Results 23,261-23,280 of 26,092 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Could Mr. Boucher tell me about the mortgage holders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Bank of Ireland engage in the restructuring-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: In the limited time-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Bank of Ireland engage in the restructuring of mortgages and will Mr. Boucher take a reduction in salary and will-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: These are important questions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: What about the question on mortgage holders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Discussion with Bank of Ireland (1 Nov 2012)
Kieran O'Donnell: Will Mr. Boucher take a reduction in his salary?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: Why is the level of branch closures so high in Limerick?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: I thank Deputy Mathews for his grace in allowing me to go ahead of him. I appreciate that. I welcome Mr. Duffy and his colleagues. I wish to raise two points. If I am correct, he said that of the €3.5 billion, to date, €600 million of that was new lending. Is that up to the end of September?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: Time is limited. I remember when the banks were recapitalised and I was there for all of it. How much has the Irish taxpayer put into AIB at the moment? That is a point that has not arisen today. What is that figure?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: The sum of €20 billion is just slightly less than the Department of Social Protection's budget, and is about two thirds of our annual tax take. The money was given to AIB on the proviso that it would bring about lending in the real economy. I have spent the greater part of my adult life working with SMEs, but AIB is not lending to SMEs. I have as many of them coming to me now as I...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: I do not see the point in being here if we do not have a robust debate. Mr. Duffy has a job to do and he has come in here, but equally the figures do not lie.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: That is fine and I appreciate that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: Will Mr. Duffy explain why the figure is so low?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: Is Mr. Duffy saying that if there was a demand for new lending of €3.5 billion AIB would be lending it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: There is probably a historic element about that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: With due respect, Mr. Byrne, I do not want to interject but my time is limited. A lot of the lending AIB did to the SME sector during the so-called Celtic tiger period was asset-backed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of AIB: Discussion (31 Oct 2012)
Kieran O'Donnell: What skill set does AIB have? Mr. Duffy is talking about going back to the branch network. I saw business proposals sent to AIB which I thought were reasonable but which were turned down. AIB is closing eight of its 18 branches in Limerick, the highest percentage of any branch network outside County Donegal. This year in County Donegal there is only one branch closing, while in Limerick...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kieran O'Donnell: Mr. Dukes may have touched on this already but I refer to the scenario in which he maintains it would be possible to wind up Anglo Irish Bank earlier. Second, is IBRC required to maintain the same capital ratios as a normal commercial bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Operations and Functioning of IBRC: Discussion (31 Oct 2012)
Kieran O'Donnell: It was more on the aspect whereby Mr. Dukes spoke of maintaining the capital base. Were IBRC not required to maintain the capital ratio at the same level, it would provide opportunities for the State.