Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Yes, well, you mentioned ... you said, "...only ten executives had individual lending discretions of more than euro 8 mil and this level of discretion generally only applied to the higher grade credit cases." The question I'm asking is, were there people within AIB that, if someone came in to them in a branch anywhere, one of ten, if someone came in to them with a loan of €39 million, that they could both take the application and approve it?

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