Oireachtas Joint and Select Committees
Wednesday, 22 April 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Brendan McDonagh:
Yes, once the decision was made that the loans were coming across and they had to apply to be participant institutions, the banks at an operational level worked very hard to get the loans across to us. Their issue was trying to compile the data together for the due diligence, which was very difficult for them.
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