Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John McDonnell:
Yes. I mean, we would've reviewed a sample of loans and I'm sure that the sample of loans ... we would've identified a number of these policy exceptions. The way the policy worked in Bank of Ireland was that the credit policy was drawn very tightly. And, therefore, if there was an exception to that credit policy, it went up to the next level-----
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