Oireachtas Joint and Select Committees
Thursday, 14 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Richard Burrows:
I believe Bank of Ireland was professional in its lending practices, and I think that the evidence for that is that in the transfer of loans which occurred to NAMA in 2009, the number of instances where insufficient or incorrect documentation arose was actually a very, very small percentage of the total, which implied that the vast bulk of all loans were properly documented and properly proceeded with within the bank.
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