Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
No, because the sector limit ... the ... we spoke about it there a few minutes ago. I mean, there's two, there's two elements in the sector limits. There's first of all the large exposures directive, which we dealt with, the 25% and the 800%; I don't believe that any bank ever breached those, so the situation didn't arise.
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