Oireachtas Joint and Select Committees

Thursday, 30 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Just to deal with the fact that deposits can move very, very swiftly: this is something that's in the bank that somebody can come in this afternoon and take from you because it's their money. This is a very, very rapid moving area of finance. Given the swiftness of that ... and you say that they've reached levels of 150% with Bank of Ireland during that period. Is that correct?

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