Results 9,281-9,300 of 35,575 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: AIB (30 Jun 2021)

Pearse Doherty: I hear what Dr. Hunt is saying. There seems to be an acceptance by him that the model is the model and, since the losses will be factored in in perpetuity, we must balance them out with better, safer and more prudent lending. That could take us into a different conversation about banks' risk appetite at this point in time. It is important that we lend into the economy as we try to come out...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: AIB (30 Jun 2021)

Pearse Doherty: I will not belabour the point, but I would love to know whether AIB has medium-term targets for risk-weighted assets. I wish to ask some final questions on the tracker mortgage examination. AIB had to make an additional provision of €300 million following the preliminary decision by the Financial Services and Pensions Ombudsman relating to approximately 5,900 tracker customers who...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: AIB (30 Jun 2021)

Pearse Doherty: Full stop, not just this specific issue, but on the tracker examination.

Written Answers — Department of Health: Health Services (29 Jun 2021)

Pearse Doherty: 461. To ask the Minister for Health when he plans to reopen the respite services at Drumboe House, County Donegal for children and young adults; and if he will make a statement on the matter. [27021/21]

Written Answers — Department of Finance: Tax Credits (24 Jun 2021)

Pearse Doherty: 194. To ask the Minister for Finance the estimated full-year revenue in 2022 that would be raised by tapering out the personal, employee and earned income tax credits by 2.5 % per €1,000 on individual incomes between €100,000 and €140,000 per year resulting in no entitlement to these credits in cases in which individual income is in excess of €140,000 based on the...

Written Answers — Department of Culture, Heritage and the Gaeltacht: Grant Payments (23 Jun 2021)

Pearse Doherty: 110. To ask the Minister for Culture, Heritage and the Gaeltacht when the application process will open for the €5 million fund of capital supports for the commercial live entertainment sector; the criteria for the scheme; and if she will make a statement on the matter. [33641/21]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: Is that possible? I thought I had indicated.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: I thank the witnesses for coming before the committee. I am conscious that this is the first time the bank has appeared before the committee since the fine was handed down by the Central Bank and sanctions were imposed. I will start with a line of questioning in that regard. I wish to ask Mr. Crowley whether the Garda has been in contact with the bank regarding the tracker mortgage...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: Mr. Crowley is aware that the Central Bank responded to questioning by me on whether it had files on suspected criminal activity regarding the investigation, and the director general for financial conduct confirmed it had those files. Can Mr. Crowley assure the committee that, to his knowledge, the files do not relate a State-owned bank, namely PTSB?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: Okay. I appreciate that. I am trying to ascertain Mr. Crowley's knowledge at this point in time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: The FSPO upheld 18 complaints against PTSB last year. There are also 1,200 outstanding mortgage complaints with the ombudsman across the banking sector. Can Mr. Crowley take the time to outline to this committee the current position of PTSB regarding the tracker mortgage examination? I ask him to refer specifically the number of tracker customers and tracker mortgage accounts impacted by...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: Mr. Crowley is aware the FSPO made a preliminary ruling on the issue of prevailing rates. This is something many committee members have been dealing with in different banks over a long period of time. This ruling resulted in one bank doubling its provisions for redress and compensation. Will Mr. Crowley clarify whether the ruling affected Permanent TSB customers? Of the 200 cases before...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: There is much I could say. Knowing the impact the bank had on those families and the financial situation, not only those who lost their homes but those who were burdened by the threat of repossession and the overcharging the bank was involved in, which I have described as theft in the past and will continue to do so, I am sure that when they hear commentary such as "misdemeanours" it will be...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: On that, and while it is subject to negotiation, Mr. Crowley is aware of the level of capital that is held within the bank. Can he inform the committee what size of loan book could potentially be acquired from any third party without acquiring additional capital, either from the markets or the State?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: I wish Mr. Crowley every success in the negotiations. It is important that we have a third force in banking and that we are not left with a duopoly. I thank Mr. Crowley for those answers.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: General Banking Matters: Permanent TSB (23 Jun 2021)

Pearse Doherty: I have three questions I wish to touch on briefly, with one picking up on a point made by the Chairperson. On the Central Bank's lending rules, there is flexibility in the loan-to-income limits. We understand that banks have withdrawn the flexibility of moving 20% above the thresholds. Is PTSB still operating under the guidance of the Central Bank? Is it still facilitating customers who...