Results 11,941-11,960 of 26,032 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: The small credit union does not have to take on the big loan; it can share the risk with the bigger one.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Mr. Farrell represents a large number of credit unions. Will he tell me what is restricting growth in lending under the current rules?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Are the credit unions losing money on micro-credit because people are defaulting on loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: To return to mortgages, how much can credit unions lend in terms of home loans? What are their limits?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: For how long can credit unions give mortgages?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: What amount can the credit unions give in a mortgage?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: What level of growth has been achieved in that area?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: How much?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: That is the figure for all the credit unions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Are Mr. Farrell and the Irish League of Credit Unions open to a public banking model? What is Mr. Molan's overall view?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: It is genuine.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Is that through EUROSTAT?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: It is called public banking.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: No, the Chairman is asking a specific question. This is like extracting teeth. We want to help here but we are being stonewalled. The Chairman asked a very simple question. Mr. Corr is saying there was not agreement as a collective. Let us break it down. The credit unions clearly wanted it to change so who did not want to allow the referral system from one credit union to another? Who...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: I accept that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: However, it is still possible to preserve the common bond. Some common bonds overlap. Say I live in an area and go to a local credit union. It does not have the capacity to service that loan and it could make a referral. That is only an extension of the bond.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: No, I am speaking about if they were allowed to do a referral.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: I would add that when the credit unions send back the report to the committee that as well as addressing the issues, they might also address the solutions, that is the actions that should be taken to enable us to get to the desired point. The committee is here to help. I meant to ask earlier if any credit unions are in trouble in terms of restructuring at this stage? I am looking to get...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Are further amalgamations or mergers proposed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Credit Union Advisory Committee: Discussion (31 Jan 2019)
Kieran O'Donnell: Does Mr. Farrell anticipate mergers will continue or that they will conclude?