Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Duffy:

The role ... the short answer is "No". My role was to stabilise the bank and prevent it from collapsing; to make sure that we could lend and support the Irish economy, without which the Irish economy couldn't grow, given the number of banks in the country; and, lastly, to address the issue of arrears and people in distress and try to recover as much of the livelihoods of people in homes and in businesses. Those were the primary roles. All of my actions are prioritised around those, as are the objectives of the board.

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