Results 13,141-13,160 of 26,081 for speaker:Kieran O'Donnell
- 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: The Brexit scheme.
- 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: Can I just follow up? I have a lack of knowledge of what the Strategic Banking Corporation of Ireland, SBCI, actually does. It is a bit too abstract for me, if I am honest. Under the scheme being launched tomorrow, will someone apply to the SBCI first?
- 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: Let us say SMEs apply for a loan of €250,000. Will they get a formal approval from 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: They go to AIB, Bank of Ireland or Ulster Bank and apply for €250,000. The rate of interest they would be charged by the bank would be a maximum of 4%. What rate does the SBCI provide that to the bank at?
- 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: If the bank believed that the normal cost of funding on that should be 6%, does the SBCI cover the 2% differential?
- 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: That is what I am more interested in. Explain the 4%. Will the person who qualifies for the loan be charged at 4%?
- 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: If the bank comes back and says that the cost of funding to it - the banks refer to it as a blended cost - is let us say that is 6%-----
- 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 accept that but-----
- 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: The witness says 80% of the risk. That means that if the loan defaults, the SBCI covers 80% of the loan.
- 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: Does the SBCI make provisions for bad debts and things like 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: How high would the level of provision have been in 2016 and 2017?
- 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: A final thing-----
- 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: If someone avails of the scheme, how can the SBCI ensure that the bank will lend under the scheme? Can the bank turn it down?
- Seanad: Councillors' Conditions: Statements (29 Mar 2018)
Kieran O'Donnell: He was playing junior B hurling there. It was very low.
- Seanad: Councillors' Conditions: Statements (29 Mar 2018)
Kieran O'Donnell: I welcome the Minister of State, Deputy Phelan, to the House. The role of councillors has changed significantly over the years. We now have metropolitan areas, much larger electoral areas and SPCs. The role of the councillor is virtually a full-time role. I welcome that the Minister of State is setting up the local authority remuneration review group. It is important it is established as...
- Seanad: Order of Business (18 Apr 2018)
Kieran O'Donnell: I rise to commend Shannon Airport, from which Norwegian Airlines will operate a daily service to Stewart International Airport in New York. Shannon Airport now has six airlines which fly to seven destinations in America. We regularly hear about Dublin Airport being over-capacity and not having enough room, whereas Shannon airport has excess capacity. We are a small nation. Our network is...
- Seanad: Order of Business (24 Apr 2018)
Kieran O'Donnell: I acknowledge that today, Transport Infrastructure Ireland formally moved ahead to appoint design and planning consultants for the M20 from Cork to Limerick. It is a major step forward.It is an €8 million contract for the design and planning of the M20 and it will be brought to An Bord Pleanála. It is a four-year contract. We will then proceed to move to tender to appoint...
- Seanad: Housing: Statements (25 Apr 2018)
Kieran O'Donnell: I welcome the Minister, Deputy Eoghan Murphy. I regard this debate as extremely important. I want to address a few areas in the time I have. I will look at it under the three main headings of social, affordable and private housing. It is about Rebuilding Ireland. The biggest issue across all areas in Ireland is supply. All have different issues. On social housing, I can speak for...
- Seanad: Planning and Development (Amendment) Bill 2016: Committee Stage (Resumed) (25 Apr 2018)
Kieran O'Donnell: The Senator can give it a fair bash.
- Seanad: Planning and Development (Amendment) Bill 2016: Committee Stage (Resumed) (25 Apr 2018)
Kieran O'Donnell: It would do the Senator no harm to do that.