Results 12,241-12,260 of 26,032 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Fine. Would individual credit unions be engaged in commercial lending to the level of 50% of their regulatory reserve?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: I have reached the point where I want detail. I am utterly supportive of the credit unions.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: We need to get down to brass tacks. We need to know if the credit unions have the capacity within the existing regulatory rules to engage in SME lending, or is there some barrier? The Chairman alluded to this earlier. He asked the exact question I intended to ask. It is the only question we need answered. The regulator implied that the capacity existed but the credit unions were not...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: That would be in within the CUDA family.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Can I hear from Mr. Farrell and Mr. Molan as they are at the front line? Will Mr. Farrell tell me what the real story is here?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Yes.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: I am not talking about Sparkasse. Do the existing rules and regulations provide the capacity for the credit union movement to grow SME lending without the need to introduce new regulations or reinvent the wheel?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Why, allowing for the individual factors Mr. Johnson outlined regarding larger credit unions, why is the level of commercial lending only one tenth of overall capacity? Why does the level appear to be so low?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: What route should we take to increase the level of SME lending and the number of home loans offered by credit unions?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: It is about de-risking.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: It had to be €25,000 or above to be classified as commercial.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Organically.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: It is about skill sets and de-risking.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: Good.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)
Kieran O'Donnell: I thank our guests.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)
Kieran O'Donnell: I welcome the witnesses to the proceedings. I have a question for the IFA. We are being told by many business customers that there is constructive non-engagement by the banks in terms of looking at restructuring loans because they have the backstop of selling to the funds. It is a form of moral hazard in its own right. I ask the representatives of the IFA to tell us about farmers'...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)
Kieran O'Donnell: Very few of the pillar banks have not sold loans.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)
Kieran O'Donnell: Is Mr. Stapleton talking about Bank of Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Loans to Unregulated Private Investment Funds: Discussion (18 Oct 2018)
Kieran O'Donnell: Which bank has its non-performing loans sorted at this stage?