran O'Donnell: -----I was calling for it long before 2009.
- Seanad: Order of Business (11 Oct 2017)
Kieran O'Donnell: I was calling for it long before 2009.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)
Kieran O'Donnell: My first question is a practical one. The normal bank requirement under the Central Bank rules is a minimum 10% of deposit for a home owner. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)
Kieran O'Donnell: There are exceptions. The bank is entitled to have exceptions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)
Kieran O'Donnell: Would the exceptions happen throughout the year or would they be made at the start of the year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Ulster Bank (5 Oct 2017)
Kieran O'Donnell: We are coming across many first-time buyers who are finding it very difficult to put the deposit together because, invariably, they are living in rental accommodation and paying anything from €800 to €1,200 per month in rent. I am framing the question in the context of the exceptions. Consider the case of someone who is renting consistently and meets the requirements beyond...