Results 14,361-14,380 of 26,086 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: That is a matter for the terms of reference of the review.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Insurance Costs for Small and Medium Businesses: Discussion (4 Apr 2019)
Kieran O'Donnell: Say someone is involved in a car crash. How long will the case take?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: I welcome Mr. Hunt and his colleagues. To pick up on a number of points, I take from the presentation that the bank wants to reduce the proportion of non-performing loans on its loan book to 5% by year end. Dr. Hunt put forward the reasons for that. Reference was made to the fact that the bank has to provide three times the level of capital that would normally be provided by banks in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: As matters stand, the market value of the State investment is less than the book value.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: That is fine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: To be honest with Dr. Hunt, all of that is great and we have been over it before. I feel as though we are going back to the time of the bank guarantee. I want information for the ordinary person watching these proceedings. We speak about reducing non-performing loans. I want to know the impact that will have on the interest rates the bank charges. Dr. Hunt repeatedly refers to...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: Will it bring about a reduction in interest rates?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: When does Dr. Hunt anticipate that the European authorities will allow some flexibility on the level of capital the bank has to provide? Clearly, not enough capital was provided for the rainy day.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: I want us to reach a point where the State will get its investment back and existing and new AIB customers will be offered competitive interest rates relative to those offered by European banks. Dr. Hunt is talking about the level of capital the bank requires relative to that in European banks. We continually look to our sister countries within the EU and many of them are providing much...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: I will put the question another way. Why are the interest rates AIB is charging so much higher than the European norms?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: I am asking about AIB.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: Is Dr. Hunt saying the fees are higher elsewhere in Europe?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: If AIB reduces its level of NPLs to European norms, does he anticipate that the bank will charge interest rates to variable and fixed rate customers that reflect European norms? How long will that take?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: If AIB gets the level of NPLs down to 5% by the end of this year, will we see a measurable reduction in interest rates charged to customers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: Allied Irish Banks (11 Apr 2019)
Kieran O'Donnell: Would it be a reasonable observation that if the drag of what AIB can deliver to other performing customers is no longer on the bank's balance sheet, its interest rates should be more competitive?
- Seanad: Statement by the Taoiseach (18 Apr 2019)
Kieran O'Donnell: Will the Cathaoirleach let me know when there is half a minute left?
- Seanad: Statement by the Taoiseach (18 Apr 2019)
Kieran O'Donnell: I welcome the Taoiseach to the House here today. It is fitting that we reflect on where we are as a House, as a nation and as two Chambers. The Taoiseach made reference to the 70th anniversary. John A. Costello the year before, in Canada, had declared that we were going to become a Republic and President Seán T. O'Kelly signed the Act into law. Both sides of the political divide...
- Seanad: Statement by the Taoiseach (18 Apr 2019)
Kieran O'Donnell: I met T. R. Dallas and there was tight security as well.
- Seanad: Statement by the Taoiseach (18 Apr 2019)
Kieran O'Donnell: We want to stop Brexit
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector (Resumed): Ulster Bank (9 May 2019)
Kieran O'Donnell: I welcome all three witnesses and in particular, wish Ms Howard every success in her recent appointment. I want to touch on one item that has already been discussed, namely, non-performing loans. I want to get a few benchmarks. Ulster Bank is at 10% at the moment. Has it given a figure as to which percentage it is looking to get to?