Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor Alan Ahearne:
I am sure one can actually get the hard data, but as far as I know, the losses suffered by the banks from commercial property lending, and particularly lending for property development, have been greater than the losses they have suffered on the mortgage lending, but I say that without any hard numbers in my head.
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