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

And you said in your opening statement that the bank generated capital of around €5 billion from the private sector through liability management exercises. Could that have been higher, perhaps by several hundred million if the date of subordinated debt was not ------

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