Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Ulster Bank

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2:00 pm

Mr. Jim Brown:

What we are saying is that there is a regulatory obligation for us to have more capital against each of our mortgages as a result of the losses that have been experienced.

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