Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

Yes, we had up-to-date information on the liquidity position of the banks. We had total flows for the previous period since Lehman's, both in relation to ECB funding and outflows. And that day we had a picture of exactly what happened that day because, I said in my earlier evidence that it looked very much at the weekend, and we had meetings all over the weekend, it looked very much at the weekend as if there might be enough liquidity for the banks for the week. That changed on Monday.

Comments

No comments

Log in or join to post a public comment.