Results 12,261-12,280 of 26,042 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: 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?
- 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: They have been sold to Cerberus.
- 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: That sale involves Everyday Finance.
- 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 the sale to Everyday Finance?
- 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: Does Mr. Stapleton believe AIB is using the process to effectively delay any solutions until the loans are sold to a fund, Everyday Finance?
- 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: Obviously, Cerberus would have taken many of the farm loans. How have IFA members got on when dealing with the funds? Mr. Stapleton indicated the IFA is not dealing directly with the funds. Have IFA members done deals? Have they restructured loans for farmers, or appointed receivers? What level of engagement has taken place between the IFA and the funds?
- 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: Will Mr. Stapleton define a long-term arrangement?
- 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: What typically is the timeframe?
- 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: What refinancing options are being made available to IFA members?
- 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: Does Mr. Stapleton believe that the title "fund" is a misnomer and that effectively these institutions are asset disposal agencies as distinct from funds? In other words, they are borrowing the money to buy the loans and they have to get the money back.
- 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: In that case, they are not funds.