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:

It is not market manipulation. The Deputy is asking us to lend money while we are in the middle of still selling billions of euro of commercial exposure from the previous boom. We need to be prudent in the lending we give to developers.

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