Results 12,801-12,820 of 16,679 for speaker:Peadar Tóibín

Independent Planning Regulator: Motion (Resumed) [Private Members] (13 May 2015)

Peadar Tóibín: Talk of Fine Gael-Fianna Fáil coalition is nonsense. There is no need for such a coalition when Fine Gael and Labour become day by day more Fianna Fáil than Fianna Fáil itself. Despite the lofty rhetoric of reform, the depressing truth is that it is business as usual. Gabhaim buíochas le mo chompánaigh as ucht an ábhar tábhachtach seo a chur os ár...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Gabhaim mo bhuíochas leis na bhfinnéithe as ucht a gcur i láthair. In their reply to the committee, they mentioned the fact that the Central Bank had written to the bank on 17 February with regard to the pricing of mortgages. In that respect, the witnesses were more forthcoming with that information than some of the other banks. Can the witnesses tell us what was the general...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: The letter from the Central Bank to Permanent TSB was on the price of mortgages - mortgage interest.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: The information I have received was that it was dated 17 February and was on mortgage pricing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: There was no call to action by the Central Bank on the price.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: The Minister is a 99% shareholder in Ms. Masding's bank. Has he raised the issue of interest rates?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Okay, but he is a shareholder.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: He has never asked for a reduction?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: If he were to, what would the bank's response be?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Would Mr. Masding refuse him?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: That is interesting.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: If he were to ask. He is seeking to have a discussion with the banks on this issue. The Taoiseach stated that it was necessary for the banks to offer some level of relief. I understand that-----

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Right. Some 7,500 families have been in arrears with Mr. Masding's bank for more than 720 days. Based on his previous experience, how many of those will end in repossession?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: A trend that can be mapped.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: I am not asking for a target. If the trend to date was mapped into the future, what would be the expected level of repossessions?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: I thank Mr. O'Sullivan. How many voluntary repossessions would be encompassed by that figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Regarding write-downs and management of the bank's clients, my office regularly deals with approximately 100 cases of mortgage distress. I do not say this lightly or take any pleasure in doing so, but some of PTSB's clients have had a difficult call centre experience. A client might be dealt with by six or seven staff members who do not know the details of the case and instead have short...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of the Banking Sector in Ireland (Resumed): Permanent TSB (13 May 2015)

Peadar Tóibín: Okay.