Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

Well ... no, it ... first ... the big one is that your assets exceed your liabilities and the other one is that you're not able to meet your obligations as they fall due. I suppose, that's a ... you know, that's the kind of liquidity test but, I mean, they're interrelated.

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