Results 4,921-4,940 of 11,114 for speaker:Damien English
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: We have a short time and I would like to keep the discussion to SME lending. I ask the Deputy to confine his questions to this. Everybody else has managed it.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: I want to clarify. I asked all committee members at the beginning of the meeting to keep questions to the area of SME lending. We are very tight on time. I need to keep the questions to this area.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: I wish to add a comment. The overall cost of credit to business has increased and it has become quite expensive to borrow money.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: It is not for today.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Deputy Mathews please. Many questions have been put and committee members want answers. We have a very strict line of inquiry.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: A number of other members have expressed that view. I must wrap up. There is no time for more questions because representatives of another bank are waiting to appear before the committee. Do the witnesses wish to make any concluding comments?
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Thank you. The meeting today is for a report on this area which we are preparing over the next two months. We will share the results with you. We are talking not just to banks but also to stakeholders and business users on all sides to see if there is a problem and where it is and to highlight any solutions. If we identify areas of concern that we think you can have a role in addressing,...
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: I thank Mr. Brown and call Deputy Dara Calleary.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Is the business closed?
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Was it not answered?
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Thirty-five percent of pure SMEs.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: It is not necessary. Please keep to SME lending, or we are moving on.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Deputy Mathews, I want to move on to the answers, please.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Deputy, a question, please.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: We will move on to the answers now. You may wish to include the question of the cost of the credit, Mr. Brown. There are questions I could ask myself but we are short on time.
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Our members are satisfied. Thank you for coming in today. As I noted at the end of the last presentation, we are engaged in a report on how the banks are performing in lending and the associated costs. We are also looking at other options of raising finance for businesses and the associated areas. We will feed back our recommendations and conclusions towards the end of the preparation of...
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: I welcome the delegation from AIB for a discussion on access to finance for small and medium-sized enterprises. I welcome Mr. Bernard Byrne, director of personal business and corporate banking, Mr. Brendan O'Connor, head of financial solutions group, Mr. Denis O'Callaghan, head of branch banking, and Mr. Ken Burke, head of business banking. I apologise to the witnesses for the delay in...
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: In regard to restructuring, I accept that the compromise arrangement Mr. O'Connor outlined is a long-term fix. That is great. Is it the case, however, that for the majority of AIB's 9,000 SME customers, they will be seeing short-term rather than long-term solutions?
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: Before calling Deputy Calleary I seek clarification on the debt compromise. Is that when a business is still in operation-----
- Joint Oireachtas Committee on Jobs, Enterprise and Innovation: Access to Finance for SMEs: Bank of Ireland, Ulster Bank and AIB (15 Apr 2014)
Damien English: -----or is it similar to other banks in that it is only occurs at the end of the day?