Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

Okay, okay. Just coming to the end, on page 4 of your statement, you say: "I was assured by Royal Bank of Scotland that capital and funding support would be made available to support growth. In this regard, capital and liquidity management were not considered to be a critical, local Ulster Bank priority." Do you think that this may have had, or did it have, an effect on the behaviour and attitude of Ulster Bank executives in the local market, in other words in the Republic of Ireland?

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