Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay. And just to pick up on Deputy O'Donnell's questioning about the direct impact and the immediate impact it had and in terms of your... your deposit base and you make reference to 8 October, the UK Government announced £500 billion bank rescue package and then five days later, the bailout of RBS and Lloyds Bank. Did it ease somewhat after 8 October? What was the critical period, was it a week, ten days, two weeks, of significant outflows of funds?

Comments

No comments

Log in or join to post a public comment.