Results 3,741-3,760 of 16,285 for speaker:Peadar Tóibín

Fair Pay, Secure Jobs and Trade Union Recognition: Motion (Resumed) [Private Members] (16 Apr 2015)

Peadar Tóibín: People looking in on this debate will have listened to the Minister of State, Deputy Ó Ríordáin's rosy picture of how the economy is functioning at the moment. The reality is that these people will be well aware of the continuing unemployment crisis. They will be aware that people who are unemployed and over 65 are not even counted as unemployed, and that the tens of...

Written Answers — Department of Foreign Affairs and Trade: Foreign Trade (21 Apr 2015)

Peadar Tóibín: 554. To ask the Minister for Foreign Affairs and Trade if he will provide in tabular form Ireland's import and export figures relating to trade with Egypt for the years 2007 to 2014. [15585/15]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: AIB made a pre-tax profit of €1.1 billion last year on what many say was a punitive interest rate. We can only take it to be the outcome of its policy. Given that its responsibility is to act on behalf of its shareholder, are we to take it as the outcome of the policy of the shareholder?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: Has the Government given the bank directions on profitability levels?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: The decision is made without any direction.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: If the Government was to give the bank directions on reducing or scaling back its level of profitability, while easing interest rates for those on variable interest rates, would it accept that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: The bank's responsibility is to act on behalf of its shareholder; therefore, it has a responsibility to act on behalf of the Government if it directs it to ease the burden on the figure of 100,000 mortgage holders.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: It is a matter of fact that the board would have to act on the directions of the Government, as shareholder.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: It owns 99% of the bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: Okay. There is also a view in society generally that the Government wants to offload AIB in the future and that there is a desire to fatten it in terms of the level of profitability, capitalisation and its attractiveness to the market. Is that part of the thinking behind the current policy?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: Is the attractiveness of the bank to a potential seller in the future in any way part of the thinking on how this policy is being delivered?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: Is AIB required to deleverage at any level? A number of years ago it was required to do so. Has all of that happened, or is there more to happen?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: What percentage of business loans have been written down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: There is a major crisis in the SME sector. Many have been tied to toxic loans. The functioning parts of businesses are being dragged down and jobs are being threatened as a result. What efforts are being made by the bank to try to resolve that issue?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: There is a lot of debate about the dysfunction within the property market. Property prices are increasing rapidly, while rent costs are spiralling. Part of the problem is on the supply side. The view is that the banks are not lending to builders or are lending at a percentage which makes things impossible. Do the delegates have any insight into that element of the market?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Peadar Tóibín: Are there figures for volume and stock levels in lending to the building sector?

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: Ba mhaith liom fáilte a chur roimh an rún seo agus ba mhaith liom buíochas a ghabháil don Grúpa Teicniúil as é a fhoilsiú. It is mind-boggling that despite four years in government, Fine Gael and the Labour Party continue to fail struggling families. As of last month, there were some 7,100 civil bills for repossessions throughout this State, some...

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: The Deputy should go back to the crèche.

Mortgage Arrears and Repossessions: Motion [Private Members] (28 Apr 2015)

Peadar Tóibín: This Government has been in power for four years.

Written Answers — Department of Finance: Loan Books Purchasers (28 Apr 2015)

Peadar Tóibín: 114. To ask the Minister for Finance if it is legal for Bank of Scotland to sell the debt of a person (details supplied) in County Meath to a company, in view of the fact that the company was only formed on 2 December 2014. [16335/15]