Results 10,801-10,820 of 26,465 for speaker:John McGuinness

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: Am I correct that 90% of the loan applications from the SME sector is for amounts under €30,000?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: How long does it take to make a decision around that?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: Where is that decision made?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: How long does it take to reach a decision on amounts for more that €30,000?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: When one speaks to business groups around the country, they often say the opposite is the case, that they cannot get a decision from the local branch. They might be talking about small amounts of money or the continuation of funding for a business.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: In the case of an application under the SBCI fund, how many applications were made and what is the refusal rate?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: I understand Mr. Mulhall to have said the approval rate was in the 90% mark A company or a person who has been refused a loan, goes to the Credit Review Office, and the Credit Review Office will say go back to the bank and the bank continues to say "No".

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: I came across some cases where the applicant went to the Credit Review Office. They were reviewed and were sent back to the bank, but they did not get it.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: Yes. I will not go into the detail because there is a small number of those cases throughout the country.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: It is a good credit facility. We are all trying to learn from what happened in the past. Beyond the loans, how AIB agrees them and so on, what else did the bank learn about relationships and how it was advised by professionals who applied and supported loan applications only to find out years later that those applications did not do what they said on the tin?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: Did AIB ever get the urge to take on solicitors or accountants who, in those years, may have given it a bump steer? Many business people feel sad for themselves in terms of advices that were given. Banks would have shared in those advices and taken them on board as being okay, but it turned out that they were wide off the mark. Has the bank ever examined that aspect?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: Does Mr. Byrne believe it would be worthwhile? The banks are regularly blamed for what happened and for their lending criteria, practices and relationships, but when one drills down, advices were given informing banks, relationships were formed that allowed money to flow freely and there were practices that perhaps were less than ethical.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Allied Irish Banks (24 Nov 2016)

John McGuinness: If members have no further questions, I thank Mr. Byrne and his colleagues for their attendance. I apologise for this disjointed meeting, but with the Dáil sitting and voting until 3 a.m. on the Finance Bill, it had to be that way.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (24 Nov 2016)

John McGuinness: I welcome the Minister of State, Deputy Eoghan Murphy, and his officials to the meeting. I invite the Minister of State to make his opening statement.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (24 Nov 2016)

John McGuinness: I thank the Minister of State. The joint committee has made 71 recommendations and it took time, deliberation and conversations with the various stakeholders to arrive at the recommendations. We believe a number of the recommendations can be dealt with immediately. For example, section 4 of the Personal Injuries Assessment Board Act 2003 provides for the Minister to confer additional...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Rising Costs of Motor Insurance: Discussion (Resumed) (24 Nov 2016)

John McGuinness: With regard to the issue highlighted by the Irish Road Haulage Association, and in spite of the fact it may take time in terms of the European Union, that cannot stop us and the Minister of State from highlighting the issue, from being determined to bring about the necessary changes and from having a focus on the issue. I have said it umpteen times today that the Minister of State is the...

Written Answers — Department of Justice and Equality: Residency Permits (24 Nov 2016)

John McGuinness: 49. To ask the Minister for Justice and Equality the status of a person (details supplied) who had a stamp 4; and if their stamp 4 status will be updated. [36699/16]

Written Answers — Department of Health: Medical Aids and Appliances Provision (24 Nov 2016)

John McGuinness: 190. To ask the Minister for Health if an electric scooter will be provided to a person (details supplied); if the person's circumstances will be investigated by the HSE with a view to approving such a support; and if he will make a statement on the matter. [36698/16]

Written Answers — Department of Health: Hospital Waiting Lists (24 Nov 2016)

John McGuinness: 191. To ask the Minister for Health the date for an operation at Waterford Regional Hospital in respect of a person (details supplied); and if he will make a statement on the matter. [36700/16]

Written Answers — Department of Health: Hospital Services (24 Nov 2016)

John McGuinness: 192. To ask the Minister for Health when a new theatre at Crumlin hospital will be fully open to deal with operations urgently required by persons with scoliosis; and the reason scoliosis patients have had their appointments cancelled and have been informed that it will be a further 12 months before the appointment is rescheduled. [36701/16]