Results 3,361-3,380 of 4,002 for speaker:Rose Conway Walsh
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: That should establish what will happen. I feel with great certainty that the outcome of that may not be what AIB thinks it will be. What were the words AIB used instead of breach of contract?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: I know why AIB is using the term "service failure". According to contract law, commercial common sense cannot be applied retrospectively but it is a breach of contract when it is outlined explicitly in the contract.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: We will agree to disagree.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: That will be established in the courts. I hope AIB has made provision for that out of the €1.25 billion in profit it made last year. Is it true that AIB's independent redress panel is rejecting all cases where an appeal is based on the issue of prevailing rates?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: On what basis were they rejected?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Will Mr. Kinsella remind me of who the members of the independent redress panel are?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: As such, there is no AIB representative on the redress panel.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: I want to ask about the EBS tied agents. We received a letter from AIB saying the bank cannot furnish us with a copy of the report into the issue of EBS tied agents because of ongoing litigation. When do the witnesses expect the litigation regarding EBS tied agents to conclude?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Who else has seen a copy of that report? Have the tied agents seen a copy of it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Very well. Has the bank ring-fenced any moneys for compensation that may need to be paid out, as happened following the tracker mortgage scandal? That would not presume the outcome.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Is AIB concerned about the reputational damage done to the group by the fact that so many business people felt the need to take action against EBS?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: I very much look forward to the outcome of that case. On fees, AIB's statement of fees tells us that it costs 20 cent to perform a contactless transaction but this fee is waived until further notice. What is the logic of retaining the right to charge this fee but not charging it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Under the regulations, how much notice would the bank have to give if it was to start charging that fee?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: What percentage of AIB's personal customers have €2,500 in their account for each fee quarter and thus avoid paying fees?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Why are EBS customers treated differently by the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: Can a customer switch from EBS to AIB services to avail of the cheaper rates?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: I refer to mortgages.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: It would be as though they had come from any other bank. They would get the €2,000.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: It seems quite bizarre that a State-owned bank says it speaks for all its customers but has an arbitrary difference in rates for some customers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Rose Conway Walsh: As such, AIB is doing it for the good of its customers. The bank is putting its customers first in this instance.