Results 18,061-18,080 of 35,756 for speaker:Pearse Doherty

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: None of them has been sold to a third party.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Approximately 2,283 family homes are in the legal process, are repossessed or are in voluntary repossession. We can touch on that later. How many vacant properties does Bank of Ireland hold at this point in time, either voluntarily surrendered property or properties that were repossessed on foot of a court order or whatever?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Note 1 on page 2 states:To date Bank of Ireland has submitted 319 eligible cases to the Housing Agency since inception. At the end of H1 2017, 57 cases have completed and a further 19 are under contract. What do those figures mean? How were the 319 eligible cases deemed eligible? Are these all of the houses that were repossessed or voluntarily surrendered? How is that quantified? Does...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Are there any indications that those figures will significantly ramp up in the short term? Whether it is 57 or 59, the figures seem pathetically low in the context of the scale of the crisis we have. Is there any indication that some of the obstacles - be they at the door of the bank, housing agencies or whoever - are about to be resolved?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Obviously the bank does its own internal research of the housing sector. Does it expect to see house prices continue to increase and if so at what rate? What impact will that have on new mortgages for PDHs?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Does the bank have an internal number it uses for expected price increases for next year?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: We are aware of the bank's share of the mortgage market. Is the bank increasing funding to developers who will build the houses to be bought eventually by the principal dwellers? Has the bank seen a significant pipeline of lending to developers? What is the trend?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: The bank has decided to withdraw its services from branches in many small towns and urban areas. It has gone cashless in many of its facilities. The committee welcomes that the bank has taken a different decision from AIB and Ulster Bank, in not closing its physical premises. However, it offers no currency exchange. People can no longer lodge coins or withdraw cash from across the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: If I walk into my branch in Bunbeg, I cannot get cash.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: That is outside the branch.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: We can use all the spin we want but when I walk inside the door of the bank, there is no way for me as a customer to get cash. It is cashless.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: There is no ATM inside the branch that gives out cash. It only accepts lodgements.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: Not in this branch. That is the case in many branches. There is an upgrade of the facility that will allow for lodgements and withdrawals. At this point it is only lodgements.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: One of us is obviously wrong here. I will correct the record if I am wrong. I am sure the witnesses as well-paid bank officials know. Is Mr. McLoughlin telling me that all lodgement machines inside the bank premises allow for both lodgements and withdrawal of cash?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Banking Sector in Ireland: Bank of Ireland (21 Sep 2017)

Pearse Doherty: I am glad that Mr. Mason has clarified that the machines in some branches will take lodgements but will not dispense cash.

Written Answers — Department of Education and Skills: Student Grant Scheme Eligibility (21 Sep 2017)

Pearse Doherty: 84. To ask the Minister for Education and Skills if a person (details supplied) in County Donegal will qualify under exceptional circumstances for a student grant in view of the fact that they have supplied SUSI with supporting medical evidence; and if he will make a statement on the matter. [40074/17]

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Cuirim fáilte roimh an bheirt chuig an choiste. Sa gcéad dul síos, ó thaobh ICTU de in terms of the 9% VAT rate, after leaving the ploughing championships yesterday I travelled to Monaghan, where I stayed last night. The reason for that was that Dublin was booked out. I looked quickly at where Dublin stands today and it is booked out again. Well, it is not really...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: Dr. McDonnell spoke about the small amount of fiscal space that exists and about how the commission is calculating it. I do not want to go into the debate around how the one-size-fits-all approach does not fit Ireland. However, not only have the commission reduced our net fiscal space through their method of calculation, but the Department, through the Government, are reducing it...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: The Irish Fiscal Advisory Council, IFAC, has advised the committee that the €150 million is available and we would still be within the fiscal rules if we used it. I wish to move on to what is something of a fake debate between Fianna Fáil and Fine Gael. Let us leave the party political stuff aside, though, and deal with the policy issue, which is how best to give €200...

Committee on Budgetary Oversight: Ex-ante Scrutiny of Budget 2018: Nevin Economic Research Institute, Irish Congress of Trade Unions, Irish Tax Institute and Chambers Ireland (20 Sep 2017)

Pearse Doherty: We compare our marginal tax rate, which is the middle tax rate, with other countries' higher tax rates. We can abuse statistics, so I want to delve into NERI's own statistics to see whether it is also guilty of that to present its narrative.