Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Could I refer you to page 67 in the same volume if I may? This was when your office pointed out to Bank of Ireland that they exceeded the 200% limit in real estate, their response was, ''Bank of Ireland remains comfortable with the exposure in this category.'' Is that an acceptable response to a regulator in the public interest? It tells somebody, "You're breaching our practices", and he says, "I'm comfortable."
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