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Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Ulster Bank (4 Sep 2013)

Paul Coghlan: The bank would cut them some slack.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Ulster Bank (4 Sep 2013)

Paul Coghlan: I will take seven minutes or less than that. I have four quick questions. I welcome Mr. Brown and his colleagues. I am concerned that the Central Bank's targets will prove counter-productive. They will have the effect of increasing arrears and forcing the banks to go legal. Based on what has been said by the Bank of Ireland, AIB and in the presentation of Ulster Bank, the measures...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Ulster Bank (4 Sep 2013)

Paul Coghlan: I will not. Mr. Brown will be capable of encapsulating what needs to be said.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Ulster Bank (4 Sep 2013)

Paul Coghlan: I will take less than seven minutes. What is the arrears level in respect of a figure of 90%? It looks bad when compared with the other banks. Was that because Ulster Bank was more responsible than the other banks or how does Mr. Brown account for this? What is behind Ulster Bank’s higher profile compared to Bank of Ireland, given that it has a smaller market share?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Ulster Bank (4 Sep 2013)

Paul Coghlan: We are all pleased about the bank’s commitment to the future in the Irish market.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: My phone is switched off.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: It is not my phone.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: My phone is off. I had switched it off earlier. I am sure Mr. Boucher would rather be somewhere else today rather than here. On the remaining 15% State equity and the preference shares to which he referred - he probably does not want to get into that because as he said the discussion is ongoing - when does he see-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: I appreciate that. When does Mr. Boucher envisage having this monkey off his back, so to speak? Does he want to say something about the timeframe as he sees it, in terms of the remaining 15%? Civil bills were mentioned. I appreciate everything that has been said about the figures. As of now, could he give a figure for how many repossession cases are with lawyers? On the write-down for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: I have to think of who went before me.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: Were 224 civil bills issued already?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: It was about SMEs - how many write-downs, for how much and whether the same criteria are applied to mortgage debt.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with Bank of Ireland (4 Sep 2013)

Paul Coghlan: No, I do not want to go over on time. I welcome Mr. Boucher and I very much appreciate what Bank of Ireland has achieved to date in respect of the repayment of State aid.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Paul Coghlan: I welcome Mr. Duffy and his colleagues.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Paul Coghlan: I thank Mr. Duffy for his comprehensive overview. It is impressive compared to where they were when they started this process of restructuring, even if it sounds like the political party campaigning slogan: "A lot done, more to do." I wish to ask Mr. Duffy about the tracker policy. Is Allied Irish Banks refusing to allow trackers to transfer when perhaps a customer might move home? I am...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Financial Sector: Discussion with AIB (3 Sep 2013)

Paul Coghlan: On that point, I thank Mr. Duffy for his work on the case I referred to him, which was solved.

Seanad: SI 325 of 2012 - European Union (Quality and Safety of Human Organs Intended for Transplantation) Regulations 2012: Motion (20 Aug 2013)

Paul Coghlan: Like everyone here I will be very interested in all that the Minister of State has to say. I am pleased he is here and, naturally, I welcome him to the House. I am unsure whether today will matter a whit but I thoroughly and utterly respect the right of Senator Daly, or anyone else, as well as the 20 Members who signed the petition to recall the House and have this debate. The debate has...

Seanad: SI 325 of 2012 - European Union (Quality and Safety of Human Organs Intended for Transplantation) Regulations 2012: Motion (20 Aug 2013)

Paul Coghlan: The Senator is the Opposition.

Seanad: Order of Business (24 Jul 2013)

Paul Coghlan: In regard to charges and allegations of bribery and corruption against certain individuals, I suggest that we have a debate on our return on the most recent report of the Standards in Public Office Commission. That will afford us an opportunity to discuss these matters more fully. I do not wish to return to anything that was raised during the debate on a particular Bill, but I hope the...

Seanad: Order of Business (24 Jul 2013)

Paul Coghlan: I am fully respectful of the fact that this is a matter for the sole discretion of the President. We all had our own difficulties with the legislation-----

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