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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