Results 19,001-19,020 of 26,148 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: Why would it be different?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: How much of the bank's funding would come from deposits at this point?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: That is against a background in which the ECB rate of funding is lower than the Bank of England rate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: At this stage, does Ulster Bank have any ECB funding?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: At what level?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: With regard to the €28 billion in loans, is Ulster Bank funding that with the €25 billion of deposits? Is it virtually funded in its entirety by deposits at this point?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: There is a higher percentage of deposits in the North?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Ulster Bank (13 Nov 2014)

Kieran O'Donnell: The cost of funds is about 1.5%. Could Mr. Brown give a breakdown between variable rate, tracker and fixed-rate mortgages?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: That was down to regulation and was not all necessarily due to competition.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Does PTSB have any ECB funding?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: When does PTSB expect to have that cleared?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Let us get back to the tracker issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Is that 95 customers out of a total of 56,000 or so? That seems relatively low.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: It is based on people selling and moving.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: I welcome Mr. Masding and his colleagues. When does Permanent TSB expect to be in profit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Has that to do with write-backs? Obviously Mr. Masding will have seen today that the Central Bank is nervous about the level of write-backs that some of the banks are going to deal with because of the increase in the value of property.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Did Mr. Masding say earlier that the Permanent TSB's net interest margin is 88 basis points?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: That is significantly lower than those of Bank of Ireland and the AIB.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Bank of Ireland told us its net interest margin was 208 basis points. AIB appears to have indicated that theirs is about 160 basis points. That equates to 2.08 % and 1.6%, respectively.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Permanent TSB (12 Nov 2014)

Kieran O'Donnell: Did Mr. Masding say Permanent TSB's was less than 1%, at 0.88%?