Results 13,121-13,140 of 26,081 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Allied Irish Banks (22 Mar 2018)

Kieran O'Donnell: That is not good enough. That is too late. We had Permanent TSB before the committee. While we may not have been happy with what we were being told, it was fairly open about this matter. Today, we quoted the example of split mortgages being included as performing loans. We cannot be taken as fools. We are reading stuff in the newspapers but the bank is telling us to see no evil, hear no...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Allied Irish Banks (22 Mar 2018)

Kieran O'Donnell: Does Mr. O'Keeffe believe the bonuses the bank is putting forward for top management are justifiable?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Allied Irish Banks (22 Mar 2018)

Kieran O'Donnell: No, we did not.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: I also thank Mr. Ashmore for his presentation. He referred to eight institutions - three banks and five non-banks. What are the three banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: How does one access SBCI funding through each of these institutions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Over how many years was that funding made available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: When they apply under the credit guarantee scheme, do they apply directly to the SBCI?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Of the sum of €675 million, what was the breakdown between the amounts given out by AIB, Bank of Ireland and Ulster Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Why was AIB significantly ahead of the other two banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: How many borrowers have gained overall from this funding?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: How did that figure break down between the three institutions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: What are the non-bank institutions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Did SBCI provide funding in the area of the Anglo Irish Bank and Irish Bank Resolution Corporation, IBRC, bailout?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Up to €675 million is provided through the scheme. How can the SBCI be certain that this funding is going to SMEs and not being used as a cheap finance by the institution to prop up its balance sheet? What controls are in place to ensure it is not being used as a method by which the banks can do that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Is there not a risk that if funds are being advanced to an institution, for example, €200 million, that it improves the institution's balance sheet?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: What is a tranche, typically?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: €50 million is a lot of money.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Is the new scheme being announced tomorrow?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: How will it differ from previous schemes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of Operations: Strategic Banking Corporation of Ireland (27 Mar 2018)

Kieran O'Donnell: Is it the €300 million scheme?