Results 941-960 of 1,974 for speaker:Arthur Spring

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: I can point to cases which have come to my attention during the past two weeks involving individuals who have not been educated by Permanent TSB staff about the implications for them of the personal insolvency process. PTSB has a problem and it is not being fair to its customers. Mr. Masding said earlier that he was customer centric, while Mr. O'Sullivan said the purpose of the bank on a...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: It will be up and running from next Monday.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: That is not an excuse for not educating customers about what they can do. The bank is sending letters to customers stating they should consider vacating their properties and not educating them about what the Government is providing to resolve this issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: Pardon me. Mr. O'Sullivan has just stated people should be aware of all of the options, but the bank is not making them aware of them. It is incredible.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: Mr. O'Sullivan has just admitted that the bank is not doing that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: I will go further. The people with whom I have met have not been provided with ample information on how they can negotiate with the banks. Thus far, there have not been personal insolvency practitioners in place to assist them in this regard. Am I correct that Permanent TSB has received €4 billion by way of capitalisation funding from the State?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: There has been a write-down of approximately €11 million. Mr. Masding has stated Permanent TSB does not have in place a figure for provisions. How does the bank deal with its balance sheet if it does not know the amount of its contingent liability? Mr. Masding said when responding earlier to another speaker that he believed the bank should be an institution that could survive....

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: What is the figure for provisions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: What is the level of provisions? We have different priorities. I do not wish to be disrespectful, but our focus is on customers. I accept that the priority for the delegates must be the bank. What level of provision has the bank identified at this point in respect of a debt write-down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: We are running out of time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: And taxpayers, I agree.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: What is the figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: There must be a provision figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: It is. Everybody in the room heard me ask the question several times. I apologise to the Chairman for going over time, but this is not fair. Has money been set aside and, if not, why are we recapitalising the banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: I thank Mr. Groarke. They are two fantastic figures, although we had a struggle to get them. Some people have been advised that their interest-only repayments on loans can be pushed out further. However, they have not been made aware that the Irish Credit Bureau has subsequently made PTSB aware that this will result in their having an M rating, which means that they may not be able to...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: Will PTSB ensure customers who engage in the resolution process will not receive an M rating from the ICB which would prevent them from accessing future credit?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: I apologise if I appear forceful, but this is an issue which confronts all of us daily in our offices. People are under real pressure.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Permanent TSB (5 Sep 2013)

Arthur Spring: Yes.

Written Answers — Department of Education and Skills: Special Educational Needs Services Provision (18 Sep 2013)

Arthur Spring: 276. To ask the Minister for Education and Skills if an application for special educational needs supports has been processed by the National Council for Special Education in respect of a school (details supplied) in County Kerry and if the school will be allocated more support; and if he will make a statement on the matter. [37018/13]

Written Answers — Department of Jobs, Enterprise and Innovation: Immigration Policy (18 Sep 2013)

Arthur Spring: 492. To ask the Minister for Jobs, Enterprise and Innovation the conditions attached to Croatians in relation to access to the labour market here following the enactment of the European Union Bill 2013; if their entitlements will be the same to the Irish labour market as citizens of existing European Union member countries; and if he will make a statement on the matter. [37033/13]