Results 2,461-2,480 of 9,823 for speaker:Thomas Byrne
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: I would hope there would not be conversations between the banks, but the other side of competition law is the dominant position AIB has achieved in the mortgage market. Is the lack of competition in the market and the fact that AIB is getting bigger all the time in terms of drawdowns impacting on AIB's ability to charge a higher standard variable rate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: Does Mr. Duffy have any idea of the number of repossessions he will be expecting next year now that the Government has allowed them again and the Dunne judgment has been reversed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: Regarding the 5,000 people who got these letters as part of their sustainable solutions, what is so different about these letters than previous correspondence that Mr. Duffy says the bank sent out that has now encouraged a proportion of them to respond to it at this stage? Have they been getting letters all along or have they not been getting any letters?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: That is the court issue, yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: AIB could step in to help the borrowers Mr. Duffy says are helping, and it is hoped there will be a solution next week. I will be delighted to hear it if it happens, but Mr. Duffy is saying the court action had nothing to do with it and AIB simply stepped in because it was in its interest.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: The issue, therefore, is more than just the amount of money owing and the method of repayment. It is about a home.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: It is about people's homes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: Will Mr. Duffy be telling AIB's borrowers in Priory Hall that it will give them a home?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: I welcome what the Chairman is saying.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: I am not criticising what Mr. Duffy is saying but I certainly welcome what he is saying in regard to Priory Hall anyway.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: Can I follow up briefly on what Deputy Higgins said? I am aware of some other buildings where this is either happening or about to happen, particularly with the pyrite issue. Is the bank aware of this or is it doing anything about it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: I am aware of one.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Thomas Byrne: It is not there yet but it is getting there.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: There has been a lot of fluff here this morning on all sides. We are here to talk about the arrears and the targets the Government set when the Minister for Finance announced this strategy on 13 March. Clearly, the strategy has failed. It is arguable that Bank of Ireland, in the little it has done, has gone beyond what the Government set out for it. It is time we, as the Legislature, took...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: If they were not on trackers, why did everyone but Bank of Ireland consider them to be on trackers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: Were these borrowers not on trackers for almost a decade effectively?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: Mr. Boucher has not yet assured me that this will not happen in Ireland or that there is not similar small print in Irish tracker mortgages of which Bank of Ireland could avail.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: Can Mr. Boucher give me an assurance that there are no plans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Thomas Byrne: Are all the contractual arrangements for people with tracker mortgages sufficiently strong to keep those trackers in place as far as Bank of Ireland is concerned?