Results 12,741-12,760 of 26,357 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: It is generally agreed that we need to be building approximately 30,000 housing units per annum. The 3,000 figure is 10% of that demand, yet Bank of Ireland is saying that it accounts for 50% of all new lending. Is it fair or unfair to say that that seems to be a relatively low level of lending for the building of houses at a time when we have a major supply issue?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: I am based in Limerick. Anecdotally, many housing developments are being financed by what are termed "the funds". Ms McDonagh can call them what she wants, but they are funds, not banks. I would like to see more housing developments being funded by banks.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: It is not healthy for the market that funds are so dominant in the financing of house building. I have seen many developers. It is generally felt that only a handful are being funded by banks. Does Ms McDonagh regard the 40% equity figure that her bank is seeking as conservative? She has not been able to give details about the level of refusals. Has Bank of Ireland a targeted level of...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: That is much lower than the bank's overall market share of 50%.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: Obviously, it is risk based. Does the bank have a target for residential lending in 2018?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: One of my concerns is that the mainstream banks are effectively, for want of another term, leaving the building of housing units to the funds. That is unhealthy. I would like to see the banks getting more involved. Bank of Ireland's funding of 3,000 units today is not good enough. Ms McDonagh referred to how house prices were well off the peak, but when they peaked, they were way above...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: I have a limited amount of time. We asked the bank to provide details of its proposals on pay and bonuses. On page 19 of the submission supplied, it told us that the group's remuneration committee had recently commenced an engagement process with major shareholders to get their feedback on the adoption of an appropriate executive incentive scheme. Why is that being proposed at this time?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: What is the percentage of non-performing loans, NPLs, in Bank of Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: What is the target?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: How many billions of euro will that figure involve? What will the level of loans be?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: Does the bank intend to sell loans to funds to achieve that target and over what timescale will that happen? What impact would that have on home and commercial mortgages? Regarding Bank of Ireland's commitment to its branch network, many of its branches have virtually become fully automated. We had a branch-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: Okay. Ms McDonagh might just deal with the questions on NPLs.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland (Resumed): Bank of Ireland (5 Jul 2018)
Kieran O'Donnell: Does the bank plan to sell mortgage portfolios?
- Joint Oireachtas Committee on Health: Business of Joint Committee
Hospital Services: Discussion (4 Jul 2018) Kieran O'Donnell: I have two questions for my colleagues in Limerick, Professor Colette Cowan, CEO of the University Limerick hospital group, and Mr. Bernard Gloster, CEO of the health service in the mid-west. Can Professor Cowan give me an update on the 96 acute-bed block, which is being funded through the capital plan? Funding was achieved to allow the design to proceed. What is its current status? What...
- Joint Oireachtas Committee on Health: Business of Joint Committee
Hospital Services: Discussion (4 Jul 2018) Kieran O'Donnell: Will the 50 bed section be open prior to the 25 bed section being completed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Promissory Note Bonds: Discussion (28 Jun 2018)
Kieran O'Donnell: I welcome Mr. O'Flynn, Ms Queally-Moloney, Mr. Ryan and everyone else. I just have a couple of questions. Apart from anything else, the witnesses have obviously made study of the promissory note. They have probably studied it more than anyone. Did the design of the promissory note come from the Government of the day or did it come from Europe? Did Mr. O'Flynn examine from where it emanated?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Promissory Note Bonds: Discussion (28 Jun 2018)
Kieran O'Donnell: Who was this written to?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Promissory Note Bonds: Discussion (28 Jun 2018)
Kieran O'Donnell: Who sent it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Promissory Note Bonds: Discussion (28 Jun 2018)
Kieran O'Donnell: What was the date of the note?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Sale of Promissory Note Bonds: Discussion (28 Jun 2018)
Kieran O'Donnell: Does that not emanate from the fact that under EU treaties, the ECB cannot fund the national debt of states?