Results 22,121-22,140 of 23,109 for speaker:Paddy Burke

Seanad: Order of Business (10 Jul 2018)

Paddy Burke: I ask that we would, at some stage, have the Minister for Education and Skills to the House to discuss school buildings. There are many situations where an extension to a school is taking place and it might suit to have a larger classroom that the community is able to use after school hours. This would probably require a change of policy in regard to the type of classrooms or extensions to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: I welcome Mr. Verbraeken and his staff. Regarding the overdraft facilities the bank gives to its customers, including small and medium enterprises, SMEs, have many of those cases been referred to the credit review committee? I refer to people with SMEs who have applied for business loans.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: For an SME to qualify for a business loan, is the applicant required to complete the application online?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: The bank does not have a big presence or a big footprint throughout the country.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: For instance, in west Connacht, the bank has a presence in Galway. Has it any other facilities in the region other than in Galway city?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: That is the model that the bank has.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: A person who wants to apply for a loan would telephone the bank and-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: Or the bank's staff will go out and meet them in the whichever town they come from.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: The Central Bank recently raised the level of capital reserves required. Will that have an impact on the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: Will it have an impact on the amount of money the bank can lend? The bank will have to provide for a certain amount every year. Will some mortgage applicants not get one because of the extra pressures being put on by the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: A lot of work now is contract work, for five years or whatever. How does the bank view a person who has a contract for five years if they apply for a mortgage? They may be out of work in five years. Is that taken into account when the bank assesses a person's suitability for a mortgage?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: Has the bank considered the typical mortgage period? Is it between 20 and 30 years?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: Has the bank looked at 40 year or 50 year mortgages? Houses are getting so expensive that it should be a family's responsibility to pay back a loan rather than one person. At current prices, it should be a couple of generations which pay back a mortgage.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)

Paddy Burke: If a person is in his or her 40s, he or she will only get a 20 year mortgage.

Seanad: Public Service Superannuation (Age of Retirement) Bill 2018: Order for Second Stage (12 Jul 2018)

Paddy Burke: I move: "That Second Stage be taken now."

Seanad: Public Service Superannuation (Age of Retirement) Bill 2018: Second Stage (12 Jul 2018)

Paddy Burke: I welcome the Minister of State to the House. I very much welcome the Public Service (Age of Retirement) Bill 2018. It is great to see that the age of retirement is being increased up to 70 years of age. We know people are living longer and they want to work longer. Life expectancy has increased and people are living far healthier lives. They eat better and take more exercise. It is...

Seanad: Public Service Superannuation (Age of Retirement) Bill 2018: Second Stage (12 Jul 2018)

Paddy Burke: That was not the point I was making. I said if they were job-sharing they would be working for nothing.

Seanad: Public Service Superannuation (Age of Retirement) Bill 2018: Second Stage (12 Jul 2018)

Paddy Burke: Next Tuesday.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: World Development Report 2019: Discussion (25 Sep 2018)

Paddy Burke: I welcome the delegation. Everybody agrees that investment in human capital is the way forward. However, the Government has to measure its cloth and has to have a balance between infrastructure, whether it is roads, water, electricity, broadband and so on, and generate the capital before it makes these choices. It is not as easy as saying we must invest in human capital.