Results 1,761-1,780 of 4,928 for speaker:Peter Mathews
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: Chairman, I am due to take the Chair in the Chamber.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: I thank the witnesses for their attendance. I wish to pick up on something Deputy O'Donnell mentioned, the balance sheet repair that the institutions are undertaking. The problem that has arisen for everybody across the markets, not just Ulster Bank, is due to the creation of credit by the abandonment of fractional reserving. Ulster Bank is part of RBS Group and in 2008 RBS Group, if one...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: These are indisputable facts. I will give the witnesses a paper that shows the bank's balance sheets-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: On another point, the witness said if somebody offered €50 per month-----
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: Okay, but they are the facts and they can mull over them. What is their response to those facts?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: The bank created the asset price collapse. It did it by lending money to people and it wishes to collect all the money back, yet the asset price bubble could not have happened without the profligate recklessness of the boards of the bank.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: I have one last question.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: Was €18 billion of losses capitalised by the parent company?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: Is the loan book approximately €40 billion?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: Therefore, €18 billion was written off against that.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: What are the bank's provisions at present?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: It is a provisioning rate of approximately 30%. Some of the other banks, the so-called pillar banks, are at levels of 8.5% at present; so much for stress tests.
- Leaders' Questions (8 Apr 2014)
Peter Mathews: Smoke and mirrors.
- Leaders' Questions (8 Apr 2014)
Peter Mathews: And capital for the banks.
- Leaders' Questions (8 Apr 2014)
Peter Mathews: Who caused the negative equity?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Mortgage Arrears Resolution Process: (Resumed) Ulster Bank (8 Apr 2014)
Peter Mathews: The answer is "Yes."
- Written Answers — Department of Jobs, Enterprise and Innovation: Companies Law (8 Apr 2014)
Peter Mathews: 258. To ask the Minister for Jobs, Enterprise and Innovation his plans to amend the Companies Bill 2014 to include (details supplied) in respect of accounts for small businesses; and if he will make a statement on the matter. [16007/14]
- Written Answers — Department of Health: Health Services Provision (8 Apr 2014)
Peter Mathews: 664. To ask the Minister for Health his plans to provide funds in respect of home ventilation for motor neurone sufferers; and if he will make a statement on the matter. [16647/14]
- Written Answers — Department of Transport, Tourism and Sport: Driver Licence Applications (8 Apr 2014)
Peter Mathews: 702. To ask the Minister for Transport, Tourism and Sport the reason for a four-month delay in processing a driver's licence from the National Driver Licence Service in respect of a person (details supplied) in County Wicklow; and if he will make a statement on the matter. [16199/14]
- Social Housing and Homelessness Policy: Statements (Resumed) (3 Apr 2014)
Peter Mathews: I do not want to go over the individual details comprising social housing and homelessness in four minutes. It is distressful that 90,000 families are on long waiting lists for up to ten years and that 190,000 mortgage holders are in deep arrears and horrible negative equity. I am appealing to the Economic Management Council, the Cabinet, the Taoiseach and the Minister for Finance to join...