Results 21,821-21,840 of 23,109 for speaker:Paddy Burke

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: There is no grouping. Are they all separate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: They were all separate at that time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: There was no obligation at that time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: There is no grouping now either. Would that all be grouped together for the AIB group now?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: Mr. Byrne said that the deposits declined sharply from 2010 to 2012. That money had to go somewhere. Did the bank have to advise the clients that they should move the money to a different account?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Paradise Papers (Resumed): Allied Irish Banks (14 Dec 2017)

Paddy Burke: The sum of €2.8 billion is a sizeable amount of money.

Seanad: Order of Business (17 Jan 2018)

Paddy Burke: I congratulate the Leader of the House, Senator Buttimer, and Conchobhar and wish them well in their marriage. I wish also to be associated with the expressions of sympathy on the death of former Senator Maurice Hayes with whom I served in the House for ten years. He made some very valuable contributions in the House. I know the Leader will organise expressions of sympathy in the House at...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: I welcome the Governor and his staff. I compliment the Central Bank of Ireland on its work on this issue in recent months. I also compliment the committee and the Chairman because both have played a hugely important role in keeping this issue to the fore. The way ordinary members of the public have been treated by the banks during the years is disgraceful. I wish to continue on the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: If the ECB rate is at 0%, do all of the banks charge the same rate, or do they all charge different rates because the value of a property is different? There are many types of contract and it is very difficult for the Central Bank to evaluate every one.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: Did all of the banks meet their targets for 2017 in making good to their customers?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: As such, all of the banks met the targets for 2017?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: Professor Lane said the institutions also must repair damaged reputations, not only as a result of the original mishandling of tracker mortgages but also due to the partial and delayed engagement of some lenders with the requirements of the examination. The banks are proposing the setting up of a banking standards board. Is this just a move by them to make us all think the culture has changed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: What is being set up by the banks is described as a quango.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: Is the measure not just a window-dressing exercise on the part of the banks? The Central Bank welcomes it and thinks it is great. The Department of Finance also welcomes it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: When this debacle has been put to bed, will the Central Bank issue a report on how it has handled the issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: When does Professor Lane imagine the report will be completed and published? Will it, in fact, be published?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: I was thinking that the Governor would throw in the annual report but will the review he said the Central Bank would carry out look at issues like how many complaints were received by the Central Bank over the years relating to the tracker mortgage issue before it took any action? Will it look at issues like that in the report and publish it? Otherwise, we will not see the full value of a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Central Bank of Ireland (18 Jan 2018)

Paddy Burke: What I am asking, and this concerns the Competition and Consumer Protection Commission as well, is whether the Central Bank will produce a report where it will lay bare how it handled this issue, whether it could have acted better, whether it should have acted sooner and how many consumers had to contact the Central Bank before it took any action. Did the Central Bank take action on the...

Seanad: Order of Business (24 Jan 2018)

Paddy Burke: Will the Leader invite the Minister for Transport, Tourism and Sport to speak to the House about driverless cars, an issue I raised here on a previous occasion. This House is perfectly placed to debate this issue. Whether we like it or not, driverless cars are coming down the road at a very fast pace. It will require many changes in legislation. We will have to look at issues like traffic...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Bank of Ireland (30 Jan 2018)

Paddy Burke: I welcome Ms McDonagh and her senior staff here today. I wish her well in her new position. It is important that we have a strong banking sector in this country. I will follow on from what Senator Horkan said about banks having fewer staff but more machines. How long does it take to be granted a mortgage, on average? There are many obstacles as people now have short-term contracts and...