Results 9,321-9,340 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: Will the bank address the cases of people in financial difficulty who find themselves in scope because the bank has not addressed their tracker mortgage issue and who come forward and state the bank is causing them to lose their home or not be able to look after family matters in a way in which they would like? Ms Deering is saying the bank will attend to this.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: Okay.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: I will not get into the figures, because the witnesses will not tell us what they are, but in 2016 the bank believed it had a small number of tracker cases. Has this dramatically changed? Do the witnesses consider dealing with these trackers to be a big, small or medium problem for the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: When that number of cases was identified in 2016 the bank addressed the issue.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: Okay. Is there any message the witnesses want to give to this public meeting?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: We asked other banks about a solution. KBC is not prepared to give a date by which it might deal with all of these issues, but Christmas is usually a deadline by which people try to deal with as much as they can. Do the witnesses believe the bank can issue any type of statement in this regard? Are they reluctant to do so?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: Do the witnesses believe they will come back to the committee at that stage and perhaps go through the numbers and the compensation packages?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: I stress again, because I understand the difficulties of the customers, that this is a missed opportunity for the bank attending the committee hearing today not to avail of the public opportunity to signal something to the customers. The witnesses have apologised and said the bank is prepared to look at individual cases should people be in difficulty, and I presume it will be made a priority...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: If we have to communicate any individual cases to the bank to whom should we write?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: Directly to Mr. Verbraeken?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: This was dealt with earlier.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Permanent TSB and KBC Bank (28 Sep 2017)

John McGuinness: I thank the witnesses for attending and I look forward to meeting them when they have come to a conclusion on their review.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: The purpose of this meeting is to deal with matters relating to the banking sector. I welcome Mr. Bernard Byrne, chief executive officer of Allied Irish Banks and his colleagues to this meeting. I draw the attention of witnesses to the fact that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: I think members have read it, so Mr. Byrne may wish to emphasise parts of it. All of it will be noted as part of the proceedings.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: The witness is not going to answer that question today.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: The witness is not going to give a name to the Deputy today.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: I wish to discuss Mr. Byrne's opening statement, especially the line where he said:We must be keenly aware of the impact of our actions beyond the immediate economic environment and take into account issues with social consequences. To that end, we make our customers, our communities and the broader economy an integral part of all our planning and strategies. I have never seen such...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: Do AIB customers who find themselves in the set of circumstances described by Mr. O'Keeffe still find it difficult to approach and engage with the bank? Is the bank still experiencing a non-engagement by a large number of people?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: Is working with a third party something that will evolve over time? Will the bank continue to address the range of issues that come up under this heading?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Allied Irish Banks (26 Sep 2017)

John McGuinness: The Housing Agency was offered 603 houses. Is there less engagement from the other banks? Is AIB the bank which has had the main engagement with the agency?