Results 1,561-1,580 of 1,974 for speaker:Arthur Spring
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I thank the Vice Chairman.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: We will go back to the balance sheet for a moment. There is such interest that I am sure every journalist in the country is watching.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: Was that a random section of it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: When?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: What percentage of the restructured loans are starting to default on their restructuring? A paper on this has been completed for the Central Bank of Ireland and the figures were quite high. Has the bank done anything internally on this?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I am talking about loans that were restructured.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: When Mr. O'Connor says the rates are not material, what does he mean?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: With regard to the entire banking sector, there were indications in that paper that the rate could be as high as 45% for mortgages, and the restructurings have not lived up to what was expected. That question leads on to how-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: Mr. Bourke talks about being sustainably profitable. What net interest rate must the bank make in order to be in that bracket?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: What would that be for new business mortgages?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I understand that, but there are many allegations out there that the banks are profiteering at the moment.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: What percentage is tier 1 capital?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: The reason I ask that question is that if the bank is looking for more deposits and if An Post is left in a situation in which the bank will be competing with it - because, historically, An Post has provided higher interest rates than the banks-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: What is the risk factor that is being blended into the bank's cost of funds?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: Sixty-four basis points is extraordinarily high relative to-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: Administration.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I am trying to get behind this issue. I have tabled a couple of parliamentary questions to get the information.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I thank Mr. Duffy. We are all very conscious of the sale of the bank. How is the bank going about it? Where is the valuation? When will we be in a position to talk to institutional investors and look at how they will go about it? Will there be an initial public offering from scratch again? What will happen? What will be involved in this process? I hope we are not heading for another...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: I will not ask the delegates to comment on other institutions. Given that they are dealing with the balance sheet and prudential losses, etc., I am perplexed about why they are not yet in a position to know what is the bank's share value. One of the bank's main competitors in the market has a share value. Is there a relatively-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: AIB (13 Nov 2014)
Arthur Spring: Would it be fair to say that currently there is not a level of certainty about the true value of the business that the bank hopes to have this time next year?