Results 3,861-3,880 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: In your case, Ms Hayes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Public interest directors were appointed under section 4 of the Credit Institutions Act, which states that the directors - in the case of public directors - have a duty which takes priority over other duties of the directors. That means that public interest directors have a specific role. When the former Minister for Finance, the late Brian Lenihan, appointed you, he was quoted in one...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: I will put some final questions because I am running out of time myself. How many business loans were taken out or applied for by Permanent TSB last year? How many were granted and how many refused? How many mortgages does the bank have on its loan book? What percentage of those have been distressed for a period of more than three months?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: We will just focus on mortgages because I will be out of time shortly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Deputy O'Donnell and Senator Coghlan will share time and have 12 minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Do you have question?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Thank you.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Can Mr. MacSharry cite a specific instance where the public interest directors forced or encouraged a consensus?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: I will ask the question again. Can Mr. MacSharry cite a specific motion, proposal or concept put forward at Permanent TSB which came from the public interest directors and was implemented by vote or overwhelming consensus?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Be specific.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Just give me one.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: If the Deputy wants the witnesses to respond he will have to stop talking, because he is going to run out of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Deputy O'Donnell is out of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: I will ask Deputy O'Donnell to leave the meeting. He is out of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Deputy Doherty's time has expired. I call Deputy Ó Ríordáin.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: Could Ms Hayes explain that term please?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: On a case-by-case basis.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: I call Deputy Donnelly.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: I call Deputy Mathews and remind him that I want to restrict timeslots to eight minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB (19 Dec 2012)

Ciarán Lynch: The Deputy is three minutes into his allotted eight minutes if he wants to allow time for the witnesses to respond to his questions.