Results 1,601-1,620 of 4,002 for speaker:Rose Conway Walsh
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: While they are split mortgages, they are non-performing within the-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: I know what Mr. Verbraeken is saying. I am just trying to get at the figure of 37%. That figure seems very high and needs to be addressed.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Are interest rate only mortgages classed as non-performing?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: If the interest rate only and the split mortgages were taken out of the 37%, what percentage would be left?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Is there a danger that the loans of those who hold interest only or split mortgages will be sold off if the bank is considering selling off some of the non-performing loans to vulture funds?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: My definition of a non-performing loan is somebody who has not engaged with the bank. Could those on an interest only rate or split mortgage and those who are engaging with the bank and trying to get back on their feet find their mortgage being sold off in the next few months?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: However, Mr. Verbraeken could not rule it out.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: That would be worrying for people who are making their best effort to repay their mortgage and to get back on track. I would like Mr. Verbraeken to further examine what the bank calls non-performing. The sale of mortgages to vulture funds which are not regulated and do not engage with customers in the way that they should would be of great concern to me and this committee. What part of the...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: When does the bank expect non-performing loans to be sold off?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: I beg to differ because we deal with these cases all the time and the refusal of many vulture funds to engage with customers is not acceptable, as is their refusal to come before the Oireachtas Joint Committee on Finance, Public Expenditure, Reform and the Taoiseach. If they have nothing to hide, why will they not appear before a committee like this? That is why we have great fears that...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Other banks that have come before the committee have said the ECB is making them sell off non-performing loans. Will Mr. Verbraeken clarify whether the ECB is concerned about the global NPL figure for KBC or does it demand a reduction in the component parts of KBC Ireland?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Has KBC given the ECB and CBI a timeline or commitment by which it will reduce the 37%?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Can Mr. Verbraeken give us an idea of the projection?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Has the Central Bank agreed with those projections?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: Perhaps we will get them from the Central Bank. What is the percentage of non-performing loans, NPLs, in KBC in Belgium?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: How much has KBC paid in dividends to the Belgium headquarters in each of the past three years?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: The bank has paid €220 million paid to date. Did it pay anything in 2015?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: How much of that money was used to repay the Belgian people who would have bailed out KBC?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: How much pressure is the bank under from its parent company to return the maximum dividend from its Irish operation?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Matters Relating to the Banking Sector: KBC Bank (10 Jul 2018)
Rose Conway Walsh: How much notice would the bank give of a proposed sell-off to a vulture fund? If a person has a KBC mortgage, how much notice would they be given if their mortgage was to be sold off to a vulture fund as part of a bundle?