Results 1,741-1,760 of 23,109 for speaker:Paddy Burke
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: The Central Bank that is governing the North has the same problem with the idea as the Central Bank here. Is that right?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Can credit unions enter the mortgage market in the North?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Is there a limit on the amount?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: There is more flexibility in the North than there is here. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Ms O'Connor said that MABS has a very good relationship with the credit unions. Does it have a similarly good relationship with the banks?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Is it easier to work with them?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Would the loans involved be smaller, generally?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: I detected from the presentation that MABS has a better relationship with credit unions and Ms O'Connor has clarified that this is because they are on the ground-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: -----but the banks are on the ground as well. However, it is quite obvious that the banks' decisions are not made on the ground. Would that be fair?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: I think it is extraordinary that credit unions are not paying out any dividends to their shareholders. As I understand it, no dividends are being paid.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: As I understand it, if somebody wants to initiate a savings plan amounting to €20,000 or €30,000 and wants to pay in €200 or €300 per week, some credit unions will not accept that business now.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Will the witnesses tell me why credit unions would like to be able to lend into housing projects in particular? Why do they not want to lend into industry or some other area?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: Credit unions are not allowed to invest in anything. Is that what Mr. Johnson is saying?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: A credit union can only use 2.5% of its funds for community loans for things like GAA or soccer pitches and other community projects. Is that 2.5% of the funds on deposit in the credit union?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: If the rules were changed, it would allow credit unions to take deposits from people trying to get businesses off the ground and hoping to get loans. It would also allow the credit unions to pay dividends to shareholders and would produce other benefits.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Overview of the Credit Union Sector: Discussion (21 Mar 2017)
Paddy Burke: How much is it?
- Seanad: Order of Business (9 Mar 2017)
Paddy Burke: I wish to be associated with the expressions of sympathy to the families in Clondalkin, to wish the victim who is in hospital well and to wish her a speedy recovery. I ask the Leader to consider inviting the Minister for Foreign Affairs and Trade to the House in the not too distant future to discuss the many problems that returning emigrants encounter when they come back to Ireland,...
- Seanad: Order of Business (9 Mar 2017)
Paddy Burke: We are not going to bring the Senator to court anyway.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)
Paddy Burke: The Department said it wanted to introduce amendments to two key areas, the capital requirement regulation, CRR, and the capital requirement directive, CRD, which were adopted in 2013 as potential requirements for institutions and rules on governance and supervision of the institutions operating in Europe. Since those were introduced in 2013, have any of the banks or financial institutions...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Scrutiny of EU Legislative Proposals (9 Mar 2017)
Paddy Burke: A number of changes are also proposed to the bank resolution framework. As the IMF noted last year the framework has, together with the single resolution mechanism, significantly strengthened the resolution regime in Ireland and in the EU. We in Ireland paid a hefty price but is there an admission in the statement of Mr. Cross that, as well as Irish banks, the EU failed?