Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Yes, thank you. Mr. Burrows it is long considered that a prudent loan-to-deposit ratio for banks should be of the order of 120% or lower. Why was this target so severely breached in the ... up to 2008, when it reached 176%?

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