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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: May I ask a final question? I ask Mr. Trethowan to examine those figures in depth. Obviously that has not happened. Restructuring an overdraft into a term loan is not new lending.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: How much of the €2.5 billion is new lending that was drawn down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Mr. Trethowan said that some of it was overdraft restructuring.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: That is not new lending but new overdrafts.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Much of the areas of interest to me have been covered. How many appeals were made from inception last year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Some 42% of the internal reviews ended up going to the Credit Review Office, with 331 cases out of 784 internal reviews. That is well below 50% of the banks' internal reviews going to the Credit Review Office. The 55% of appeals upheld gave rise to additional lending of €13 million. Does that amount to 250 incidents?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Where does the figure of €13 million come from?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: The cases where the banks' decisions were overturned amount to €13 million and cases where they were not overturned amount to €7.7 million. The role of the Credit Review Office is within the SME sector. Is Mr. Trethowan's happy that the limit of €500,000 is high enough?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Does the office charge for that opinion?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Mr. Trethowan's office has the flexibility to deal with specific cases.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: How many people are in Mr. Trethowan's organisation?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Are there three employees?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Are they employed full-time?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: So there are three full-time staff members and approximately seven reviewers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: What is the total number of staff at the moment? Can I have a number?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: Is it ten including the full-time staff members?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Access to Credit Provision: Discussion with Credit Review Office (20 Feb 2013)

Kieran O'Donnell: What is the annual budget?

Written Answers — Department of Transport, Tourism and Sport: Sale of State Assets (19 Feb 2013)

Kieran O'Donnell: To ask the Minister for Transport, Tourism and Sport his views on the implications of a takeover of Aer Lingus by Ryanair; and if he will make a statement on the matter. [8462/13]

Written Answers — Department of Transport, Tourism and Sport: Airport Development Projects (19 Feb 2013)

Kieran O'Donnell: To ask the Minister for Transport, Tourism and Sport if he will provide an update on the Shannon Aviation Services Centre Bill; and if he will make a statement on the matter. [8463/13]

Promissory Notes Arrangement: Motion (Resumed) (13 Feb 2013)

Kieran O'Donnell: Deputy Collins should deal with the points I have raised.

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