Results 4,241-4,260 of 10,460 for speaker:Gerry Horkan

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: To be fair, I do not believe that Mr. Masding has been overconfident. His approach is more welcome than coming in brashly would be. It is better to be straight up with us. I will pick up on one of his comments to Deputy McGrath. He stated that we were closer to the end of the positive cycle than to the start. While 2008 was 11 years ago, it is probably alive and strong in many people's...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: Mr. Masding kind of did in his statement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: I will touch on a couple of points that have not been addressed yet. Mr. Masding might discuss pay reviews, the cap on salaries and so on. The committee has asked all banks to address Brexit, banking culture and reviews, but Mr. Masding only had one sentence in his opening statement - "We support the banker accountability framework" - and did not elaborate much on what we asked him to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: Ideally.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: How many exceptions can the bank give or what percentage of exceptions is allowed? I am not overly familiar with the exception regime. If any of the witnesses is able to explain it to those who might be looking in trying to understand it, that would help.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Permanent TSB (9 Apr 2019)

Gerry Horkan: I am conscious of time and the Chairman has indulged me.

Seanad: An tOrd Gnó - Order of Business (10 Apr 2019)

Gerry Horkan: I thank the Leader for outlining the Order of Business. On the day that is in it, I could not go without mentioning Brexit again and the special meeting of the European Council in Brussels. Theresa May is now hoping for a delay until 30 June but there does not seem to be a lot of co-operation and collaboration among the parties in the UK yet. I still hope they will come to their senses and...

Seanad: An tOrd Gnó - Order of Business (10 Apr 2019)

Gerry Horkan: He has an app for that.

Seanad: An tOrd Gnó - Order of Business (11 Apr 2019)

Gerry Horkan: I note a recent report on Dublin cycling figures. For the first time in over ten years, those figures have fallen. One would not have thought they were falling in my area because it is great to see so many people cycling, particularly with the weather yesterday. It is good for traffic. Reducing the number of people using cars is good for people's health, CO2 emissions and in many other...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: Dr. Hunt is very welcome and I congratulate him on his appointment. If €6 billion is about 9.6% of gross loans and €1 billion brought that figure down to 8%, one can probably say that another €2 billion and €3 billion will be required to get to 5%. I think that is a reasonable figure to put on what would have to be disposed of.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: That is a fair assessment of how this committee would much prefer all the banks to be dealing with people and not through transfers to ultra funds or whatever one wants to call them. To be fair, AIB has made great progress in getting from €31 billion in 2013 to €6.1 billion at the end of 2018, as Dr. Hunt outlined. I ask Dr. Hunt to contradict me if this is not the case but...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: Dr. Hunt may not wish, or may be unable, to comment on the following but to get from 8% to 5% means that €2 billion to €3 billion needs to be removed from the AIB balance sheet of non-performing exposures.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: New lending was mentioned at the end of Deputy Michael McGrath's questioning. I have heard anecdotally that everything is on hold and nothing is going out across the country but particularly outside Dublin. All the banks are deferring everything and none is meeting its targets in lending of anything right across the sector. What would Dr. Hunt say to that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: It is reasonable to say that some of the people in the North, approximately one third, voted for Brexit whereas 99% of those in the South would have said "No" to Brexit. Presumably people who were in favour of Brexit are less put out by it than people who wanted to remain in the EU. AIB has performance targets for lending, new lending and so on. Can Dr. Hunt share with us what those...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: I accept that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: Can Dr. Hunt speak about the bank's 2019 performance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: That is fair enough and I will accept it if Dr. Hunt has to answer another of my questions in that way but I will keep asking questions. We asked all of the banks about Brexit, something which Dr. Hunt has covered a little, banking culture and the move or journey all banks need to make in that regard. Some are a little further down the path than others. The representatives of AIB have...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: I thank Dr. Hunt. On sustainability, is it reasonable to say he is not expecting or planning further branch netowrk reductions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: Other than the reference to some campus type non-cash branches with ATMs and various other automated machines, is AIB expecting to keep the full range of services in all of its branches across the country?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)

Gerry Horkan: Does AIB plan to upgrade, increase and spend a lot of money on technology?