Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Susan O'Keeffe (Labour) | Oireachtas source
Thanks, Chair. Mr. Horan, on page 11 of your statement you say from a supervisory perspective these two issues are considered to be very closely related as liquidity issues in banks can quickly give rise to solvency problems and vice versa. I mean, in the context of this, every time we raise the word "solvency", everybody runs off into the distance, but when we talk about liquidity, we're all fine. So, you're putting them right beside each other there. So can you just tell us whether or not in those conversations about liquidity at the time, was solvency also being discussed? Or were you alone in this consideration?
No comments