Oireachtas Joint and Select Committees

Thursday, 23 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Donal Forde:

I think the implication of your question is that would be the only means of doing that. There was ... there certainly was an incentive. Well, firstly I should say, of the eight general managers I've talked about, only four of them would be managing front-line activities. Others would be managing call centres, they'd be managing areas like electronic banking. So, there were many and different ways by which profitability could be grown, but they all had an incentive to grow profitability, yes. Of which growing loans, good loans was part of it.

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