Results 10,561-10,580 of 27,945 for speaker:Michael McGrath
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: All 3,940 are now on the correct rate.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: None of the additional 2,000 is yet on the correct rate.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Therefore, they continue to be overcharged. People who have been in this system for about two years are contacting us. They are receiving pro formaletters every 60 days or so, telling them that the bank is looking at the issue and will be in touch. In some cases, they are still being overcharged. When can Mr. Stanley say Ulster Bank will have completed its work as part of the tracker...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Is Mr. Stanley acknowledging that it will go into 2019?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: To clarify, of the initial batch of 3,500 - to round off the figure - how many are no longer customers of Ulster Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: In the past we had a figure of about 1,000.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: On the last occasion, certainly, it was not the case that the bank did not have much success but that it had not even started the process of contacting former customers.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Is Mr. Stanley satisfied-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Have all of the 3,500, bar 100, been contacted?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: The bank has not contacted any of them yet.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: How come the extra cohort of 2,000 was discovered so late in the day? It was two years plus into the examination.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: The majority, about 80%, are on the wrong rate.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: The fact that it took so long to identify the extra customers and the length of time it is taking to resolve cases do not inspire confidence in Ulster Bank's systems. That is particularly the case given the issues the bank has had with systems. We went through this the last time and I think the bank had something like five legacy mortgage systems.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: To try to bookend the issue for people, when will all of the original 3,500 customers be remediated?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: It will be next month, or within a month or so.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Is Mr. Stanley saying the extra 2,000 cases will extend into 2019?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: I imagine some of the 2,000 customers have been on the wrong rate for many years, perhaps a decade.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: Are there further groups of customers in dispute between Ulster Bank and the Central Bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: There are not.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Business of Joint Committee
Matters Relating to the Banking Sector: Ulster Bank (19 Jun 2018) Michael McGrath: On the cost involved, Ulster Bank's latest provision is €298 million.