Oireachtas Joint and Select Committees

Wednesday, 25 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I thank Professor Connor. Before I bring in lead questioners, I will come back to his statement to deal with two matters. As he is aware, these hearings are broadcast to the public. In simplified terms, could he explain to the committee what he means by funding or liquidity risk and also what is meant by capital or solvency risk?

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