Oireachtas Joint and Select Committees

Wednesday, 18 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

At the end of page 2 and page 3 of his presentation, for which I thank him, Mr. Buti said the Irish banking sector was severely oversized relative to the size of the local economy and the fiscal capacity of the Irish sovereign. By how much was it oversized and what is an optimum share of GDP to have in banking?

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