Results 18,801-18,820 of 26,053 for speaker:Kieran O'Donnell
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: Does the Governor remain of the view that a policy of moving tracker mortgages off the Irish banks' books would be helpful?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: Does Professor Honohan see logic in it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: I welcome Professor Honohan. The rate that the Central Bank has quoted as being the average rate is 3.47%. However, the standard variable rate available for new business is approximately 4.3%. We are hearing reports that restructured tracker mortgages are included in the Central Bank's figures. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: Can I take it from what Professor Honohan has just said that in any future publications from the Central Bank, two figures will be given? The first will be based on what the bank regards as the standard norm ---
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: The Central Bank will, henceforth, publish a report which will give two elements. The first will be the standard measure, which is an international measure as well the other figure, in this case, 4.51%. In an Irish context, 4.51% is the more appropriate rate to quote.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: That is about 2% above the norm in Europe. Why is that the case?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: How do we get competition into the market? We had the principal banks in before this committee last week.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: It is clear, from the way they are pricing, that we almost have a cartel in the first-time buyer market in banking. We do not appear to have effective competition. The Central Bank's role is to regulate banking. Professor Honohan said in a previous presentation that competition is not just about the number of banks in the market but also about the environment. How can we get to a point...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: Are there any current applications for a banking licence?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: In the Governor's opening statement he said that the banks were constrained by their inability to restore spreads on trackers. The banks have sought all means to restore their profitability, including the widening of the standard variable rate spreads which typically apply to old as well as new business. Tracker mortgages are clearly proving very difficult for the banks to deal with in...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Overview of Banking Sector: Central Bank (26 Nov 2014)
Kieran O'Donnell: Could Professor Honohan come up with a blended type of offer to the ECB which would involve the banks' holdings of Government bonds? It is clear to any observer that there is a difficulty with tracker mortgages. For each bank, they make up a different percentage of their mortgage book. Interestingly, Permanent TSB's percentage, contrary to perception, is lower than that of its competitors....
- Banking Inquiry: Motion (25 Nov 2014)
Kieran O'Donnell: I am pleased to contribute to this debate. The people have experienced extraordinarily difficult times in recent years. In large part the causes are rooted in the financial meltdown triggered by the failure of the banking system. Despite the trauma inflicted, we still have not fully uncovered the truth of what happened in the banking system. Until the source of this crisis is fully...
- Written Answers — Department of Agriculture, Food and the Marine: Single Payment Scheme Administration (25 Nov 2014)
Kieran O'Donnell: 240. To ask the Minister for Agriculture, Food and the Marine when an inspection will be carried out in connection with the single farm payment at a farm (details supplied) in County Limerick [45189/14]
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Does the Comptroller and Auditor General wish to comment?
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Does the committee agree to dispose of the 2013 Appropriation Accounts of the Comptroller and Auditor General: Vote 22 - Courts Service? Agreed. I thank Mr. Ryan and his colleagues for attending and apologise for the delay in commencing. Their contributions were well received.
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Ms Duffy might give us an update on that so that when we are making recommendations as a committee, we do so inclusively. Is that coming in under the Assisted Decision-Making (Capacity) Bill? Is that the context?
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Where is that currently?
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Ms Duffy does not have a date as to when that legislation will come before the-----
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Obviously, it would go back from the committee that this is something that perhaps would be given priority in terms of advancing it.
- Public Accounts Committee: 2013 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 22 - Courts Service (20 Nov 2014) Kieran O'Donnell: Perhaps it could be done in the context of a value for money review by either the Department of Justice and Equality or the Courts Service in line with the fact that there has been a change with regard to periodic payments and legislation. This does not in any way take from the work the Courts Service is doing but perhaps it could be looked at the context of dealing with the realities of...