Results 8,541-8,560 of 26,465 for speaker:John McGuinness
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Common Consolidated Corporate Tax Base: Discussion (25 Jan 2018)
John McGuinness: We did actually cover some of that stuff already.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee (23 Jan 2018)
John McGuinness: We begin our meeting in public session but will go into private session to deal with some housekeeping matters.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: We will now resume in public session to debate the tracker mortgage redress issue. I welcome Mr. Bernard Byrne, CEO of Allied Irish Banks, AIB and his colleagues to the meeting. I must advise the witnesses that by virtue of section 17(2)(l) of the Defamation Act 2009, they are protected by absolute privilege in respect of their evidence to this committee. However, if they are directed by...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: We must move on.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: Can the Deputy put a question to Mr. Byrne?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: I call Senator O'Donnell.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: I have a letter that I will not read but on which I want detail. A customer of the bank was offered a tracker rate of 3.22% and has refused it. The customer had not had an offer of a tracker rate since the fixed-term period ended in 2010. They have received no official confirmation of being impacted. Is that one of the cases that is outstanding?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: Generally speaking, is it 4,000-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: When they refuse the offer, what happens?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: At some stage after the refusal, however, the bank has to go back to the customer, or the customer has to engage with the bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: But the negotiation can happen thereafter in terms of-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: May I go back to a question I asked on the last occasion and on which I seek clarification? What was the response on the Belfry issue and the investments?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: There is an issue over the Belfry investment, part of which is subject to legal considerations. Have the delegates examined this? Obviously, if there are legal considerations, Mr. Byrne will not give me his view on it. We receive correspondence here regarding Belfry, general overcharging within AIB on business loans and so on. When the bank receives a number of complaints in this...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: Is that a change within the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: On the issue I raised the last day, concerning the number of companies registered, including Allied Irish Banks plc and Allied Irish Banks, plc – and the cases before the courts, is there any one entity that takes charge of all of that? Is there a misunderstanding somewhere? When the Government gave the bailout, for example, what bank did it give it to? What company or vehicle is...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: What about the other entities, such as the AIB mortgage entity? The loan is taken by the customer from one of these entities. Should there be a failing on the side of the customer which the bank pursues, that entity pursues it. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: It is not any other entity?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: That is an error, is it not?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: Will the delegates comment on the recent presentation made by Mr. David Hall of iCare?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages: Allied Irish Banks (23 Jan 2018)
John McGuinness: We had the presentation by Mr. David Hall. His company covers loans other than ones with AIB. Is Mr. O'Keeffe saying that, in the context of AIB, even though the company might have cases that are at court level, using iCare is a solution, it will encourage people to go for that option?