Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Okay. In your opinion how much was Ulster Bank Ireland Limited's strategy driven by the activities of competitors rather than assessing fully the quality and impact of the strategic decisions made? So, in your opinion, was the bank's business strategy over-reliant on property and construction loans?

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