Results 4,381-4,400 of 26,021 for speaker:Kieran O'Donnell
- Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013) Kieran O'Donnell: No doubt.
- Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013) Kieran O'Donnell: Has the troika set any specific targets for when it comes back for its next visit?
- Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013) Kieran O'Donnell: How is the Department finding the roll-out of the JobsPlus scheme? How has it gone? Can Ms O'Donoghue give us an update on how it is going?
- Public Accounts Committee: 2011 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 38 – Social Protection
Chapter - 24 Supplementary Welfare Allowance (18 Jul 2013) Kieran O'Donnell: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: I have just a couple of points to make. I agree with Deputy McGrath, that we should have been provided with the figures in advance of the meeting. Most people at the meeting are discerning. AIB should have provided us with the figures. That is not good enough. No reference was made in the presentation to the fact that the taxpayer has given the bank €20 billion to date and it has...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: Could the witnesses just deal with those points, namely, the number of write-downs in respect of home loans, split between buy-to-let mortgages and other home loans and the value of the figure? Could they also outline the level of credit that has ultimately been withdrawn from the economy? Is the €14 billion new lending or restructured lending?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: Could we get a copy? We were talking about figures. The delegation must have a printout of that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: We should be provided with it.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: The Chairman had better put his other hat on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: I have a quick question to wrap up. Mr. Duffy spoke about the tracker and variable rate mortgages. I am glad to note AIB made €162 million of operating profit before provisions, etc. What percentage did the tracker mortgages contribute to that profit because AIB's deposit-to-loan ratio is not too far off 100%? How is AIB able to fund the tracker mortgages to make a profit?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: Effectively, it is a weighted cost, including ECB funding, that is bringing it down. Returning to Mr. Duffy's point, am I correct in saying that under the insolvency procedure, when it is secured debt, a personal insolvency practitioner is appointed and 65% of the creditors must agree to the arrangement? With the unsecured debt, I thought there was some provision that 50% of the unsecured...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: It is a slightly different point.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: The only issue that will arise is with the credit unions. That is the point.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)
Kieran O'Donnell: On a final point, it has been reported in the media that where a person enters into a personal insolvency arrangement and the house is sold for a higher value than the arrangements in place, within a 20 year period the banks would look to regain some of the said proceeds of the house. What view is AIB taking on that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: Will the witness recap the figures?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: I have not come in. Mr. Boucher is required to make returns to the Central Bank in respect of quarter 2. A return would have been made which included the detailed breakdown we seek. He is aware that AIB provided us with a breakdown yesterday. He is also very experienced. I would have thought the return filed with the Central Bank is on his files. To make it straightforward, I ask him to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: He has the detailed breakdown.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: I ask Mr. Boucher to condense them slowly for us in respect of the 3,164. I suspect he can do that quite easily.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: I would say he can do that in the next five minutes and then we can get on with our business.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)
Kieran O'Donnell: With respect, Chairman, I think Mr. Mason will provide us with that information.