Sean Barrett (Independent) | Oireachtas source

These are minutes of meetings and ... the particular one: "An IFSRA update for the CBFSAI Board [on the] ... in May 2004 indicated that property Lending [at] (61%) and Development Lending (16%) were the main concentrations in the portfolio of Bank A. An internal sectoral limited of 20% was mentioned" and then it goes on that the, "Minutes of [the] ... Meeting the following month indicate that an answer was demanded from the bank but no further action was taken." At a combined 77%, where the limit was meant to be 20%, was that an adequate response to that situation?