Results 15,081-15,100 of 26,043 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: What does Ms McKiernan regard as being their core lending in terms of the nature and period of such lending? What does she, as regulator, regard as core?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: What does Ms McKiernan define as "short-term"?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: Does Ms McKiernan think it valid to state that the restrictions being put in place will, by stealth, force credit unions to amalgamate?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: Has it been looked at-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: I am limited in terms of time. I understand what is being said but has the registrar examined the possibility of providing back-up services? The credit union movement is based on community. A person is able to go to the local credit union and deal with someone he or she knows. In my experience, most people want to repay their credit union loans. My worry is that credit unions will get...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: Correct.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: I will conclude on this point. The credit unions will not be able to grow their loan books unless the restrictions are somewhat lifted. How can we get to a point where the registry will feel comfortable enough to lift the restrictions so that they can grow their balance sheets again? They are currently shrinking and if that process continues, they will not survive.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: Good.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (Resumed) (16 Dec 2015)
Kieran O'Donnell: I thank Ms McKiernan.
- Credit Union Sector: Motion (Resumed) [Private Members] (25 Nov 2015)
Kieran O'Donnell: I am pleased to speak on this Private Members' motion. I have been a long-time supporter of the credit union movement, which does fantastic work. Working as an accountant prior to entering the Dáil, I dealt with a range of people providing services in the credit union movement. Credit unions operate in every town, village and parish and during the difficult times when the banks were...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: What percentage of the income of an average credit union was traditionally from savers' money on deposit? What percentage came from loans to customers? Has it changed?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: By how much?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: A ratio of 70:30.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: My question really relates to the practical model for keeping credit unions viable. What is the percentage of deposits over €100,000?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: Is this regarded as a reputational issue in terms of the limit of €100,000? With a view to having a sustainable model for credit unions, what are the current policies or changes that need to be made to provide a credit union with a balance sheet that is solvent and profitable, that can result in the paying of a dividend to members and that allows for lending to individuals and small...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: Why does the movement see the need for the business model to shift from having loan terms of five years to having loans terms of ten years, for example, even for personal loans?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Credit Union Sector: Discussion (25 Nov 2015)
Kieran O'Donnell: Do the delegates envisage a cap on the value of the mortgages that credit unions could approve?
- Joint Oireachtas Committee on Justice, Defence and Equality: Policing Matters: Garda Commissioner (11 Nov 2015)
Kieran O'Donnell: I compliment the Garda on its work and offer my sympathy and that of my colleagues on Garda Golden's tragic killing. I have a question on Operation Thor, which was introduced to deal with criminality, and specifically with regard to rural east Limerick, an area I represent. I have written to the Minister on this matter and asked her to take it up with the Garda Commissioner. It concerns...
- Joint Oireachtas Committee on Justice, Defence and Equality: Policing Matters: Garda Commissioner (11 Nov 2015)
Kieran O'Donnell: Limerick received no recruits from the most recent graduates from Templemore. There is a sense of urgency particularly in rural east Limerick because people are very frightened. On foot of that burglary we had further burning of hay barns. The local gardaí have put an operation in place which dealt with the matter and has been successful. I have asked a direct question. When will we...
- Joint Oireachtas Committee on Justice, Defence and Equality: Policing Matters: Garda Commissioner (11 Nov 2015)
Kieran O'Donnell: I acknowledge that fact.