Results 14,581-14,600 of 35,756 for speaker:Pearse Doherty

Written Answers — Department of Education and Skills: DEIS Administration (24 Oct 2018)

Pearse Doherty: 164. To ask the Minister for Education and Skills the reason no additional schools have been conferred with DEIS status in relation to the commitment made to reassess all schools by quarter one of 2018 for the purpose of identifying schools in need of DEIS supports; when schools identified following this process can expect to begin to receive DEIS supports; and if he will make a statement on...

Written Answers — Department of Health: Medicinal Products Reimbursement (24 Oct 2018)

Pearse Doherty: 215. To ask the Minister for Health when a decision in relation to the drug sapropterin following the report from the rare diseases technology review committee will be made; and if he will make a statement on the matter. [43983/18]

Written Answers — Department of Employment Affairs and Social Protection: Carer's Allowance Appeals (24 Oct 2018)

Pearse Doherty: 311. To ask the Minister for Employment Affairs and Social Protection when a decision will issue to a person (details supplied) in relation to a carer’s allowance appeal; if requested Departmental records and comments were received; and if she will make a statement on the matter. [44074/18]

Finance Bill 2018: Second Stage (23 Oct 2018)

Pearse Doherty: Táim buíoch as an deis labhairt ar an Bhille Airgeadais anseo inniu. Tá Bille cuimsitheach foilsithe ag an Roinn. Deputy Cowen criticised Sinn Féin's position on Brexit. He is never one to try and stick the boot in although it is acknowledged by the Government that Sinn Féin is being proactive and supportive in this regard. I remember he was one of the Fianna...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Go raibh maith agat. I welcome our guests to the committee. I will be as brief as I can, given the time constraints as other members may want to come in. What is the Central Bank's position on the Sparkasse model as referred to in the report that was published by the Government, as to whether there should be that second tier of banking in that model?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: I appreciate the role of the Central Bank in the authorisation process. If such an application was made that role would obviously have to kick in. It is four years now since Governor Honohan responded to me in this committee when he said, and I quote:There should be a second tier of banking which is geared more towards local concerns, with local managers and a greater level of local...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: As to the concentration, Mr. Sibley has provided figures which state that 87% of the market share of SMEs were in three banks. He also referred to this level of concentration and the historic levels of default as being some of the contributory factors for high interest rates for SMEs. In his view, looking at international experiences, what should the market share be for such as these three...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Mr. Sibley has given an example of new bank lending to non-real estate SMEs, which has increased from €2 billion in 2013 to €3.75 billion in the first quarter of this year. What should we be looking at and how far out are we from where we should be as a normalised banking system? From the Central Bank's point of view, should it be much more or a lot more or does it believe...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: In terms of the figures that Mr. Sibley has presented for new bank lending, is any of that re-financing old debt?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: A large portion of the new lending on mortgages from banks, about 20% or thereabouts, is what the banks are lending now so it is not necessarily new financing.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: The Government in its report has strongly argued against a second tier Sparkassen model and that the banks of recovered SMEs are receiving the credit. Is Mr. Sibley suggesting to this committee that it is not as plain sailing as that, there are high levels of concentration and there is still some demand that is not being met? Is that an accurate reflection on where the Central Bank is as...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Mr. Sibley has again mentioned interest rates. In his opening statement he talked about the concentration and the high level of defaults as contributing factors to high interest rates for SMEs.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Does he see any ingredients out there that will result in an improvement? Are there any signs that we can expect interest rates to be reduced for SMEs and reduce them to a more normal level when compared with the rest of Europe? Are we, given the level of concentration and the dominance enjoyed by the three banks in terms of SMEs, sure that there is no competition here and that we are...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: It would be useful for this committee to focus more on the credit union sector and have Mr. Casey come before us again to go through some of this in more detail. Mr. Casey gave the impression that credit unions should just be lending and that there are no restrictions or regulations preventing that. Obviously, we as a committee know that there are such restrictions. We prepared a very...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Would it require authorisation from the Central Bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: My question is whether it would require authorisation.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: What I just put to the witnesses is on the record of the Dáil, in response to a question on credit unions and social housing. The Minister of State said that one of the credit union movements is ready, has gone through all of the processes and has money available. He also said that he could not be any clearer than that. The witnesses are telling us that the Central Bank has not been...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: Is it only that area that the Central Bank is looking at, namely, the five year and the ten-year rule? Is the Central Bank looking at the 15% as well, or will that remain in terms of the concentration of overall lending?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: One of the biggest criticisms I have in terms of the regulation of credit unions is that the Central Bank has not applied a tiered regulation, as a one-size-fits-all approach is not the solution. It was argued here a couple of years ago that we should take the current approach and then move to a more tiered system. Will we now take a tiered approach or will there be flexibility for...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Report on Local Public Banking: Discussion (23 Oct 2018)

Pearse Doherty: What about the timeframe? I know the consultation will happen within weeks but how long is it expected to be before decisions are taken and that we will see changes if they are introduced?