Results 9,561-9,580 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Is Deputy Humphreys sharing his 15 minutes?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: We are back in public session. Mr. Boucher may conclude his remarks and we will then move on to Deputy Doherty.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: We were also speaking about the mortgage-to-rent issue and how debt is managed in such circumstances. Deputy Doherty might address this in his questioning.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: On that, because we might need to take a break for a few moments, in that communication Mr. Boucher might clarify whether, as part of the recapitalisation of the bank, a percentage was to deal with what might be called residual debt difficulties that would require a write-down. I would have assumed that the bank has calculated a level of write-down that it has to have. On the more specific...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: There is a vote in the Chamber. Does Deputy Pearse Doherty wish to continue speaking in which case I can pair with him, or does he want to go and vote?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: That is what I am asking.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: On that basis, we will suspend the meeting and pick up that point with Mr. Boucher when we come back.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: It is a resolution.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Senator Byrne-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: No, Deputy Mathews cannot.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: No, you will not be helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: No, it will not be helpful. Senator Byrne is in possession.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: I will rephrase my comment. It will not be helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: I ask Deputy Mathews to desist from interfering in proceedings.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: He is not helping.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Excuse me for one second. All responses are to the Chair or to the person who is in possession.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Members who continue to interject are not doing anyone any favour by disrupting the speaker. I say that to all committee members. In fact, they are creating confusion because there is too much noise. People are listening to the proceedings and when a speaker is in possession, they want to hear a clear and concise answer to the questions asked. I do not want any interjection by other...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: I will try to assist Mr. Boucher before we move on. Whatever Bank of Ireland’s policy is, has a customer got a write-down?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Not through the bank’s negotiation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland (10 Apr 2014)

Ciarán Lynch: Mr. Boucher, one of the things that we are trying to establish here is consistency among the banks. Any level of ambiguity that exists as a result of people watching the proceedings does not help the bank, the committee or bank customers. Senator Byrne is trying to establish the bank's practice. Policy is one thing but when we asked questions of the other banks during the week about their...