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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: I understand. This committee wants to support the work Mr. Kissane is doing and facilitate and move that along, but we really are running out of patience. What are the experiences of the other witnesses in contacting the Garda and what were the responses?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: I will move to Ms Grogan in one second.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: It is disgraceful. The signal going out is that someone can get away with fraud and cover up and just because it cannot be proved or because the cover up is so good, it cannot be got at in terms of Garda investigation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: The Central Bank will appear before us next week. If there is one thing Mr. Kissane wants the Central Bank to agree on public record to do before it goes out the door, what would it be?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: We just do not want to continue on with this. We have nearly a full day with the Central Bank and want to make sure that the people we have heard from today-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: Would Mr. Kissane have expected the Central Bank to object to that or to address it?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Customer Experience (12 Oct 2017)

Rose Conway Walsh: I am keen to hear from the rest of the witnesses.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: I thank the witnesses for their presentations. Coming from a party which has long-advocated the merits of a public banking system, the witnesses are pushing an open door and I want to see if we can make some progress today. Reference was made to the model being in the programme for Government. In reply to a parliamentary question last month, the Minister said a report was imminent. Are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: Have the witnesses had an input and met with the Department of Finance?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: It would concern me if the Department had not filled that gap by going to see the model working and then issued a report dismissing it. Is that the end of it? Is there room after the report is done for the Department to explore this further? While the Department says the report is imminent, is it expected in a matter of weeks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: How soon could the pilot project be put in place? The pilot project is the key to this, albeit I disagree with the business case for doing it in the midlands. A very interesting business case would involve doing it in an area like Ballyhaunis were one of the banks closed down. I am not being parochial about it, although I am sure Senator Paddy Burke will agree with me. I am sold on this...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: Does Mr. Bergmann envisage a number of banks in the pilot project? Will it be possible to do comparisons with different areas? How does Mr. Bergmann envisage that working? Can there be a pilot without a full commitment or political or legislative commitment from Government? Do all the political and legislative arrangements have to be in place prior to the pilot?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: I wish to ask about the relationship with the credit unions. Obviously, the trust between customers and credit unions is high and they are looking to expand. With regard to addressing the housing crisis and so on, how much conversation has the Savings Banks Foundation for International Cooperation had with credit unions? How does Mr. Bergmann envisage both models fitting together such that...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: Have the credit unions given any kind of public endorsement to this model?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: I think those two are key: the post offices and the credit unions. Their reaction and agreement or the way they work with this will be integral to the success of it. They are key actors in all of it. I know other people want to ask questions. I wish to ask about interest rates. If a person from a small or medium-sized business walked into a branch that was open tomorrow, could she be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Savings Banks Foundation for International Cooperation, Irish Rural Link and Public Banking Forum of Ireland (12 Oct 2017)

Rose Conway Walsh: They can still make a profit on 1.1%. Is that right?

Seanad: Order of Business (11 Oct 2017)

Rose Conway Walsh: This morning I expected to be debating and opposing yesterday's budget but I am not going to say anything about the budget or Brexit because yesterday afternoon the sad news came through about the passing of Neill O'Neill. Instead this morning I wish to express my sympathy to the family and friends of Neil O'Neill, the managing editor of The Mayo Newswho died very suddenly yesterday at the...

Seanad: Order of Business (11 Oct 2017)

Rose Conway Walsh: It is a question of resources.

Seanad: Order of Business (11 Oct 2017)

Rose Conway Walsh: The INMO has described it as fake news.

Seanad: Order of Business (10 Oct 2017)

Rose Conway Walsh: We are not supposed to talk about the budget.

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