Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

It is Vol. 3, page 25. The summary reads as follows,

The Authority noted than an inspection ongoing at bank A focused on the rate of growth of the loan book and large exposures.

An inspection ongoing at bank B focused on the commercial property exposure.

The question I have, Mr. Hurley, is would the Financial Regulator's office have shared this type of information with the Central Bank, that is, that the rate of growth in the loan book of financial institutions, the large exposures contained therein and the inspections of commercial property exposures?

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