Oireachtas Joint and Select Committees

Thursday, 15 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Professor Patrick Honohan:

My understanding was that obviously there were a number of conversations within the ECB about the situation generally, but that there were specific bilateral consultations. I do not wish to be too specific on the discussions in general but it is mentioned in the report that Depfa Bank was in trouble that weekend as well, and its parent company, a German bank Hypo Real Estate. However, Depfa Bank was in Dublin.

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