Results 25,801-25,820 of 34,777 for speaker:Seán Fleming

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: I am talking about 2015.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: Last year, €76 million of that €188 million was for mortgage accounts and the other was broken down between the other headings. The bank is now expecting a higher level of write-back. In layman’s English, the bank overprovided for bad debts on those mortgage accounts for €76 million in 2014 and will have a higher figure for 2015. Essentially, it will be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: The bank could use some of that funding not for restructuring but to reduce the interest charged on variable rate mortgages. It is clear this year it will be higher because the house price fall from the peak will improve this year. It is inevitable that there will be another increase this year and Mr. Bourke is changing his assumptions. His assumptions may have been valid at the time, but...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: Second, tracker mortgages make up 34% of the bank's owner-occupier mortgages whereas in the buy-to-let area it is 62%. The bank targeted the buy-to-let market with tracker mortgages, and everyone knows the profitability on the variable rate is much higher than on the tracker, so the bank is losing more money on the tracker-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: The three minutes is very short. Only 3% of the bank's funding comes from the European Central Bank funding rates but it has much more than that out on tracker mortgages on its buy-to-let side. The variable mortgage rate customer is carrying not just the loss of owner-occupiers with tracker mortgages but also an excessive cost of tracker mortgages on the buy-to-let side, of which the bank...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: On the last question only-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: -----why is the bank paying this €280 million? Why is it taking that out of income it is earning excessively from the variable rate mortgage holder to hand over to the State?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: I mean a working relationship.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: Whose decision was that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland: Allied Irish Banks (22 Apr 2015)

Seán Fleming: Was it the bank's own decision?

Written Answers — Department of Finance: Disabled Drivers and Passengers Scheme (22 Apr 2015)

Seán Fleming: 65. To ask the Minister for Finance when an application under the disabled drivers and disabled passengers regulations 1994 will be approved in respect of a person (details supplied) in County Laois; and if he will make a statement on the matter. [15925/15]

Order of Business (21 Apr 2015)

Seán Fleming: There have been a lot of announcements and promises of the spring statement. The Taoiseach might advise us as to whether the spring statement will be announced here in the Dáil and on what date will that be. Will there be statements from the Minister for Finance and the Minister for Public Expenditure and Reform? Will it follow normal budget day announcements where a response from the...

Written Answers — Department of An Taoiseach: Crime Data (21 Apr 2015)

Seán Fleming: 227. To ask the Taoiseach when the Central Statistics Office will be in a position to publish more recorded crime data, in view of the crime recording classification issues that came to light in 2014; and if he will make a statement on the matter. [15162/15]

Written Answers — Department of Health: Hospital Waiting Lists (21 Apr 2015)

Seán Fleming: 526. To ask the Minister for Health when a person (details supplied) in County Kildare will have a hip operation carried out; and if he will make a statement on the matter. [15661/15]

Written Answers — Department of Environment, Community and Local Government: Irish Water Establishment (21 Apr 2015)

Seán Fleming: 616. To ask the Minister for Environment, Community and Local Government when the Central Statistics Office finalised its report with regard to the sector classification of Irish Water in the national accounts and submitted it to EUROSTAT; when a final response is expected from EUROSTAT on this matter; and if he will make a statement on the matter. [15164/15]

Leaders' Questions (16 Apr 2015)

Seán Fleming: They had no choice; the Tánaiste forced them into it.

Written Answers — Department of Public Expenditure and Reform: Pensions Levy Yield (16 Apr 2015)

Seán Fleming: 91. To ask the Minister for Public Expenditure and Reform the yield from the pension related deduction in 2014; and if he will make a statement on the matter. [15086/15]

Written Answers — Department of Justice and Equality: Legal Aid Service Staff (16 Apr 2015)

Seán Fleming: 111. To ask the Minister for Justice and Equality the grades and number of persons that came to her Department for approval from the Legal Aid Board and that she has approved for recruitment since 1 January 2014; the positions she refused to approve as part of this process; and if she will make a statement on the matter. [15020/15]

Written Answers — Department of Justice and Equality: Legal Aid Service Staff (16 Apr 2015)

Seán Fleming: 114. To ask the Minister for Justice and Equality the number and grades of staff that have been approved for employment in the Legal Aid Board since 1 January 2014; the number of these who are providing front-line services, are managers and-or administrators; and if she will make a statement on the matter. [15015/15]

Written Answers — Department of Justice and Equality: Public Sector Pensions (16 Apr 2015)

Seán Fleming: 118. To ask the Minister for Justice and Equality the status of proposals to change the process by which retired members of An Garda Síochána are paid from the current payment in advance; and if she will make a statement on the matter. [15087/15]