Results 14,681-14,700 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: What is the bank’s target to reduce this and its timeframe to achieve that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: Was it €17 billion or €19 billion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: I like to deal in real time.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: I can see the loan book is going down. However, the bank has provision of about 10% of its gross loan book. What target is it aiming to get this down to?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: So, the bank is looking to get it from €7 billion down to €3 billion. Has AIB any intention of purchasing any loan books? Has the board made a decision on selling any of them off?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: AIB will not be selling home loans.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: Was anything sold over the past year?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: When was the last time AIB sold on loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: I revert to the new scheme that is being introduced. On foot of yesterday’s Central Bank announcement, is there a need to alter the loan-to-income ratio of 3.5 times gross income?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: The bank is allowed up to 20% exceptions to the 3.5 times loan-to-income rule. What proportion of the bank's lending so far is an exception and what does the bank expect? Is Mr. Byrne saying there have been no exceptions?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: The bank is entitled to have 20% exceptions. I am asking how many exceptions the bank went with, why it went with those exceptions, what it has learned from going above the exceptions in terms of how it lends and whether there is a need for alteration.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: How many exceptions were there in 2016?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: I do not believe an organisation the size of AIB does not know this figure.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: When does Mr. Byrne anticipate AIB will be floated again?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)
Kieran O'Donnell: Does Mr. Byrne the sun is shining on AIB at the moment?
- Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)
Kieran O'Donnell: I welcome the Minister for Housing, Planning, Community and Local Government, Deputy Coveney.
- Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)
Kieran O'Donnell: Okay. As a brief overview, there are no amendments to sections 1 and 2. Amendment No. 1 is being discussed on its own. We will then discuss amendments Nos. 2 and 3, which are being taken together. I fully appreciate that Senators have received the groupings late. We must ensure that groupings are issued in good time in the future. Their points are duly noted. Is it agreed to proceed?...
- Seanad: Planning and Development (Housing) and Residential Tenancies Bill 2016: Committee Stage (23 Nov 2016)
Kieran O'Donnell: It is an interesting debate. I have two or three points to raise with the Minister. It is extremely important to ensure this Bill does not become an avenue for speculation. One of the features towards the end of the so-called Celtic tiger was where there were a lot of developers getting planning on sites and flipping them overnight. Many of the builders who came in and bought those sites...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)
Kieran O'Donnell: I am keen to deal with one specific issue that is coming up with many constituents. It relates to the area of legal proceedings. I am keen to clarify one point. Let us suppose Permanent TSB initiates legal proceedings against a home owner. Who pays the legal fees?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Permanent TSB (22 Nov 2016)
Kieran O'Donnell: Does the bank believe that is unfair or unreasonable?