Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
Okay. Can I just ask about the loan-to-deposit ratio in Ulster Bank Group, which peaked at 211%, as I understand, in 2007? Many commentators would say anything north of 120% is not a comfortable position to be in. How did the loan-to-deposit ratio go so high for Ulster Bank during your time?
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