Results 2,861-2,880 of 26,021 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: The question is whether the bank will deal with mortgage holders to ensure their mortgages are sustainable. The second question is important. It has not been asked previously. How much of the €3.5 billion target for lending to SMEs was new lending not restructured lending?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: No, just new lending. I am not interested in restructured lending.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: When AIB was before the committee yesterday it informed us that €600 million of the €3.5 billion was completely new lending, not restructured lending.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: I am asking Mr. Boucher a question.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: So €3.5 billion was completely new lending.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Is Mr. Boucher saying that none of it was restructured.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Mr. Boucher is saying that €3.5 billion is completely new lending.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Could Mr. Boucher tell me about the mortgage holders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Bank of Ireland engage in the restructuring-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: In the limited time-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Bank of Ireland engage in the restructuring of mortgages and will Mr. Boucher take a reduction in salary and will-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: These are important questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: What about the question on mortgage holders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Mr. Boucher take a reduction in his salary?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: I welcome Mr. Moran and his colleagues. I want to work down through the five goals Mr. Moran set out and to ask a few questions on them to set out the practical position. The first one is a resilient Irish economy and balanced growth, and Mr. Moran spoke about growth and the significant increase in employment numbers. I am sure he is aware that the representatives of the banks appeared...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: Mr. Moran missed my point, which is a straightforward one. Our understanding was that the banks were more than adequately recapitalised in terms of various rounds of recapitalisation. There appears to be a divergence between the two main banks. Bank of Ireland maintains that its €3.5 billion is all new lending while AIB says approximately 17% of the €3.5 billion - €600...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: My second question relates to the mortgage situation, as raised by my colleague. Last week Bank of Ireland was at best reticent in expressing its view on the restructuring of mortgages. When does Mr. Moran expect the banks to exit the bank guarantee scheme? What are the Department’s plans in that regard in terms of individual banks? What is its perception of the current state of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: To which institutions does Mr. Moran refer?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: Does Mr. Moran mean the first quarter.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Statement of Strategy 2011-2014: Discussion with Department of Finance (7 Nov 2012)
Kieran O'Donnell: In his response to Deputy McGrath, Mr. Moran referred to reducing the cost of servicing the national debt. Could he provide an update on discussions on the restructuring of the promissory note, the funding element of it and the legacy debt of banks in the European context? Where does Mr. Moran envisage the situation going in the future and where does he see the savings? I ask him to...