Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
John Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source
To turn to another area, I want to refer to evidence by Mr. Gleeson, the former chairman of AIB. When he came before the inquiry, he said ... it's in relation to sectoral lending limits:
[W]e would have been very well off not to have exceeded that sectoral limit. It's a great shame that we didn't.
Do you have a view, yourself, from the position of the regulator as to regret or otherwise that you didn't pursue those limits beyond some of the letters that had been referred to, I think, by Senator Barrett in his ... his ... his earlier question?
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