Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

Can I ask what is a safe level of growth for a balance sheet, year on year, for a bank? Mr. Bill Black, when he gave evidence, said ... his term that he used was "grow like crazy" is 30%. AIB's figures from balance sheet growth from 2001 to 2008 was 29% year-on-year. What, in your view, is a safe level of growth?

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