Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Cormac McCarthy:

We had. There were large exposure caps, yes, across the Royal Bank of Scotland group. So those large exposure caps had to be governed and run through RBS policies as well. So anything between €300 million to €500 million on a group basis required what was known as advances committee. So there were caps on individual and collective exposures.

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