Results 22,461-22,480 of 26,228 for speaker:Kieran O'Donnell

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Then I am stunned and amazed. I am shocked.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: No. I want to get to the core point, which is how many of these particular measures have been brought in since 1996. For instance, since 2008, what range of increases has come about based on items notified prior to the legislation's enactment in 1996?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: With all due respect, Mr. Sheridan should know, because that is his job. My point is that we can come in here and be very polite and nice but that achieves nothing for business people. What needs to be done now to ensure we can get control over these open-ended charges? How many of them have been there since 1996, and how many of these lucky-dip bank charges are still available to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Was the change sought recently? What does the statement "sought the change" mean?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Why was this change not sought three or four years ago? How many of these measures made available in 1996 are still available for the banks to pull out of the lucky bag? How many were brought in over the past two or three years? I am not being personal, but these are valid questions.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: What does Mr. Sheridan mean by that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Will Mr. Sheridan let us know how many of those are outstanding? The Chairman has got confirmation that they will come through. Is it correct that the banks sought 11 increases in 2013, four of which were fully implemented and five partially, with two exemptions? What does "exemptions" mean in layman's terms?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Am I correct in saying that all 11 of the submissions were either fully or partially agreed?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: I am trying to make the point that the 11 submissions made were either fully or partially agreed by the Central Bank.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Were none submitted to which the response was that no form of increase was sanctioned?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Was there any situation in which a bank lodged a submission but got no increase whatsoever?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: What about 2012?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: Of the three banks mentioned - AIB, Bank of Ireland and Ulster Bank, which make up 96% of SME lending - what were the increases in bank charges between 2012 and 2013 based on the notified charges that were there before 1996 and the current ones? Does Mr Sheridan have that breakdown?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Bank Charges: Discussion with Central Bank and ISME (17 Apr 2013)

Kieran O'Donnell: I welcome Mr. Sheridan and his colleagues, and Mr. Fielding. It strikes me that the banks have a kind of lucky dip of bank charges available to them since 1996. They can dip in or out of that well. This is a very abstract area for ordinary people, but it is not so abstract for people in business who are being hit with referral charges, unpaid fees charges and this, that and the other,...

Written Answers — Department of Finance: Pension Provisions (16 Apr 2013)

Kieran O'Donnell: To ask the Minister for Finance when he expects that eligible persons will be able to avail of the new provisions in the Finance Act 2013 for the pre-retirement access to AVCs; the date eligible persons will be able to encash up to 30% of AVCs; and if he will make a statement on the matter. [17412/13]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Recovery and Resolution Framework for Financial lnstitutions: Discussion (4 Apr 2013)

Kieran O'Donnell: How much will the Irish taxpayer have to put into these resolution funds and the ESM?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Recovery and Resolution Framework for Financial lnstitutions: Discussion (4 Apr 2013)

Kieran O'Donnell: If the deposit scheme was up to €100,000, would it then be 1% of all funds below €100,000? How much will this scheme cost the Irish taxpayer?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Recovery and Resolution Framework for Financial lnstitutions: Discussion (4 Apr 2013)

Kieran O'Donnell: That is just short of €1 billion. What is it meant by covered deposits in the Irish context?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Recovery and Resolution Framework for Financial lnstitutions: Discussion (4 Apr 2013)

Kieran O'Donnell: The eligible liabilities guarantee scheme finished on 31 March. Are there any five-year deposits over €100,000 that would be continued to be covered by the scheme?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Recovery and Resolution Framework for Financial lnstitutions: Discussion (4 Apr 2013)

Kieran O'Donnell: I understand that, but I am looking for clarification on the other point.