Results 15,541-15,560 of 36,326 for speaker:Pearse Doherty
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Will KBC have all these measures in place by 1 January-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: -----or does it intend to introduce them prior to 1 January?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Was it 21% of new business that was classified as switchers?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: How many left the bank?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: If I were a KBC customer with a mortgage and I decided to fix for two years with Ulster Bank, whose fixed-rate offer is currently the best - and I hope KBC would match it, if not beat it - what hurdles would KBC make me jump?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: There are no penalties or anything like that for someone on a variable rate.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Are there penalties for those on fixed rates?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: I think the message from the committee is to switch, revalue one's property and even look at other offerings. Significant savings can be made by KBC's customers, even within the bank itself.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Does Ms Deering see further movement in interest rates, given what some of KBC's competitors have done? I mentioned Ulster Bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Looking at KBC's figures, what surprises me is that there is quite a low take-up of the discount of 20 basis points on opening up a current account.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: KBC's process is not simple. Has it got feedback on the process of opening current accounts?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: However, people may have brought in loans with IIB Homeloans, for example.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: That is where-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Then there must be a certain amount of activity through the account for the customer to be able to avail of the reduction of 20 basis points. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: I will go on to the app later.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Regarding the issue of the tracker mortgages, do the witnesses believe all the cohorts have been identified? Mr. Padraic Kissane presented before the committee previously - I am sure the witnesses have read the transcripts - and identified two particular cohorts which emanated from the flyers that were being issued to the brokers at that time regarding the commitment made by IIB Homeloans....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: KBC estimated that this would cost the bank in the region of €4 million in 2016. In 2018 the provision is €120 million. Perhaps Mr. Verbraeken might tell us how the bank got it so wrong and how many people have been held to account within it for taking so much money from customers to date.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: As CEO, Mr. Verbraeken obviously knows that he does not have to wait for the Central Bank to challenge the bank. KBC could have identified the 3,000 accounts and should have given the account holders back the money at an earlier stage. Mr. Verbraeken could also hold to account people within the bank without having to wait for administrative sanctions, a very high bar laid down in statute....
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: I understand KBC is the only retail bank in Ireland that is not unionised. Will Mr. Verbraeken clarify if that is also his understanding? KBC is unionised in Belgium and I understand it has a good relationship with the unions. Does it recognise the right of its staff in Ireland to join and be involved in a trade union? If staff request to meet their union, does it respect their choice?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Pearse Doherty: Therefore, KBC recognises the right of staff to join a union and allows them to be represented by their union, if they so wish, in dealing with the bank?