Results 7,561-7,580 of 10,460 for speaker:Gerry Horkan
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: I do, and thank you for pointing that out. They are on both sides of my family.
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: I thank Senator Paddy Burke for acknowledging it too. The roots are on both sides, in Ballina and Swinford. Senator Higgins is from the west of Ireland-----
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: -----and I have a third grandparent from Roscommon to keep Senator Higgins happy as well. I cannot do Galway, but I have done my best. In conclusion, this is welcome legislation and I commend the Minister of State for bringing it to the House. We have had a detailed debate on it both in the Seanad and in the finance committee, in which three of the four Members present were involved, so I...
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: The Senator has two minutes remaining.
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: When is it proposed to take Committee Stage?
- Seanad: Data Sharing and Governance Bill 2018: Second Stage (19 Jun 2018)
Gerry Horkan: When is it proposed to sit again?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: I thank Mr. Stanley for his opening statement. This is a bit of a sorry tale. It starts with an adjusted operating profit, which is actually an operating loss of €151 million, followed, in turn, by a non-performing loan strategy, the disposal of a load of loans, the tracker mortgage debacle, the establishment of the global restructuring group, GRG, and further customer transaction...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: At our previous meeting, the figure was in and around 3,500. We are now saying it is up to 5,500, albeit I acknowledge that Mr. Stanley says these involve smaller amounts.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Mr. Stanley references an average figure. He just said it was a smaller amount. Does he have an average?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: I refer to the 3,490 customers. Ulster Bank remediated 2,500 of these people's cases by the end of the first quarter of 2018. What was the largest amount of remediation and the largest amount of compensation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: As such, the total payout, including giving people back their own money and providing compensation, is in and around €300,000 or €400,000?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: What was the largest amount involved? Was it €300,000, €400,000 or €500,000?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Perhaps Mr. Stanley could provide details of the largest amount-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: -----with a breakdown in respect of remediation, which is obviously the customer's own money, and compensation, being the additional compensation for the suffering that they went through. Can Mr. Stanley take us through the opening figure? Operating profit is stated as €109 million, but in brackets operating loss is listed as €151 million. What is the reason for the big...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Is this a project that is still up for sale as such?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: The bank is looking for bids on this.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Obviously this is commercially sensitive to a certain extent. What is the typical discount the bank ends up-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Will the bank disclose it at that point?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Gerry Horkan: Private dwelling house accounts appear to be valued at approximately €250,000 each and the buy-to-let accounts at approximately €241,000 each. There is a slight difference in Mr. Stanley's description. One is that 73% of accounts first entered arrears between seven and nine years ago, and the other is that 75% have been in arrears for more than 12 months. I am not sure why...