Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richard Burrows:

No. This was part of a continuing discussion which we were having with the Central Bank in relation to the very point that I was talking about before and the need for us to be able to collateralise our balance sheet, and therefore avail of funding from the ECB. What we were concerned about was that we would have the support of the Central Bank in making sure that that was going to continue to be available to us.

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